SONIM TECHNOLOGIES INC (SONM) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 20, 2026

Risk Assessment Details

Potential Dilution: 1263.38% of current shares
Recent Dilution: 310.27% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
1.5M
Potential Supply
19M
Additional shares possible
Splits
2 Splits 2 Reverse
Past 2 years

Summary

SONM currently has 1.49M outstanding shares. with significant dilution risk as 18.8M authorized shares could dilute existing holders by 1263.4%. The company has significantly diluted shareholders by 310.27% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 20, 2026

10-Q filing | 1.5M shares outstanding

1.5M 19M
Apr 15, 2026

10-K filing | 1.5M shares outstanding

1.5M 19M
Dec 18, 2025

8-K filing: Sonim Technologies, Inc. entered into a securities purchase agreement with DNA Holdings Venture, Inc. and issued a convertible promissory note for $1,200,000 and purchased 100% of the membership interests in DNA X LLC for 223,201 shares of common stock. They also exchanged a Partitioned Note for 148,500 shares of common stock with Streeterville Capital, LLC.

1.5M 19M
Oct 27, 2025
Stock Split

8-K filing: Stock split 1-for-18 | Outstanding: 10,338,905 → 574,383

570K 20M
Oct 09, 2025

S-1/A filing: This prospectus relates to the potential offer and sale from time to time by Chardan Capital Markets LLC of up to 350,000,000 shares of our common stock pursuant to a ChEF Purchase Agreement, with us potentially receiving up to $500.0 million in aggregate gross proceeds.

10M 350M
Sep 29, 2025

S-1 filing: This prospectus relates to the potential offer and sale from time to time by Chardan Capital Markets LLC of up to 350,000,000 shares of our common stock pursuant to a ChEF Purchase Agreement.

10M 350M
Jul 09, 2025

S-3 filing: This S-3 filing registers the resale of up to 1,650,000 shares of common stock, including shares issuable upon exercise of warrants, by selling stockholders. The company will not receive any proceeds from the sale of these shares, but will receive proceeds from warrant exercises.

6.3M 8.6M
Jul 02, 2025

8-K filing: Sonim Technologies, Inc. priced a best-efforts public offering of 7,400,000 shares of its common stock at $0.75 per share, closing on July 2, 2024, with estimated net proceeds of approximately $4.9 million. ($5.55M proceeds)

6.3M 7M
Jul 01, 2025

POS AM filing: Sonim Technologies, Inc. is offering (i) 7,400,000 shares of common stock, (ii) pre-funded warrants to purchase up to 7,400,000 shares of common stock, and (iii) warrants to purchase up to 222,000 shares of common stock.

6.3M 7M
Jun 20, 2025

S-1 filing: Sonim Technologies, Inc. is offering, on a best-efforts basis, up to 6,896,551 shares of its common stock, pre-funded warrants to purchase up to 6,896,551 shares of common stock, and placement agent warrants to purchase up to 206,897 shares of common stock.

6.3M 21M
May 16, 2025

8-K filing: Sonim Technologies, Inc. entered into subscription agreements for a private placement of 1,100,000 shares of common stock and warrants to purchase up to 550,000 shares for an aggregate purchase price of $1,375,000, closing contemporaneously with the execution of the agreements. ($1.38M proceeds)

9.2M 4.1M
May 12, 2025

10-Q filing | 9.2M shares outstanding

9.2M 4.1M
Mar 31, 2025

10-K filing | 6.3M shares outstanding

6.3M 7M
Nov 13, 2024

10-Q filing | 4.8M shares outstanding

4.8M 8.4M
Sep 16, 2024

S-3 filing: Sonim Technologies, Inc. is filing an S-3 to register the resale of up to 700,000 shares of common stock, consisting of 350,000 shares and 350,000 shares issuable upon exercise of warrants.

4.7M 8.6M
Aug 09, 2024

10-Q filing | 4.7M shares outstanding

4.7M 7.9M
Jul 17, 2024
Stock Split

8-K filing: Stock split 1-for-10 | Outstanding: 43,193,720 → 4,319,372

4.3M 0
May 14, 2024

10-Q filing | 43.2M shares outstanding

43M 83M
Apr 29, 2024

8-K filing: Sonim Technologies, Inc. entered into a subscription agreement for a private placement of 3,500,000 shares of common stock and warrants to purchase up to 3,500,000 shares for an aggregate purchase price of $3,850,000. ($3.85M proceeds)

42M 84M
Apr 09, 2024

S-3 filing: Sonim Technologies, Inc. is filing an S-3 to register an indeterminate number of shares of common stock, preferred stock, and debt securities with an aggregate initial offering price not to exceed $75,000,000.

42M 84M
Mar 27, 2024

10-K filing | 41.7M shares outstanding

42M 84M
Dec 01, 2023

S-3 filing: This S-3 filing relates to the resale of up to 20,833,333 shares of common stock by selling stockholders, originally issued in a private placement.

43M 83M
Nov 14, 2023

10-Q filing | 43.0M shares outstanding

43M 62M
Aug 14, 2023

10-Q filing | 41.0M shares outstanding

41M 64M
May 08, 2023

10-Q filing | 40.9M shares outstanding

41M 64M
Mar 20, 2023

10-K filing | 41.0M shares outstanding

41M 64M
Nov 14, 2022

10-Q filing | 40.8M shares outstanding

41M 64M
Aug 12, 2022

10-Q filing | 34.3M shares outstanding

34M 71M
May 10, 2022

10-Q filing | 19.1M shares outstanding

19M 86M
Mar 21, 2022

10-K filing | 19.3M shares outstanding

19M 86M
Nov 12, 2021

10-Q filing | 16.1M shares outstanding

16M 89M
Aug 16, 2021

10-Q filing | 85.2M shares outstanding

85M 20M
May 11, 2021

10-Q filing | 66.3M shares outstanding

66M 39M
Mar 18, 2021

S-3 filing: Sonim Technologies, Inc. may offer and sell up to $50,000,000 in aggregate of common stock, preferred stock and debt securities.

66M 39M
Mar 18, 2021

10-K filing | 66.3M shares outstanding

66M 39M
Nov 12, 2020

10-Q filing | 66.2M shares outstanding

66M 0
Aug 12, 2020

10-Q filing | 65.9M shares outstanding

66M 0
Jul 02, 2020

S-3 filing: This S-3 filing covers the offer and resale of up to 8,226,834 shares of common stock by selling stockholders; the company will not receive any proceeds from the sale of these shares.

21M 34M
Jun 02, 2020

S-1 filing: The filing is an S-1 registration statement for a proposed offering of common stock.

21M 26M
May 14, 2020

10-Q filing | 20.8M shares outstanding

21M 0
Mar 27, 2020

10-K filing | 20.6M shares outstanding

21M 0
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