Revenue: As of FY2026 Q1, the actual value is USD 3.7 M.EPS: As of FY2026 Q1, the actual value is USD -0.11.EBIT: As of FY2026 Q1, the actual value is USD -618.98 K.<h3>Segment Revenue (Three Months Ended March 31)</h3><ul><li>United States: Revenue was $2,838,126 in 2026, down from $3,060,782 in 2025.</li><li>Europe: Revenue increased to $622,816 in 2026 from $546,078 in 2025.</li><li>Asia and rest of world: Revenue was $239,367 in 2026, a decrease from $359,060 in 2025.</li><li>Total Revenues: Total revenues for Socket Mobile, Inc. were $3,700,309 in 2026, representing a 7% decline from $3,965,920 in 2025.</li></ul><h3>Operational Metrics (Three Months Ended March 31)</h3><ul><li>Gross Profit Margin: The gross profit margin was 51.3% in 2026, an increase from 50.4% in 2025.</li><li>Operating Expenses:<ul><li>Research and Development: Expenses decreased by 4% to $1,090,000 in 2026 from $1,132,000 in 2025.</li><li>Sales and Marketing: Expenses decreased by 19% to $902,000 in 2026 from $1,106,000 in 2025, primarily due to reduced headcount.</li><li>General and Administrative: Expenses increased by 2% to $665,000 in 2026 from $653,000 in 2025.</li></ul></li><li>Operating Loss: The operating loss was - $759,667 in 2026, an improvement from - $893,673 in 2025.</li><li>Interest Expense, Net: Net interest expense was - $140,000 in 2026, compared to - $100,000 in 2025.</li><li>Net Loss: The net loss for Socket Mobile, Inc. was - $899,576 in 2026, an improvement from - $994,140 in 2025.</li></ul><h3>Cash Flow (Three Months Ended March 31)</h3><ul><li>Net Cash Used in Operating Activities: Socket Mobile, Inc. used - $768,856 in operating activities in 2026, an increase from - $732,970 in 2025.</li><li>Net Cash Used in Investing Activities: Cash used in investing activities was - $53,332 in 2026, slightly up from - $52,304 in 2025.</li><li>Net Cash Provided by Financing Activities: Socket Mobile, Inc. generated $500,000 from financing activities in 2026, consisting of proceeds from a subordinated convertible note, compared to $0 in 2025.</li></ul><h3>Unique Metrics (Three Months Ended March 31)</h3><ul><li>SocketCare Revenue: Revenue from SocketCare was approximately $4,100 in 2026, a slight decrease from approximately $4,300 in 2025.</li><li>Major Customer Revenue Concentration:<ul><li>BlueStar, Inc. accounted for 28% of total revenues in 2026, down from 31% in 2025.</li><li>Synnex Corporation’s contribution increased to 13% in 2026 from 10% in 2025.</li><li>Ingram Micro, Inc. represented 12% of total revenues in 2026, up from 11% in 2025.</li><li>Scansource, Inc. contributed 12% of total revenues in 2026, compared to less than 10% in 2025.</li></ul></li><li>Major Customer Accounts Receivable Concentration:<ul><li>As of March 31, 2026, BlueStar, Inc. represented 28% of accounts receivable balances, a decrease from 43% on December 31, 2025.</li><li>Ingram Micro Inc. accounted for 21% of accounts receivable balances on March 31, 2026, up from less than 10% on December 31, 2025.</li><li>ScanSource, Inc. maintained 19% of accounts receivable balances on both March 31, 2026, and December 31, 2025.</li><li>Synnex Corporation’s share increased to 11% on March 31, 2026, from less than 10% on December 31, 2025.</li></ul></li><li>Supplier Concentration: The top two suppliers accounted for 51% of inventory purchases in Q1 2026 and 42% in Q1 2025. As of March 31, 2026, and December 31, 2025, 19% and 33%, respectively, of accounts payable balances were concentrated with the top two suppliers.</li><li>Contractual Obligations (as of March 31, 2026): Socket Mobile, Inc. had $2,835,000 in unconditional purchase obligations due in less than 1 year and total operating lease obligations of $2,343,000, with $681,000 due in less than 1 year, $1,416,000 in 1 to 3 years, and $246,000 in 4 to 5 years. Total contractual obligations amounted to $5,178,000.</li></ul><h3>Future Outlook and Strategy</h3>Socket Mobile, Inc. is focused on providing cordless data capture devices and software development kits for mobile applications, targeting the growing mobile workforce and Bring Your Own Device (BYOD) market. The company continues to develop and market product families like XtremeScan, SocketCam, DuraScan, SocketScan, and DuraSled, emphasizing durability, performance, and seamless integration. Management anticipates growing demand for its products driven by advances in mobile applications and the mobile workforce, alongside technological improvements and cost reductions in mobile devices.

Socket Mobile | 10-Q: FY2026 Q1 Revenue: USD 3.7 M