US Market News
2週前
Socket Mobile Announces Appointment of David A. Holmes as President and Chief Executive OfficerJune 19, 2026 11:00 AM
PR Newswire (US) FREMONT, Calif., June 19, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions for enhanced workplace productivity, today announced that, on June 12, 2026, David A. Holmes was appointed as President and Chief Executive Officer, effective immediately. Mr. Holmes succeeds Kevin Mills, who served as the Company's CEO from March 2000 until June 12, 2026. Mr. Holmes joined Socket Mobile in May 2021 as Chief Business Officer and has been responsible for the Company's worldwide business development and marketing activities. He brings more than 20 years of experience in the Near-Field Communications (NFC) and mobile payments industry. Prior to joining Socket Mobile, Mr. Holmes held leadership positions with NXP and Identive Group. Most recently, he served in UL Solutions' Cybersecurity division, where he was responsible for Global Strategic Accounts and North America Sales."Dave has played an important role in the Company's business development efforts and strategic initiatives over the past five years," said Charlie Bass, Chairman of the Board of Directors. "The Board believes Dave's industry experience, customer relationships, and leadership capabilities make him well positioned to lead Socket Mobile as we continue to focus on growth, operational execution, and creating value for our stockholders."Mr. Holmes commented, "I am honored to serve as President and Chief Executive Officer of Socket Mobile. I look forward to working with our employees, customers, partners, and Board members to build on the Company's strengths, pursue new opportunities, and deliver innovative solutions to our customers."About Socket Mobile, Inc.
Socket Mobile is a leading provider of data capture and delivery solutions for enhanced productivity in workforce mobilization. Socket Mobile's revenue is primarily driven by the deployment of third-party barcode-enabled mobile applications that integrate Socket Mobile's cordless barcode scanners and contactless readers/writers. Mobile Applications servicing the specialty retailer, field service, digital ID, transportation, and manufacturing markets are the primary revenue drivers. Socket Mobile has a network of thousands of developers who use its software developer tools to add sophisticated data capture to their mobile applications. Socket Mobile is headquartered in Fremont, Calif., and can be reached at +1-510-933-3000 or www.socketmobile.com (AU, EMEA, UK). Follow Socket Mobile on LinkedIn, X, and keep up with our latest News and Updates (AU,EMEA,UK).Socket Mobile Investor Contact:
Lynn Zhao
Chief Financial Officer
510-933-3016
lynn@socketmobile.comMedia Contact: David Holmes, David.holmes@socketmobile.com Socket is a registered trademark of Socket Mobile. All other trademarks and trade names contained herein may be those of their respective owners.© 2026, Socket Mobile, Inc. All rights reserved. View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-announces-appointment-of-david-a-holmes-as-president-and-chief-executive-officer-302805206.htmlSOURCE Socket Mobile, Inc. Original: Socket Mobile Announces Appointment of David A. Holmes as President and Chief Executive Officer
US Market News
3週前
Socket Mobile Introduces an Always-Ready Cordless Scanning Solution for ShopifyJune 9, 2026 8:35 AM
PR Newswire (US) S721 Bluetooth LE Scanner and Magic Dock deliver fast, reliable cordless
