Socket Mobile (SCKT)

Company Profile

founded in 1992, socket mobile is a leading innovator of data capture and delivery solutions for enhanced productivity in retail point of sale, field service, healthcare, and other mobile markets. socket mobile’s revenue is primarily driven by the deployment of third party barcode enabled mobile applications that integrate socket mobile’s cordless barcode scanners. socket mobile has a robust network of several thousand application developers registered to use its software developer’s kit to add sophisticated barcode scanning to mobile applications. socket mobile is headquartered in newark, calif. and can be reached at +1-510-933-3000 or socketmobile.com. social media links: twitter: @socketmobile youtube: http://www.youtube.com/socketmobile facebook: http://www.facebook.com/socketmobile blog: http://sockettalk.socketmobile.com

Company profile

Ticker

SCKT

Exchange

NASDAQ

Website

www.socketmobile.com/

CEO

Kevin Mills

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Manufacturing > Electronic Computer Manufacturing

Industry (SIC)

Electronic Computers

Apple • Dell • Super Micro Computer • Omnicell • Zepp Health • One Stop Systems • First Capital International • Sector 5 • Helo ...

Former names

SOCKET COMMUNICATIONS INC

SEC CIK

0000944075

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

943155066

SCKT stock data

1M 1Y 5Y

Latest filings (excl ownership)

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14 Aug 23

Results of Operations and Financial Condition

2 Aug 23

EFFECT

Notice of effectiveness

22 Jun 23

424B4

Prospectus supplement with pricing info

21 Jun 23

CORRESP

Correspondence with SEC

Submission of Matters to a Vote of Security Holders

Socket Mobile Strengthens Balance Sheet with a Secured Subordinated Convertible Note Financing of $1.6 Million

15 May 23

Transcripts

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SCKT

Earnings call transcript

2023 Q2

2 Aug 23

SCKT

Earnings call transcript

2022 Q4

22 Feb 23

SCKT

Earnings call transcript

2022 Q3

29 Oct 22

SCKT

Earnings call transcript

2022 Q2

30 Jul 22

SCKT

Earnings call transcript

2022 Q1

28 Apr 22

SCKT

Earnings call transcript

2021 Q4

17 Feb 22

SCKT

Earnings call transcript

2021 Q3

22 Oct 21

SCKT

Earnings call transcript

2021 Q2

22 Jul 21

SCKT

Earnings call transcript

2021 Q1

23 Apr 21

SCKT

Earnings call transcript

2020 Q4

25 Feb 21

Latest ownership filings

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WILLIAM L. PARNELL JR

WILLIAM L. PARNELL JR

Financial summary

Financial statements Chart SCKT financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.43 mm	3.43 mm	3.43 mm	3.43 mm	3.43 mm	3.43 mm
Cash burn (monthly)	(no burn)	179.76 k	97.19 k	195.50 k	211.28 k	103.20 k
Cash used (since last report)	n/a	570.17 k	308.26 k	620.09 k	670.16 k	327.33 k
Cash remaining	n/a	2.86 mm	3.12 mm	2.81 mm	2.76 mm	3.10 mm
Runway (months of cash)	n/a	15.9	32.1	14.4	13.1	30.1

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

SCKT institutional ownership history Ownership history

8.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	20	21	-4.8%
Opened positions	0	2	EXIT
Closed positions	1	1	–
Increased positions	4	3	+33.3%
Reduced positions	3	3	–

13F shares	Current	Prev Q	Change
Total value	463.33 mm	666.33 mm	-30.5%
Total shares	617.34 k	656.82 k	-6.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Rogers Roy L	229.89 k	$0.00	0.0%
Vanguard	124.08 k	$178.67 mm	-2.5%
Acadian Asset Management	50.42 k	$71.00 k	0.0%
Dimensional Fund Advisors	48.64 k	$71.01 mm	-40.3%
Geode Capital Management	41.52 k	$60.62 mm	0.0%
Susquehanna International	25.36 k	$37.03 mm	+24.3%
STT State Street	23.60 k	$34.46 mm	0.0%
Renaissance Technologies	17.50 k	$25.00 k	+11.5%
Avantax Advisory Services	15.00 k	$21.60 mm	0.0%
Citadel Advisors	13.24 k	$19.33 mm	+21.1%

Largest transactions	Shares	Bought/sold	Change
Dimensional Fund Advisors	48.64 k	-32.85 k	-40.3%
MS Morgan Stanley	6.44 k	-15.23 k	-70.3%
Susquehanna International	25.36 k	+4.95 k	+24.3%
Vanguard	124.08 k	-3.13 k	-2.5%
Tower Research Capital	8.18 k	+2.70 k	+49.4%
Citadel Advisors	13.24 k	+2.31 k	+21.1%
Renaissance Technologies	17.50 k	+1.80 k	+11.5%
WFC Wells Fargo & Co.	0.00	-39.00	EXIT
STT State Street	23.60 k	0.00	0.0%
BCS Barclays	30.00	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SCKT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Aug 23	Kevin J Mills	Common Stock	Gift	Dispose G	No	No	0	45,000	0.00	223,666
18 Jul 23	Bass Charlie	Common Stock	Option exercise	Acquire M	No	No	1.5	10,000	15.00 k	1,221,651
18 Jul 23	Bass Charlie	Common stock option Common	Option exercise	Dispose M	No	No	1.5	10,000	15.00 k	132,042
19 Jun 23	Parnell William L. JR	Common Stock	Grant	Acquire A	No	No	0	2,000	0.00	10,000
13 Jun 23	Marini Giacomo	Common Stock	Grant	Acquire A	No	No	0	7,000	0.00	7,000
7 Jun 23	Laura Weinstein	Common Stock	Grant	Acquire A	No	No	0	7,000	0.00	7,000