Is DNA X, Inc. (SONM) Halal?

NASDAQ Technology United States $5M
✗ NOT HALAL
Confidence: 83/100
DNA X, Inc. (SONM) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.0% is acceptable, the cash and interest-bearing securities ratio of 77.4% exceeds the 30% threshold. DNA X, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
77.4%
/ 30%
168.5%
/ 30%
6.4%
/ 5%
✗ NOT HALAL
DJIM 0.0%
/ 33%
77.4%
/ 33%
168.5%
/ 33%
6.4%
/ 5%
✗ NOT HALAL
MSCI 0.0%
/ 33%
13.4%
/ 33%
29.3%
/ 33%
6.4%
/ 5%
✗ NOT HALAL
S&P 0.0%
/ 33%
77.4%
/ 33%
168.5%
/ 33%
6.4%
/ 5%
✗ NOT HALAL
FTSE 0.0%
/ 33%
13.4%
/ 33%
29.3%
/ 50%
6.4%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-100.98
P/B Ratio
-4.8
EV/EBITDA
-0.2
EV: $6M
Revenue
$58M
Growth: 7.9%
Beta
1.7
High volatility
Current Ratio
0.8

Profitability

Gross Margin 17.9%
Operating Margin -24.5%
Net Margin -56.5%
Return on Equity (ROE) -455.8%
Return on Assets (ROA) -44.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$8M
Free Cash Flow-$9M
Current Ratio0.8
Total Assets$40M

Price & Trading

Last Close$2.82
50-Day MA$5.01
200-Day MA$9.50
Avg Volume58K
Beta1.7
52-Week Range
$2.52
$61.00

About DNA X, Inc. (SONM)

CEO
Mr. Michael C. Mulica
Employees
131
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap
$5M
Currency
USD

DNA X, Inc. provides enterprise 5G solutions in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers ruggedized cell phones for task workers, which include Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; XP100 4G and XP400 5G professional rugged phones; XP Pro 5G rugged smartphones; and XP3plus 5G rugged flip phones. It also provides connected solutions comprising fixed wireless access and mobile hotspot devices, such as Sonim H100 low- and mid-range mobile hotspots; Sonim H700; and Sonim H500-series of 5G mobile hotspots. In addition, the company offers SonimWare software and industrial-grade accessories. It sells its products through wireless carriers, distributors of data devices, communications system integrators, and electronics resellers. The company serves the transportation and logistics, construction, manufacturing, facilities management, energy and utility, mining, federal government, and public safety sectors. The company was formerly known as Sonim Technologies, Inc. and changed its name to DNA X, Inc. in January 2026. DNA X, Inc. was incorporated in 1999 and is headquartered in San Diego, California.

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Frequently Asked Questions

Is DNA X, Inc. (SONM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DNA X, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DNA X, Inc.'s debt ratio?

DNA X, Inc.'s debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.

What are DNA X, Inc.'s key financial metrics?

DNA X, Inc. has a market capitalization of $5M, and revenue of $58M. The company maintains a gross margin of 17.9% and a net margin of -56.5%. Return on equity stands at -455.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.