For the quarter ending 2025-09-30, SMSI made $4,347K in revenue. -$5,170K in net income. Net profit margin of -118.93%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenues | 4,347 | 4,420 | 4,621 | 4,648 |
| Cost of revenues (including depreciation of 1 and 6 in the three months ended march 31, 2025 and 2024, respectively) | - | - | 1,258 | 1,321 |
| Cost of revenues (including depreciation of 0, 3, 1, and 14 in the three and nine months ended september 30, 2025 and 2024, respectively) | 1,136 | 1,171 | - | - |
| Gross profit | 3,211 | 3,249 | 3,363 | 3,327 |
| Selling and marketing | 1,478 | 1,665 | 1,643 | 2,060 |
| Research and development | 2,603 | 2,752 | 2,857 | 3,637 |
| General and administrative | 2,268 | 2,671 | 2,724 | 2,715 |
| Depreciation and amortization | 1,347 | 1,349 | - | - |
| Gain on sale of viewspot, net | 0 | 1,287 | - | - |
| Depreciation and amortization | - | - | 1,349 | 1,422 |
| Goodwill impairment | 0 | 11,052 | - | - |
| Total operating expenses | 7,696 | 18,202 | 8,573 | 9,834 |
| Operating loss | -4,485 | -14,953 | -5,210 | -6,507 |
| Interest (expense) income, net | - | - | -25 | -12 |
| Change in fair value of warrant liabilities | -34 | 20 | -123 | - |
| Change in fair value of warrant and derivative liabilities | - | - | - | 221 |
| Interest (expense) income, net | 66 | 22 | - | - |
| Other (expense) income, net | -18 | -67 | -65 | -71 |
| Loss before provision for income tax | -4,535 | -15,062 | -5,177 | -6,369 |
| Provision for income tax expense | 0 | 0 | 1 | - |
| Net loss | -4,535 | -15,062 | -5,178 | -6,369 |
| Deemed dividend | 635 | - | - | - |
| Net loss attributable to common stockholders for basic and diluted loss per share | -5,170 | - | - | - |
| Basic (in dollars per share) | -0.25 | -0.78 | -0.28 | -0.54 |
| Diluted (in dollars per share) | -0.25 | -0.78 | -0.28 | -0.54 |
| Us-gaap_weightedaveragenumberofdilutedsharesoutstanding | 20,977,000 | 19,417,000 | 18,216,000 | 11,832,000 |
| Weighted average shares outstanding basic (in shares) | 20,977,000 | 19,417,000 | 18,216,000 | 11,832,000 |
SMITH MICRO SOFTWARE, INC. (SMSI)
SMITH MICRO SOFTWARE, INC. (SMSI)