SmartKem, Inc. financial data

Symbol
SMTK on Nasdaq
Location
Manchester Technology Center, Hexagon Tower, Delaunays Road, Blackley, Manchester, United Kingdom
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2025 - May 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 276 % -53.9%
Debt-to-equity 51.8 % +44.7%
Return On Equity -250 % -186%
Return On Assets -165 % -156%
Operating Margin -37K % -52.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.62M shares +167%
Common Stock, Shares, Outstanding 3.62M shares +162%
Entity Public Float 9.71M USD +195%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 6.65M shares +143%
Weighted Average Number of Shares Outstanding, Diluted 6.65M shares +143%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 23K USD
Cost of Revenue 1K USD
Research and Development Expense 5.33M USD -3.98%
Operating Income (Loss) -11.2M USD -12.8%
Nonoperating Income (Expense) 361K USD -79.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.8M USD -32.5%
Income Tax Expense (Benefit) -25K USD
Net Income (Loss) Attributable to Parent -10.8M USD -32.2%
Earnings Per Share, Basic -3 USD/shares +56.1%
Earnings Per Share, Diluted -3 USD/shares +56.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.88M USD -46.5%
Accounts Receivable, after Allowance for Credit Loss, Current 268K USD +793%
Assets, Current 5.64M USD -38.3%
Property, Plant and Equipment, Net 220K USD -43.3%
Operating Lease, Right-of-Use Asset 54K USD -75.8%
Other Assets, Noncurrent 6K USD -14.3%
Assets 5.91M USD -39.4%
Accounts Payable, Current 738K USD -37.5%
Contract with Customer, Liability, Current 500K USD
Liabilities, Current 2.1M USD -18.5%
Operating Lease, Liability, Noncurrent 21K USD +425%
Liabilities 2.12M USD -33.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.11M USD -32.2%
Retained Earnings (Accumulated Deficit) -117M USD -12.4%
Stockholders' Equity Attributable to Parent 3.79M USD -42.2%
Liabilities and Equity 5.91M USD -39.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.34M USD -112%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 3.62M shares +162%
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 -3.26M USD -106%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.88M USD -46.5%
Deferred Tax Assets, Valuation Allowance 12.6M USD +14.7%
Operating Lease, Liability 45K USD -74.7%
Depreciation 56K USD -11.1%
Lessee, Operating Lease, Liability, to be Paid 49K USD -73.7%
Property, Plant and Equipment, Gross 1.82M USD +7.06%
Operating Lease, Liability, Current 24K USD -86.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 22K USD +15.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +79.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4K USD -50%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5K USD
Deferred Tax Assets, Operating Loss Carryforwards 12.4M USD +13.6%
Preferred Stock, Shares Issued 856 shares -76.2%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 29K USD -58%
Additional Paid in Capital 123M USD +9.5%
Preferred Stock, Shares Outstanding 856 shares -76.2%
Share-based Payment Arrangement, Expense 993K USD +87%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%