Company: SONM
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009749
Chunk: 46

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 2
Chunk 46
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9,118  
    $7,603  
     83%
  
    Related party net revenues 
     —  
     7,658  
     (7,658) 
     (100)%
  
    Total net revenues 
     16,721  
     16,776  
     (55) 
     —%
  
    Cost of revenues 
     8,365  
     13,874  
     (5,509) 
     (40)%
  
    Gross profit 
     8,356  
     2,902  
     5,454  
     188%
  
    Operating expenses 

    Research and development 
     1,633  
     456  
     1,177  
     258%
  
    Sales and marketing 
     3,239  
     2,492  
     747  
     30%
  
    General and administrative 
     2,839  
     2,643  
     196  
     7%
  
    Total operating expenses 
     7,711  
     5,591  
     2,120  
     38%
  
    Income (loss) from operations 
     645  
     (2,689) 
     3,334  
     (124)%
  
    Interest expense, net 
     (91) 
     —  
     (91) 
     N/A 
  
    Other income (expense), net 
     36  
     (92) 
     128  
     (139)%
  
    Income (loss) before income taxes 
     590  
     (2,781) 
     3,371  
     (121)%
  
    Income tax expense 
     (132) 
     (125) 
     (7) 
     6%
  
    Net income (loss) 
    $458  
    $(2,906) 
    $3,364  
     (116)%

Total
Net Revenues

Total
net revenues for the three months ended March 31, 2025, decreased slightly by $0.1 million compared to 2024. The three months ended
March 31, 2025, included $5.