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• Revenue: $3.1 million, a decrease of 20% year over year from $3.9 million in Q3 2024 and 23% sequentially from $4 million in Q2 2025.

• Gross Margin: 47.7%, down from 49% in Q3 2024 and 49.9% in Q2 2025.

• Operating Expenses: $2.5 million, reduced from $2.9 million in Q3 2024 and $2.7 million in Q2 2025.

• Operating Loss: $1.1 million, compared to a loss of $1 million in Q3 2024 and $700,000 in Q2 2025.

• Adjusted EBITDA: Loss of $540,000, versus a loss of $510,000 in Q3 2024 and $100,000 in Q2 2025.

• Diluted Loss Per Share: $0.15, consistent with Q3 2024 and compared with $0.10 loss in Q2 2025.

• Cash: $2 million as of September 30, down from $2.6 million at June 30 and $2.5 million at December 31, 2024.

• Inventory: $4.7 million as of September 30, compared to $5 million at year-end 2024.

Release Date: October 22, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

• Socket Mobile Inc (NASDAQ:SCKT) successfully delivered Capture SDK 2.0, supporting new Bluetooth Low Energy products and maintaining compatibility with existing devices.

• The company has made significant strides in the industrial scanning and handheld computing markets, receiving initial purchase orders from multiple Fortune 50 companies.

• Socket Mobile Inc (NASDAQ:SCKT) has reduced its Q3 expenses by 16% compared to Q3 2024, demonstrating effective cost control measures.

• The company is expanding its addressable market by entering the ruggedized scanning market, which is expected to diversify its business beyond retail.

• There is growing demand for real-time data capture at the edge, which aligns with Socket Mobile Inc (NASDAQ:SCKT)’s new product and technology investments.

• Revenue for Q3 2025 decreased by 20% year over year, indicating weaker sales performance.

• The company reported an operating loss of $1.1 million for the quarter, similar to the loss in Q3 2024.

• Gross margin declined to 47.7% from 49% in Q3 2024, primarily due to fixed overhead costs spread over a lower revenue base.

• Adjusted EBITDA for Q3 was a loss of $540,000, compared to a loss of $510,000 in Q3 2024.

• Cash reserves decreased to $2 million as of September 30, down from $2.6 million at June 30, reflecting cash outflows for operating activities and capital expenditures.

Q: Will Socket Mobile need to issue more convertible debt soon? A: Kevin Mills, President, Chief Executive Officer, Director: We currently have no plans to issue convertible debt. If we achieve EBITDA neutrality in Q4, we believe we have sufficient business to return to profitable operations.