SmartRent, Inc. (SMRT)

SmartRent Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	105.04	142.48	215.21	210.41	430.84	38.62
Cash & Short-Term Investments	105.04	142.48	215.21	210.41	430.84	38.62
Cash Growth	-43.96%	-33.79%	2.28%	-51.16%	1015.65%	80.26%
Receivables	58.57	59.3	61.9	62.44	45.49	20.79
Inventory	33.35	35.26	41.58	75.73	33.21	17.63
Prepaid Expenses	7.76	7.87	7.14	5.04	15.08	3.28
Restricted Cash	-	-	0.5	7.06	1.27	-
Other Current Assets	12.82	12.74	14.01	17.68	10.12	7.35
Total Current Assets	217.54	257.65	340.34	378.36	536.01	87.66
Property, Plant & Equipment	8.94	6.26	3.95	6.04	4.8	1.77
Long-Term Investments	-	-	2.25	-	-	-
Goodwill	92.34	117.27	117.27	117.27	12.67	4.16
Other Intangible Assets	31.43	32.84	32.88	34.19	3.59	-
Long-Term Deferred Charges	0.91	3.07	11.25	22.51	18.33	10.07
Other Long-Term Assets	2.8	3.09	1.82	2.49	4.29	0.19
Total Assets	353.97	420.18	509.76	560.85	579.68	103.85
Accounts Payable	11.66	8.72	15.08	18.36	6.15	2.28
Accrued Expenses	26.2	21.3	16.95	22.73	12.3	5.28
Current Portion of Long-Term Debt	-	-	-	-	-	1.65
Current Portion of Leases	-	0.59	-	-	-	-
Current Unearned Revenue	37.81	35.07	77.26	80.02	42.19	19.35
Other Current Liabilities	4.39	5.35	8.03	11.67	9.93	4.28
Total Current Liabilities	80.06	71.03	117.31	132.78	70.57	32.83
Long-Term Debt	-	-	-	-	-	3.17
Long-Term Leases	6.42	7.02	-	-	-	-
Long-Term Unearned Revenue	28.55	52.59	45.9	59.93	53.41	34.15
Other Long-Term Liabilities	0.1	0.1	4.1	3.94	6.2	0.52
Total Liabilities	115.12	130.74	167.31	196.65	130.18	70.67
Common Stock	0.02	0.02	0.02	0.02	0.02	-
Additional Paid-In Capital	642.01	637.36	628.16	615.28	604.08	4.16
Retained Earnings	-403.81	-347.85	-285.51	-250.93	-154.6	-82.64
Comprehensive Income & Other	0.63	-0.1	-0.22	-0.18	0.01	0.24
Total Common Equity	238.85	289.44	342.45	364.2	449.5	-78.25
Shareholders' Equity	238.85	289.44	342.45	364.2	449.5	33.18
Total Liabilities & Equity	353.97	420.18	509.76	560.85	579.68	103.85
Total Debt	6.42	7.61	-	-	-	4.82
Net Cash (Debt)	98.63	134.87	215.21	210.41	430.84	33.8
Net Cash Growth	-47.38%	-37.33%	2.28%	-51.16%	1174.75%	803.69%
Net Cash Per Share	0.51	0.68	1.07	1.08	5.77	3.93
Filing Date Shares Outstanding	188.07	192.7	203.87	199.25	194.07	2.63
Total Common Shares Outstanding	188.06	192.05	203.33	198.53	193.86	2.12
Working Capital	137.48	186.62	223.03	245.58	465.44	54.83
Book Value Per Share	1.27	1.51	1.68	1.83	2.32	-36.84
Tangible Book Value	115.08	139.33	192.3	212.74	433.25	-82.41
Tangible Book Value Per Share	0.61	0.73	0.95	1.07	2.23	-38.80
Machinery	3.5	3.44	3.14	2.99	2.39	1.1
Leasehold Improvements	5.17	2.19	0.72	0.7	0.28	0.1

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q