Company / Interest Expense
SOCKET MOBILE, INC. Interest Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
-$330.8K
FY2025
5-year range
-$330.8K / $198.9K
FY2021-FY2025
Trend
-36.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has declined for 3 consecutive years, from $198,935 in FY2022 to -$330,849 in FY2025.
Based on SEC 10-K filings.
-$330,849 in FY2025.
Improved from -$175,050 to -$330,849 over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- SOCKET MOBILE, INC.'s interest expense has declined for 3 consecutive years.
- In FY2025, interest expense decreased 36.6% year-over-year.
- Peak interest expense was recorded in FY2016.
Company context
Key Data Points
- Altman Z-Score -1.27 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$330.8K | -36.6% |
| FY2024 | -$242.2K | -38.3% |
| FY2023 | -$175.1K | -188.0% |
| FY2022 | $198.9K | +104.1% |
| FY2021 | $97.5K | -3.1% |
| FY2020 | $100.7K | -21.7% |
| FY2019 | $128.6K | +61.9% |
| FY2018 | $79.4K | -39.5% |
| FY2017 | $131.3K | -53.0% |
| FY2016 | $279.2K | +34.7% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026