SOCKET MOBILE, INC.: 10-Q filed 2021-08-13

Name: SOCKET MOBILE, INC.: 10-Q filed 2021-08-13
Creator: SOCKET MOBILE, INC.

What SOCKET MOBILE, INC. reported in its quarterly report filed 2021-08-13 (fiscal Q2 2021): 44 published measures, 128 facts as tagged in accession 0000944075-21-000068.

This filing

Form: 10-Q (quarterly report)
Filed: 2021-08-13
Fiscal period: fiscal Q2 2021
Accession: 0000944075-21-000068 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SOCKET MOBILE, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2021-06-30	23,021,061	USD
At 2020-12-31	15,058,488	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2021-06-30	5,653,500	USD
At 2020-12-31	4,436,227	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2021-06-30	17,367,561	USD
At 2021-03-31	14,502,733	USD
At 2020-12-31	10,622,261	USD
At 2020-06-30	12,631,285	USD
At 2020-03-31	13,267,468	USD
At 2019-12-31	13,234,226	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2021-06-30	4,919,968	USD
At 2020-12-31	2,121,763	USD
At 2020-06-30	926,983	USD
At 2019-12-31	958,860	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	2,627,107	USD	91
2021-01-01 to 2021-06-30	2,830,009	USD	181
2021-01-01 to 2021-03-31	202,902	USD	90
2020-04-01 to 2020-06-30	-768,023	USD	91
2020-01-01 to 2020-06-30	-858,350	USD	182
2020-01-01 to 2020-03-31	-90,327	USD	91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	450,447	USD	181
2020-01-01 to 2020-06-30	244,371	USD	182

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	304,613	USD	181
2020-01-01 to 2020-06-30	256,183	USD	182

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	5,952,890	USD	91
2021-01-01 to 2021-06-30	10,765,869	USD	181
2020-04-01 to 2020-06-30	2,715,024	USD	91
2020-01-01 to 2020-06-30	6,935,710	USD	182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	2,652,371	USD	181
2020-01-01 to 2020-06-30	-20,065	USD	182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	-304,613	USD	181
2020-01-01 to 2020-06-30	-256,183	USD	182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2021-06-30	-48,287,355	USD
At 2020-12-31	-51,117,364	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	7,128,768	shares	91
2021-01-01 to 2021-06-30	6,808,339	shares	181
2020-04-01 to 2020-06-30	6,009,383	shares	91
2020-01-01 to 2020-06-30	6,011,695	shares	182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	8,907,352	shares	91
2021-01-01 to 2021-06-30	8,593,630	shares	181
2020-04-01 to 2020-06-30	6,009,383	shares	91
2020-01-01 to 2020-06-30	6,011,695	shares	182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	0.34	USD/shares	91
2021-01-01 to 2021-06-30	0.38	USD/shares	181
2020-04-01 to 2020-06-30	-0.13	USD/shares	91
2020-01-01 to 2020-06-30	-0.14	USD/shares	182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	0.27	USD/shares	91
2021-01-01 to 2021-06-30	0.31	USD/shares	181
2020-04-01 to 2020-06-30	-0.13	USD/shares	91
2020-01-01 to 2020-06-30	-0.14	USD/shares	182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	-5,800	USD	91
2021-01-01 to 2021-06-30	-6,289	USD	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2021-06-30	855,214	USD
At 2020-12-31	847,663	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	172,008	USD	91
2021-01-01 to 2021-06-30	320,780	USD	181
2021-01-01 to 2021-03-31	148,772	USD	90
2020-04-01 to 2020-06-30	131,369	USD	91
2020-01-01 to 2020-06-30	263,434	USD	182
2020-01-01 to 2020-03-31	132,065	USD	91

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	814,335	USD	91
2021-01-01 to 2021-06-30	1,056,345	USD	181
2020-04-01 to 2020-06-30	-809,874	USD	91
2020-01-01 to 2020-06-30	-900,709	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2021-06-30	12,362,418	USD
At 2020-12-31	7,935,521	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	51,428	USD	91
2021-01-01 to 2021-06-30	100,129	USD	181
2020-04-01 to 2020-06-30	8,149	USD	91
2020-01-01 to 2020-06-30	27,641	USD	182

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2021-06-30	5,258,050	USD
At 2020-12-31	4,149,336	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2021-06-30	1,877,609	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	2,440,808	USD	91
2021-01-01 to 2021-06-30	4,772,841	USD	181
2020-04-01 to 2020-06-30	2,171,400	USD	91
2020-01-01 to 2020-06-30	4,485,950	USD	182

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2021-06-30	4,019,510	USD
At 2020-12-31	3,195,842	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	3,255,143	USD	91
2021-01-01 to 2021-06-30	5,829,186	USD	181
2020-04-01 to 2020-06-30	1,361,526	USD	91
2020-01-01 to 2020-06-30	3,585,241	USD	182

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	2,697,747	USD	91
2021-01-01 to 2021-06-30	4,936,683	USD	181
2020-04-01 to 2020-06-30	1,353,498	USD	91
2020-01-01 to 2020-06-30	3,350,469	USD	182

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	972,292	USD	91
2021-01-01 to 2021-06-30	1,903,326	USD	181
2020-04-01 to 2020-06-30	859,510	USD	91
2020-01-01 to 2020-06-30	1,740,148	USD	182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2021-06-30	7,139,084	shares
At 2020-12-31	6,102,630	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2021-06-30	65,647,777	USD
At 2020-12-31	61,733,522	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2021-06-30	413,810	USD
At 2020-12-31	609,331	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2021-06-30	508,328	USD
At 2020-12-31	741,351	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2021-06-30	3,993,289	USD
At 2020-12-31	3,698,298	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2021-06-30	3,138,075	USD
At 2020-12-31	2,850,635	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2021-06-30	1,877,609	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2021-06-30	135,076	USD
At 2020-12-31	159,039	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2021-06-30	775,392	USD
At 2020-12-31	335,386	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	2,400,477	USD	91
2021-01-01 to 2021-06-30	2,586,804	USD	181
2020-04-01 to 2020-06-30	-722,133	USD	91
2020-01-01 to 2020-06-30	-818,088	USD	182

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	734,490	USD	91
2021-01-01 to 2021-06-30	1,475,027	USD	181
2020-04-01 to 2020-06-30	589,730	USD	91
2020-01-01 to 2020-06-30	1,255,846	USD	182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	90,933	USD	181
2020-01-01 to 2020-06-30	30,640	USD	182

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2021-04-01 to 2021-06-30	126,516	USD	91
2021-01-01 to 2021-06-30	253,032	USD	181
2020-04-01 to 2020-06-30	117,268	USD	91
2020-01-01 to 2020-06-30	234,537	USD	182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	355,767	USD	181
2020-01-01 to 2020-06-30	-1,066,894	USD	182

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	823,668	USD	181
2020-01-01 to 2020-06-30	74,801	USD	182

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	127,756	USD	181
2020-01-01 to 2020-06-30	-253,163	USD	182

Inspect the source

Entity: SOCKET MOBILE, INC. / CIK 0000944075
Captured: 2026-09-20T05:10:16.507Z
SEC response SHA-256: 312d9ed8e7c5d6c0be833dd9b3a779dfc840153f471a5979fbf4500cda1c5857

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000944075.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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