Socket Mobile, Inc. (SCKT) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1131111
Cash and cash equivalents1131111
Inventory, net of allowances, customer advances and progress billings3222111
Inventory3222111
Prepaid expense0000   
Advances on inventory purchases0000   
Other undisclosed current assets3333222
Total current assets:8696543
Noncurrent Assets
Operating lease, right-of-use asset1
Property, plant and equipment1111000
Intangible assets, net (including goodwill)4444444
Goodwill4444444
Intangible assets, net (excluding goodwill)      0
Other noncurrent assets000    
Other undisclosed noncurrent assets66610000
Total noncurrent assets:12111115555
TOTAL ASSETS:191720211088
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1111114
Accounts payable      3
Employee-related liabilities1111111
Interest and dividends payable   00  
Deferred revenue1
Debt22 1121
Deferred revenue and credits01100
Customer advances and deposits  1 
Other undisclosed current liabilities2211243
Total current liabilities:5424567
Noncurrent Liabilities
Long-term debt and lease obligation, including:1000000
Long-term debt, excluding current maturities 0  00 
Operating lease, liability1
Other undisclosed long-term debt and lease obligation (0)00(0)(0)0
Liabilities, other than long-term debt0 00000
Deferred revenue and credits00000
Deferred revenue0
Deferred compensation liability, classified    000
Other undisclosed noncurrent liabilities 100110
Total noncurrent liabilities:1100110
Total liabilities:6534678
Stockholders' equity
Stockholders' equity attributable to parent13121716310
Common stock0000000
Additional paid in capital61616563626261
Accumulated deficit(48)(48)(48)(47)(59)(61)(61)
Total stockholders' equity:13121716310
TOTAL LIABILITIES AND EQUITY:191720211088

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues19162121181716
Cost of revenue(9)(8)(10)(10)(9)(10)(9)
Gross profit:1081110976
Operating expenses(9)(9)(9)(8)(7)(6)(6)
Operating income (loss):1(1)2321(0)
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations before income taxes:1(1)2221(1)
Income tax expense (benefit)0(0)(4)10(0)(0)(0)
Net income (loss):1(1)(1)1221(1)
Other undisclosed net income (loss) attributable to parent(0)0(0) (0)(0) 
Net income (loss) available to common stockholders, basic:0(1)(1)1220(1)
Dilutive securities, effect on basic earnings per share    0  
Other undisclosed net income available to common stockholders, diluted   0   
Net income (loss) available to common stockholders, diluted:0(1)(1)1220(1)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):1(1)(1)1221(1)
Comprehensive income (loss), net of tax, attributable to parent:1(1)(1)1221(1)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: