Company: SONM
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022821
Chunk: 78

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 78
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 and estimates used in the preparation of
our consolidated financial statements was provided in the Management’s Discussion and Analysis of Financial Condition and Results
of Operations section of our Annual Report on Form 10-K for the year ended December 31, 2024. There have been no changes to our critical
accounting policies and estimates described in the Annual Report on Form 10-K for the year ended December 31, 2024, that have had a material
impact on our condensed consolidated financial statements and related notes.

Segment
Information

We
have one business activity and operate in one reportable segment.

Item
3. Quantitative and Qualitative Disclosures About Market Risk

We
are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this
item.

Item
4. Controls and Procedures.

Evaluation
of Disclosure Controls and Procedures

Our
management, with the participation of our principal executive officer and principal financial officer, has evaluated the effectiveness
of our disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Exchange Act, prior to filing
this Quarterly Report on Form 10-Q. Based on this evaluation, our principal executive and principal financial officer concluded that,
as of the end of the period covered by this Quarterly Report on Form 10-Q, our disclosure controls and procedures were effective.

Limitations
on Effectiveness of Controls and Procedures

In
designing and evaluating disclosure controls and procedures, our management recognizes that any system of controls, however well designed
and operated, can provide only reasonable assurance, and not absolute assurance, that the desired control objectives of the system are
met. In addition, the design of any control system is based in part upon certain assumptions about the likelihood of future events. Because
of these and other inherent limitations of control systems, there can be no assurance that any design will succeed in achieving its stated
goals in all future circumstances. Accordingly, our disclosure controls and procedures are designed to provide reasonable, not absolute,
assurance that the objectives of our disclosure control system are met.

Changes
in Internal Control Over Financial Reporting

There
was no change in our internal control over financial reporting that occurred during the three months ended June 30, 2025, that has materially
affected, or is reasonably likely to materially affect, our internal control over financial reporting.

29

PART
II—OTHER INFORMATION

Item
1. Legal