Smith Micro Software, Inc. financial data

Symbol
SMSI on Nasdaq
Industry
Services-Prepackaged Software
Location
5800 Corporate Drive, Pittsburgh, Pennsylvania
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 165 % +6.8%
Return On Equity -71.3 % -95.9%
Return On Assets -59.2 % -109%
Operating Margin -119 % -80.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.6 M shares -83.6%
Common Stock, Shares, Outstanding 9.6 M shares -84.2%
Entity Public Float 65 M USD -46.2%
Common Stock, Value, Issued 10 K USD -83.6%
Weighted Average Number of Shares Outstanding, Basic 9.47 M shares +32.9%
Weighted Average Number of Shares Outstanding, Diluted 9.47 M shares +32.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 35.7 M USD -23.5%
Research and Development Expense 15.3 M USD -45.5%
Selling and Marketing Expense 10.1 M USD -24.6%
General and Administrative Expense 12.1 M USD -19.9%
Operating Income (Loss) -42.6 M USD -38.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -48.3 M USD -66.9%
Income Tax Expense (Benefit) 188 K USD -13%
Net Income (Loss) Attributable to Parent -48.5 M USD -66.4%
Earnings Per Share, Basic -2.69 USD/shares -96.4%
Earnings Per Share, Diluted -2.69 USD/shares -96.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.16 M USD -29.4%
Accounts Receivable, after Allowance for Credit Loss, Current 4.3 M USD -61.6%
Assets, Current 12.3 M USD -47.2%
Property, Plant and Equipment, Net 790 K USD -37.9%
Operating Lease, Right-of-Use Asset 3.15 M USD -6.84%
Goodwill 11.1 M USD -68.5%
Other Assets, Noncurrent 480 K USD -1.44%
Assets 55.4 M USD -43.6%
Accounts Payable, Current 2.22 M USD -28.9%
Contract with Customer, Liability, Current 200 K USD -33.3%
Liabilities, Current 7.19 M USD -64.5%
Deferred Income Tax Liabilities, Net 168 K USD -5.62%
Operating Lease, Liability, Noncurrent 2.23 M USD -14.1%
Retained Earnings (Accumulated Deficit) -337 M USD -16.8%
Stockholders' Equity Attributable to Parent 45.4 M USD -38.5%
Liabilities and Equity 55.4 M USD -43.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.35 M USD +74.8%
Net Cash Provided by (Used in) Financing Activities 181 K USD +503%
Net Cash Provided by (Used in) Investing Activities 194 K USD +6367%
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 9.6 M shares -84.2%
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 -970 K USD +81.7%
Deferred Tax Assets, Valuation Allowance 58.5 M USD -6.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 58.4 M USD -6.75%
Operating Lease, Liability 3.5 M USD -13.5%
Depreciation 42 K USD -51.7%
Lessee, Operating Lease, Liability, to be Paid 3.87 M USD -19.8%
Property, Plant and Equipment, Gross 8.9 M USD -38.9%
Operating Lease, Liability, Current 1.27 M USD -12.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 906 K USD -22%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.4 M USD -7.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.1%
Deferred Income Tax Expense (Benefit) -10 K USD -116%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 374 K USD -52.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 359 K USD -25.1%
Deferred Tax Assets, Operating Loss Carryforwards 41.6 M USD -14%
Deferred Federal Income Tax Expense (Benefit) 9 K USD -62.5%
Current Income Tax Expense (Benefit) 168 K USD +1.82%
Unrecognized Tax Benefits 412 K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 61 K USD
Current State and Local Tax Expense (Benefit) 14 K USD +75%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 7.1 M USD +14.5%
Depreciation, Depletion and Amortization 7.62 M USD +4.7%
Share-based Payment Arrangement, Expense 5.03 M USD +4.1%
Deferred State and Local Income Tax Expense (Benefit) -19 K USD -151%