Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 367

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 367
---
 loss                                                                        |     |                   $ |   (33,648 | ) |     |    $ |       (90 | ) |
| Denominator:                                                                    |     |                     |           |   |     |      |           |   |
| Weighted-average shares used in computing net loss per share, basic and diluted |     |                     | 4,718,141 |   |     |      | 4,287,694 |   |
| Net loss per share, basic and diluted                                           |     |                   $ |     (7.13 | ) |     |    $ |     (0.02 | ) |

The potentially dilutive common shares that were excluded from the calculation of diluted net loss per share because their effect would have been antidilutive are as follows and have been adjusted retrospectively for the Reverse Stock Split:

Summary of Dilutive Common Shares were Excluded from Calculation of Diluted Net Loss Per Share

|                                                     |     |                2024 |           |     | 2023 |         |
|                                                     |     | For the Years Ended |           |     |      |         |
|                                                     |     |        December 31, |           |     |      |         |
|                                                     |     |                2024 |           |     | 2023 |         |
| Shares subject to options to purchase common stock  |     |                     |   755,494 |     |      | 514,674 |
| Unvested restricted stock units                     |     |                     |    67,962 |     |      |  68,185 |
| Shares subject to warrants to purchase common stock |     |                     |   350,000 |     |      |       1 |
| Total                                               |     |                     | 1,173,456 |     |      | 582,860 |

NOTE 12 —Entity Level Information

Segment Information—The Company operates in one reporting segment.

The Company’s Chief Executive Officer is the Company’s chief operating decision maker (“CODM”). The Company’s CODM primarily uses consolidated net income (loss) to allocate resources and assess Company performance, primarily through periodic budgeting and Company performance reviews. The CODM utilizes discrete financial information at the consolidated level, including profit and loss statements, cash flow and revenue forecasts, inventory reports, and vendor payment plans.

The following table details the revenues, significant expenses and other segment items regularly provided to and reviewed by the CODM for the years ended December, 31:

Schedule of Revenue