Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 334

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 334
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 restricted stock units |     |      |      48 |   |     |      |    419 |   |
| Proceeds from short-term borrowings                                                      |     |      |     591 |   |     |      |      — |   |
| Repayment of long-term debt                                                              |     |      |       — |   |     |      |   (147 | ) |
| Net cash provided by financing activities                                                |     |      |   4,646 |   |     |      |    272 |   |
| Net increase (decrease) in cash and cash equivalents                                     |     |      |  (4,054 | ) |     |      | (3,816 | ) |
| Cash and cash equivalents at beginning of the year                                       |     |      |   9,397 |   |     |      | 13,213 |   |
| Cash and cash equivalents at end of the year                                             |     | $    |   5,343 |   |     | $    |  9,397 |   |
| Supplemental disclosure of cash flow information:                                        |     |      |         |   |     |      |        |   |
| Cash paid for interest                                                                   |     | $    |      29 |   |     | $    |     15 |   |
| Cash paid for income taxes                                                               |     | $    |     134 |   |     | $    |     42 |   |
| Non-cash activities:                                                                     |     |      |         |   |     |      |        |   |
| Receivables transferred to satisfy payables (Note 5)                                     |     | $    |  11,308 |   |     | $    |      — |   |

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

| F-27 |

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(In Thousands, except Share and Per Share Amounts)</div>

NOTE 1—The Company and Its Significant Accounting Policies

Description of Business—Sonim Technologies, Inc. was incorporated in the state of Delaware on August 5, 1999, and is headquartered in San Diego, California. The Company offers a robust portfolio that includes rugged handsets, smartphones, wireless internet devices, software, services, and accessories. These products are engineered