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olivLaw · US equity research

Socket Mobile, Inc. SCKT

Electronic Computers · SIC 3571 · Vertical: Electronic Computers (SIC 3571)

0.30USD0.00% · 1 dayClose 04 Nov 2026

Socket Mobile makes cordless barcode scanners and NFC readers that connect over Bluetooth and are built into third-party mobile applications, especially for mPOS and field work. The company is under pressure: annual revenue fell 20% in fiscal 2025 to $15.1 million, and the second quarter of 2026 brought a further 25% year-over-year decline.

The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).

At the close of 04 Nov 2026, Socket Mobile, Inc. (SCKT) stock was 0.30 USD (+0.00% on the day), with market capitalisation 2.5 m USD, beta 0.26, 52-week range 0.29–2.13 USD. Latest reported quarter (Q2 2026): revenue of 3.0 m USD (−24.9% YoY), net income of -1.3 m USD, diluted EPS -0.16 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
2.5 m USD
shares as of 10 Aug 2026
P/E (TTM)
unavailable
Diluted EPS TTM -1.85 · TTM to 30 Jun 2026
E/P (TTM)
-616.48%
TTM to 30 Jun 2026
Dividend yield
unavailable
Beta (2y)
0.26
Volatility (1y) 206%
52-week range
0.292.13

Price history

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Technical reading

RSI (14)
34.4
weak (30–45)
Bollinger (20, 2)
0.26 – 0.67
in the lower half of the band · %B 0.10 · band width 87.6%
SMA 50 / 200
0.55 / 0.79
downtrend (price < SMA50 < SMA200)
MACD (12, 26, 9)
-0.07 / -0.05
MACD below signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month−67.7%−2.0%−65.8 pp—
3 months−25.0%−2.2%−22.8 pp—
6 months−65.1%+4.3%−69.4 pp—
Year to date−70.6%+10.6%−81.2 pp—
1 year−71.4%+10.5%−81.9 pp+0.3%
3 years−70.6%+73.7%−144.3 pp+46.4%
5 years−95.2%+61.7%−156.9 pp—
Max drawdown (1y)
−86.4%
10 Aug 2026 → 02 Nov 2026
Max drawdown (5y)
−95.4%
09 Nov 2021 → 02 Nov 2026
Compound annual growth (5y)
−45.5%
S&P 500 +10.1%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
3.0 m USD
−24.9% YoY
Net income
-1.3 m USD
unavailable YoY
Diluted EPS
-0.16
unavailable YoY
net / operating
-44.4% / -39.4%

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue3.9 m4.8 m4.0 m4.0 m3.1 m4.0 m3.7 m3.0 m
Cost of revenue2.0 m2.4 m2.0 m2.0 m1.6 m2.0 m1.8 m1.6 m
Gross profit1.9 m2.5 m2.0 m2.0 m1.5 m2.0 m1.9 m1.4 m
Research & development1.2 m1.1 m1.1 m1.1 m1.0 m1.1 m1.1 m1.1 m
Operating income-1.0 m-410.9 k-893.7 k-677.4 k-1.1 m-589.5 k-759.7 k-1.2 m
Depreciation & amortisation275.7 k ≈292.5 k338.9 k342.9 k ≈334.6 k ≈310.4 k291.3 k270.0 k ≈
Interest expense-84.2 k-102.0 k-100.5 k-114.8 k-140.1 k-141.3 k-139.9 k-151.0 k
Net income-1.1 m38.1 k-994.1 k-792.1 k-1.2 m-11.4 m-899.6 k-1.3 m
Diluted EPS-0.150.01 ≈-0.13-0.10-0.15-1.43 ≈-0.11-0.16
Operating cash flow204.0 k ≈-87.0 k-733.0 k-464.4 k ≈-402.8 k ≈350.4 k-768.9 k135.9 k ≈
Capex396.6 k ≈223.9 k52.3 k136.9 k ≈186.8 k ≈161.1 k53.3 k90.7 k ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue16.5 m19.3 m15.7 m23.2 m21.2 m17.0 m18.8 m15.1 m
Revenue YoY−22.7%+17.0%−18.5%+47.8%−8.5%−19.8%+10.2%−19.6%
Net income-571.1 k286.6 k-3.3 m4.5 m86.9 k-1.9 m-2.2 m-14.4 m
Net income YoYunavailableunavailable−1,244.0%unavailable−98.1%−2,307.7%unavailableunavailable
Diluted EPS-0.090.05-0.510.480.01-0.27-0.30-1.81
Diluted EPS YoYunavailableunavailable−1,120.0%unavailable−97.9%−2,800.0%unavailableunavailable
net %-3.5%1.5%-20.9%19.3%0.4%-11.3%-12.0%-95.4%
Free cash flow326.4 k278.4 k268.0 k1.5 m-1.3 m-2.1 m-1.3 m-1.8 m