scanning for shared retail workstationsFREMONT, Calif., June 9, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions, today announced a new cordless scanning solution for Shopify POS Hub that combines the Socket Mobile S721 barcode scanner with the new Magic Dock charging and connectivity station. Designed for retail checkout counters, healthcare stations, hospitality front desks, and warehouse receiving environments, the solution delivers a simple, always-ready scanning experience while maintaining the flexibility and mobility benefits of cordless barcode scanning.Socket Mobile developed the S721 and Magic Dock in response to customer feedback from retailers seeking a more consistent cordless scanning experience in shared workstation environments. In many workplaces, scanners are frequently moved between employees, misplaced between shifts, or left uncharged when they are needed most. Staff can lose valuable time searching for an available scanner, waiting for a device to charge, or reconnecting equipment before work can begin. The S721 and Magic Dock were designed to help provide a more consistent cordless scanning experience regardless of usage patterns, while preserving the convenience and flexibility of cordless scanning."We've been listening to our customers," said Dave Holmes, Chief Business Officer at Socket Mobile. "Retailers want cordless scanning to feel simple, stable, and always ready at the checkout counter. Whether scanners are being used continuously throughout the day or after periods of inactivity, staff expect them to be ready the moment they pick them up. The combination of the S721 and Magic Dock addresses that need. The scanner stays responsive throughout the day, while Magic Dock gives each workstation a permanent, charged home for the scanner. Together, they create an always-ready scanning experience that is easy to deploy and simple for staff to use."The S721 combines fast, responsive connectivity with professional-grade barcode scanning performance. Paired with Magic Dock, it creates a dedicated workstation scanning solution where scanners remain charged, connected, and ready for use throughout the workday. A simple scan-to-connect process pairs the scanner to the dock, allowing employees to quickly begin scanning without repeated setup or pairing steps.Magic Dock is designed to work with Shopify, Square, Lightspeed, Loyverse, and other point-of-sale applications, helping retailers standardize cordless scanning across fixed checkout environments while maintaining the convenience of cordless barcode scanners. Any staff member can pick up the scanner and begin scanning with minimal setup or interruption, making the solution well suited for shared retail environments and multi-shift operations.For merchants operating pop-up locations, mobile point-of-sale environments, or temporary workstations, the S721 can also be used independently without the dock, connecting directly to compatible devices through Bluetooth LE. This allows businesses to deploy the same scanner across both fixed and mobile workflows. The solution supports both standard keyboard-style input for immediate compatibility and enhanced data capture for applications built with Socket Mobile's CaptureSDK 2.1.Deployment Confidence ProgramTo support businesses transitioning to new cordless scanning deployments, Socket Mobile will offer a limited-time satisfaction guarantee for S721 plus Magic Dock customers. Businesses that are not satisfied with their deployment experience may return the product within 60 days for a full refund, excluding shipping costs.Socket Mobile will also offer a $50 trade-in incentive program to help businesses transition from existing scanner configurations to the new S721 and Magic Dock solution.AvailabilityThe S721 and Magic Dock solution is available now with an MSRP of $219.Media Contact: David Holmes, David.holmes@socketmobile.com View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-introduces-an-always-ready-cordless-scanning-solution-for-shopify-302794834.htmlSOURCE Socket Mobile, Inc. Original: Socket Mobile Introduces an Always-Ready Cordless Scanning Solution for Shopify
US Market News
2月前
Socket Mobile Brings Professional Cordless Scanning and Apple Wallet Pass Reading to Mac with SM LinkMay 4, 2026 9:00 AM
PR Newswire (US)
FREMONT, Calif., May 4, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions, today announced SM Link, a USB adapter that enables Socket Mobile Bluetooth® Low Energy (LE) barcode and NFC readers to connect easily to Mac.
