Smith Micro Software, Inc. financial data

Symbol
SMSI on Nasdaq
Industry
Services-Prepackaged Software
Location
5800 Corporate Drive, Pittsburgh, PA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 163 % +23.2%
Return On Equity -101 % -198%
Return On Assets -85 % -222%
Operating Margin -209 % -368%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17.7M shares -75.3%
Common Stock, Shares, Outstanding 11.9M shares -83.2%
Entity Public Float 65M USD -46.2%
Common Stock, Value, Issued 12K USD -82.9%
Weighted Average Number of Shares Outstanding, Basic 11.8M shares +40.5%
Weighted Average Number of Shares Outstanding, Diluted 11.8M shares +40.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 24.2M USD -44.6%
Research and Development Expense 15.2M USD -23.7%
Selling and Marketing Expense 9.66M USD -18.3%
General and Administrative Expense 11.5M USD -11.7%
Operating Income (Loss) -50.6M USD -159%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -50.8M USD -99.5%
Income Tax Expense (Benefit) 172K USD -1.15%
Net Income (Loss) Attributable to Parent -51M USD -98.8%
Earnings Per Share, Basic -2.55 USD/shares -3.66%
Earnings Per Share, Diluted -2.55 USD/shares -3.66%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.51M USD -81.1%
Accounts Receivable, after Allowance for Credit Loss, Current 3.41M USD -66.9%
Assets, Current 6.42M USD -69.7%
Property, Plant and Equipment, Net 615K USD -38.4%
Operating Lease, Right-of-Use Asset 2.66M USD -1.08%
Goodwill 11.1M USD -68.5%
Other Assets, Noncurrent 504K USD +6.11%
Assets 46.2M USD -50%
Accounts Payable, Current 2.05M USD -32.3%
Contract with Customer, Liability, Current 200K USD -33.3%
Liabilities, Current 6.41M USD -47.4%
Deferred Income Tax Liabilities, Net 168K USD -5.62%
Operating Lease, Liability, Noncurrent 1.71M USD -4.53%
Retained Earnings (Accumulated Deficit) -350M USD -17%
Stockholders' Equity Attributable to Parent 37.7M USD -50.9%
Liabilities and Equity 46.2M USD -50%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.35M USD +74.8%
Net Cash Provided by (Used in) Financing Activities 181K USD +503%
Net Cash Provided by (Used in) Investing Activities 194K USD -93.5%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 11.9M shares -83.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -970K USD +81.7%
Deferred Tax Assets, Valuation Allowance 58.5M USD -6.7%
Deferred Tax Assets, Gross 58.4M USD -6.75%
Operating Lease, Liability 2.93M USD -8.91%
Depreciation 24K USD -60%
Lessee, Operating Lease, Liability, to be Paid 3.22M USD -9.2%
Property, Plant and Equipment, Gross 8.9M USD -38.9%
Operating Lease, Liability, Current 1.23M USD -14.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 958K USD -17%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.46M USD -3.38%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +15.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 283K USD -12.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 376K USD -20.7%
Deferred Tax Assets, Operating Loss Carryforwards 41.6M USD -14%
Unrecognized Tax Benefits 412K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 62K USD
Amortization of Intangible Assets 6.9M USD +13.1%
Depreciation, Depletion and Amortization 7.39M USD +9.32%
Share-based Payment Arrangement, Expense 5.04M USD +14.2%