Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 330

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 330
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 included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matters

Critical audit matters are matters arising from the current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee and that (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

We have served as the Company’s auditor since 2013

| F-23 |

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

CONSOLIDATED BALANCE SHEETS

DECEMBER 31, 2024 and 2023

(IN THOUSANDS EXCEPT SHARE AND PER SHARE AMOUNTS)</div>

|                                                                                                                                                            |     |   | December 31,  2024 |   |     |   | December 31,  2023 |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|-------------------:|:--|:----|:--|-------------------:|:--|
| Assets                                                                                                                                                     |     |   |                    |   |     |   |                    |   |
| Cash and cash equivalents                                                                                                                                  |     | $ |              5,343 |   |     | $ |              9,397 |   |
| Accounts receivable, net                                                                                                                                   |     |   |              4,339 |   |     |   |             25,304 |   |
| Non-trade receivable                                                                                                                                       |     |   |              7,119 |   |     |   |                961 |   |
| Related party receivable                                                                                                                                   |     |   |                181 |   |     |   |                  — |   |
| Inventory                                                                                                                                                  |     |   |             10,621 |   |     |   |              6,517 |   |
| Prepaid expenses and other current assets                                                                                                                  |     |   |              4,562 |   |     |   |              1,608 |   |
| Total current assets                                                                                                                                       |     |   |             32,165 |   |     |   |             43,787 |   |
| Property and equipment, net                                                                                                                                |     |   |                227 |   |     |   |