SM Link brings professional cordless scanning to Mac in environments such as retail counters, hospitality check-in, healthcare stations, and service desks. With a simple scan-to-connect setup, users can connect a compatible Socket Mobile reader in seconds and begin scanning.Once connected, scanned data is delivered directly into the active application. SM Link supports both standard keyboard-style input for immediate compatibility with existing applications and enhanced data capture for applications built with Socket Mobile's CaptureSDK. The device automatically adapts to the needs of the application in use, helping ensure a consistent and reliable scanning experience."Our customers have been asking for Mac support," said Dave Holmes, Chief Business Officer at Socket Mobile. "Many businesses rely on macOS for their point-of-sale, booking, and check-in systems, but have not had access to a professional cordless scanning solution. SM Link removes that barrier while supporting the same readers our customers already use across iPhone and iPad. It also opens the door for Apple Wallet pass reading in customer-facing environments."Apple Wallet pass reading comes to macOSSM Link enables Apple Wallet pass reading on macOS when used with compatible Socket Mobile NFC readers and CaptureSDK. This allows businesses to scan loyalty cards, tickets, boarding passes, and stored-value credentials directly at the point of interaction.Compatible readers include the S370 combo reader, S550 countertop NFC reader, and D751 companion NFC reader, which support Apple VAS pass reading on macOS through CaptureSDK. These solutions are designed for use at retail counters, hospitality front desks, and venue entry points, helping businesses deliver a more modern and streamlined customer experience.Standardize scanning across devices and environmentsSM Link is compatible with a range of Socket Mobile Bluetooth LE barcode and NFC readers, including the S320 and S721 barcode scanners, as well as the S370, S550, and D751 NFC-enabled devices. These same readers can be used across macOS, iOS, Windows, and Android environments, allowing organizations to standardize their scanning setup across multiple devices and locations.This approach simplifies deployment and supports distributed teams. Devices can be paired in advance and shipped ready to use, allowing staff to plug in SM Link and begin scanning with minimal setup.For developers: immediate compatibility with a path to advanced integrationSM Link is designed to support both immediate use and deeper application integration. Applications that accept keyboard input can work with SM Link right away, allowing developers and stakeholders to evaluate scanning functionality without requiring SDK integration.This includes many existing macOS and web-based applications, such as merchant platforms like Shopify, Square, and Lightspeed, where scanning can be enabled quickly with no changes to the application.For applications that require more advanced capabilities, Socket Mobile's CaptureSDK 2.1 enables structured data delivery, reader management, and support for Apple VAS pass reading. Developers can begin with simple functionality and expand their integration over time as requirements evolve.An evaluation program is available for qualified developers at socketmobile.com/developers.AvailabilitySM Link is available now with an MSRP of $20. Media Contact: David Holmes, David.holmes@socketmobile.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-brings-professional-cordless-scanning-and-apple-wallet-pass-reading-to-mac-with-sm-link-302760786.htmlSOURCE Socket Mobile, Inc.
Original: Socket Mobile Brings Professional Cordless Scanning and Apple Wallet Pass Reading to Mac with SM Link
US Market News
3月前
Socket Mobile Expands Shopify Compatibility with Support for SocketScan S721 and S741 Barcode ScannersApril 6, 2026 8:35 AM
PR Newswire (US)
FREMONT, Calif., April 6, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions for enhanced productivity, today announced that the Shopify platform, beginning with version 11.0.0, now supports the SocketScan S721 and newly released SocketScan S741 barcode scanners. This update enables Shopify merchants to take advantage of Socket Mobile's latest Bluetooth® Low Energy scanning technology for reliable, high-performance data capture across a wide range of business applications.
With Shopify's adoption of Socket Mobile's latest CaptureSDK, merchants can now seamlessly integrate the S721 and S741 into their operations, supporting use cases such as retail point-of-sale, inventory management, and ID verification. Both scanners are designed to deliver fast, accurate performance while maintaining strong wireless connectivity and extended battery life.The SocketScan S721 provides dependable, everyday scanning performance with the ability to capture 1D and 2D barcodes across a wide range of sizes and formats. Its extended scanning range and efficient Bluetooth LE connectivity make it well suited for retail counters, warehouses, and mobile work environments.The newly introduced SocketScan S741 expands on these capabilities with enhanced performance for more demanding applications. It is optimized to read small, dense, and damaged barcodes, while also supporting OCR formats used in passports and driver's licenses. This makes it particularly valuable for workflows that require age verification and identity validation in addition to traditional barcode scanning."Expanding support within the Shopify ecosystem is an important step for our customers and partners," said Dave Holmes, Chief Business Officer at Socket Mobile. "With the addition of the S721 and S741, Shopify merchants can take advantage of our latest Bluetooth Low Energy scanning technology to improve reliability, maintain consistent wireless performance throughout the day, and support a broader range of scanning applications, including ID verification. We remain focused on supporting our application partners with new innovations that enhance performance and deliver practical value for their users."Like all Socket Mobile data capture devices, the S721 and S741 are fully compatible with the latest version of Socket Mobile's CaptureSDK. Over a thousand business applications already support CaptureSDK, enabling plug-and-play data capture within their operations. Developers who integrate CaptureSDK gain consistent, high-performance scanning across all Socket Mobile products while giving their users the flexibility to choose the device that best suits their needs.Socket Mobile continues to work closely with its application partners to ensure compatibility with the latest devices and technologies, helping businesses deploy reliable data capture solutions that support their evolving operational needs.The SocketScan S721 and S741 are available now on Socket Mobile's website, with MSRPs of $199 and $249, respectively.Media Contact: David Holmes, David.holmes@socketmobile.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-expands-shopify-compatibility-with-support-for-socketscan-s721-and-s741-barcode-scanners-302734194.htmlSOURCE Socket Mobile, Inc.
