SONM: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SONM has $40,219K in assets. $40,920K in debts. $2,137K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	2,137	2,006
Related party receivable	-	181
Accounts receivable, net	3,498	2,870
Non-trade receivable	9,841	6,967
Inventory	10,986	9,889
Prepaid expenses and other current assets	3,839	5,210
Total current assets	30,301	27,123
Property and equipment, net	140	161
Contract fulfillment assets	9,053	8,014
Other assets	725	780
Total assets	40,219	36,078

Accounts payable	20,408	20,583
Accrued liabilities	13,631	12,163
Promissory notes, net, current portion	4,817	2,916
Total current liabilities	38,856	35,662
Promissory notes, net	250	-
Income tax payable	1,814	1,750
Total liabilities	40,920	37,412
Common stock, 0.001 par value per share 100,000,000 shares authorized and 1,015,652 and 276,881 shares issued and outstanding at september 30, 2025, and december 31, 2024, respectively	1	10
Additional paid-in capital	294,676	289,281
Accumulated deficit	-295,378	-290,625
Total stockholders equity (deficit)	-701	-1,334
Total liabilities and stockholders equity (deficit)	40,219	36,078