Security
SMSI · SMITH MICRO SOFTWARE, INC.
SMSINASDAQCommon stockCurrentCIK 948708Updated Sep 24, 2026
Name history
SMITH MICRO SOFTWARE, INC. · through Sep 18, 2026SMITH MICRO SOFTWARE, INC · through Mar 22, 2019SMITH MICRO SOFTWARE INC · through Sep 28, 2018
SMSI price & chart
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NASDAQ:SMSI on TradingView ↗About the company
The Company was incorporated in California in November 1983 and reincorporated in Delaware in June 1995. Our principal executive offices are located at 5800 Corporate Drive, Pittsburgh, Pennsylvania 15237, and our telephone number is (412) 837-5300. Our website address is www.smithmicro.com, and we make our filings with the U.S. Securities and Exchange Commission (the “SEC”) available on the Investor Relations page of our website. Information contained on our website does not constitute a part of this Report. Our common stock is traded on the Nasdaq Capital Market under the symbol “SMSI.”
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Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 24,971,000Source | 48,046,000Source | 85,577,000Source | 103,581,000Source |
| Property, Plant and Equipment, NetUSD | 331,000Source | 538,000Source | 883,000Source | 1,498,000Source |
| GoodwillUSD | 0Source | 11,052,000Source | 35,041,000Source | 35,041,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,494,000Source | 2,808,000Source | 7,125,000Source | 14,026,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,817,000Source | 5,721,000Source | 7,912,000Source | 10,501,000Source |
| Assets, CurrentUSD | 4,529,000Source | 9,996,000Source | 16,880,000Source | 26,510,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,218,000Source | 1,467,000Source | 1,843,000Source | 1,983,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,119,000Source | 2,367,000Source | 2,759,000Source | 3,722,000Source |
| Other Assets, NoncurrentUSD | 500,000Source | 496,000Source | 482,000Source | 490,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 26,000Source | 18,000Source | 75,000Source | 56,000Source |
| Additional Paid in CapitalUSD | 403,107,000Source | — | — | — |
| Retained Earnings (Accumulated Deficit)USD | — | -354,645,000Source | -305,948,000Source | -281,552,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -384,743,000Source | — | — | — |
| Stockholders' Equity Attributable to ParentUSD | 18,390,000Source | 40,756,000Source | 75,390,000Source | 76,379,000Source |
| Additional Paid in Capital, Common StockUSD | — | 395,383,000Source | 381,263,000Source | 357,875,000Source |
| Liabilities and EquityUSD | 24,971,000Source | 48,046,000Source | 85,577,000Source | 103,581,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,119,000Source | 5,651,000Source | 7,642,000Source | 20,731,000Source |
| Operating Lease, Liability, CurrentUSD | 914,000Source | 1,279,000Source | 1,483,000Source | 1,441,000Source |
| Accounts Payable, CurrentUSD | 1,937,000Source | 1,738,000Source | 2,522,000Source | 3,236,000Source |
| Operating Lease, Liability, NoncurrentUSD | 417,000Source | 1,287,000Source | 1,780,000Source | 2,976,000Source |
| Deferred Income Tax Liabilities, NetUSD | 0Source | 128,000Source | 168,000Source | 178,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 0Source | 128,000Source | 168,000Source | 178,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -48,697,000Source | -24,396,000Source | -29,279,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 5,399,000Source | 6,285,000Source | 7,395,000Source | 1,200,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,609,000Source | 4,503,000Source | 4,835,000Source | 4,948,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -3,905,000Source | -2,191,000Source | -2,589,000Source | -85,000Source |
| Deferred Income Tax Expense (Benefit)USD | -128,000Source | -40,000Source | -10,000Source | 61,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -7,193,000Source | -14,295,000Source | -6,973,000Source | -19,261,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,199,000Source | 178,000Source | 132,000Source | 115,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | 0Source | -136,000Source | -164,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 88,000Source | — | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 4,680,000Source | 9,800,000Source | -60,000Source | 17,094,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 2,000Source | 5,000Source | -5,000Source | 58,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,314,000Source | -4,317,000Source | -6,901,000Source | -2,052,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 60,000Source | 0Source | 187,000Source | 253,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 5,105,000Source | — | — | — |
| Share-based Payment Arrangement, ExpenseUSD | 3,609,000Source | 4,503,000Source | 4,835,000Source | 4,949,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | 0Source | — | — |
| Amortization of Intangible AssetsUSD | 5,100,000Source | 5,900,000Source | 6,800,000Source | 6,312,000Source |
