SMSI: the cash flow

MyFinsight

For the quarter ending 2026-03-31, SMSI had $248K increase in cash & cash equivalents over the period. -$3,763K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net loss	-3,897	-4,553	-4,534	-20,240
Depreciation and amortization	1,246	1,353	1,348	2,698
Goodwill impairment	-	0	0	11,052
Gain on sale of viewspot, net	-	0	0	1,287
Non-cash lease expense	-78	11	-108	110
Change in fair value of warrant liabilities	-3	-42	-34	-103
Amortization of debt discount and financing issuance costs	431	219	20	-
Deferred income taxes	-	-128	-	-
Provision for credit losses	-172	-	69	103
Gain on license of patents, net	-	0	0	0
Stock based compensation	586	781	645	2,183
Accounts receivable	1,085	-933	79	-3,051
Prepaid expenses and other assets	103	135	-510	128
Accounts payable, accrued, and other liabilities	-849	-453	26	-309
Net cash used in operating activities	-3,752	-2,186	-2,137	-2,870
Proceeds from sale of viewspot, net	-	0	300	987
Capital expenditures, net	11	36	21	31
Proceeds from license of patents, net	-	0	0	0
Net cash used in investing activities	-11	-36	279	956
Issuance of common stock and warrants in connection with common stock offering, net of issuance costs	-	2,386	966	0
Issuance of notes payable and warrants	-	100	1,233	-
Proceeds from convertible notes, notes payable and warrants offerings	4,000	-	-	-
Proceeds from financing arrangements	263	0	0	933
Repayments of financing arrangements	252	164	348	428
Other financing activities	0	0	0	2
Net cash provided by financing activities	4,011	2,322	1,851	507
Net increase (decrease) in cash and cash equivalents	248	100	-7	-1,407
Cash and cash equivalents, beginning of period	1,494	1,394	2,808	-
Cash and cash equivalents, end of period	1,742	1,494	1,394	-

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