Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 331

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 331
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                                                                        |     |   |           (283,608 | ) |     |   |           (249,960 | ) |
| Total stockholders’ equity (deficit)                                                                                                                       |     |   |             (5,700 | ) |     |   |             22,368 |   |
| Total liabilities and stockholders’ equity (deficit)                                                                                                       |     | $ |             39,739 |   |     | $ |             56,043 |   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-24 |

<div align='center'>SONIM TECHNOLOGIES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

YEARS ENDED DECEMBER 31, 2024 and 2023

(IN THOUSANDS EXCEPT SHARE AND PER SHARE AMOUNTS)</div>

|                                                               |     |   |      2024 |   |     |   |      2023 |   |
|:--------------------------------------------------------------|:----|:--|----------:|:--|:----|:--|----------:|:--|
| Net revenues                                                  |     | $ |    50,919 |   |     | $ |    93,632 |   |
| Related party net revenues                                    |     |   |     7,379 |   |     |   |         — |   |
| Total net revenues                                            |     |   |    58,298 |   |     |   |    93,632 |   |
| Cost of revenues                                              |     |   |    48,378 |   |     |   |    74,308 |   |
| Gross profit                                                  |     |   |     9,920 |   |     |   |    19,324 |   |
| Operating expenses                                            |     |   |           |   |     |   |           |   |
| Research and development                                      |     |   |    14,235 |   |     |   |     1,772 |   |
| Sales and marketing                                           |     |   |    12,962 |   |     |   |     8,768 |   |
| General and administrative                                    |     |   |    12,384 |   |     |   |     8,271 |   |
| Impairment of contract fulfillment assets                     |     |   |     3