Company: SONM
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001493152-25-020310
Chunk: 43

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 8
Chunk 43
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 experienced higher revenues following the release of
new products and start of sales with additional carriers and distributors.

The
following tables present key components of our results of operations (dollars in thousands):

    Three Months Ended September 30,  
    Nine Months Ended September 30, 

    2025  
    2024  
    Increase (Decrease)  
    %  
    2025  
    2024  
    Increase (Decrease)  
    % 
  
    Net revenues 
    $16,214  
    $15,022  
    $1,192  
     8% 
    $44,125  
    $35,656  
    $8,469  
     24%
  
    Related party net revenues 
     —  
     —  
     —  
     N/A  
     —  
     7,658  
     (7,658) 
     (100)%
  
    Total net revenues 
     16,214  
     15,022  
     1,192  
     8% 
     44,125  
     43,314  
     811  
     2%
  
    Cost of revenues 
     14,398  
     10,790  
     3,608  
     33% 
     33,108  
     33,211  
     (103) 
     —%
  
    Gross profit 
     1,816  
     4,232  
     (2,416) 
     (57)% 
     11,017  
     10,103  
     914  
     9%
  
    Operating expenses 

    Research and development 
     181  
     715  
     (534) 
     (75)% 
     2,723  
     1,728  
     995  
     58%
  
    Sales and marketing 
     2,452  
     3,045  
     (593) 
     (19)% 
     9,136  
     8,756  
     380  
     4%
  
    General and administrative 
     3,163  
     2,848