SOCKET MOBILE, INC. — Regulatory Filings 2010

Apr 1, 2010

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| SEC
FILE NUMBER |
| --- |
| 001-13810 |
| CUSIP
NUMBER |
| 83368E200 |

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

(Check one):
For Period
Ended:	DECEMBER 31, 2009
[
] Transition Report on Form 10-K
[
] Transition Report on Form 20-F
[
] Transition Report on Form 11-K
[
] Transition Report on Form 10-Q
[
] Transition Report on Form N-SAR
For
the Transition Period Ended:

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I - REGISTRANT INFORMATION

Socket Mobile, Inc.

Full Name of Registrant

Former Name if Applicable

39700 Eureka Drive

Address of Principal Executive Office ( Street and Number )

Newark, CA 94560

City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

[X]
(a)	The reasons described in reasonable
detail in Part III of this form could not be eliminated without unreasonable
effort or expense;
(b)	The subject annual report, semi-annual
report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR
or Form N-CSR, or portion thereof, will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject quarterly
report of transition report on Form 10-Q or subject distribution report
on Form 10-D, or portion thereof, will be filed on or before the fifth
calendar day following the prescribed due date; and
(c)	The accountant's statement or
other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why Forms 10 K, 20 F, 11 K, 10 Q, 10-D, N SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Socket Mobile, Inc. (the "Company") and its independent registered public accountants (the "Auditors") engaged to audit the financial statements required to be filed with the Annual Report on Form 10-K (the "Annual Report") of the Company need additional time to complete certain reviews and analyses that could have an impact on its financial statements and related disclosures to be included in the Annual Report. The delay in completing the audit could not be eliminated by the Company without unreasonable effort or expense. Accordingly, the Company was unable to file the Annual Report on a timely basis. The Company believes it will be able to file the Annual Report for the year ended December 31, 2009 within the 15-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended.

PART IV - OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

| David
W. Dunlap | (510) | 933-3000 |
| --- | --- | --- |
| (Name) | (Area Code) | (Telephone Number) |

(2)
Yes [X] No [
]

(3)
Yes [X] No [
]

| If so, attach an explanation of the anticipated change,
both narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made. |
| --- |
| Based on indicators in the fourth quarter of 2009 the
Company has been performing additional impairment testing with respect
to the Company's goodwill with the assistance of a third party valuation
specialist. The Company is using the two step test as required to assess
goodwill for impairment. The preliminary results of the goodwill impairment
analysis show that the estimated fair value of the Company's goodwill
is $4.4 million which exceeds the carrying value by $5.4 million. As
a result, the Company anticipates recording an estimated goodwill impairment
charge of approximately $5.4 million as of December 31, 2009. Due to the estimated goodwill impairment charge, the Company anticipates
that it will report a net loss of approximately $7.9 million for the
year ended December 31, 2009, or $2.21 per share, as compared to a net
loss of $2.8 million for the year ended December 31, 2008, or a loss
of $0.86 per share. This differs from the financial results previously
reported by the Company in its press release of February 18, 2010. The Company is in the process of finalizing the goodwill impairment
analysis with the assistance of a third party specialist and any adjustment
to the estimated goodwill impairment will be recognized in the quarter
ending March 31, 2010. In addition, the Company anticipates that the Auditor's report on the
Company's financial statements will include explanatory language expressing
doubt about the Company's ability to continue as a going concern. Note: This Notification of Late Filing on Form 12b-25 contains forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These statements can be identified by the use of forward-looking
terminology such as "believe," "expect," "anticipate,"
"plan," "intend," "foresee," "should,"
"would," "could" or other similar expressions. Statements
contained in this Form 12b-25 are based upon information presently available
to the registrant and assumptions that it believes to be reasonable.
Except as required by law, the registrant is not assuming any duty to
update this information should those facts change or should it no longer
believe the assumptions to be reasonable. Investors are cautioned that
all such statements involve risks and uncertainties, including without
limitation, statements concerning the filing of the 2009 Form 10-K.
The registrant's actual decisions, performance, and results may differ
materially. |

Socket Mobile, Inc. (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date
David W. Dunlap
Vice President of Finance and
Administration and Chief Financial Officer (Principal Financial Officer)