Company: SONM
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022821
Chunk: 22

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 22
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 periods ended June 30, 2024, have been adjusted retroactively for the Reverse
Stock Split.

Schedule of Dilutive Common Shares were Excluded from Calculation of Diluted

    2025  
    2024  
    2025  
    2024 

    Three Months Ended  
    Six Months Ended 

    June 30,  
    June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Shares subject to options to purchase common stock 
     675,779  
     730,649  
     675,779  
     730,649 
  
    Unvested restricted stock units 
     —  
     61,108  
     —  
     61,108 
  
    Shares subject to warrants to purchase common stock 
     900,000  
     350,001  
     900,000  
     350,001 
  
    Total 
     1,575,779  
     1,141,758  
     1,575,779  
     1,141,758 

Additional
warrants and shares of the Company’s common stock were issued subsequent to June 30, 2025. See Note 11, Subsequent Events.

NOTE
10 — Entity Level Information

Segment
Information

The
Company operates in one reporting segment.

The
Company’s Chief Executive Officer is the Company’s chief operating decision maker (“CODM”). The Company’s
CODM primarily uses consolidated net income (loss) to allocate resources and assess Company performance, primarily through periodic budgeting
and Company performance reviews. The CODM utilizes discrete financial information at the consolidated level, including profit and loss
statements, cash flow and revenue forecasts, inventory reports, and vendor payment plans.

The
following table details the revenues, significant expenses and other segment items regularly provided to and reviewed by the CODM: 
 Schedule of Revenue Significant Expenses and Other Segment Items

    2025  
    2024  
    2025  
    2024 

    Three Months Ended  
    Six Months Ended 

    June 30,  
    June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Revenues