Company: SONM
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009749
Chunk: 18

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 18
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 issuable shares is reflected in diluted net income per share by application
of the treasury stock method. The following table sets forth the computation of the Company’s basic and diluted net income (loss)
per share. Amounts for the three months ended March 31, 2024, have been adjusted retrospectively for the Reverse Stock Split.

 Schedule of Computation of Basic and Diluted Net Loss Per Share

    2025  
    2024 

    Three Months Ended 

    March 31, 

    2025  
    2024 
  
    Numerator: 

    Net income (loss) 
    $458  
    $(2,906)
  
    Denominator: 

    Weighted-average shares used in computing net income (loss) per share, basic 
     5,839,764  
     4,438,131 
  
    Net income (loss) per share, basic 
    $0.08  
    $(0.65)
  
    Weighted-average shares used in computing net income (loss) per share, diluted 
     5,868,429  
     4,438,131 
  
    Net income (loss) per share, diluted 
    $0.08  
    $(0.65)

    14

The
potentially dilutive common shares that were excluded from the calculation of diluted net income (loss) per share because their effect
would have been antidilutive are as follows. Share amounts as of March 31, 2024, have been adjusted retroactively for the Reverse Stock
Split.

Summary of Dilutive Common Shares were Excluded from Calculation of Diluted

    2025  
    2024 

    Three Months Ended 

    March 31, 

    2025  
    2024 
  
    Shares subject to options to purchase common stock 
     720,175  
     516,925 
  
    Unvested restricted stock units 
     —  
     68,073 
  
    Shares subject to warrants to purchase common stock 
     350,000  
     1 
  
    Total 
     1,070,175  
     584,999 

Additional
shares of the Company’s common stock were issued after March 31, 2025. See Note 11, Subsequent Events.

NOTE
10 — Entity Level Information

Segment