Sonim Technologies, Inc. (SONM) Balance Sheet
SONM balance sheet, 2025
December 31, 2025 · U.S. dollars$43.9M assets = $50.6M liabilities + −$6.7M equity
Liabilities exceed assets: shareholders’ equity is negative (−$6.7M).
Both columns are drawn to the same scale: what SONM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SONM financial health
Descriptive bands, not a rating. Fiscal 2025.
SONM balance sheet trends, 2000–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.1M2000 | $43.9M2025 | +51.3%/yr | |
| Total liabilities | $4.0M2000 | $50.6M2025 | +32.4%/yr | |
| Shareholders’ equity | −$3.0M2000 | −$6.7M2025 | — | |
| Cash & short-term investments | $103,0002000 | $1.3M2025 | +32.6%/yr | |
| Total debt | $351,0002000 | $5.1M2025 | +34.5%/yr | |
| Net cash (debt) | −$248,0002000 | −$3.8M2025 | −$3.5M | |
| Working capital | −$664,0002017 | −$19.1M2025 | −$18.5M | |
| Current ratio | 0.982017 | 0.602025 | −0.37 | |
| Debt / equity | 2.632018 | 0.002023 | −2.63 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SONM assets
SONM liabilities and equity
SONM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SONM balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2000 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.3M | $5.3M | $9.4M | $13.2M | $11.2M | $22.1M | $11.3M | $13.0M | $1.6M | $103,000 |
| Cash & equivalents | $1.3M | $5.3M | $9.4M | $13.2M | $11.2M | $22.1M | $11.3M | $13.0M | $1.6M | $103,000 |
| Receivables | $0 | $11.6M | $26.3M | $24.7M | $14.8M | $5.1M | $11.5M | $21.4M | $12.2M | $0 |
| Inventory | $0 | $10.6M | $6.5M | $3.9M | $5.5M | $11.3M | $19.5M | $21.8M | $9.0M | $0 |
| Other current assets | $27.6M | $4.6M | $1.6M | $1.8M | $4.2M | $7.0M | $5.1M | $7.5M | $4.6M | — |
| Total current assets | $28.9M | $32.2M | $43.8M | $43.6M | $35.7M | $45.6M | $47.3M | $63.9M | $27.4M | — |
| Property, plant & equipment (net) | $0 | $227,000 | $126,000 | $234,000 | $534,000 | $843,000 | $1.4M | $1.1M | $724,000 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $1.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $13.7M | $7.3M | $12.1M | $9.8M | $4.9M | $3.9M | $6.7M | $2.4M | $2.2M | $1.1M |
| Total assets | $43.9M | $39.7M | $56.0M | $53.7M | $41.1M | $50.3M | $55.5M | $67.3M | $30.2M | $1.1M |
| Liabilities | ||||||||||
| Accounts payable | $4.0M | $22.8M | $19.8M | $22.1M | $9.5M | $8.9M | $7.2M | $27.3M | $11.2M | $1.4M |
| Short-term debt | $5.1M | — | $55,000 | $213,000 | $148,000 | $177,000 | $9.8M | $301,000 | $3.1M | — |
| Deferred revenue | — | — | $12,000 | $31,000 | $11,000 | $5,000 | $291,000 | $4.2M | $4.7M | — |
| Total current liabilities | $48.0M | $43.7M | $32.1M | $32.1M | $21.0M | $20.5M | $27.6M | $48.2M | $28.0M | $3.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $66,000 | $185,000 | $362,000 | $13.2M | $7.6M | $351,000 |
| Lease obligations | — | — | $55,000 | $66,000 | $0 | — | — | — | — | — |
| Other long-term liabilities | $2.6M | $1.7M | $1.5M | $1.6M | $1.4M | $1.2M | $2.0M | $807,000 | $4.2M | $0 |
| Total liabilities | $50.6M | $45.4M | $33.7M | $33.6M | $22.5M | $21.9M | $29.9M | $62.2M | $39.8M | $4.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.2M | $5,000 | $43,000 | $41,000 | $19,000 | $66,000 | $20,000 | $15,000 | $1,000 | $97,000 |
| Retained earnings (deficit) | −$304.3M | −$283.6M | −$250.0M | −$249.9M | −$234.8M | −$196.2M | −$166.2M | −$143.5M | −$144.8M | — |
