Socket Mobile, Inc. filed its quarterly report on Form 10-Q with the SEC on November 12, 2026, covering the three and nine months ended September 30, 2026, disclosing continued operating losses alongside a year-over-year improvement in quarterly net loss.

Key Highlights

  • Q3 2026 revenue: $3,387,463, up from $3,106,842 in Q3 2025, according to the filing.
  • Q3 2026 net loss: $(789,350), or $(0.09) per basic and diluted share, compared to a net loss of $(1,198,050), or $(0.15) per share, in Q3 2025.
  • Nine-month revenue: $10,121,105 for the nine months ended September 30, 2026, down from $11,114,501 in the same period of 2025.
  • Nine-month net loss: $(3,035,322) for the nine months ended September 30, 2026, compared to $(2,984,331) for the same period in 2025.
  • Total stockholders' equity: $1,812,160 at September 30, 2026, down from $4,278,613 at December 31, 2025.
  • Shares outstanding: 8,352,412 shares of common stock as of November 10, 2026, as reported in the filing.
  • Accumulated deficit: $(67,588,784) at September 30, 2026, per the condensed balance sheet.

Socket Mobile Reports Q3 2026 Financials: Revenue Growth, Reduced Quarterly Loss

Socket Mobile, Inc. (NASDAQ:SCKT), a Delaware-incorporated company headquartered in Fremont, California, reported quarterly revenue of $3,387,463 for the three months ended September 30, 2026, representing an increase from $3,106,842 in the same quarter of 2025, according to the filing. Gross profit for Q3 2026 was $1,647,737, up from $1,480,573 in Q3 2025. Total operating expenses declined to $2,291,256 from $2,538,560 in Q3 2025, driven by reductions in research and development and sales and marketing expenses, the filing shows.

The company reported an operating loss of $(643,519) for Q3 2026, compared to an operating loss of $(1,057,987) in Q3 2025. Net interest expense was $(145,831) for the quarter. For the nine months ended September 30, 2026, revenues of $10,121,105 were below the prior-year period's $11,114,501, and the nine-month operating loss of $(2,598,571) was slightly narrower than the $(2,629,015) recorded in the first nine months of 2025, the filing disclosed.

On the balance sheet, cash and cash equivalents stood at $1,402,677 at September 30, 2026, down from $2,032,468 at December 31, 2025. Current liabilities included subordinated convertible notes payable to a related party of $5,066,994 and short-term borrowings from a related party of $425,000. During Q3 2026, the filing noted a subordinated note conversion resulting in the issuance of 47,830 shares of common stock. Total assets were $11,758,465 at September 30, 2026, compared to $14,437,340 at December 31, 2025.

What Was Disclosed

Socket Mobile filed its Form 10-Q for the quarter ended September 30, 2026, reporting quarterly revenue of $3,387,463, a net loss of $(789,350), and total stockholders' equity of $1,812,160, with an accumulated deficit of $(67,588,784) as of the period end.