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

Socket Mobile has reported Tax Provisions for 9 years, with the latest figure at $1.4 million in Q4 2023.

• For the quarter ending Q4 2023, Tax Provisions rose 101.69% year-over-year to $1.4 million; the trailing twelve-month figure through Dec 2023 stood at $2.2 million (up 128.7% YoY), and the FY2025 full-year result was -$10.7 million, down 2035.28% from the prior year.
• Tax Provisions for Q4 2023 stood at $1.4 million, up from -$150000.0 in the prior quarter.
• The five-year high for Tax Provisions was $3.5 million in Q4 2021, with the low at -$150000.0 in Q3 2023.
• Historically, Tax Provisions has averaged $488185.0 across 5 years, with a median of $76165.0 in 2022.
• Annual changes were most pronounced in 2021 — Tax Provisions surged 32600.0% — and 2023, when it sank 228.77%.
• Socket Mobile's Tax Provisions stood at $304158.0 in 2019, then tumbled by 83.11% to $51378.0 in 2020, then jumped by 6724.79% to $3.5 million in 2021, then tumbled by 79.81% to $708000.0 in 2022, then jumped by 101.69% to $1.4 million in 2023.
• The last three Tax Provisions figures came in at $1.4 million (Q4 2023), -$150000.0 (Q3 2023), and $166000.0 (Q2 2023), per Business Quant data.