Company: SONM
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022821
Chunk: 21

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 21
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ification

Under
the terms of its agreements with wireless carriers and other partners, the Company has agreed to provide indemnification for intellectual
property infringement claims related to the Company’s products sold by them to their end customers. From time to time, the Company
receives notices from these wireless carriers and other partners of a claim for infringement of intellectual property rights potentially
related to their products. These infringement claims have been settled, dismissed, have not been further pursued by the customers, or
are pending further action by the Company.

NOTE
9 — Net Income (Loss) Per Share

The
following table sets forth the computation of the Company’s basic and diluted net loss per share. Share amounts for the periods
ended June 30, 2024, have been adjusted retrospectively for the Reverse Stock Split.

 Schedule of Computation of Basic and Diluted Net Loss Per Share

    2025  
    2024  
    2025  
    2024 

    Three Months Ended  
    Six Months Ended 

    June 30,  
    June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Numerator: 

    Net loss 
    $(7,475) 
    $(6,616) 
    $(7,017) 
    $(9,522)
  
    Denominator: 

    Weighted-average shares used in computing net loss per share, basic 
     9,510,601  
     4,685,352  
     7,685,323  
     4,561,741 
  
    Net loss per share, basic 
    $(0.79) 
    $(1.41) 
    $(0.91) 
    $(2.09)
  
    Weighted-average shares used in computing net loss per share, diluted 
     9,510,601  
     4,685,352  
     7,685,323  
     4,561,741 
  
    Net loss per share, diluted 
    $(0.79) 
    $(1.41) 
    $(0.91) 
    $(2.09)

    15

The
potentially dilutive common shares that were excluded from the calculation of diluted net loss per share because their effect would have
been antidilutive are as follows. Share amounts for the