| Accumulated other comprehensive income | — | — | $0 | $0 | — | — | −$5.0M | −$4.4M | −$4.1M | — |
| Total shareholders' equity | −$6.7M | −$5.7M | $22.4M | $20.0M | $18.6M | $28.4M | $25.5M | $5.1M | −$9.5M | −$3.0M |
| Key figures | ||||||||||
| Total debt | $5.1M | — | $55,000 | $213,000 | $214,000 | $362,000 | $10.2M | $13.5M | $10.7M | $351,000 |
| Net cash (debt) | −$3.8M | — | $9.3M | $13.0M | $11.0M | $21.8M | $1.1M | −$461,000 | −$9.1M | −$248,000 |
| Working capital | −$19.1M | −$11.6M | $11.6M | $11.6M | $14.7M | $25.1M | $19.7M | $15.7M | −$664,000 | — |
| Tangible book value | −$6.7M | −$5.7M | $22.4M | $20.0M | $18.6M | $28.4M | $25.5M | $5.1M | −$9.5M | −$3.0M |
| Book value per share | −$9.31 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 723K | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.60 | 0.74 | 1.36 | 1.36 | 1.70 | 2.23 | 1.71 | 1.33 | 0.98 | — |
| Quick ratio | 0.03 | 0.39 | 1.11 | 1.18 | 1.24 | 1.33 | 0.82 | 0.72 | 0.49 | 0.03 |
| Debt / equity | — | — | 0.00 | 0.01 | 0.01 | 0.01 | 0.40 | 2.63 | — | — |
| Equity / assets | −15.3% | −14.3% | 39.9% | 37.3% | 45.3% | 56.5% | 46.0% | 7.6% | −31.5% | −284.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $900,000 | $1.2M | $1.3M | $2.1M | $2.0M | $2.1M | $5.3M | $9.1M | $9.6M | $9.3M | $9.4M | $9.8M |
| Cash & equivalents | $900,000 | $1.2M | $1.3M | $2.1M | $2.0M | $2.1M | $5.3M | $9.1M | $9.6M | $9.3M | $9.4M | $9.8M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $18.8M | — | — |
| Receivables | $1.3M | $1.5M | $0 | $13.3M | $10.0M | $11.5M | $11.6M | $10.2M | $13.0M | $13.9M | $26.3M | $32.0M |
| Inventory | $0 | $0 | $0 | $11.0M | $9.9M | $8.6M | $10.6M | $12.4M | $7.0M | $4.8M | $6.5M | $4.2M |
| Other current assets | $759,000 | $608,000 | $27.6M | $3.8M | $5.2M | $4.7M | $4.6M | $2.2M | $3.0M | $1.6M | $1.6M | $1.5M |
| Total current assets | $2.9M | $3.3M | $28.9M | $30.3M | $27.1M | $26.9M | $32.2M | $33.9M | $32.6M | $29.5M | $43.8M | $47.5M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $140,000 | $161,000 | $188,000 | $227,000 | $239,000 | $120,000 | $102,000 | $126,000 | $200,000 |
| Goodwill & intangible assets | $1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $1.3M | $1.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $216,000 | $245,000 | $13.7M | $9.8M | $8.8M | $8.8M | $7.3M | $15.0M | $13.2M | $12.7M | $12.1M | $10.9M |
| Total assets | $4.5M | $4.8M | $43.9M | $40.2M | $36.1M | $36.0M | $39.7M | $49.1M | $45.9M | $42.4M | $56.0M | $58.6M |
| Liabilities | ||||||||||||
| Accounts payable | $683,000 | $719,000 | $4.0M | $20.4M | $20.6M | $17.3M | $22.8M | $9.1M | $9.2M | $9.1M | $19.8M | $23.3M |
| Short-term debt | $2.4M | $1.1M | — | $4.8M | $2.9M | $2.3M | — | — | $1.5M | $55,000 | $55,000 | $157,000 |
| Deferred revenue | — | — | — | — | $2.2M | — | — | — | $12,000 | $12,000 | $12,000 | $11,000 |
| Total current liabilities | $5.1M | $4.3M | $48.0M | $38.9M | $35.7M | $34.7M | $43.7M | $32.2M | $26.9M | $21.0M | $32.1M | $34.0M |
| Long-term debt | $0 | $0 | $0 | $250,000 | $0 | $566,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | — | — | $0 | $0 | $55,000 | $120,000 |
| Other long-term liabilities | $600,000 | $600,000 | $2.6M | $1.8M | $1.8M | $1.8M | $1.7M | $1.6M | $1.5M | $1.6M | $1.5M | $1.5M |
