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SONIM TECHNOLOGIES INC

CIK: 11786972 Annual ReportsLatest: 2025-04-29

10-K / April 29, 2025

Revenue:$50,919,000
Income:-$33,648,000

10-K / April 26, 2024

Revenue:$93,632,000
Income:-$90,000

10-K / April 29, 2025

Summary of Sonim Technologies, Inc.

Business Focus:
Sonim Technologies, Inc. is a provider of rugged mobile devices and related solutions designed for enterprise and public safety markets. The company specializes in manufacturing durable, high-performance smartphones and feature phones that are tailored for use in demanding environments such as public safety, industrial, construction, and other enterprise sectors.

Key Business Attributes:

  • Product Focus: Rugged mobile devices (smartphones and feature phones) capable of withstanding harsh conditions such as extreme temperatures, water, dust, and impact.
  • Market Segments: Primarily targets public safety, industrial, and enterprise customers who require reliable communication tools in challenging environments.

Customer Base and Market Position:

  • The company’s products are utilized by government entities, emergency services, and industrial organizations needing resilient communication devices.
  • Specific customer numbers, including total users or clients, are not provided in the document.

Financials, Employees, and Operations:

  • Number of Employees: Not specified in the provided excerpt.
  • Revenue and Income: The company’s financial statements and detailed revenue or net income figures are not included in this excerpt; it focuses on corporate governance, executive compensation, and ownership details rather than financial performance data.

Additional Information:

  • The company is incorporated in Delaware and is publicly traded on Nasdaq under the symbol SONM.
  • As of April 21, 2025, there were 9,193,583 shares of common stock outstanding.
  • The company’s market valuation (as of June 28, 2024) was approximately $25.7 million, based on the closing share price.

Summary:
Sonim Technologies, Inc. designs and manufactures rugged communication devices tailored for demanding enterprise and public safety environments, with a focus on durability, reliability, and performance, although specific operational and financial metrics are not detailed in this document.