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
2.0 m USD
Financial debt
unavailable USD
Net debt
unavailable USD
Equity
4.3 m USD
Total assets
14.4 m USD
Debt / equity
unavailable
Current ratio
1.02x
ROE
-128.2%
ROA
-68.8%
FCF margin
-11.9%

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2023
17.0 m
2024
18.8 m
2025
15.1 m

SEC (XBRL)· 30 Mar 2026verified

Cost of revenue
2023
8.6 m
2024
9.3 m
2025
7.6 m

SEC (XBRL)· 30 Mar 2026verified

Gross profit
2023
8.5 m
2024
9.5 m
2025
7.5 m

SEC (XBRL)· 30 Mar 2026verified

Research & development
2023
4.8 m
2024
4.7 m
2025
4.4 m

SEC (XBRL)· 30 Mar 2026verified

Operating income
2023
-3.1 m
2024
-2.5 m
2025
-3.2 m

SEC (XBRL)· 30 Mar 2026verified

Depreciation & amortisation
2023
922.4 k
2024
1.1 m
2025
1.3 m

SEC (XBRL)· 30 Mar 2026verified

EBITDA
2023
-2.2 m ≈
2024
-1.4 m ≈
2025
-1.9 m ≈

SEC (XBRL)· 30 Mar 2026derived

Interest expense
2023
-242.2 k
2024
-330.8 k
2025
-496.6 k

SEC (XBRL)· 30 Mar 2026verified

Income tax
2023
1.4 m
2024
551.0 k
2025
-10.7 m

SEC (XBRL)· 30 Mar 2026verified

Net income
2023
-1.9 m
2024
-2.2 m
2025
-14.4 m

SEC (XBRL)· 30 Mar 2026verified

Diluted EPS
2023
-0.27
2024
-0.30
2025
-1.81

SEC (XBRL)· 30 Mar 2026verified

Weighted average diluted shares
2023
7.2 m
2024
7.6 m
2025
7.9 m

SEC (XBRL)· 30 Mar 2026verified

Balance sheet · USD

Cash
2023
2.8 m
2024
2.5 m
2025
2.0 m

SEC (XBRL)· 30 Mar 2026verified

Inventories
2023
5.4 m
2024
4.9 m
2025
4.2 m

SEC (XBRL)· 30 Mar 2026verified

Current assets
2023
10.7 m
2024
9.6 m
2025
8.6 m

SEC (XBRL)· 30 Mar 2026verified

Property, plant & equipment, net
2023
3.0 m
2024
2.8 m
2025
2.1 m

SEC (XBRL)· 30 Mar 2026verified

Intangibles (excl. goodwill)
2023
1.6 m
2024
1.4 m
2025
1.3 m

SEC (XBRL)· 30 Mar 2026verified

Total assets
2023
28.7 m
2024
27.3 m
2025
14.4 m

SEC (XBRL)· 30 Mar 2026verified

Current liabilities
2023
6.5 m
2024
6.9 m
2025
8.4 m

SEC (XBRL)· 30 Mar 2026verified

Total liabilities
2023
9.3 m
2024
9.2 m
2025
10.2 m

SEC (XBRL)· 30 Mar 2026verified

Equity
2023
19.4 m †
2024
18.2 m †
2025
4.3 m †

SEC (XBRL)· 30 Mar 2026verified

Cash flow · USD

Operating cash flow
2023
48.6 k
2024
-521.5 k
2025
-1.2 m

SEC (XBRL)· 30 Mar 2026verified

Capex
2023
2.2 m
2024
788.3 k
2025
537.1 k

SEC (XBRL)· 30 Mar 2026verified

Free cash flow
2023
-2.1 m ≈
2024
-1.3 m ≈
2025
-1.8 m ≈

SEC (XBRL)· 30 Mar 2026derived

Investing cash flow
2023
-2.2 m
2024
-715.5 k
2025
-537.1 k

SEC (XBRL)· 30 Mar 2026verified

Financing cash flow
2023
1.3 m
2024
902.3 k
2025
1.3 m

SEC (XBRL)· 30 Mar 2026verified

Share repurchases
2023
208.4 k
2024
—
2025
—

SEC (XBRL)· 25 Mar 2024verified

Computed indicators

Growth

Revenue growth (YoY)
