Highest-materiality recent filing
Socket Mobile removes CEO Kevin Mills, appoints David A. Holmes as President and CEO
Kevin Mills removed as President/CEO on June 8, 2026; placed on paid administrative leave pending termination.
Socket Mobile receives Nasdaq deficiency notice for bid price below $1.00; 180 days to cure
Closing bid price of common stock (SCKT) below $1.00 for 30 consecutive business days triggered Nasdaq deficiency notice.
Socket Mobile Q1 revenue $3.7M (-7% YoY); operating loss $0.8M; $0.5M note closed
Revenue $3.7M, down 7% from $4.0M in Q1 2025 and Q4 2025.
Socket Mobile extends convertible note maturity from 2026 to 2028
Extended maturity of $1.6M secured subordinated convertible notes from May 26, 2026 to May 26, 2028.
Socket Mobile Q4 revenue down 18% YoY; posts net loss of ($1.81) per share for FY 2025
Q4 2025 revenue $4.0M, down 18% from $4.8M in Q4 2024; up 28% sequentially.
Socket Mobile Q3 revenue $3.1M, down 20% YoY; operating loss widens
Revenue of $3.1M, down 20% YoY from $3.9M and 23% sequentially from $4.0M.
Revenue $4.04M, down 20% YoY from $5.08M; up 2% sequentially from $4.0M.
Socket Mobile Q1 revenue falls 20% to $4.0M; operating loss widens to $0.9M
Revenue $4.0M, down 20% YoY from $5.0M and 18% sequentially from $4.8M.
Socket Mobile reports Q4 2024 revenue up 10% YoY to $4.8M; annual operating loss narrows to $2.5M
Q4 2024 revenue $4.8M (+10% YoY, +25% sequential); gross margin 51.0%; operating loss $411k.
Socket Mobile Q3 revenue $3.9M (+21% YoY); operating loss $1.0M; CEO notes slower product eval.
Revenue $3.9M, up 21% YoY but down 24% sequentially from $5.1M in Q2.
Socket Mobile Q2 revenue $5.08M, operating loss widens 84% YoY to $535K
Revenue $5.08M, down 0.7% YoY but up 2.1% sequentially from $4.98M in Q1 2024.
Socket Mobile Q4 rev $4.4M (-15% YoY), EPS $0.08; FY23 rev $17M (-20%)
Q4 revenue $4.4M, down 15% YoY from $5.2M; gross margin improved to 52.8% from 49.3%.
Socket Mobile Q3 revenue $3.2M, down 14% YoY; operating loss widens to $1.4M
Revenue $3.2M, down 14% from $3.7M YoY and 37% sequentially from $5.1M in Q2 2023.
Socket Mobile Q2 revenue falls 15% YoY to $5.1M; operating loss of $292K
Revenue $5.1M, down 15% YoY from $6.0M, up 19% sequentially from $4.3M.
$1.6M secured subordinated convertible notes, 10% interest payable quarterly in cash, maturing May 26, 2026.
Socket Mobile Q1 net loss $993K; revenue $4.3M down 32% YoY
Revenue $4.3M, down from $6.3M in Q1 2022 and $5.2M in Q4 2022.
Socket Mobile Q4 revenue $5.2M (-15% YoY); operating loss $152K vs income $0.7M prior year
Q4 revenue $5.2M, down 15% from $6.1M YoY, up 39% sequentially from $3.7M.
Socket Mobile extends $2.5M credit facility, obtains waiver of Q3 2022 default
Financing modification with Western Alliance Bank extends $2.0M domestic and $0.5M EXIM revolver maturities to Jan 31, 2025.
Socket Mobile Q3 revenue down 41% YoY to $3.7M, net loss $874K
Revenue $3.7M vs $6.3M YoY; gross margin 44.4% vs 54.2%.
Socket Mobile Q2 revenue flat at $6.05M; operating income falls 77% to $189K
Revenue $6.05M (+2% YoY, -4% sequentially); gross margin 50.2% vs 54.7% a year ago.
Socket Mobile Q4 rev $6.1M (+31% YoY), EPS $0.11; approves $1.8M buyback
Q4 revenue $6.1M (+31% YoY); full-year revenue $23.2M (+48% YoY).
Socket Mobile Q3 revenue up 54% to $6.3M; turns to operating profit of $954k
Revenue $6.3M (+54% YoY, +6% sequential); gross margin 54% (down from 55%).
Socket Mobile Q2 revenue $6.0M (+119% YoY); operating income $814K vs loss a year ago
Revenue $6.0M, up 119% from $2.7M in Q2 2020 and 24% from Q1 2021.
On June 8, 2026, the independent members of the Board of Directors (the “Board”) of Socket Mobile, Inc. (the “Company”) notified Kevin Mills of the Board’s decision to remove him from his role as President and Chief Executive Officer of the Company.
On June 12, 2026, the Board appointed David A. Holmes, age 51, as President and Chief Executive Officer of the Company, effective immediately.
On August 9, 2024, the Company entered into an Executive Employment Agreement (the “Agreement”), with Mr. Eric Glaenzer appointing him as Vice President and Chief Technology Officer.
On August 12, 2024, the Board of Directors (the “Board”) of Socket Mobile, Inc. (the “Company”) appointed Alexis Hartmann to serve as a director
On July 25, 2022, the Board of Directors (the “Board”) of Socket Mobile, Inc. (the “Company”) appointed Laura Weinstein to serve as a director until the Company’s 2023 Annual Meeting of Stockholders or until her successor is duly elected and qualified.
Max materiality 0.85 · Median 0.60 · Most common event earnings