SCKT - Socket Mobile Inc. (SCKT) Q4 2023 Earnings Call Transcript

2024-03-05 19:52:02 ET

Socket Mobile, Inc. (SCKT)

Q4 2023 Earnings Conference Call

March 05, 2024 5:00 PM ET

Company Participants

Kevin Mills – Chief Executive Officer

Dave Holmes – Chief Business Officer

Lynn Zhao – Chief Financial Officer

Conference Call Participants

BJ Cook – Singular Research

Steve Swanson – Private Investor

Presentation

Operator

Welcome to the Socket Mobile Inc. Q4 2023 Earnings Call. My name is Jen, and I will be your operator for today's call. Before we begin, I'd like to remind everyone that this conference call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities and Exchange Act of 1934 as amended. Such forward-looking statements include, but are not limited to, statements regarding mobile data collection and mobile data collection products, including details on timing, distribution and market acceptance of products and statements predicting the trends, sales and market conditions and opportunities in the markets in which Socket Mobile sells its products.

Such statements include risks and uncertainties, and actual results could differ materially from the results anticipated in such forward-looking statements because of a number of factors, including, but not limited to, the risk that manufacture of Socket's products may be delayed or not rolled out as predicted due to technological market or financial factors, including the availability of product components and necessary working capital; the risk that market acceptance and sales opportunities may not happen as anticipated; the risk that Socket's application partners and current distribution channels may choose not to distribute the products or may not be successful in doing so; the risk that acceptance of Socket's products in vertical application markets may not happen as anticipated as well as other risks described in Socket's most recent Form 10-K and 10-Q reports filed with the Securities and Exchange Commission. Socket does not undertake any obligation to update such forward-looking statements....

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