Company: SONM
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022821
Chunk: 1

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 1
---
 H100 4G mobile hotspot
    available through Telia Finland and distribution partners in Europe;

    ●
    XP100 4G and XP400 5G professional
    rugged phones available through Deutsche Telekom in Germany and distribution partners in Europe and South Africa; 

    ●
    XP Pro 5G rugged smartphone
    available through Verizon and Verizon Frontline Verified, AT&T and FirstNet Ready, and T-Mobile and certified for T-Priority
    in the United States, Bell, Telus, Rogers, and SaskTel in Canada, and through select distributors in Europe the Middle East, and
    Africa;

    ●
    XP Pro Thermal 5G rugged
    smartphone available in Europe, the Middle East, and Africa through select distributors; and

    ●
    XP3plus 5G rugged flip
    phone available through T-Mobile and certified for T-Priority.

    5

Additionally,
the XP10 is available through the Company’s distribution partners in EMEA and Australia. Most of these products are supported by
the SonimWare™ platform and enterprise services. In the first half of 2025, all of the Company’s new products that launched
with tier-one carriers in the United States included a certification associated with carrier first responder initiatives, including FirstNet
Ready, FirstNet Trusted, Verizon Frontline Certified, and T-Mobile certified for T-Priority. In the first half of 2025 the Company also
announced the upcoming launch and availability of the XP Pro Thermal 5G smartphone for Europe which includes an SDK-enabled Sonim IRIS
software for custom application development and an integrated thermal camera by FLIR® that benefits a number of vertical trades such
as electricians, plumbers, public safety, construction, agriculture, amongst others.

A
significant revenue driver in the first quarter of 2024 was a range of low-priced products developed under Sonim’s original design
manufacturer (“ODM”) model, emphasizing high-volume and low-margin production tailored to a specific customer’s needs.
These sales concluded in the first quarter of 2024 due to its life cycle end. The ODM model does not represent the Company’s core
business strategy.

Proposed
Transaction with Social Mobile and Announced Strategic Initiatives

As
further described in Note 11, Subsequent Events, below, on July 17, 2025, the Company entered into an asset purchase agreement (the “Asset
Purchase Agreement”) by and among the Company,