SCKT Q4 2023 Earnings — Socket Mobile, Inc. Revenue & Financial Results | Market Cap Arena

SCKTSocket Mobile, Inc.

$7M

Q4 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4M-14.9% YoY

Gross Profit

$2M52.7% margin

Operating Income

-$475,471-10.8% margin

Net Income

$912,07720.7% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+37.2%

Cash Flow

Operating Cash Flow

$571,091

Free Cash Flow

-$123,554

Stock-Based Comp.

$275,874

Balance Sheet

Total Assets

$29M

Total Liabilities

$9M

Stockholders' Equity

$19M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$5M	-14.9%
Gross Profit	$2M	$3M	-9.0%
Operating Income	-$475,471	-$151,580	-213.7%
Net Income	$912,077	$515,073	+77.1%