Socket Mobile Inc

NASDAQ:SCKT   3:59:44 PM EDT
2.70
-0.07 (-2.53%)
Accounting Issues/SEC Inquiries, Earnings Announcements

Socket Mobile Inc - Completed Annual Goodwill Impairment Test Required By Generally Accepted Accounting Principles

Published: 11/17/2020 11:46 GMT
Socket Mobile Inc (SCKT) - Socket Mobile Inc - Completed Annual Goodwill Impairment Test Required by Generally Accepted Accounting Principles.
Socket Mobile Inc - Non-cash Impairment Charge Totaled $4.4 Million and Was Recorded in Co's Q3 2020 Results.
Socket Mobile - Impairment Charge Does Not Affect Co's Cash Position, Cash Flow From Operating Activities, Bank Debt Covenants.
Socket Mobile Inc - Impairment Charge Does Not Have Any Impact on Future Operations.