---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040796"
form_type: "8-K"
ticker: "SONM"
cik: "0001178697"
company_name: "DNA X, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:13:40.297945+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sonim Q3 revenue up 34% to $27.6M, GAAP net income $527k vs loss year ago

## Summary
- Revenue $27.6M (+34% YoY from $20.5M); GAAP net income $527k vs $1.6M loss in Q3 2022.
- Gross margin improved to 20.3% from 16.2% YoY on better product mix (XP10 smartphone).
- Cash $9.8M, debt-free; self-funds working capital and product development.
- Secured five tier-one carrier awards in North America and Australia for 5G mobile hotspots launching 2024.
- Appointed Simon Rayne as GM for UK, EMEA, and APAC sales.

## SEC filing metadata
- accession: 0001493152-23-040796
- form_type: 8-K
- ticker: SONM
- cik: 0001178697
- company_name: DNA X, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178697/000149315223040796/0001493152-23-040796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178697/000149315223040796/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040796
- JSON: https://secwatch.observer/filing/0001493152-23-040796.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040796.txt

## Key facts
- Earnings Releases
  DNA X, Inc. reported the third quarter ended September 30, 2023 results: revenue $27.6 million, net income $527 thousand.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $27.6 million
  - Net income: $527 thousand
  - Result: reported results
  source text: the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Sonim Reports 34% Revenue Increase to $27.6 Million, Continued GAAP Profitability in Third Quarter 2023 Increased Gross Margin, Continued GAAP Net Income Demonstrate Durability of Sonim Financial Model Growing List of New Tier-One
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315223040796/0001493152-23-040796-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.