-19.6%
computed by olivLawFY 2025
Revenue CAGR 3Y
-10.8%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
-0.8%
computed by olivLawFY 2020 → FY 2025
EBIT growth (YoY)
unavailable
the base of the ratio is not positive
Net income growth (YoY)
unavailable
the base of the ratio is not positive
Net income CAGR 3Y
unavailable
the base of the ratio is not positive
Net income CAGR 5Y
unavailable
the base of the ratio is not positive
EPS growth (YoY)
unavailable
the base of the ratio is not positive
EPS CAGR 3Y
unavailable
the base of the ratio is not positive
EPS CAGR 5Y
unavailable
the base of the ratio is not positive
FCF growth (YoY)
unavailable
the base of the ratio is not positive

Profitability

Gross margin
49.1%
computed by olivLawTTM to 30 Jun 2026
EBITDA margin
-17.4%
computed by olivLawTTM to 30 Jun 2026
EBIT margin
-26.1%
computed by olivLawTTM to 30 Jun 2026
Net margin
-107.5%
computed by olivLawTTM to 30 Jun 2026
FCF margin
-8.5%
computed by olivLawTTM to 30 Jun 2026

Returns

ROE
-155.7%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROA
-75.4%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROIC
unavailable
input data missing
ROCE
-93.5%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
-6.3x
computed by olivLawTTM to 30 Jun 2026

Liquidity

Current ratio
0.9x
computed by olivLawbalance sheet at 30 Jun 2026
Cash ratio
0.2x
computed by olivLawbalance sheet at 30 Jun 2026

Cash

Operating cash flow
-685.3 k USD
computed by olivLawTTM to 30 Jun 2026
Capital expenditure
492.0 k USD
computed by olivLawTTM to 30 Jun 2026
Free cash flow
-1.2 m USD
computed by olivLawTTM to 30 Jun 2026
FCF conversion
unavailable
insufficient data
Cash conversion
unavailable
insufficient data

Efficiency

Days sales outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing

Market and valuation

Market capitalisation
2.5 m USD
computed by olivLawbalance sheet at 30 Jun 2026
Enterprise value
unavailable
input data missing
Market cap / net income TTM
unavailable
insufficient data
P/E (TTM)
unavailable
insufficient data
Earnings yield
-616.5%
computed by olivLawTTM to 30 Jun 2026
P/B
1.0x
computed by olivLawbalance sheet at 30 Jun 2026
P/S
0.2x
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
unavailable
the base of the ratio is not positive
FCF yield
-47.3%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Dividend yield
unavailable
no dividend in the structured statements; a missing line is not a confirmed zero
Shareholder yield (distributions)
unavailable
input data missing

4 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • valuation methods computed: 0 of at least 1

A scoring methodology on indicators and valuation, not investment advice.

Closing price

0.30 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 2.5 m USD

Key indicators

Market capitalisation
2.5 m USD
computed by olivLawbalance sheet at 30 Jun 2026
P/E (TTM)
unavailable
insufficient data
P/B
1.0x
computed by olivLawbalance sheet at 30 Jun 2026
EV/EBITDA
unavailable
input data missing
ROE
-155.7%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Net margin
-107.5%
computed by olivLawTTM to 30 Jun 2026
Revenue growth (YoY)
-19.6%
computed by olivLawFY 2025
Dividend yield
unavailable
no dividend in the structured statements; a missing line is not a confirmed zero

Coverage and freshness

27/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 10 Aug 2026
Source: SEC (XBRL)published 13 Aug 2026
verified 2126derived 199

Score by group

72% · Insufficient data

Estimated value range

unavailable — no valuation method could be computed

Valuation assumptions are editorial choices, not measured; beta is not measured.

Valuation methods

  • DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: EV/Salesunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)

no valuation method could be computed

Multiple comparisons use the SIC vertical: Electronic Computers (SIC 3571)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Insufficient data

Minimum-evidence gate: valuation methods computed: 0 of at least 1

FactorValueScoreWeight used
Gross margin · Quality49.1%23 (on a fixed band)15%
EBIT margin · Quality-26.1%0 (vs peers)12%
FCF margin · Quality-8.5%0 (on a fixed band)12%
Revenue CAGR 3Y · Growth-10.8%0 (on a fixed band)24%
Revenue growth (YoY) · Growth-19.6%0 (vs peers)12%
Net debt / EBITDA · Balance sheetunavailableunavailable—
Current ratio · Balance sheet0.9x3 (on a fixed band)9%
EV/Sales · Valuationunavailableunavailable—
FCF yield · Valuation-47.3%0 (on a fixed band)18%
Shareholder yield (distributions) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial3/100 · 1/2 factors with a value
  • Growth0/100 · 2/2 factors with a value
  • Quality9/100 · 3/3 factors with a value
  • Returns· partialunavailable · 0/1 factors with a value
  • Valuation· partial0/100 · 1/2 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

SOCKET MOBILE, INC. (SCKT). Latest full fiscal year: 2025; data up to 2026-06-30.

Figures computed from the financial statements: revenue 15.1 m USD in 2025; YoY growth -19.6%; net margin -107.5%; ROE -155.7%.

Valuation cannot be computed from the available data.

Insufficient data for a verdict (valuation methods computed: 0 of at least 1).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

What contradicts it

  • Gross margin: 49.1%
  • EBIT margin: -26.1%
  • FCF margin: -8.5%
  • Revenue CAGR 3Y: -10.8%
  • Revenue growth (YoY): -19.6%
  • Current ratio: 0.9x
  • FCF yield: -47.3%

Not assessed (insufficient data or a ratio without meaning): Net debt / EBITDA, EV/Sales, Shareholder yield (distributions).

Versus the vertical median

Electronic Computers (SIC 3571) · same industry (4-digit SIC) · compared with 6 companies

Multiples and returns vs the median

P/E
—
vertical median 37.0x
EV/EBITDA
—
vertical median —
P/S
0.2x
vertical median 1.6x
below median (−88.6%)
P/B
1.0x
vertical median 1.4x
below median (−26.7%)
ROE
-155.7%
vertical median 3.1%
below median (−5,190.3%)
Net margin
-107.5%
vertical median 4.4%
below median (−2,530.6%)
EBIT margin
-26.1%
vertical median 5.9%
below median (−544.5%)
Revenue YoY
-19.6%
vertical median 25.0%
below median (−178.6%)
Net debt/EBITDA
—
vertical median —
Dividend yield
—
vertical median —

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
AAPLApple Inc.4,823.2 bn37.0142.3%27.6%+15.1%+19% / +75%
DELLDell Technologies Inc.261.4 bn23.7—7.5%+18.8%+206% / +438%
SMCISuper Micro Computer, Inc.20.6 bn9.621.5%5.7%+77.8%−7% / +15%
OMCLOmnicell, Inc1.8 bn46.63.1%3.1%+6.5%+8% / +18%
OSSOne Stop Systems, Inc.116.7 m369.11.3%1.0%+31.2%−23% / +126%
SCKTSocket Mobile, Inc.2.5 m—-155.7%-107.5%−19.6%−71% / −71%
ZEPPZepp Health Corp0—-17.2%-15.5%+41.8%−92% / −59%

1- and 3-year price returns: for SCKT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
3 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
5 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
What moves the 3-year price the most

    AI analysis

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    Possibly outdated: the newest document it read is from 13 Aug 2026; since then the company filed 10-Q/A (03 Nov 2026).

