| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Revenue | 115,854 | - |
| Cost of revenue | 80,055 | - |
| Gross profit | 35,799 | - |
| Operating expenses excluding stock compensation and depreciation and amortization | 60,639 | - |
| Stock compensation | 6,597 | - |
| Depreciation and amortization | 3,635 | - |
| Total operating expense | 70,871 | - |
| Impairment charge | 24,929 | - |
| Loss from operations | -60,001 | - |
| Other segment items | -2,687 | - |
| Net loss | -57,314 | -51,044 |
| Depreciation and amortization | 6,210 | 4,009 |
| Goodwill impairment | 24,929 | 24,929 |
| Provision for warranty expense | 618 | 497 |
| Non-cash lease expense | 599 | 449 |
| Stock-based compensation | 7,081 | 4,997 |
| Change in fair value of earnout related to acquisition | -294 | -294 |
| Non-cash interest expense | 104 | 72 |
| Provision for excess and obsolete inventory | 3,852 | 594 |
| Provision for expected credit losses | -328 | 141 |
| Accounts receivable | -7,861 | -897 |
| Inventory | -3,390 | -1,378 |
| Deferred cost of revenue | -7,071 | -5,108 |
| Prepaid expenses and other assets | 4,617 | 2,821 |
| Accounts payable | 1,950 | 2,914 |
| Accrued expenses and other liabilities | -1,131 | 2,584 |
| Deferred revenue | -28,911 | -21,311 |
| Lease liabilities | -302 | -198 |
| Net cash used in operating activities | -29,232 | -27,099 |
| Purchase of property and equipment | 3,552 | 3,462 |
| Capitalized software costs | 3,389 | 2,388 |
| Net cash used in investing activities | -6,941 | -5,850 |
| Payments for repurchases of class a common stock | 4,918 | 4,918 |
| Proceeds from espp purchases | 285 | 175 |
| Taxes paid related to net share settlements of stock-based compensation awards | 897 | 523 |
| Payment of earnout related to acquisition | 1,466 | - |
| Net cash used in financing activities | -6,996 | -5,266 |
| Effect of exchange rate changes on cash and cash equivalents | 709 | 777 |
| Net decrease in cash, cash equivalents, and restricted cash | -42,460 | -37,438 |
| Cash and cash equivalents at beginning of period | 142,482 | - |
| Cash and cash equivalents at end of period | 100,022 | - |
SmartRent, Inc. (SMRT)
SmartRent, Inc. (SMRT)