Original: Socket Mobile Expands Shopify Compatibility with Support for SocketScan S721 and S741 Barcode Scanners
US Market News
4月前
Socket Mobile Announces Industrial Scanning Solutions for iPhone 17eMarch 6, 2026 8:35 AM
PR Newswire (US)
FREMONT, Calif., March 6, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions, today announced that its rugged and industrial scanning solutions — including the XtremeScan, DuraSled, and DuraScan Terminal families — are compatible with Apple's newly released iPhone® 17e.
Building on the strong adoption of the iPhone 16e in industrial and commercial environments, the new iPhone 17e introduces enhanced durability and performance, making it well suited for demanding mobile operations. Combined with Socket Mobile's industrial-grade scanning solutions, businesses can deploy powerful and reliable iOS-based data capture systems across industries such as warehousing, logistics, manufacturing, retail, field service, and transportation.Socket Mobile's XtremeScan, DuraSled, and DuraScan Terminal product families extend the capabilities of the iPhone 17e by integrating high-performance 1D/2D barcode scanning into rugged mobile solutions. XtremeScan delivers long-range scanning with extreme protection against water, dust, and drops for the harshest industrial environments. DuraSled and DuraScan Terminal solutions transform the iPhone into durable, handheld scanning tools with protective case designs and integrated data capture capabilities, enabling fast and reliable barcode scanning that fits easily in your pocket."Apple continues to deliver powerful mobile devices that businesses rely on every day," said Dave Holmes, Chief Business Officer at Socket Mobile. "Our continued alignment with Apple ensures that customers adopting the new iPhone 17e can immediately benefit from the performance, durability, and reliability of Socket Mobile's industrial scanning solutions. With support across our XtremeScan, DuraSled, and DuraScan Terminal families, organizations can confidently deploy iPhone-based data capture solutions built for demanding work environments."Socket Mobile's scanning solutions are fully compatible with applications that use Socket Mobile's CaptureSDK, allowing existing solutions to support the new iPhone 17e with minimal effort. Developers who have already integrated CaptureSDK can evaluate Socket Mobile scanners immediately, while application providers not yet supporting Socket Mobile's data capture devices can quickly enable reliable and consistent scanning performance within their apps.CaptureSDK provides developers with a unified framework for integrating Socket Mobile's expansive portfolio of data capture devices, enabling applications to capture barcode data efficiently in real-world environments. CaptureSDK-enabled apps allow end users to easily interchange Socket Mobile scanners, ensuring organizations can select the best device for their workflow while maintaining compatibility across their solutions.To learn more about how Socket Mobile's scanning solutions support the new iPhone 17e, visit the XtremeScan, DuraSled, and DuraScan Terminal product pages on Socket Mobile's website.Media Contact: David Holmes, David.holmes@socketmobile.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-announces-industrial-scanning-solutions-for-iphone-17e-302706371.htmlSOURCE Socket Mobile, Inc.
Original: Socket Mobile Announces Industrial Scanning Solutions for iPhone 17e
US Market News
4月前
Socket Mobile Reports Fourth Quarter 2025 and Full Year ResultsFebruary 19, 2026 4:05 PM
PR Newswire (US)
FREMONT, Calif., Feb. 19, 2026 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions for enhanced workplace productivity, today reported financial results that are determined in accordance with generally accepted accounting principles in the United States ("GAAP") for the three and twelve months ended December 31, 2025.
