Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 351

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 351
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 fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs.

The following is a description of the valuation methodologies used for assets and liabilities measured at fair value. There have been no changes in the methodologies used for the years ended December 31, 2024 and 2023.

Money market funds are classified within level 1 of the fair value hierarchy because they are valued using quoted market prices.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

| F-36 |

The following tables sets forth by level, within the fair value hierarchy, the Company’s assets and liabilities at fair value:

Schedule of Fair Value Assets

|                      |     | Level 1           
 December 31, 2024 |     |     | Level 2 |   |     | Level 3 |   |     | Total |     |
|:---------------------|:----|:------------------|----:|:----|:--------|:--|:----|:--------|:--|:----|:------|----:|
|                      |     | Level 1           |     |     | Level 2 |   |     | Level 3 |   |     | Total |     |
| Assets:              |     |                   |     |     |         |   |     |         |   |     |       |     |
| Money market funds * |     | $                 | 103 |     | $       | — |     | $       | — |     | $     | 103 |

|                      |     | Level 1           
 December 31, 2023 |     |     | Level 2 |   |     | Level 3 |   |     | Total |     |
|:---------------------|:----|:------------------|----:|:----|:--------|:--|:----|:--------|:--|:----|:------|----:|
|                      |     | Level 1           |     |     | Level 2 |   |     | Level 3 |   |     | Total |     |
| Assets:              |     |                   |     |