Socket Mobile, INC

Market Movers (8-K)

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NASDAQ
Socket Mobile, Inc. has updated its Amended and Restated Bylaws to revise notice provisions for special board meetings, effective immediately.
NASDAQ
Socket Mobile, Inc. announced the appointment of its President and CEO, David Holmes, to its Board of Directors, effective August 3, 2026.
NASDAQ
Socket Mobile reported second quarter 2026 results with revenue decreasing 25% year-over-year to $3.0 million, alongside an increased operating loss.
Worse than expected
NASDAQ
Socket Mobile, Inc. has updated its bylaws to reduce the authorized number of directors and modernize notice provisions for board meetings.
NASDAQ
Socket Mobile, Inc. has appointed Brent MacDonald, a former director, to its Board of Directors, effective July 13, 2026, to support its growth strategy.
NASDAQ
Socket Mobile has removed Kevin Mills as President and CEO, appointing David A. Holmes as his successor effective immediately.

Quarterly Earnings (10-Q)

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NASDAQ
Socket Mobile reported a 25% year-over-year revenue decrease for Q2 2026, with operating losses widening, alongside ongoing efforts to address Nasdaq listing requirements.
Worse than expected
Capital raise
NASDAQ
Socket Mobile's Q1 2026 report shows a 7% revenue decrease to $3.7 million, alongside a slight improvement in gross margin to 51.3% and a reduced net loss.
Capital raise
Worse than expected
NASDAQ
Socket Mobile, Inc. reported a 20% decline in third-quarter revenue and an increased net loss, driven by slower distributor bookings and cautious customer spending.
Worse than expected
Capital raise
Delay expected
NASDAQ
Socket Mobile reports a significant 20% revenue decline and widening net losses in Q2 2025, driven by soft customer demand and tariff concerns, despite ongoing cost-cutting measures and successful capital raises.
Worse than expected
Capital raise
NASDAQ
Socket Mobile's Q1 2025 revenue decreased by 20% compared to the same period last year, primarily due to weaker demand in both domestic and international markets.
Worse than expected
NASDAQ
Socket Mobile, Inc. announced a 21% increase in revenue for the third quarter of 2024, alongside improved gross profit margins.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Socket Mobile files an amendment to its 2024 annual report to include its clawback policy in compliance with Nasdaq listing rules.
NASDAQ
Socket Mobile's 2024 10-K filing reveals a 10% revenue increase to $18.8 million, fueled by growth in the retail POS sector, despite a net loss of $2.24 million.
Worse than expected
NASDAQ
Socket Mobile's 2023 annual report reveals a 20% decrease in revenue compared to 2022, alongside strategic investments in research and development.
Worse than expected
Capital raise

Insider Trading (Form 4)

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NASDAQ
Kevin J Mills, a Director of Socket Mobile, Inc., sold 1,946 shares of common stock on August 10, 2026 for $1.80 per share.
NASDAQ
Brenton Earl Macdonald, a Director of Socket Mobile, Inc., reported multiple transactions in common stock on August 6, 2026.
NASDAQ
Charlie Bass, a Director and 10% owner of Socket Mobile, Inc., received 1,600 shares of common stock on August 6, 2026.
NASDAQ
William L. Parnell Jr, a Director of Socket Mobile, Inc., received 2,000 shares of common stock on August 6, 2026.
NASDAQ
Charlie Bass, a Director and 10% owner of Socket Mobile, Inc., acquired 13,000 shares of common stock on June 12, 2026, as part of a grant to newly elected board members.
NASDAQ
William L. Parnell Jr., a Director at Socket Mobile, Inc., received a grant of 10,000 shares of common stock on June 12, 2026.

Proxy Statements (Def-14A)

NASDAQ
Socket Mobile, Inc. has announced its 2026 Annual Meeting of Stockholders, scheduled for June 3, 2026, to elect directors, approve executive compensation, and ratify auditor appointments.
Capital raise
NASDAQ
Socket Mobile announces its 2025 Annual Meeting of Stockholders to be held virtually on June 4, 2025, to elect directors, approve executive compensation, and ratify the appointment of independent auditors.
NASDAQ
Socket Mobile's proxy statement outlines proposals for the upcoming annual meeting, including director elections, executive compensation approval, an equity incentive plan amendment for a stock option exchange program, and auditor ratification.

Schedule 13D - Activist Investments

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NASDAQ
Enrico Kevin Mills has filed an amendment to his Schedule 13D, reporting a reduction in beneficial ownership of Socket Mobile, Inc. common stock to below 5% after selling a substantial number of shares.
Worse than expected
NASDAQ
Enrico Kevin Mills has requested repayment of convertible notes from Socket Mobile, Inc. and had his observer status at board meetings revoked.
NASDAQ
Socket Mobile's Chairman, Charlie Bass, increased his beneficial ownership to 43.6% through a new $400,000 convertible note and open market purchases.
Capital raise
NASDAQ
Kevin Mills, CEO of Socket Mobile, Inc., transferred a $500,000 convertible note to Charlie Bass, Chairman of the Board, for investment management purposes.
NASDAQ
Socket Mobile Chairman Charlie Bass increased his beneficial ownership to 41.3% by acquiring a $500,000 convertible note from Kevin Mills.
Capital raise
NASDAQ
Enrico Mills, General Manager of Applications at Socket Mobile, Inc., has increased his beneficial ownership in the company to 9.1% through the purchase of additional convertible subordinated secured promissory notes totaling $175,000.
Capital raise