Core Insights - Socket Mobile has launched the SocketScan S721, a next-generation handheld Bluetooth barcode scanner designed for high-performance scanning in point-of-sale environments, expected to replace the S720 model [1][4] Product Features - The S721 utilizes Bluetooth Low Energy (LE) technology for faster pairing, reliable connections, and reduced power consumption, while maintaining a compact and comfortable design [2] - It offers enhanced scanning performance across various barcode types and conditions, making it suitable for retail, inventory management, asset tracking, and mobile data capture applications [4] - The scanner includes a dedicated charging dock for convenient charging at retail counters and service desks [3] Compatibility and Integration - The SocketScan S721 is compatible with the latest versions of Socket Mobile's CaptureSDK, supporting applications like Square Point of Sale, Square Retail, and others [3][5] - The latest CaptureSDK allows for plug-and-play data capture across Socket Mobile's product lineup, providing flexibility for developers and users [5] Availability - The SocketScan S721 is available for preorder on the Socket Mobile website and will start shipping in late January 2026, with free worldwide shipping for orders placed before February 28, 2026 [5]

Core Insights - Socket Mobile, Inc. has launched the DuraScan Terminal line, which includes two portable scanning devices optimized for the Apple iPhone 16e, namely the DT841 and DT862, aimed at enhancing mobile data capture in various work environments [1][6] Product Features - The DuraScan Terminal lineup is designed for modern mobile workers, featuring ruggedized handheld housings that support 1D/2D barcode scanning, drop protection, unrestricted camera access, and full USB-C charging without removing the phone from the case [2] - The DuraScan DT841 offers standard-range scanning capabilities with a range of up to 20 inches, making it suitable for applications like delivery verification and inventory checks [3] - The DuraScan DT862 provides mid-range scanning capabilities of up to 14 feet, targeting mobile professionals in travel, hospitality, and field service [4] - Both models are equipped with rubberized protective housing, all-day battery performance, and ergonomic designs for continuous handheld use, ensuring enterprise-grade scanning reliability [5] Market Positioning - The launch of the DuraScan Terminal line reflects the company's commitment to innovation in mobile data capture, responding to customer demands for lighter and more portable tools without sacrificing performance [6] - The DuraScan models are compatible with Socket Mobile's CaptureSDK, which is supported by over a thousand business applications, allowing for seamless integration and high-performance scanning across various operations [7] Availability - The DuraScan DT841 and DT862 are currently available on the Socket Mobile website and through authorized distribution partners starting in late Q1 2026 [8]

Core Insights - Socket Mobile, Inc. has launched the XtremeScan v16e, an enhanced industrial barcode scanner optimized for the iPhone 16e, featuring improved ergonomics and expanded scanning capabilities [1][2][4] Product Features - The XtremeScan v16e models were developed based on extensive customer feedback from various industries, including warehousing and logistics, and feature a lighter design, higher-capacity battery, and optional pistol grip [2][4] - The design removes the integrated screen protector, allowing direct interaction with the iPhone 16e's touchscreen and full access to its camera system for capturing photos, videos, and barcode data [3][4] - The devices maintain IP67-rated protection against dust and water, support USB-C charging, and feature Bluetooth Low Energy connectivity for reliable pairing [4] Market Positioning - The XtremeScan product family includes a BYOD series for magnetic mounting of various mobile devices and is compatible with Socket Mobile's CaptureSDK, allowing integration with numerous business applications [5] - The XtremeScan v16e line is available for purchase on the Socket Mobile website and through global distribution partners starting in Q1 2026, with pricing varying by configuration [6]

Core Viewpoint - Socket Mobile, Inc. reported weaker revenue trends in Q2 2025, primarily due to a slower run rate and reduced distributor purchases amid tariff concerns, leading to a significant decline in bookings and gross shipments [3][6]. Financial Performance - Revenue for Q2 2025 was $4.04 million, a 20% decrease from $5.08 million in Q2 2024, but a 2% sequential increase from $4.0 million in Q1 2025 [6][9]. - Gross margin was 49.9%, down from 50.9% in the prior year's quarter and 50.4% in the preceding quarter [6][9]. - Operating expenses decreased to $2.7 million from $3.1 million in the prior year period and $2.9 million in the preceding quarter [6][9]. - The operating loss was $677,000, compared to a loss of $535,000 in Q2 2024 and a loss of $894,000 in Q1 2025 [6][9]. - The net loss for Q2 2025 was $792,000, compared to a net loss of $608,000 in Q2 2024 [6][9]. Cash Position - As of June 30, 2025, the cash balance was approximately $2.6 million, an increase from $1.7 million at March 31, 2025, attributed to $1.5 million raised through secured subordinated convertible note financing [6][10]. Product Development - The new XtremeScan products have received positive feedback from initial customers and are gaining broader interest, aimed at enhancing data capture for frontline workers using iOS devices [3][5]. Future Outlook - The company anticipates ongoing headwinds for the remainder of the year and has implemented cost-saving measures to navigate the challenging environment [3][6].

