SmartKem, Inc. (SMTK)
NASDAQ: SMTK · Real-Time Price · USD
2.360
+0.010 (0.43%)
Sep 17, 2026, 4:00 PM EDT - Market closed
SmartKem Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -28.6 | -10.51 | -10.33 | -8.5 | -11.5 | -17.13 |
Depreciation & Amortization | 0.37 | 0.42 | 0.53 | 0.41 | 0.46 | 0.44 |
Stock-Based Compensation | 1.88 | 2.3 | 1.1 | 0.77 | 0.88 | 6.46 |
Other Operating Activities | 16.87 | -2.55 | -0.03 | -1.39 | 1.78 | 0.81 |
Change in Accounts Receivable | -0 | -0 | 0.27 | -0.23 | -0.03 | 0.02 |
Change in Accounts Payable | 1.4 | 2.81 | 0.5 | 0.46 | -0.39 | 0.58 |
Change in Income Taxes | - | - | - | -0.02 | 0.02 | - |
Change in Other Net Operating Assets | 0.32 | -0.2 | -0.14 | 0.46 | -0.28 | -0.91 |
Operating Cash Flow | -5.01 | -7.74 | -8.1 | -8.04 | -9.05 | -9.73 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -0.12 | -0.12 | -0.08 | -0.02 | -0.08 | -0.34 |
Investing Cash Flow | -7.48 | -0.12 | -0.08 | -0.02 | -0.08 | -0.34 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | - | 0.74 |
Long-Term Debt Issued | - | 1 | - | - | - | - |
Total Debt Issued | 3.63 | 1 | - | - | - | 0.74 |
Short-Term Debt Repaid | - | - | - | - | - | -0.74 |
Total Debt Repaid | -1.21 | - | - | - | - | -0.74 |
Net Debt Issued (Repaid) | 2.41 | 1 | - | - | - | - |
Issuance of Common Stock | 4.91 | - | 7.67 | 0.03 | 2 | 24.66 |
Other Financing Activities | -1.8 | - | -1.14 | 0.28 | -0.17 | -2.45 |
Financing Cash Flow | 14.15 | 1 | 6.53 | 12.69 | 1.83 | 22.2 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.87 | 0.09 | -0.06 | -0.04 | -0.69 | -0.67 |
Net Cash Flow | 2.54 | -6.77 | -1.7 | 4.6 | -7.99 | 11.46 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -5.13 | -7.86 | -8.17 | -8.06 | -9.13 | -10.07 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -775.08% | -1127.55% | -9964.63% | -29833.33% | -22820.00% | -55938.89% |
Free Cash Flow Per Share | -18.36 | -48.17 | -125.32 | -299.46 | -551.27 | -698.32 |
Levered Free Cash Flow | -39.57 | -2.88 | -3.91 | -4.17 | -5.36 | -2.86 |
Unlevered Free Cash Flow | -39.67 | -2.83 | -3.91 | -4.17 | -5.36 | -2.85 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | - | - | - | - | - | 0.02 |
Change in Working Capital | 1.72 | 2.61 | 0.63 | 0.67 | -0.68 | -0.31 |