SCKT Q1 2020 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q1 2020 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4M-8.8% YoY

Gross Profit

$2M52.7% margin

Operating Income

-$91,000-2.2% margin

Net Income

-$90,000-2.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

-$50,790

Free Cash Flow

-$205,471

Stock-Based Comp.

$132,065

Balance Sheet

Total Assets

$20M

Total Liabilities

$6M

Stockholders' Equity

$13M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$5M	-8.8%
Gross Profit	$2M	$2M	-7.3%
Operating Income	-$91,000	$47,000	-293.6%
Net Income	-$90,000	$12,000	-850.0%

Geographic Segments

United States

$3M74%

Europe

$615,52915%

Asia and rest of world

$461,74811%