Core Viewpoint - Socket Mobile, Inc. is set to release its second quarter 2025 financial results on July 31, 2025, and will host a conference call to discuss these results [1] Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be announced at the close of the market on July 31, 2025 [1] - A conference call to discuss the financial results will take place at 5 p.m. Eastern Time (2 p.m. Pacific Time) on the same day [1] Group 2: Accessing the Conference Call - Investors can access the live conference call through a provided link or by dialing a toll-free number within the U.S. [2] Group 3: Company Overview - Socket Mobile is a leading provider of data capture and delivery solutions, focusing on enhancing productivity in workforce mobilization [3] - The company's revenue is primarily generated from third-party barcode-enabled mobile applications that integrate its cordless barcode scanners and contactless reader/writers [3] - Key markets for Socket Mobile include specialty retail, field service, digital ID, transportation, and manufacturing [3]

Financing Details - Socket Mobile, Inc. completed a secured subordinated convertible note financing of $1,500,000 to increase working capital [1] - The notes have a three-year term, maturing on May 30, 2028, with a 10% interest rate payable quarterly in cash [2] - The principal amount of each note is convertible into shares of the Company's common stock at a conversion price of $1.07 per share [2] Participants - Key participants in the financing include the Chairman, CEO, CFO, and other board members of the Company [3] Company Overview - Socket Mobile is a provider of data capture and delivery solutions, primarily serving markets such as specialty retail, field service, digital ID, transportation, and manufacturing [5] - The Company's revenue is driven by third-party barcode-enabled mobile applications that integrate its cordless barcode scanners and contactless readers/writers [5]

Core Viewpoint - Socket Mobile, Inc. reported a decline in revenue for Q1 2025, attributed to weaker demand both domestically and internationally compared to the same period last year. However, the company has begun shipping new XtremeScan products, marking a significant step into the industrial barcode market valued at $27 billion [3][4]. Financial Performance - Revenue for Q1 2025 was $3.966 million, a 20% decrease from $4.978 million in Q1 2024 and an 18% sequential decrease from $4.8 million in the previous quarter [7]. - Gross margin was 50.4%, slightly up from 50.3% in the prior year's quarter but down from 51% in the preceding quarter [7]. - Operating expenses totaled $2.892 million, down from $2.990 million in the prior year [7]. - The operating loss was $0.894 million, compared to a loss of $0.485 million in the prior year's quarter [7]. - Cash balances decreased to approximately $1.707 million from $2.492 million as of December 31, 2024 [7]. Product Development - The company launched the XtremeScan iXG and iXS Series, which are integrated with iOS 18.3 and designed to function as handheld computers with advanced barcode scanning capabilities [3]. - These new products aim to enhance data capture and operational efficiency for frontline workers [3]. Market Strategy - The company is actively monitoring the tariff landscape and its potential impact on supply chain and cost structure, indicating a commitment to strategic sourcing and pricing adjustments [4]. - Future strategies and product developments will be discussed in an upcoming conference call [4].

Company Overview - Socket Mobile, Inc. is a leading provider of data capture and delivery solutions aimed at enhancing productivity in workforce mobilization [3] - The company's revenue is primarily driven by the deployment of third-party barcode-enabled mobile applications that integrate its cordless barcode scanners and contactless reader/writers [3] - Key markets for Socket Mobile include specialty retail, field service, digital ID, transportation, and manufacturing [3] Upcoming Financial Results - Socket Mobile will release its first quarter 2025 financial results on April 24, 2025, at the close of the market [1] - A conference call to discuss these results will take place at 5 p.m. Eastern Time (2 p.m. Pacific Time) on the same day [1] Accessing the Conference Call - Investors can access the live conference call via a provided link or by dialing a toll-free number within the U.S. [2]