SOCKET MOBILE, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SOCKET MOBILE, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $18.76M | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | $17.03M | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | $21.24M | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | $23.20M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $15.70M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $19.25M | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | $16.45M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $21.29M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $20.79M | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | $18.40M | Mar 24, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($2.24M) | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | ($1.92M) | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | $86.9K | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | $4.47M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($3.28M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $286.6K | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | ($571.1K) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | ($1.43M) | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $12.15M | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | $1.82M | Mar 24, 2017 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($2.46M) | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | ($3.12M) | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | ($446.0K) | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | $2.70M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($4.35M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $606.4K | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | ($586.0K) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $2.42M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $2.56M | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | $2.13M | Mar 24, 2017 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $27.35M | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | $28.74M | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | $28.60M | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | $25.58M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $15.61M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $19.46M | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | $18.60M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $19.85M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $21.59M | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | $9.69M | Mar 24, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $9.19M | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | $9.32M | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | $8.28M | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | $5.53M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $4.44M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $6.22M | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | $6.19M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $2.62M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $5.42M | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | $6.34M | Mar 24, 2017 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $18.16M | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | $19.42M | Mar 25, 2025 |
| FY2024 | Dec 31, 2022 | $20.32M | Mar 25, 2025 |
| FY2023 | Dec 31, 2021 | $20.05M | Mar 25, 2024 |
| FY2022 | Dec 31, 2020 | $11.17M | Mar 31, 2023 |
| FY2021 | Dec 31, 2019 | $13.78M | Mar 31, 2022 |
| FY2020 | Dec 31, 2018 | $12.40M | Mar 23, 2021 |
| FY2018 | Dec 31, 2017 | $17.23M | Mar 28, 2019 |
| FY2018 | Dec 31, 2016 | $16.17M | Mar 28, 2019 |
| FY2017 | Dec 31, 2015 | $3.34M | Mar 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | 0 | Mar 26, 2020 |
| FY2017 | Dec 31, 2017 | 0 | Mar 23, 2018 |
| FY2017 | Dec 31, 2016 | 2 | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | 0 | Mar 24, 2017 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Mar 23, 2021 |
| FY2019 | Dec 31, 2018 | 0 | Mar 26, 2020 |
| FY2017 | Dec 31, 2017 | 0 | Mar 23, 2018 |
| FY2017 | Dec 31, 2016 | 1 | Mar 23, 2018 |
| FY2016 | Dec 31, 2015 | 0 | Mar 24, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $2.49M | Mar 25, 2025 |
| FY2024 | Dec 31, 2023 | $2.83M | Mar 25, 2025 |
| FY2023 | Dec 31, 2022 | $3.62M | Mar 25, 2024 |
| FY2022 | Dec 31, 2021 | $6.10M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $2.12M | Mar 31, 2022 |
| FY2021 | Dec 31, 2019 | $958.9K | Mar 31, 2022 |
| FY2020 | Dec 31, 2018 | $1.08M | Mar 23, 2021 |
| FY2019 | Dec 31, 2017 | $3.38M | Mar 26, 2020 |
| FY2018 | Dec 31, 2016 | $1.32M | Mar 28, 2019 |
| FY2017 | Dec 31, 2015 | $938.2K | Mar 23, 2018 |