Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 328

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 328
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16,214 |     |    $ | 15,022 |     |                 $ | 44,125 |     |    $ | 43,314 |

Long-lived assets, substantially comprised of contract fulfillment assets, located in the United States and Asia Pacific region were $9,756 and $162 as of September 30, 2025, respectively, and $7,384 and $187 as of December 31, 2024, respectively.

Inventory located in the United States and Asia Pacific region was $2,083 and $8,903 as of September 30, 2025, respectively, and $3,383 and $7,238 as of December 31, 2024, respectively.

Concentrations of Revenue Risk

Revenue from customers with concentration greater than 10% accounted for approximately the following percentage of net revenues:

Schedule of Concentrations of Risk

|                   |     |        Three 
 Months Ended 
    September 
          30, |    |   |     |      |    |   |     |         Nine 
 Months Ended 
    September 
          30, |    |   |     |      |    |   |
|                   |     |         2025 |    |   |     | 2024 |    |   |     |         2025 |    |   |     | 2024 |    |   |
| Customer          
 A                 |     |              | 31 | % |     |      | 37 | % |     |              | 45 | % |     |      | 40 | % |
| Customer          
 B                 |     |              | 20 | % |     |      | 16 | % |     |              | 16 | % |     |      | 12 | % |
| Customer          
 C (related party) |     |              | -* |   |     |      | -* |   |     |              | -* |   |     |      | 18 | % |
| Customer          
 D                 |     |              | -* |   |     |      | 11 | % |     |              | -* |   |     |      | -* |   |

| * | Customer                                             
 revenue did not exceed 10% in the respective period. |

NOTE 11 — Subsequent Event

On October 27, 2025, the Company effected a 1-for-18 reverse stock split of its issued and outstanding common stock. The Company’s