    In brief

    Socket Mobile makes cordless barcode scanners and NFC readers that connect over Bluetooth and are built into third-party mobile applications, especially for mPOS and field work. The company is under pressure: annual revenue fell 20% in fiscal 2025 to $15.1 million 1, and the second quarter of 2026 brought a further 25% year-over-year decline 3.

    SWOT

    Strengths

    • Specialized products with good brand recognition in cordless scanning, plus a developer kit that ties the company to app providers 1.
    • Broad product range, including certified NFC and RFID solutions and camera scanning software, covering several segments 12.
    • Low operating expenses and cost control, which kept gross margins relatively stable despite lower sales 1.

    Weaknesses

    • Dependence on a few large distributors, which control a significant share of sales and can reduce stock purchases abruptly 1.
    • Repeated net losses and a full valuation allowance on deferred tax assets show difficulty returning to profitability 1.
    • Reliance on subordinated convertible notes and a credit line limits financial flexibility 1.

    Opportunities

    • Growth of the BYOD segment in industry, where iPhone-based XtremeScan devices could attract new customers 2.
    • Expansion of NFC applications in mobile wallets and digital identity, if access to the technology improves 1.
    • A return of retail demand, which could restore revenue growth if customer spending stabilizes 3.

    Threats

    • Intense competition from larger companies with greater resources and the possibility of price cuts 1.
    • Uncertain macroeconomic conditions that could prolong falling sales and limit access to capital 13.
    • Scanning functions built into tablets and phones that could replace standalone scanners 1.

    Risks

    • Going concern and return to profitabilityhigh

      The company states it cannot foresee with certainty whether it will return to profitability; if it does not, it may need to suspend some or all of its operations 1.

    • Need for additional capitalhigh

      Additional capital may not be available on reasonable terms, which could cause substantial dilution for investors 1.

    • Concentration on distributorsmedium

      Distributors may reduce orders or offer competing lines, and losing a single major partner could seriously affect revenue 1.

    • Dependence on app providersmedium

      If app providers delay development or fail to sell their applications, the company's sales could fall short of expectations 1.

    • Supply and inventorylow

      Components come from a limited number of suppliers, and swings in demand could lead to excess stock or shortages 1.

    Investment thesis

    What would need to be true (bull case)

    • If demand from retail and industry recovers, the company could quickly regain revenue, given its already lean cost base and broad product range 13.
    • BYOD and rugged iPhone solutions could open a less contested market in industry 2.
    • The CaptureSDK and free camera scanning model could strengthen ties with app providers and generate recurring revenue over the long term 1.

    What would break the thesis

    • If the decline in sales continues, losses could persist and the company could need capital on unfavorable terms 13.
    • Reliance on a few large distributors makes revenue fragile, and a change in their strategy could cut sales sharply 1.
    • Larger competitors with superior resources could intensify pressure on prices and margins 1.

    What to watch

    • Revenue and gross margin trend versus the prior quarterQ3 2026
    • Cash level and subordinated convertible note balancesQ3 2026
    • Rollout progress of new XtremeScan products and their adoption in industry2027
    • Whether operating expense cuts continue and how the net loss developsnext 10-K

    Products, market & competition

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    Possibly outdated: the newest document it read is from 13 Aug 2026; since then the company filed 10-Q/A (03 Nov 2026).

    The business

    Socket Mobile, Inc. (NASDAQ: SCKT) provides data capture and delivery solutions for workforce mobility. Its main products are cordless scanning devices with barcode or RFID/NFC technology that connect over Bluetooth to smartphones, tablets and mobile computers running iOS, Android or Windows 1. The company designs its products but subcontracts component manufacturing to third parties in the United States, Mexico, Taiwan, Singapore, Malaysia and China, with final assembly in Fremont, California 1. Sales depend largely on app providers that integrate its CaptureSDK, so products are marketed by those providers or their resellers 1.