| Total liabilities | $5.7M | $4.9M | $50.6M | $40.9M | $37.4M | $37.0M | $45.4M | $33.8M | $28.4M | $22.5M | $33.7M | $35.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,000 | $5.7M | — | $1,000 | $10,000 | $6,000 | $5,000 | $5,000 | $5,000 | $43,000 | $43,000 | $43,000 |
| Retained earnings (deficit) | −$298.9M | −$297.6M | −$304.3M | −$295.4M | −$290.6M | −$283.1M | −$283.6M | −$262.0M | −$259.5M | −$252.9M | −$250.0M | −$248.6M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $22.4M | $0 | $0 |
| Total shareholders' equity | −$1.2M | −$83,000 | −$6.7M | −$701,000 | −$1.3M | −$1.1M | −$5.7M | $15.3M | $17.5M | $19.8M | $22.4M | $23.1M |
| Key figures | ||||||||||||
| Total debt | $2.4M | $1.1M | — | $5.1M | $2.9M | $2.8M | — | — | $1.5M | $55,000 | $55,000 | $157,000 |
| Net cash (debt) | −$1.5M | $123,000 | — | −$2.9M | −$910,000 | −$716,000 | — | — | $8.1M | $9.2M | $9.3M | $9.6M |
| Working capital | −$2.2M | −$1.0M | −$19.1M | −$8.6M | −$8.5M | −$7.7M | −$11.6M | $1.7M | $5.7M | $8.6M | $11.6M | $13.5M |
| Tangible book value | −$2.6M | −$83,000 | −$6.7M | −$701,000 | −$1.3M | −$1.1M | −$5.7M | $15.3M | $17.5M | $19.8M | $22.4M | $23.1M |
| Book value per share | −$0.91 | −$0.07 | −$4.52 | −$0.20 | −$2.52 | −$3.33 | — | — | — | — | — | — |
| Shares outstanding | 1.4M | 1.3M | 1.5M | 3.6M | 528K | 324K | — | — | — | — | — | — |
| Current ratio | 0.57 | 0.76 | 0.60 | 0.78 | 0.76 | 0.78 | 0.74 | 1.05 | 1.21 | 1.41 | 1.36 | 1.40 |
| Quick ratio | 0.42 | 0.62 | 0.03 | 0.40 | 0.34 | 0.39 | 0.39 | 0.60 | 0.84 | 1.10 | 1.11 | 1.23 |
| Debt / equity | — | — | — | — | — | — | — | — | 0.09 | 0.00 | 0.00 | 0.01 |
| Equity / assets | −27.3% | −1.7% | −15.3% | −1.7% | −3.7% | −3.0% | −14.3% | 31.2% | 38.1% | 46.8% | 39.9% | 39.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 15, 2026); data from EODHD.
SONM financial position
At the end of fiscal 2025 (December 31, 2025), Sonim Technologies had total assets of $43.9 million (up 10.5% from a year earlier), total liabilities of $50.6 million and shareholders' equity of -$6.7 million. It held $1.3 million in cash and short-term investments against $5.1 million of debt, net debt of $3.8 million. Its current ratio was 0.60. In the latest quarter (ended June 30, 2026) total assets were $4.5 million and equity -$1.2 million.
Related: SONM income statement, SONM cash flow statement, SONM key metrics. See the SONM stock overview for the latest quote and news.
SONM balance sheet FAQ
What are Sonim Technologies's total assets?
Sonim Technologies reported total assets of $43.9 million at the end of fiscal 2025 (December 31, 2025), compared with $39.7 million a year earlier.
How much debt does Sonim Technologies have?
Sonim Technologies had $5.1 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does Sonim Technologies have?
Sonim Technologies held $1.3 million in cash and short-term investments at the end of fiscal 2025; with $5.1 million of debt that is net debt of $3.8 million.
What is Sonim Technologies's book value?
Sonim Technologies's shareholders' equity (book value) was -$6.7 million at the end of fiscal 2025, or −$9.31 per share.
What is Sonim Technologies's current ratio?
Sonim Technologies had current assets of $28.9 million and current liabilities of $48.0 million, a current ratio of 0.60 (current liabilities exceed current assets).