Fourth Quarter 2025 Financial Highlights: Revenue of $4.0 million, an 18% decrease from $4.8 million in the comparable prior-year quarter, a 28% sequential increase from $3.1 million in Q3 2025.Gross margin of 50.2% compared with 51.0% in the prior-year quarter and 47.7% in the preceding quarter.Operating loss of $0.6 million compared with $0.4 million in the prior-year quarter and $1.1 million in the preceding quarter.In accordance with ASC 740, the Company recognized a one-time adjustment to record a full valuation allowance of $10.7 million against its deferred tax assets as of December 31, 2025.Net loss per share of ($1.43) compared with diluted earnings per share of $0.00 in the prior-year quarter and net loss per share of ($0.15) in the preceding quarter.Full Year 2025 Financial Highlights:Revenue of $15.1 million, compared with $18.8 million in 2024, a 19.6% year-over-year decrease.Gross margin of 49.7% compared with 50.4% in 2024.Operating loss of $3.2 million compared with an operating loss of $2.5 million in 2024.Recording a 10.7 million valuation allowance on deferred tax assets resulted in a one-time 2025 income tax expense of $10.7 million, compared to an income tax benefit of $0.6 million in 2024.Net loss per share of ($1.81) compared with ($0.30) in the prior year."In 2025, despite a very challenging macroeconomic and distributor environment, we made significant progress strengthening our product portfolio, expanding our technology capabilities, and enhancing the value we deliver to our customers," said Kevin Mills, President, and Chief Executive Officer."We advanced our position in the mobile data capture market through a series of important innovations. We launched CaptureSDK 2.0, a unified, next-generation development toolkit that makes it easier for developers to build seamless integrations across iOS and Android. We introduced the SocketScan S721 with Bluetooth Low Energy for faster pairing, improved connectivity, and lower power usage. We also expanded our hardware lineup with the XtremeScan v16e, the DuraScan D751 NFC/RFID reader, and the compact DuraScan D764 designed for Direct Part Mark applications. Each of these products reflects our commitment to delivering reliable, high-performance tools that help customers operate more efficiently.""We also strengthened our international presence, including receiving official approval in Japan for the S370 and S550 as certified 'My Number Card' readers—enabling broader use in government services, digital identity authentication, and Apple Wallet integrations. These achievements contributed to growing engagement across retail, industrial, hospitality, and enterprise markets," continued Mr. Mills."While sales volumes were impacted by external headwinds, our gross margins remained resilient, supported by disciplined cost management and operational efficiency. At the same time, we continued to invest in the product development and global reach that will drive long-term value for our customers. We also took deliberate steps to reinforce our financial position and preserve the resources needed to support innovation and service.""Looking ahead, we remain focused on delivering dependable, high-quality data capture solutions that help our customers improve productivity, streamline operations, and stay competitive in dynamic markets. We are proud of the meaningful progress we achieved in 2025, and we sincerely appreciate the trust and support of our customers and partners as we continue to build for the future," concluded Mills.Conference Call
The management of Socket Mobile will hold a conference call today at 2 P.M. Pacific (5 P.M. Eastern) to discuss the quarterly and year-end results and outlook for the future. The dial-in number to access the live conference call is (800) 237-1091, toll-free from within the U.S., or (848) 488-9280 (toll).About Socket Mobile, Inc.