    Products reach customers through two-tier distribution: large distributors such as Ingram Micro, ScanSource and Blue Star supply a network of online resellers 1. Concentration is high, as a few distributors accounted for about 49% of worldwide sales in 2025 1. Once an app provider integrates the company's products, they become part of its solution and marketing program 1.

    The company has a relatively small cost base and cut operating expenses in 2025, including research and development, sales and marketing and general and administrative costs 1. However, continuing losses and a full valuation allowance of over $10 million against deferred tax assets show pressure on profitability 1. In the first half of 2026, the net loss reached $2.2 million 3.

    Segments

    Cordless scanners (XtremeScan, DuraScan, SocketScan, DuraSled)

    These are the main product lines: cordless scanners for industry, warehousing and retail, including iPhone-compatible models and scanners with attached cases 12. They are considered the primary revenue driver, mainly through mPOS applications 1.

    Software and the CaptureSDK

    CaptureSDK lets developers integrate all of the company's devices through one interface, and camera-based scanning software (free SocketCam C820 and advanced C860) complements the range 12. This segment helps app providers adopt the company's solutions 1.

    NFC and RFID reading

    NFC and RFID products, certified by programs such as Apple Pay VAS and Google Wallet, serve mobile wallets and digital identity, and the combined NFC and QR reader is a differentiator 12.

    Market context

    The company describes the mobile data capture market as complex and competitive, with competing products in the United States, Europe and Asia 1. It expects growth in mobile applications and the mobile workforce to increase demand for scanners, if adoption continues in mPOS, field service, logistics and events 1. Recent revenue, however, shows weak demand, as customers cut spending and sales cycles lengthened 13.

    The company links part of its recovery to retail and to BYOD devices, where a rugged iPhone could reach industrial customers 2. If retail demand returns, it could support revenue again, but management currently describes market conditions as uncertain 3.

    Trends

    • Weaker retail and industrial demandheadwind

      Tougher macroeconomic conditions and longer sales cycles reduced order volumes in 2025 and in 2026 13. If this weakness persists, pressure on revenue could continue.

    • Growth of mobile applications and the mobile workforcetailwind

      Rising use of smartphones and tablets for business supports long-term demand for scanners built into applications 1.

    • BYOD adoption in industrytailwind

      Workers using one phone for both work and personal needs form a market the company considers underserved and with growth potential 2.

    • iPhone NFC limits and short product cyclesmixed

      Limits on NFC use on iPhones and short mobile product life cycles require constant product investment, which could weigh on margins 1.

    Competitive position

    Competitors include specialist cordless scanner makers and camera scanning providers such as Koamtec, Code Corporation, Opticon, Infinite Peripherals, Honeywell, Datalogic and Zebra Technologies, along with applications from Scandit and Manatee Works 1. Some competitors have greater financial and technical resources, and tablet and phone makers can build scanning functions into their own devices 1.

    The company differentiates itself through the CaptureSDK, broad operating system compatibility and a camera scanning model in which app providers receive the solution at no charge 1. Its smaller scale, however, may be a disadvantage against larger competitors 1.

    • HoneywellHON

      Maker of scanners built into rugged devices, viewed as a direct rival in mobile data capture 1.

    • Zebra TechnologiesZBRA

      Supplier of mobile computers with built-in scanners, competing in the rugged industrial segment 1.

    • Datalogic

      Maker of scanners and rugged mobile devices, named among industry competitors 1.

    • Scandit

      Provider of camera-based scanning software that competes with the SocketCam solutions 1.

    News & filings

    In the press

    The latest news item in our archive is from 29 Oct 2026; the newest SEC filing is from 03 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.

    SEC filings

    Sources

    1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Socket Mobile, Inc. · 30 Mar 2026
    2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Socket Mobile, Inc. · 13 Aug 2026
    3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Socket Mobile, Inc. · 30 Jul 2026

    Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.