Socket Mobile is a leading provider of data capture and delivery solutions for enhanced productivity in workforce mobilization. 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 and contactless reader/writers. Specifically, Socket Mobile's revenue is driven by mobile applications servicing the specialty retailer, field service, transportation, and manufacturing markets. Socket Mobile has a network of thousands of developers who use its software developer tools to add sophisticated data capture to their mobile applications. Socket Mobile is headquartered in Newark, Calif.

Company profile
Ticker
SCKT
Exchange
Website
CEO
Kevin Mills
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Apple • Dell • Super Micro Computer • Omnicell • Fitbit • Zepp Health • One Stop Systems • First Capital International • Sector 5 • Helo ...
Former names
SOCKET COMMUNICATIONS INC
SEC CIK
Corporate docs
IRS number
943155066
SCKT stock data
News
Socket Mobile Receives Notice Of Allowance For U.S. Patent 'APPLICATION-ASSISTED FRIENDLY PAIRING'
11 Aug 22
Socket Mobile: Q2 Earnings Insights
28 Jul 22
Socket Mobile Q2 EPS $0.01 Misses $0.08 Estimate, Sales $6.05M Miss $7.44M Estimate
28 Jul 22
Earnings Scheduled For July 28, 2022
28 Jul 22
Socket Mobile Earnings Preview
27 Jul 22
Press releases
Socket Mobile Reports Second Quarter and Six-Months 2022 Results
28 Jul 22
Socket Mobile Appoints Laura Weinstein to Board of Directors
26 Jul 22
Socket Mobile Announces 2022 Second Quarter Results Release Date and Conference Call
20 Jul 22
Socket Mobile Announces SocketScan S720, Linear Barcode Plus QR Code Reader
19 Jul 22
Socket Mobile's S550 Mobile Wallet Reader is a Finalist in 2022 NFC Forum Awards
21 Jun 22
Investment data
Securities sold
Number of investors
Calendar
16 May 22
11 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 5.42M | 5.42M | 5.42M | 5.42M | 5.42M | 5.42M |
Cash burn (monthly) | 224.27K | (no burn) | (no burn) | (no burn) | 150.8K | (no burn) |
Cash used (since last report) | 981.37K | n/a | n/a | n/a | 659.91K | n/a |
Cash remaining | 4.44M | n/a | n/a | n/a | 4.76M | n/a |
Runway (months of cash) | 19.8 | n/a | n/a | n/a | 31.6 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Aug 22 | Laura Weinstein | Common stock option Common | Grant | Acquire A | No | No | 2.95 | 7,000 | 20.65K | 7,000 |
3 Aug 22 | Dunlap David W | Common stock option Common | Grant | Acquire A | No | No | 2.95 | 2,000 | 5.9K | 111,500 |
29 Jul 22 | Bass Charlie | Common Stock | Option exercise | Acquire M | No | No | 1.08 | 20,000 | 21.6K | 1,158,751 |
29 Jul 22 | Bass Charlie | Common stock option Common | Option exercise | Dispose M | No | No | 1.08 | 20,000 | 21.6K | 188,500 |
15 Jun 22 | Dunlap David W | Common stock option Common | Grant | Acquire A | No | No | 3.05 | 5,000 | 15.25K | 109,500 |
Institutional ownership, Q1 2022
2.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 3 |
Closed positions | 8 |
Increased positions | 2 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 41.88M |
Total shares | 686.19K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Rogers Roy L | 229.89K | $0 |
Vanguard | 121.43K | $487K |
Dimensional Fund Advisors | 77.35K | $310K |
Acadian Asset Management | 55.18K | $219K |
MS Morgan Stanley | 46.43K | $186K |
Geode Capital Management | 39.78K | $159K |
Renaissance Technologies | 38.29K | $154K |
STT State Street | 22.9K | $92K |
BLK Blackrock | 15.97K | $64K |
Avantax Advisory Services | 15K | $60K |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
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Financial reports
Current reports
8-K
Results of Operations and Financial Condition
28 Jul 22
8-K
Departure of Directors or Certain Officers
