SOCKET MOBILE, INC. company info

CIK 944075
IRS Number 943155066
State of incorporation DE
Business address 39700 EUREKA DRIVE
None
NEWARK
CA
94560-4808
Mail address 39700 EUREKA DRIVE
None
NEWARK
CA
94560-4808

Short summary

SOCKET MOBILE, INC. is a California company, with head office located at 39700 Eureka Drive Newark, California 94560-4808. In 2018 the company owned a total of 19.29 million USD worth of assets, including 7.15 million USD worth of current assets. 2016 was the year when the company amassed the most assets.

SOCKET MOBILE, INC. Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Gross Profit 7.375.407.255.056.307.418.9310.4311.398.46
Research and development 2.932.462.782.712.272.332.322.893.473.64
Operating Expenses 15.709.128.528.066.436.486.817.878.979.04
Operating Income (Loss) -8.33-3.71-1.28-3.01-0.120.932.132.562.42-0.59
Interest expense 0.220.251.120.260.260.210.280.130.080.13
Income Tax Expense (Benefit) 0.020.030.030.030.030.03-9.72-1.120.14
Net income -7.89-3.98-2.42-3.30-0.620.431.8212.15-1.43-0.57

SOCKET MOBILE, INC. Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 0.761.991.020.610.660.700.831.052.131.301.02
Accounts Receivable, Net, Current 1.952.32
Inventories 1.201.771.030.730.620.882.232.212.40
Property, Plant and Equipment, Gross 3.443.492.972.983.063.152.953.153.24
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 3.113.072.682.752.852.712.462.402.56
Goodwill 4.434.434.434.434.434.434.434.434.43
Intangible Assets, Net (Excluding Goodwill) 0.180.120.06
Other Assets, Noncurrent 0.080.260.23
Total assets 8.979.109.168.628.219.5321.7917.5019.29
Current assets 3.934.044.283.843.494.588.176.307.15
Accounts payable 3.683.683.943.45
Total current liabilities 5.646.717.947.335.723.793.494.425.43
Deferred Revenue, Noncurrent 0.160.190.120.100.070.030.030.030.05
Total liabilities 6.027.198.418.276.594.693.835.156.50
Common Stock, Value, Issued 0.000.000.000.000.010.010.010.010.01
Retained Earnings (Accumulated Deficit) -56.10-58.83-60.38-61.10-60.36-57.81-45.35-47.92-47.99

SOCKET MOBILE, INC. Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income -7.89-3.98-2.42-3.30-0.620.431.8212.15-1.43-0.57
Depreciation and amortization 0.310.43
Depreciation 0.500.460.340.260.220.220.200.280.310.40
Amortization of Intangible Assets 0.080.060.060.060.060.03
Deferred Income Tax Expense (Benefit) -0.210.020.030.030.030.030.03-9.763.72-0.14
Accounts receivable 1.680.85-1.981.280.08-0.47-0.46-0.510.180.32
Inventories 1.890.350.240.52-0.160.15-0.37-0.21-0.66-0.07
Accounts payable -0.610.870.090.41-0.19-0.52-0.79-0.63-0.090.42
Deferred revenue 0.15-0.07-0.11-0.05-0.10-0.05-0.09-0.05-0.010.00
Net Cash Provided by (Used in) Operating Activities 0.15-0.64-1.19-0.91-0.090.051.350.882.380.75
Payments to Acquire Property, Plant, and Equipment -0.29-0.14-0.18-0.230.160.170.390.300.410.42
Net Cash Provided by (Used in) Investing Activities -0.160.140.180.230.16-0.17-0.39-0.30-0.62-0.42
Payments for Repurchase of Common Stock 5.02
Net Cash Provided by (Used in) Financing Activities 0.87-0.701.860.580.470.14-0.66-0.190.30-2.62
Cash and Cash Equivalents, Period Increase (Decrease) 1.18-1.480.50-0.570.220.030.310.382.06-2.29