| DepreciationUSD | 293,000Source | 15,000Source | 50,000Source | — |
| Gain (Loss) on Disposition of AssetsUSD | 1,287,000Source | 0Source | -12,000Source | -4,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | -3,991,000Source | — |
| General and Administrative ExpenseUSD | 10,009,000Source | 10,583,000Source | 12,779,000Source | 16,161,000Source |
| GoodwillUSD | 0Source | 11,052,000Source | 35,041,000Source | 35,041,000Source |
| Goodwill, Impairment LossUSD | 11,052,000Source | 23,989,000Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | -76,000Source | -13,000Source | 158,000Source | 226,000Source |
| InterestExpenseNonoperatingUSD | 407,000Source | — | — | — |
| Inventory Write-downUSD | — | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -29,327,000Source | -48,697,000Source | -24,396,000Source | -29,279,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -30,096,000Source | — | — | — |
| Nonoperating Income (Expense)USD | -153,000Source | — | — | — |
| Operating ExpensesUSD | 41,869,000Source | 63,819,000Source | 48,358,000Source | 65,230,000Source |
| Other Nonoperating Income (Expense)USD | -164,000Source | 196,000Source | -52,000Source | -115,000Source |
| Payments of Financing CostsUSD | — | — | 0Source | 1,227,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 3,000,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 17,363,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 17,363,000Source | 20,555,000Source | 40,862,000Source | 48,513,000Source |
| Cost of RevenueUSD | — | 6,126,000Source | 10,559,000Source | 14,210,000Source |
| Operating Income (Loss)USD | -29,011,000Source | -49,390,000Source | -18,055,000Source | -30,927,000Source |
| Other Nonoperating Income (Expense)USD | -164,000Source | 196,000Source | -52,000Source | -115,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -29,403,000Source | -48,710,000Source | -24,238,000Source | -29,053,000Source |
| Income Tax Expense (Benefit)USD | -76,000Source | -13,000Source | 158,000Source | 226,000Source |
| Net Income (Loss) Attributable to ParentUSD | -29,327,000Source | -48,697,000Source | -24,396,000Source | -29,279,000Source |
| Earnings Per Share, BasicUSD per share | -1.46Source | -3.94Source | -0.38Source | -0.53Source |
| Earnings Per Share, DilutedUSD per share | -1.46Source | -3.94Source | -0.38Source | -0.53Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 20,605,000Source | 12,367,000Source | 64,916,000Source | 55,422,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 20,605,000Source | 12,367,000Source | 64,916,000Source | 55,422,000Source |
| Interest Expense (non-operating)USD | 407,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 5,100,000Source | 5,900,000Source | 6,800,000Source | 6,312,000Source |
| Current Income Tax Expense (Benefit)USD | 52,000Source | 27,000Source | 168,000Source | 165,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 5,398,000Source | 6,300,000Source | 7,345,000Source | 7,556,000Source |
| General and Administrative ExpenseUSD | 10,009,000Source | 10,583,000Source | 12,779,000Source | 16,161,000Source |
| Goodwill, Impairment LossUSD | 11,052,000Source | 23,989,000Source | 0Source | 0Source |
| Gross ProfitUSD | 12,858,000Source | 14,429,000Source | 30,303,000Source | 34,303,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | -48,791,000Source | -24,364,000Source | -29,539,000Source |
| Interest Income (Expense), NetUSD | — | — | -6,354,000Source | -2,680,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | 112,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -30,096,000Source | — | — | — |
| Nonoperating Income (Expense)USD | -153,000Source | — | — | — |
| Operating ExpensesUSD | 41,869,000Source | 63,819,000Source | 48,358,000Source | 65,230,000Source |
| Research and Development ExpenseUSD | 10,719,000Source | 14,085,000Source | 17,145,000Source | 29,870,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 17,363,000Source | — | — | — |
| Selling and Marketing ExpenseUSD | 5,978,000Source | 8,877,000Source | 11,089,000Source | 12,887,000Source |
Offerings
Registration 333-297376
Registration 333-295700
Registration 333-291949
Registration 333-289351
Filing attachments
smsi-20250331xex991.htm · 8-K · 2025-05-07
EX-99.1 2 smsi-20250331xex991.htm EX-99.1 Document Exhibit 99.1 IR INQUIRIES: Charles Messman Investor Relations 949-362-5800 IR@smithmicro.com Smith Micro Reports First Quarter 2025 Financial Results PITTSBURGH, PA, May 7, 2025 - Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2025. “During our first quarter, we continued executing on our initiatives with a sharpened focus on our lates…
Read attachment ↗smsi-20241231xex991.htm · 8-K · 2025-03-11
EX-99.1 2 smsi-20241231xex991.htm EX-99.1 Document Exhibit 99.1 IR INQUIRIES: Charles Messman Investor Relations 949-362-5800 IR@smithmicro.com Smith Micro Reports Fourth Quarter and Fiscal Year 2024 Financial Results PITTSBURGH, PA, March 11, 2025 - Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. “Looking back on 2024, it was a transformative year for Smith Mi…
Read attachment ↗