Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 359

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 359
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         |     (790 | ) |     | $                               | 45.00 |     |                                             |      |     |                     |   |
| Outstanding at December 31, 2023                 |     |         |  514,674 |   |     | $                               |  9.28 |     |                                             |      |     |                     | - |
| Granted                                          |     |         |  259,000 |   |     | $                               |  5.76 |     |                                             |      |     |                     |   |
| Exercised                                        |     |         |        — |   |     | $                               |     — |     |                                             |      |     |                     |   |
| Forfeited and expired                            |     |         |  (18,180 | ) |     | $                               | 75.47 |     |                                             |      |     |                     |   |
| Outstanding at December 31, 2024                 |     |         |  755,494 |   |     | $                               |  6.48 |     |                                             | 8.41 |     | $                   | — |
| Vested and expected to vest at December 31, 2024 |     |         |  755,494 |   |     | $                               |  6.48 |     |                                             | 8.41 |     | $                   | — |
| Exercisable at December 31, 2024                 |     |         |  333,554 |   |     | $                               |  8.13 |     |                                             | 8.02 |     | $                   | — |

| * | The                                                                                                                              
 intrinsic value is calculated as the difference between the exercise price and the fair value of the common stock on the balance 
 sheet date.                                                                                                                      |

The total intrinsic value of stock options exercised
to purchase common stock during the year ended December 31, 2023 was approximately $196.

On December 26, 2023, an employee exercised 12,500 stock options, as adjusted for the Reverse Stock Split. The Company issued common stock related to the exercised stock options in January 2024.

As of December 31, 2024, there was approximately $1,583 of unamortized stock-based compensation cost related to unvested stock options, which is expected to be recognized over a weighted average period of 1.86 years