Key Highlights

  • SCKT was trading up 17.14% at USD 0.539 on Friday, November 13, 2026, in market data; the prior close can be thin for micro caps, so the move is the figure of record only for the live session.
  • Last regular Nasdaq trading is expected at the close on November 18, 2026, with OTCID Quotation from about November 19 under the same SCKT ticker.
  • Third-quarter Revenue rose 9% to USD 3.39 million and the net loss narrowed to USD 789 thousand, or USD 0.09 a share, from USD 1.20 million a year earlier.
  • Cash was USD 1.40 million at September 30, 2026, against subordinated convertible notes of about USD 5.27 million and total Equity of USD 1.81 million.

Voluntary Move to OTCID Sets the Calendar

Socket Mobile (NASDAQ:SCKT) said on October 27, 2026 that its board approved moving the common stock from Nasdaq to the OTCID market and notified Nasdaq that day. A Form 25 was planned on or about November 9, with delisting about ten days later and the SCKT ticker unchanged. The board cited legal, accounting and listing costs, and said equity is below the Nasdaq minimum of USD 2.5 million, for which a compliance plan had been filed. It still intends to file 10-K, 10-Q and 8-K reports, and says operations and customers are unaffected. No company announcement explaining Friday's move was found, and the filing reviewed gives no reason for the timing of the shares' rise.

Smaller Losses on Thin Cash in the November 4 Results

Results released on November 4, 2026 showed revenue up 12% from the prior quarter, though nine-month revenue fell to USD 10.12 million from USD 11.12 million. The operating loss was USD 643 thousand for the quarter, and the nine-month net loss was USD 3.04 million, or USD 0.37 a share, against USD 2.98 million. Total liabilities were USD 9.95 million, including USD 425 thousand of related-party short-term borrowings. The company gave no numeric guidance and said it would continue cost management and pursue expansion of its data capture products. Third-quarter revenue of USD 3.39 million was up 9% from a year earlier.

Sub-USD 1 Trading Before an Exit Carries Specific Risks

At USD 0.539 the shares are low-priced, and the per-share loss implies roughly 8 to 9 million shares, or a Market Value near USD 4 to 5 million (calculated from rounded figures). A small number of trades can move the price, spreads can be wide and quoted moves can reverse. OTCID quotes can reach fewer investors than a Nasdaq listing, and some Brokers restrict such securities. The equity shortfall and USD 5.27 million of notes against USD 1.40 million of cash frame the Balance Sheet risk. Watch the November 18 close, the first OTCID quote and whether the company's filing cadence continues.

Where Things Stand

No announced cause explains the jump. The nearest facts are the planned Nasdaq exit and the November 4 results, and a move on a sub-USD 1 stock is not by itself news. Socket Mobile (NASDAQ:SCKT) is up 17.14% at USD 0.539 as its last Nasdaq sessions approach. Revenue growth and a narrower loss are offset by thin cash and convertible notes. Next markers are the close on November 18, OTCID quotation on or about November 19 and the next filing.