26 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
15 Jun 22
8-K
Results of Operations and Financial Condition
28 Apr 22
8-K
Results of Operations and Financial Condition
16 Feb 22
8-K
Results of Operations and Financial Condition
21 Oct 21
8-K
Results of Operations and Financial Condition
22 Jul 21
8-K
DAVE hOLMES JOINS SOCKET MOBILE AS CHIEF BUSINESS OFFICER
18 May 21
8-K
Submission of Matters to a Vote of Security Holders
14 May 21
8-K
Results of Operations and Financial Condition
22 Apr 21
Registration and prospectus
S-8
Registration of securities for employees
8 Jun 21
424B4
Prospectus supplement with pricing info
31 Mar 21
424B4
Prospectus supplement with pricing info
12 Nov 20
S-3/A
Shelf registration (amended)
11 Nov 20
S-3
Shelf registration
5 Nov 20
D
$1.53M in debt, sold $1.53M, 8 investors
10 Sep 20
SC TO-I/A
Issuer tender offer statement (amended)
3 Sep 19
Other
EFFECT
Notice of effectiveness
20 Apr 21
UPLOAD
Letter from SEC
15 Apr 21
CORRESP
Correspondence with SEC
14 Apr 21
EFFECT
Notice of effectiveness
26 Mar 21
UPLOAD
Letter from SEC
15 Mar 21
EFFECT
Notice of effectiveness
13 Nov 20
UPLOAD
Letter from SEC
11 Nov 20
EFFECT
Notice of effectiveness
6 Sep 17
CORRESP
Correspondence with SEC
4 Sep 17
UPLOAD
Letter from SEC
27 Aug 17
Ownership
4
SOCKET MOBILE / DAVID W DUNLAP ownership change
3 Aug 22
4
SOCKET MOBILE / Laura Weinstein ownership change
3 Aug 22
3
SOCKET MOBILE / Laura Weinstein ownership change
3 Aug 22
4
SOCKET MOBILE / CHARLIE BASS ownership change
1 Aug 22
4
SOCKET MOBILE / CHARLIE BASS ownership change
16 Jun 22
4
SOCKET MOBILE / WILLIAM L. PARNELL JR ownership change
16 Jun 22
4
SOCKET MOBILE / Brenton Earl MacDonald ownership change
16 Jun 22
4
SOCKET MOBILE / Ivan Lazarev ownership change
16 Jun 22
4
SOCKET MOBILE / DAVID W DUNLAP ownership change
16 Jun 22
4
SOCKET MOBILE / KEVIN J MILLS ownership change
4 May 22
Patents
Design
Cordless hand scanner
5 Jul 22
Inventors: Puay Hian Goh, James William Rebello, Vanessa Esther Lindsay, Kevin J. Mills
Utility
Accuracy-enhanced scanner
4 Jan 22
According to a technique of accuracy-enhanced scanning, a scan target is illuminated responsive to recognizing an aiming initiation action.
Utility
Assisted Aimer for Optimized Symbol Scanning by a Portable Computing Device Having an Integral Camera
30 Dec 21
An assisted aimer for rapid, accurate, and low-cost imaging of barcodes, includes a hand-held device, such as a smart phone or tablet, having a digital camera with built-in flash, a specialized software application executing on the phone, and an aimer apparatus attached in front of the flash aperture for forming an aimer beam at a predetermined distance.
Utility
Multi-mode NFC/RFID scanning
5 Oct 21
During hand-held operation, configuration of an NFC/RFID Reader/Writer peripheral device in a predefined mode named “Mobile Mode with Auto-Collection”, enables recognition of a long duration (e.g. 5 second) trigger press (AKA a “Long Press”) as an enabling event prompting a change of scan behavior between single-shot scan operation and continuous scan operation.
Utility
Host feedback of scan status
5 Oct 21
A multi-mode ring scanner (MMRS) has a ring unit for wearing on a finger.
Transcripts
2022 Q2
Earnings call transcript
30 Jul 22
2022 Q1
Earnings call transcript
28 Apr 22
2021 Q4
Earnings call transcript
17 Feb 22
2021 Q3
Earnings call transcript
22 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
23 Apr 21
2020 Q4
Earnings call transcript
25 Feb 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
1 Aug 20
2020 Q1
Earnings call transcript
1 May 20
Reddit threads
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Plays April 03, 2022
3 Apr 22
Rblx earnings loss. Was up 3k in morning before close. Now back to 99% down.
16 Feb 22