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Socket Mobile SCKT · USD

Information Technology · US listing · 🇺🇸 United States

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0.27

-2.02%

Close of 9 Nov 2026, in USD

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About Socket Mobile

From its filings with the US Securities and Exchange Commission

SEC filings

Socket Mobile is based in Fremont, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker SCKT. The SEC classifies its business as electronic computers. In the fiscal year to 31 December 2025, it reported revenue of $15.1m and a net loss of $14.4m. At that date it held total assets of $14.4m and shareholders' equity of $4.3m.

In its own words

Our principal executive offices are located at 40675 Encyclopedia Circle, Fremont, CA 94538, and our phone number is (510) 933-3000.

DuraScan data readers offer exceptional durability, making them ideal for industries such as warehousing, manufacturing, and distribution.

MAUI, React Native, Java, JavaScript, and Flutter, facilitating seamless integration of our data capture solutions into diverse applications.

We expect these markets to increase the use of mobile applications and the demand for barcode scanners.

Quoted from its 10-K, filed 30 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Technology Hardware, Storage & Peripherals
Listed since
7 Jun 1995
Employees
53
Head office
40675 ENCYCLOPEDIA CIRCLE, FREMONT, CA, 94538-2475
Incorporated in
DE
Classification
Electronic Computers
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Dr. Charlie BassIndependent Chairman of the Board, since 1992$171,915
  • Mr. Kevin MillsPresident, Chief Executive Officer, Director, since 1993$475,746
  • Ms. Lynn ZhaoChief Financial Officer, Vice President - Finance and Administration, Secretary, Management Director, since 2019$314,306
  • Mr. Leonard OttExecutive Vice President, Chief Information Officer$329,706
  • Mr. Eric GlaenzerChief Technology Officer, Vice President$240,391
  • Mr. David HolmesChief Business Officer$392,056
  • Mr. Ivan LazarevIndependent Director$55,819
  • Mr. William ParnellIndependent Director$90,277

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Socket Mobile Inc. has a strong track record of innovation, consistently introducing cutting-edge mobile scanning technologies.
  • The company has established a solid reputation in the industry, known for its high-quality and reliable products.
  • Socket Mobile Inc. possesses a diverse portfolio of products, catering to various industries and customization requirements.

Weaknesses

  • The company heavily relies on its relatively small customer base, making it vulnerable to potential fluctuations or losses from key clients.
  • Socket Mobile Inc. faces intense competition from larger and more established players in the mobile scanning solutions market.
  • Limited brand awareness, particularly among smaller businesses and consumers, could impede the company's growth potential.

Opportunities

  • The increasing adoption of mobile scanning technologies across various sectors provides an opportunity for Socket Mobile Inc. to expand its market reach.
  • The company can leverage its expertise to develop customized solutions for specific industries, such as healthcare, logistics, and retail.
  • Strategic partnerships and collaborations with technology giants or software providers can help Socket Mobile Inc. enhance its product offerings and reach a wider customer base.

Threats

  • Economic downturns or financial instability may lead to reduced customer spending and demand for Socket Mobile Inc.'s products.
  • Constant advancements in competing technologies pose a threat to the company's market position and could render its existing products obsolete.
  • New entrants in the mobile scanning solutions market with aggressive pricing or disruptive innovations could challenge Socket Mobile Inc.'s market share.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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