Socket Mobile (SCKT) Tax Provisions (2015 - 2023)

Socket Mobile (SCKT) has reported Tax Provisions for 9 consecutive years, with $1.4 million the latest figure, recorded in Q4 2023.

• Tax Provisions for Q4 2023 came in at $1.4 million, up 101.69% year-over-year; the trailing twelve-month figure through Dec 2023 was $2.2 million (up 128.7% YoY), and the FY2025 annual result was -$10.7 million, down 2035.28% from the prior year.
• Tax Provisions was $1.4 million for Q4 2023 at Socket Mobile, up from -$150000.0 in the prior quarter.
• Over five years, Tax Provisions peaked at $3.5 million in Q4 2021 and troughed at -$150000.0 in Q3 2023.
• Average Tax Provisions over 5 years is $488185.0, with a median of $76165.0 recorded in 2022.
• Year-over-year, Tax Provisions jumped 32600.0% in 2021 and tumbled 228.77% in 2023.
• Over 5 years, Tax Provisions stood at $304158.0 in 2019, then slumped by 83.11% to $51378.0 in 2020, then jumped by 6724.79% to $3.5 million in 2021, then slumped by 79.81% to $708000.0 in 2022, then jumped by 101.69% to $1.4 million in 2023.
• Per Business Quant data, the three most recent Tax Provisions figures were $1.4 million in Q4 2023, -$150000.0 in Q3 2023, and $166000.0 in Q2 2023.