Smith Micro Software, Inc. (SMSI)

Smith Micro Software 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.39	2.81	7.13	14.03	16.08	25.75
Cash & Short-Term Investments	1.39	2.81	7.13	14.03	16.08	25.75
Cash Growth	-7.62%	-60.59%	-49.20%	-12.76%	-37.57%	-8.89%
Accounts Receivable	2.58	5.72	7.91	10.5	10.59	12.35
Receivables	2.58	5.72	7.91	10.5	10.59	12.35
Prepaid Expenses	1.09	1.47	1.84	1.98	1.99	1.19
Total Current Assets	5.06	10	16.88	26.51	28.66	39.29
Property, Plant & Equipment	1.81	2.91	3.64	5.22	7.56	7.96
Goodwill	-	11.05	35.04	35.04	35.04	12.27
Other Intangible Assets	19.77	23.6	29.53	36.32	42.63	12.7
Other Long-Term Assets	0.49	0.5	0.48	0.49	0.62	0.69
Total Assets	27.13	48.05	85.58	103.58	114.51	72.9
Accounts Payable	2.28	1.74	2.52	3.24	3.3	2.28
Accrued Expenses	1.6	1.69	2.5	3.88	4.05	3.08
Current Portion of Long-Term Debt	-	-	-	9.01	-	-
Current Portion of Leases	1.14	1.28	1.48	1.44	1.4	1.43
Current Unearned Revenue	-	-	-	-	-	1.57
Other Current Liabilities	0.78	0.94	1.14	3.16	0.61	-
Total Current Liabilities	6.52	5.65	7.64	20.73	9.37	8.37
Long-Term Leases	0.5	1.29	1.78	2.98	4.47	4.81
Long-Term Deferred Tax Liabilities	0.13	0.13	0.17	0.18	0.12	0.06
Other Long-Term Liabilities	0.09	0.22	0.6	3.32	-	0.95
Total Liabilities	7.24	7.29	10.19	27.2	13.95	14.19
Common Stock	0.02	0.02	0.01	0.06	0.05	0.04
Additional Paid-In Capital	399.92	395.38	381.33	357.88	352.78	279.91
Retained Earnings	-380.05	-354.65	-305.95	-281.55	-252.27	-221.23
Shareholders' Equity	19.89	40.76	75.39	76.38	100.56	58.72
Total Liabilities & Equity	27.13	48.05	85.58	103.58	114.51	72.9
Total Debt	2.37	2.57	3.26	13.42	5.87	6.24
Net Cash (Debt)	-0.98	0.24	3.86	0.6	10.21	19.52
Net Cash Growth	-	-93.73%	541.53%	-94.10%	-47.68%	-8.26%
Net Cash Per Share	-0.05	0.02	0.48	0.09	1.59	3.65
Filing Date Shares Outstanding	21.59	17.77	9.37	7.33	6.79	5.28
Total Common Shares Outstanding	21.48	17.67	9.35	7.02	6.78	5.15
Working Capital	-1.46	4.35	9.24	5.78	19.29	30.92
Book Value Per Share	0.93	2.31	8.06	10.87	14.83	11.39
Tangible Book Value	0.12	6.11	10.82	5.02	22.89	33.75
Tangible Book Value Per Share	0.01	0.35	1.16	0.71	3.37	6.55
Machinery	-	7.43	7.46	11.18	-	10.53
Construction In Progress	-	-	-	-	-	0.02
Leasehold Improvements	-	1.44	1.44	3.38	-	2.96

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q