Socket Mobile, Inc. (SCKT) financial statements (2021 and earlier)

Company profile

Business Address 39700 EUREKA DRIVE
NEWARK, CA 94560-4808
State of Incorp. DE
Fiscal Year End December 31
SIC 3571 - Electronic Computers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2113111
Cash and cash equivalents2113111
Inventory, net of allowances, customer advances and progress billings3322211
Inventory3322211
Prepaid expense00000  
Advances on inventory purchases00000  
Other undisclosed current assets2333322
Total current assets:8869654
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment1111100
Intangible assets, net (including goodwill) 444444
Goodwill 444444
Deferred income tax assets6 
Other noncurrent assets0000   
Other undisclosed noncurrent assets 6661000
Total noncurrent assets:71211111555
TOTAL ASSETS:1519172021108
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities0111111
Employee-related liabilities0111111
Interest and dividends payable    00 
Deferred revenue01
Debt022 112
Due to related parties1      
Deferred revenue and credits0110
Customer advances and deposits  1 
Other undisclosed current liabilities2221124
Total current liabilities:4542456
Noncurrent Liabilities
Long-term debt and lease obligation, including:0100000
Long-term debt, excluding current maturities  0  00
Operating lease, liability01
Other undisclosed long-term debt and lease obligation  (0)00(0)(0)
Liabilities, other than long-term debt00 0000
Deferred revenue and credits0000
Deferred revenue00
Deferred compensation liability, classified     00
Other undisclosed noncurrent liabilities  10011
Total noncurrent liabilities:0110011
Total liabilities:4653467
Stockholders' equity
Stockholders' equity attributable to parent111312171631
Common stock0000000
Additional paid in capital62616165636262
Accumulated deficit(51)(48)(48)(48)(47)(59)(61)
Total stockholders' equity:111312171631
TOTAL LIABILITIES AND EQUITY:1519172021108

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues16191621211817
Cost of revenue(7)(9)(8)(10)(10)(9)(10)
Gross profit:8108111097
Operating expenses(13)(9)(9)(9)(8)(7)(6)
Operating income (loss):(4)1(1)2321
Interest and debt expense1(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations before income taxes:(3)1(1)2221
Income tax expense (benefit)00(0)(4)10(0)(0)
Net income (loss):(3)1(1)(1)1221
Other undisclosed net income (loss) attributable to parent(0)(0)0(0) (0)(0)
Net income (loss) attributable to parent:(3)0(1)(1)1220
Undistributed earnings (loss) allocated to participating securities, basic(0)   
Net income (loss) available to common stockholders, basic:(3)0(1)(1)1220
Dilutive securities, effect on basic earnings per share     0 
Other undisclosed net income available to common stockholders, diluted0   0  
Net income (loss) available to common stockholders, diluted:(3)0(1)(1)1220

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(3)1(1)(1)1221
Comprehensive income (loss), net of tax, attributable to parent:(3)1(1)(1)1221

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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