SCKT Q2 2023 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q2 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$5M-15.4% YoY

Gross Profit

$3M51.8% margin

Operating Income

-$291,555-5.7% margin

Net Income

-$512,816-10.0% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+18.7%

Cash Flow

Operating Cash Flow

-$633,847

Free Cash Flow

-$1M

Stock-Based Comp.

$306,416

Balance Sheet

Total Assets

$29M

Total Liabilities

$10M

Stockholders' Equity

$19M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$6M	-15.4%
Gross Profit	$3M	$3M	-12.7%
Operating Income	-$291,555	$189,284	-254.0%
Net Income	-$512,816	$103,959	-593.3%

Revenue Segments

Service

$5,400100%

Geographic Segments

Americas

$4M75%

EMEA

$677,76113%

Asia Pacific

$599,12012%