The XtremeScan v16e industrial line is available now on the Socket Mobile website and through global distribution partners beginning in Q1 2026. Pricing varies by configuration. Media Contact: David Holmes [email protected] SOURCE Socket Mobile, Inc. "The new XtremeScan v16e line reflects our commitment to listening to our customers and evolving alongside their real-world needs," said Dave Holmes, Chief Business Officer at Socket Mobile. "Teams told us they needed better ergonomics, longer battery life, and ...

Core Insights - Socket Mobile, Inc. has launched the DuraScan D751, a durable NFC/RFID contactless reader and writer designed for mobile use across various industries [1][2]. Product Features - The D751 offers advanced NFC/RFID capabilities in a compact and rugged design, ensuring reliable data capture and tag writing in demanding environments [2][3]. - It supports MIFARE, FeliCa, and other high-frequency tag types, enabling applications such as identity verification, ticketing, secure access control, inventory updates, and asset tracking [3][4]. - The device is compatible with iOS, Android, and Windows devices via Bluetooth LE, allowing for contactless scanning and updates in various work settings [4]. Market Positioning - The D751 is positioned as a solution for mobile teams needing accurate, real-time information to enhance efficiency and decision-making [4]. - It is fully compatible with existing applications using Socket Mobile's CaptureSDK, allowing for immediate evaluation without additional work [5]. Availability and Pricing - The DuraScan D751 is available for purchase on the Socket Mobile website, with a manufacturer's suggested retail price (MSRP) of $349, and will be distributed through partners starting January 2026 [5].

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $4 million, a decrease of 20% compared to Q1 2024, which was $5 million [4][18] - Gross margin for Q1 2025 was 50.4%, slightly down from 51% in Q1 2024 [4][18] - Operating loss for Q1 2025 was $900,000, compared to a loss of $500,000 in Q1 2024 [4][18] - Adjusted EBITDA loss for Q1 2025 was $485,000, down from a positive EBITDA of $40,000 in Q1 2024 [18] - Diluted loss per share in Q1 2025 was $0.13, compared to $0.07 in Q1 2024 [18] Business Line Data and Key Metrics Changes - The industrial segment showed initial positive signs, with increased interest from various sectors including warehousing, logistics, and manufacturing [5][10] - The company launched the Xtreme iXG and iXS Series, entering the $27 billion mobile handheld computing market [12][14] Market Data and Key Metrics Changes - The company sources approximately 30% of materials from Mexico, 20% from Taiwan, and 10% from China, indicating a significant international supply chain [6][7] - Retail business is expected to remain stable until market conditions improve, while industrial business is anticipated to grow primarily in the U.S. [8][5] Company Strategy and Development Direction - The company aims to diversify its business beyond retail by expanding into the ruggedized scanning market [11][12] - Investments in customer and developer experience are expected to enhance partnerships and broaden the customer base [15] Management's Comments on Operating Environment and Future Outlook - Management noted that uncertainty in the market has hindered deployments and routine business, impacting revenue [5] - The company anticipates achieving positive EBITDA results for Q2 and profitable operating levels in the second half of the year [9] Other Important Information - The company ended Q1 2025 with a cash balance of $1.7 million and renewed a $3 million domestic bank credit line [19] Q&A Session Summary - There were no questions during the Q&A session [20]