SCKT Q2 2020 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q2 2020 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M-46.3% YoY

Gross Profit

$1M50.1% margin

Operating Income

-$810,000-29.8% margin

Net Income

-$768,000-28.3% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-35.7%

Cash Flow

Operating Cash Flow

$295,161

Free Cash Flow

$193,659

Stock-Based Comp.

$131,369

Balance Sheet

Total Assets

$18M

Total Liabilities

$5M

Stockholders' Equity

$13M

Cash & Equivalents

$926,983

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$5M	-46.3%
Gross Profit	$1M	$3M	-48.3%
Operating Income	-$810,000	$218,000	-471.6%
Net Income	-$768,000	$120,000	-740.0%

Geographic Segments

United States

$2M83%

Asia Pacific

$272,78710%

Europe

$200,0127%