For the quarter ending 2026-03-31, SCKT has $13,900,557 in assets. $10,351,466 in debts. $1,710,280 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,710,280 | 2,032,468 | 2,015,749 | 2,605,332 |
| Accounts receivable, net | 2,197,349 | 1,711,047 | 1,544,986 | 1,772,263 |
| Inventories, net | 3,870,200 | 4,220,822 | 4,681,250 | 4,843,922 |
| Prepaid expenses and other current assets | 566,951 | 548,379 | 547,570 | 574,274 |
| Deferred cost on shipments to distributors | 125,247 | 122,480 | 108,984 | 144,717 |
| Total current assets | 8,470,027 | 8,635,196 | 8,898,539 | 9,940,508 |
| Machinery and office equipment | - | - | - | 2,876,819 |
| Computer equipment | - | - | - | 3,822,127 |
| Property, plant and equipment, gross | - | - | - | 6,698,946 |
| Accumulated depreciation | - | - | - | 4,340,652 |
| Property and equipment, net | 1,918,651 | 2,124,835 | 2,242,249 | 2,358,294 |
| Intangible assets, net | 1,272,953 | 1,304,777 | 1,336,601 | 1,368,425 |
| Other long-term assets | 285,911 | 285,911 | 285,911 | 285,911 |
| Deferred tax assets | - | - | 10,663,419 | 10,663,419 |
| Operating lease right-of-use asset | 1,953,015 | 2,086,621 | 2,218,508 | 2,348,698 |
| Total assets | 13,900,557 | 14,437,340 | 25,645,227 | 26,965,255 |
| Subordinated convertible notes payable, net of discount-related party | - | 5,083,007 | 5,079,361 | 5,075,715 |
| Accounts payable and accrued expenses | 1,299,202 | 1,309,675 | 1,197,242 | 1,255,112 |
| Accrued payroll and related expenses | 543,154 | 713,205 | 509,177 | 595,302 |
| Deferred revenue on shipments to distributors | 345,793 | 335,874 | 344,431 | 374,141 |
| Short term portion of deferred service revenue | - | 18,091 | - | - |
| Subordinated convertible notes payable, net of discount | 500,000 | 400,000 | 400,000 | 400,000 |
| Subordinated convertible notes payable, net of discount-related party | 5,486,652 | - | - | - |
| Operating lease current portion | 586,322 | 575,172 | 564,150 | 553,254 |
| Total current liabilities | 8,778,204 | 8,435,024 | 8,112,850 | 8,271,968 |
| Long-term portion of deferred service revenue | 8,691 | 10,167 | 11,210 | 11,808 |
| Long-term portion of operating lease | 1,564,571 | 1,713,536 | 1,860,655 | 2,005,950 |
| Total liabilities | 10,351,466 | 10,158,727 | 9,984,715 | 10,289,726 |
| Additional paid-in capital | 70,031,894 | 69,862,086 | 69,849,794 | 69,666,763 |
| Treasury stock | 1,037,988 | 1,037,988 | 1,037,988 | 1,037,988 |
| Accumulated deficit | -65,453,038 | -64,553,462 | -53,159,255 | -51,961,205 |
| Total stockholders equity | 3,549,091 | 4,278,613 | 15,660,512 | 16,675,529 |
| Total liabilities and stockholders equity | 13,900,557 | 14,437,340 | 25,645,227 | 26,965,255 |
SOCKET MOBILE, INC. (SCKT)
SOCKET MOBILE, INC. (SCKT)