SCKT Q3 2023 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q3 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M-14.0% YoY

Gross Profit

$1M44.2% margin

Operating Income

-$1M-43.6% margin

Net Income

-$1M-41.3% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-37.4%

Cash Flow

Operating Cash Flow

$5,653

Free Cash Flow

-$359,982

Stock-Based Comp.

$278,259

Balance Sheet

Total Assets

$27M

Total Liabilities

$9M

Stockholders' Equity

$18M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$4M	-14.0%
Gross Profit	$1M	$2M	-14.3%
Operating Income	-$1M	-$947,000	-47.7%
Net Income	-$1M	-$874,000	-51.6%

Revenue Segments

Service

$5,100100%

Geographic Segments

EMEA

$514,15859%

Asia Pacific

$363,03941%