Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 368

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 368
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                     |    67,962 |     |      |  68,185 |
| Shares subject to warrants to purchase common stock |     |                     |   350,000 |     |      |       1 |
| Total                                               |     |                     | 1,173,456 |     |      | 582,860 |

NOTE 12 —Entity Level Information

Segment Information—The Company operates in one reporting segment.

The Company’s Chief Executive Officer is the Company’s chief operating decision maker (“CODM”). The Company’s CODM primarily uses consolidated net income (loss) to allocate resources and assess Company performance, primarily through periodic budgeting and Company performance reviews. The CODM utilizes discrete financial information at the consolidated level, including profit and loss statements, cash flow and revenue forecasts, inventory reports, and vendor payment plans.

The following table details the revenues, significant expenses and other segment items regularly provided to and reviewed by the CODM for the years ended December, 31:

Schedule of Revenue Significant Expenses and Other Segment Items

|                                                  |     |   |    2024 |   |     |   |   2023 |   |
|:-------------------------------------------------|:----|:--|--------:|:--|:----|:--|-------:|:--|
| Revenues                                         |     | $ |  58,298 |   |     | $ | 93,632 |   |
| Less:                                            |     |   |         |   |     |   |        |   |
| Cost of sales                                    |     |   |  38,364 |   |     |   | 69,121 |   |
| Amortization of contract fulfillment assets      |     |   |   3,486 |   |     |   |  2,159 |   |
| Other cost of sales                              |     |   |   6,528 |   |     |   |  3,028 |   |
| Research and development                         |     |   |  14,235 |   |     |   |  1,772 |   |
| Sales and marketing                              |     |   |  12,962 |   |     |   |  8,768 |   |
| General and administrative, excluding legal fees |     |   |  10,916 |   |     |   |  7,271 |   |
| Legal fees                                       |     |   |