Socket Mobile Inc. (NASDAQ: SCKT) reported full-year 2025 revenue of $15.1 million, representing a 19.6% decline from the prior year, with fourth-quarter revenue reaching $4.0 million, down 18% year-over-year. The decline reflects challenging market conditions, though the company maintained a gross margin of 49.7% throughout the period.
The company recorded a $10.7 million one-time deferred tax valuation allowance during 2025, resulting in a net loss per share of $1.81 for the full year. This non-cash charge reflects an adjustment to the company's tax asset position and does not impact operational cash flow.
Despite revenue pressures, Socket Mobile advanced its product roadmap by launching CaptureSDK 2.0 and expanding its hardware offerings. The company's focus on product development and maintaining operating margins suggests management's commitment to long-term market positioning amid near-term headwinds.