Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 298

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 298
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|:-----------------------------------------------------------------------------------------|:----|:------------------|--------:|:--|:----|:-----|--------:|:--|
| Cash paid for interest                                                                   |     | $                 |     241 |   |     | $    |      17 |   |
| Cash paid for income taxes                                                               |     | $                 |     122 |   |     | $    |      12 |   |
| Non-cash activities:                                                                     |     |                   |         |   |     |      |         |   |
| Receivables transferred to satisfy payables (Note 3)                                     |     | $                 |       — |   |     | $    |  11,308 |   |
| Accrued bonus settled in equity                                                          |     | $                 |   1,215 |   |     | $    |       — |   |
| Promissory note payments settled in equity                                               |     | $                 |     375 |   |     | $    |       — |   |

<div align='center'>The accompanying notes are an integral part of these condensed consolidated financial statements .</div>

| F-5 |

<div align='center'>SONIM TECHNOLOGIES, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(In Thousands, except Share and Per Share Amounts)</div>

NOTE 1 — The Company and Its Significant Accounting Policies

Description of Business

Sonim Technologies, Inc. was incorporated in the state of Delaware on August 5, 1999, and is headquartered in San Diego, California. The Company offers a robust portfolio that includes rugged handsets, smartphones, wireless internet devices, software, services, and accessories. These products are engineered to deliver reliable communication in challenging and unpredictable environments, serving sectors such as critical communications, first responders, government, industrial, construction, hospitality, and logistics. The Company distributes its products primarily through major wireless carriers. The Company currently has products available at all three U.S. Tier-one carriers – AT&T, T-Mobile and Verizon as well as the three primary carriers in Canada – Bell, Telus and Rogers, Telstra in Australia, and multiple carriers throughout Europe. These carriers resell the Company’s products, along with network services, to end customers focusing on two primary end markets: industrial enterprise and the public sector.

The Company is executing a strategic expansion initiative, focusing on broadening its market