SMSI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, SMSI has $25,794K in assets. $1,742K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	1,742	1,494	1,394	1,401
Accounts receivable	2,902	1,817	2,577	2,867
Prepaid expenses and other current assets	1,321	1,218	1,088	1,597
Total current assets	5,965	4,529	5,059	5,865
Equipment and improvements, net	274	331	372	423
Right-of-use assets	1,741	1,119	1,437	1,754
Other assets	499	500	493	496
Intangible assets, net	17,315	18,492	19,768	21,044
Goodwill	-	0	0	0
Total assets	25,794	24,971	27,129	29,582

Accounts payable	1,567	1,937	2,279	1,766
Accrued payroll and benefits	1,418	1,488	1,597	1,820
Current operating lease liabilities	722	914	1,137	1,418
Other current liabilities	649	773	778	1,269
Notes payable, net of discount	0	1,007	731	-
Total current liabilities	4,356	6,119	6,522	6,273
Warrant liabilities	41	45	87	121
Convertible notes payable	1,901	-	-	-
Operating lease liabilities	1,154	417	501	646
Deferred tax liabilities, net	-	0	128	128
Total non-current liabilities	3,096	462	716	895
Common stock, par value 0.001 per share 100,000,000 shares authorized 25,609,766 and 25,798,092 shares issued and outstanding at 2026 and 2025, respectively	26	26	21	19
Additional paid-in capital	406,956	403,107	399,924	397,280
Accumulated comprehensive deficit	-388,640	-384,743	-380,054	-374,885
Total stockholders equity	18,342	18,390	19,891	22,414
Total liabilities and stockholders' equity	25,794	24,971	27,129	29,582

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.