Press Releases, Page 1

Socket Mobile has completed a $1.5 million secured subordinated convertible note financing to improve its working capital. The notes carry a 10% annual interest rate, paid quarterly, and will mature on 30 May 2028. Investors can convert the principal into common stock at $1.07 per share, reflecting the closing price on 30 May 2025. Key insiders, including the Chairman, CEO, CFO, and CTO, took part in the funding round. The notes are secured by company assets and are subordinated to existing obligations with Western Alliance Bank. More details will follow in an upcoming SEC Form 8-K filing.

Socket Mobile today announced the release of the DuraScan D764—the smallest, lightest, and most affordable Direct Part Mark (DPM) barcode scanner available on the market. The D764 excels at reading challenging DPM codes on various surfaces, including metal and plastic, making it ideal for industries such as healthcare, manufacturing, automotive, and electronics. Designed for mobility, the D764 offers wireless Bluetooth® connectivity for seamless pairing with iPhones, iPads, and other mobile devices, while its rugged construction endures the demands of daily use.

Socket Mobile, Inc., 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 months ended 31 March 2025.

Socket Mobile, a leading provider of data capture and delivery solutions for enhanced productivity, today announced that it will release its first quarter 2025 financial results after market close on Thursday, 24 April 2025. Management will also host a conference call to discuss these results, beginning at 5 p.m. Eastern Time (2 p.m. Pacific Time).

Socket Mobile, 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, 2024.

Socket Mobile, a leading provider of data capture and delivery solutions, is pleased to announce that its industrial and rugged scanning solutions are fully compatible with the newly released iPhone® 16e. The XtremeScan and DuraSled products provide integrated 1D/2D barcode scanning capabilities, enabling the iPhone 16e to function as a powerful all-in-one data capture tool in challenging work environments.

Socket Mobile is pleased to announce the expansion of our DuraScan product family to offer new options and scanning capabilities tailored to the logistics and manufacturing sectors. The new DuraScan D762 1D/2D barcode scanner is designed to meet the unique requirements these industries face, providing an extended read range of up to 14 feet, rugged durability, and seamless compatibility with iOS and other platforms.

Socket Mobile, a leading provider of data capture and delivery solutions for enhanced productivity, today announced that it will release its fourth quarter and full year 2024 financial results at the close of the market on Tuesday, 25 February 2025. Management will also host a conference call to discuss these results, beginning at 5 p.m. Eastern Time (2 p.m. Pacific Time).

Socket Mobile is pleased to announce a new update to its React Native CaptureSDK. This update supports React Native version 0.75.4 and allows developers to customise the SocketCam viewfinder within their applications, expanding possibilities for camera scanning integration on iOS and Android.

Socket Mobile today announced two important milestones: the launch of a fully redesigned website and the introduction of ‘Alfred’, an AI-powered developer support tool designed to transform how CaptureSDK developers receive assistance. Alfred allows Socket Mobile to better support a growing international developer community, delivering faster problem resolution, reduced operational costs, and improved access to resources—benefiting both developers and businesses using CaptureSDK in their programs.

Socket Mobile is excited to announce the expansion of its XtremeScan family of industrial barcode scanners with the launch of three new XtremeScan Mag products: XS640, XS630, and XG630. These innovative BYOD (Bring Your Own Device) scanners are designed to meet the needs of modern mobile workforces, offering seamless integration with iPhone 16 and all other mobile devices while delivering high-performance barcode scanning in demanding environments.

Socket Mobile is excited to announce that CaptureSDK and its entire line of barcode scanners and NFC reader/writers have been thoroughly tested and have achieved full compatibility with iOS 18. CaptureSDK's support for iOS 18 means that business applications continue to run smoothly on Apple's latest platform, offering stability, efficiency, and access to the newest features. Users can seamlessly integrate the latest Apple advancements into their workflow and expect optimal performance from both devices.

Socket Mobile, a leading provider of data capture and delivery solutions for enhanced productivity, today announced completion of a net secured subordinated convertible note financing of $1,000,000. The proceeds will be used to increase the Company’s working capital balances.

Socket Mobile is excited to announce the launch of the SocketScan S320, a Countertop QR Code Payment Reader designed to facilitate consumer-presented QR code operations. With a primary focus on QR code payments, the S320 provides a reliable and efficient solution for consumers to complete transactions by simply presenting their QR code credentials. Its advanced technology is matched by a convenient, user-friendly design—effortlessly handling a broad spectrum of scanning tasks even in fully mobile, wireless settings.

Socket Mobile today announced the appointment of Alexis Hartmann to our Board of Directors. Alexis brings over 20 years of leadership and SaaS experience and is actively involved as an investor in various startups, guiding co-founders through pivotal stages of development. Socket Mobile looks forward to leveraging his expertise to drive innovation and growth across multiple facets of our business.

Socket Mobile, 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 six months ended June 30, 2024.

Socket Mobile is excited to announce the launch of the XtremeScan Mag XG640, a rugged scanning solution designed to transform operations in the transportation and logistics sectors. The XG640 delivers exceptional scanning performance and easily integrates with the employee’s phone (Bring Your Own Device - BYOD) using a secure magnetic attachment system, providing the optimal solution to enhance efficiency and convenience in mobile workforces.

Socket Mobile is excited to announce the launch of the XtremeScan Mag XG640, a rugged scanning solution designed to transform operations in the transportation and logistics sectors. The XG640 delivers exceptional scanning performance and easily integrates with the employee’s phone (Bring Your Own Device - BYOD) using a secure magnetic attachment system, providing the optimal solution to enhance efficiency and convenience in mobile workforces.

Socket Mobile, 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 months ended March 31, 2024.

Socket Mobile, a leading provider of data capture and delivery solutions for enhanced productivity, today announced that it will release its first quarter 2024 financial results at the close of the market on Wednesday, May 1, 2024. Management will also host a conference call to discuss these results that will begin at 5 p.m. Eastern Time (2 p.m. Pacific Time).