Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 329

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 329
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 |   |     |      |    |   |     |         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 common stock began trading on the Nasdaq Capital Market on a post-split basis on October 27, 2025. See Note 1, The Company and Its Significant Accounting Policies, under the title “Reverse Stock Split—2025 Reverse Stock Split” for additional details.

| F-22 |

Report of Independent Registered Public Accounting Firm

To the Shareholders and the Board of Directors

Sonim Technologies, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Sonim Technologies, Inc. (the Company) as of December 31, 2024 and 2023, the related consolidated statements of operations, stockholders’ equity (deficit), and cash flows for the years then ended, and the related notes (collectively referred to as the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of December 31, 2024 and 2023, and the consolidated