SCKT: the balance sheet

MyFinsight

For the year ending 2025-12-31, SCKT has $14,437,340 in assets. $10,158,727 in debts. $2,032,468 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	2,032,468
Accounts receivable, net	1,711,047
Inventories, net	4,220,822
Prepaid expenses and other current assets	548,379
Deferred cost on shipments to distributors	122,480
Total current assets	8,635,196
Property and equipment, net	2,124,835
Intangible assets, net	1,304,777
Other long-term assets	285,911
Operating lease right-of-use asset	2,086,621
Total assets	14,437,340

Accounts payable and accrued expenses	1,309,675
Accrued payroll and related expenses	713,205
Deferred revenue on shipments to distributors	335,874
Short term portion of deferred service revenue	18,091
Subordinated convertible notes payable, net of discount	400,000
Subordinated convertible notes payable, net of discount-related party	5,083,007
Operating lease current portion	575,172
Total current liabilities	8,435,024
Long-term portion of operating lease	1,713,536
Long-term portion of deferred service revenue	10,167
Total liabilities	10,158,727
Additional paid-in capital	69,862,086
Treasury stock, at cost (359,250 shares as of december 31, 2025, and 2024)	1,037,988
Accumulated deficit	-64,553,462
Total stockholders equity	4,278,613
Total liabilities and stockholders equity	14,437,340

Unit: Dollar.