Socket Mobile is a leading provider of data capture and delivery solutions for enhanced productivity in workforce mobilization. Socket Mobile's revenue is primarily driven by the deployment of third-party barcode-enabled mobile applications that integrate Socket Mobile's cordless barcode scanners and contactless readers/writers. Mobile Applications servicing the specialty retailer, field service, digital ID, transportation, and manufacturing markets are the primary revenue drivers. Socket Mobile has a network of thousands of developers who use its software developer tools to add sophisticated data capture to their mobile applications. Socket Mobile is headquartered in Fremont, Calif., and can be reached at +1-510-933-3000 or www.socketmobile.com. Follow Socket Mobile on LinkedIn, X, and keep up with our latest News and Updates.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements regarding new mobile computers and data collection products, including details on the timing, distribution, and market acceptance of the products, and statements predicting trends, sales, market conditions, and opportunities in the markets in which we sell our products. Such statements involve risks and uncertainties, and actual results could differ materially from the results anticipated in such forward-looking statements as a result of a number of factors, including, but not limited to, the risk that our new products may be delayed or not rollout as predicted, if ever, due to technological, market, or financial factors, including the availability of necessary working capital, the risk that market acceptance and sales opportunities may not happen as anticipated, the risk that our application partners and current distribution channels may choose not to distribute the new products or may not be successful in doing so, the risk that acceptance of our new products in vertical application markets may not happen as anticipated, and other risks described in our most recent Form 10-K and 10-Q reports filed with the Securities and Exchange Commission.Socket Mobile Investor Contact:
Lynn Zhao
Chief Financial Officer
510-933-3016
lynn@socketmobile.com Socket is a registered trademark of Socket Mobile. All other trademarks and trade names contained herein may be those of their respective owners.© 2026, Socket Mobile, Inc. All rights reserved.– Financial tables to follow –Socket Mobile, Inc.Condensed Summary Statements of Operations(Amounts in thousands except per share amounts)
Year ended Dec 31,Three months ended Dec 31,
(Unaudited)2025 2024*(Unaudited)
2025
2024*Revenue$ 15,078$ 18,763$ 3,963$ 4,831Cost of revenue7,5909,3111,9722,366Gross profit7,4889,4521,9912,465 Gross profit percent49.7 %50.4 %50.2 %51.0 %Research & development4,3514,7211,0911,119Sales & marketing3,9904,4149241,106General & administrative2,3662,779566651 Total operating expenses10,70711,9142,5812,876Operating income (loss)(3,219)(2,462)(590)(411)Interest expense(496)(331)(141)(102)Loss before income taxes(3,715)(2,793)(731)(513)Deferred income tax benefit
(expense)(10,663)551(10,663)551Net income (loss)$(14,378)$ (2,242)$ (11,394)$ 38Net income (loss) per share:
Basic$ (1.81)$ (0.30)$ (1.43)$ 0.00 Fully diluted$ (1.81)$ (0.30)$ (1.43)$ 0.00Weighted average shares
outstanding: Basic Fully diluted 7,925 7,925 7,558 7,558 7,971 7,971 7,605 7,703
*Derived from audited financial statements. Socket Mobile, Inc.Condensed Summary Balance Sheets(Amounts in Thousands)
(Unaudited)December 31,2025 December 31,
2024*Cash$ 2,032$ 2,492Accounts receivable1,7111,588Inventories4,2214,942Deferred costs on shipments to distributors122143Other current assets548431Property and equipment, net2,1252,787Deferred tax assets --10,663Intangible assets, net1,3051,432Operating leases right-of-use assets2,0872,604Other long-term assets286264Total assets$ 14,437$ 27,346Accounts payable and accrued liabilities$ 2,023$ 1,977Subordinated convertible notes payable, net of discount400150Subordinated convertible notes payable, net of discount-related party 5,0833,818 Deferred revenue on shipments to distributors336392Deferred service revenue2831Operating lease liabilities2,2892,817Total liabilities10,1599,185Common stock69,87069,374Accumulated deficit(64,554)(50,175)Treasury stock(1,038)(1,038)Total equity4,27818,161Total liabilities and equity$ 14,437$ 27,346
*Derived from audited financial statements.
View original content to download multimedia:https://www.prnewswire.com/news-releases/socket-mobile-reports-fourth-quarter-2025-and-full-year-results-302693069.htmlSOURCE Socket Mobile, Inc.
Original: Socket Mobile Reports Fourth Quarter 2025 and Full Year Results
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