Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 361

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 361
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 | Weighted average grant date fair value per share |      |
|:---------------------------------|:----|:-----|--------:|:--|:----|:-------------------------------------------------|-----:|
| Outstanding at January 1, 2024   |     |      |  68,185 |   |     | $                                                | 7.76 |
| Granted                          |     |      |  64,178 |   |     |                                                  | 5.93 |
| Released                         |     |      | (57,621 | ) |     |                                                  | 7.96 |
| Forfeited                        |     |      |  (6,780 | ) |     |                                                  | 5.90 |
| Outstanding at December 31, 2024 |     |      |  67,962 |   |     | $                                                | 6.05 |

As of December 31, 2024, there was approximately $248 of unamortized stock-based compensation cost related to unvested RSUs, which is expected to be recognized over a weighted average period of 0.69 years.

| F-43 |

NOTE 9—Income Taxes

The following table presents the income (loss) before income taxes for domestic and foreign operations, and the components of the provision (benefit) for income taxes for the years ended December 31:

Schedule of Income Tax Expense Benefit

|                                   |     |   |    2024 |   |     |   | 2023 |   |
|:----------------------------------|:----|:--|--------:|:--|:----|:--|-----:|:--|
| Domestic loss                     |     | $ | (34,058 | ) |     | $ | (425 | ) |
| Foreign subsidiaries income       |     |   |     636 |   |     |   |  709 |   |
| Income (loss) before income taxes |     | $ | (33,422 | ) |     | $ |  284 |   |

| Current income tax expense:            |     | 2024 |     |   |     | 2023 |     |
|:---------------------------------------|:----|:-----|----:|:--|:----|:-----|----:|
| Federal                                |     | $    |   1 |   |     | $    |   2 |
| State                                  |     |      |  12