Rendering

Component: (Network and Table)
Network
00000019 - Disclosure - Summary of Significant Accounting Policies (Tables)
(http://socketmobile.com/role/SummaryOfSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000944075 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Accounting Policies [Abstract]
 
Activities in allowance for doubtful accounts

Year  Balance at
Beginning of Year		  Charged to
Costs and
Expenses		  Amounts
Written Off		  Balance at
End of
Year
 2016   $89,058   $—     $—     $89,058 
 2015   $89,058   $—     $—     $89,058 

 

  
Inventory components
   December 31,
   2016  2015
Raw materials and sub-assemblies  $2,665,185   $2,521,585 
Finished goods   64,359    39,083 
Inventory reserves   (1,192,105)   (1,234,578)
Inventory, net  $1,537,439  $1,326,090
  
Prepaid expenses and other current assets
   December 31,
   2016  2015
Prepaid insurance  $40,307   $18,612 
Prepaid project development costs   83,600    —   
Prepaid inventory purchases   43,700    2,031 
Other   91,857    66,913 
Prepaid expenses and other current assets  $259,464  $87,556
  
Major customers as a percentage of net accounts receivable balances
   December 31,
   2016  2015
Ingram Micro Inc.   49%   35%
Bluestar, Inc.   30%   22%
ScanSource, Inc.   *    17%
*Customer accounts for less than 10% of accounts receivable balances
  
Reserves for product warranty costs
Year  Balance at
Beginning of Year		  Additional Warranty Reserves  Amounts
Charged to Reserves		  Balance at
End of
Year
 2016   $78,871   $34,385   $(34,385)  $78,871 
 2015   $78,871   $41,029   $(41,029)  $78,871 
  
Net income per share applicable to common stockholders
   Years Ended December 31,
   2016  2015
Numerator:      
   Net income  $12,147,088   $1,817,672 
   Convertible note interest   117,421    —   
   Adjusted diluted net income  $12,264,509  $1,817,672
Denominator:          
   Weighted average shares outstanding used in computing net income per share:          
          Basic   5,793,245   5,554,541
 Effect of dilutive stock options and convertible notes payable   1,026,576    351,695 
          Diluted   6,819,821   5,906,236
   Net income per share applicable to common stockholders:          
          Basic  $2.10  $0.33
          Diluted  $1.80  $0.31
  
Revenue by geographic areas
   Years Ended December 31,
Revenues: (in thousands)  2016  2015
   United States  $16,851   $14,343 
   Europe   2,843    2,698 
   Asia and rest of world   1,094    1,359 
   $20,788  $18,400
  
Major customers accounted for at least 10% of total revenues
   Years Ended December 31,
   2016  2015
Ingram Micro Inc.   29%   29%
BlueStar, Inc.   22%   22%
Scansource, Inc.   18%   18%