Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 328

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 328
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 2024 |        |     |              2025 |        |     | 2024 |        |
|                        |     | Three Months Ended |        |     |      |        |     | Nine Months Ended |        |     |      |        |
|                        |     |      September 30, |        |     |      |        |     |     September 30, |        |     |      |        |
|                        |     |               2025 |        |     | 2024 |        |     |              2025 |        |     | 2024 |        |
| United States          |     |                  $ | 11,762 |     |    $ | 11,667 |     |                 $ | 34,215 |     |    $ | 27,999 |
| Asia Pacific           |     |                    |     10 |     |      |     98 |     |                   |    581 |     |      |  7,831 |
| Canada                 |     |                    |  2,618 |     |      |  3,180 |     |                   |  5,453 |     |      |  7,364 |
| Europe and Middle East |     |                    |  1,824 |     |      |     77 |     |                   |  3,876 |     |      |    120 |
| Total net revenues     |     |                  $ | 16,214 |     |    $ | 15,022 |     |                 $ | 44,125 |     |    $ | 43,314 |

Long-lived assets, substantially comprised of contract fulfillment assets, located in the United States and Asia Pacific region were $9,756 and $162 as of September 30, 2025, respectively, and $7,384 and $187 as of December 31, 2024, respectively.

Inventory located in the United States and Asia Pacific region was $2,083 and $8,903 as of September 30, 2025, respectively, and $3,383 and $7,238 as of December 31, 2024, respectively.

Concentrations of Revenue Risk

Revenue from customers with concentration greater than 10% accounted for approximately the following percentage of net revenues:

Schedule of Concentrations of Risk

|                   |     |        Three 
 Months Ended 
    September 
          30, |