Company: SONM
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022821
Chunk: 72

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 72
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     7,577  
     9,439  
     (1,862) 
     (20)% 
     15,288  
     15,030  
     258  
     2%
  
    Income (loss) from operations 
     (6,732) 
     (6,470) 
     (262) 
     4% 
     (6,087) 
     (9,159) 
     3,072  
     (34)%
  
    Interest expense, net 
     (389) 
     (17) 
     (372) 
     2,188% 
     (480) 
     (17) 
     (463) 
     2,724%
  
    Other expense, net 
     (215) 
     (92) 
     (123) 
     134% 
     (179) 
     (184) 
     5  
     (3)%
  
    Income (loss) before income taxes 
     (7,336) 
     (6,579) 
     (757) 
     12% 
     (6,746) 
     (9,360) 
     2,614  
     (28)%
  
    Income tax expense 
     (139) 
     (37) 
     (102) 
     276% 
     (271) 
     (162) 
     (109) 
     67%
  
    Net income (loss) 
    $(7,475) 
    $(6,616) 
    $(859) 
     13% 
    $(7,017) 
    $(9,522) 
    $2,505  
     (26)%

Total
Net Revenues

Total
net revenues for the three months ended June 30, 2025, decreased by $0.3 million compared to 2024. This decrease reflects the decrease
in sales of our legacy phones, partially offset by sales of replacement products that were launched after the second quarter of 2024.
During the second quarter of 2025, certification and testing delayed shipments of our new XP Pro smartphone that replaced our legacy
XP10 smartphone. We expect sales of our XP Pro to increase in the third quarter