Sonim Q2 net loss $7.5M, revenue $11.2M; Social Mobile acquisition for $15M

DNA X, Inc.

2025-Q2 EPS reported -$0.91 revenue$27,911,000

GAAP net loss of $7.5M vs net income $0.5M in Q1; revenue $11.2M down 33% QoQ from $16.7M (incl. $5.3M one-time item).
Gross profit $0.8M (8% margin) vs $8.4M (50%) Q1; includes $1.1M impairment on contract fulfillment assets.
Adjusted EBITDA negative $3.2M, flat QoQ; cash $2.0M at quarter end, raised $7.1M post-quarter via stock and debt.
XP Pro smartphone launched with AT&T; H500 5G hotspot shipping to Europe for Deutsche Telekom, Telenor, Swisscom.
Asset sale to Social Mobile for $15M base + $5M earn-out; expected Q4 close; all five director nominees elected.

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