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SMITH MICRO SOFTWARE, INC. (SMSI)

For the quarter ending 2025-06-30, SMSI made $4,420K in revenue. -$15,062K in net income. Net profit margin of -340.77%.

Overview

Revenue
$4,420K
Net Income
-$15,062K
Net Profit Margin
-340.77%
EPS
-$0.78
Unit: Thousand (K) dollars
Revenue Breakdown
    • Cloud Based Usage Fees
    • License And Service
    • Hosted Environment Usage Fees
    • Consulting Services And Other

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenues4,420 4,621 4,648 5,140
Cost of revenues (including depreciation of 0, 4, 1, and 11 in the three and six months ended june 30, 2025 and 2024, respectively)1,171 - - -
Cost of revenues (including depreciation of 1 and 6 in the three months ended march 31, 2025 and 2024, respectively)- 1,258 1,321 1,607
Gross profit3,249 3,363 3,327 3,533
Depreciation and amortization- 1,349 1,422 1,541
Selling and marketing1,665 1,643 2,060 2,529
Research and development2,752 2,857 3,637 3,702
Goodwill impairment11,052 - - -
General and administrative2,671 2,724 2,715 2,740
Gain on sale of viewspot, net1,287 - - -
Depreciation and amortization1,349 - - -
Total operating expenses18,202 8,573 9,834 10,512
Operating loss-14,953 -5,210 -6,507 -6,979
Interest (expense) income, net22 - - -
Change in fair value of warrant liabilities20 -123 - -
Other (expense) income, net-67 -65 -71 -18
Interest (expense) income, net- -25 -12 26
Change in fair value of warrant and derivative liabilities- - 221 42
Loss before provision for income tax provision-15,062 -5,177 -6,369 -6,929
Provision for income tax expense- 1 - -
Net loss-15,062 -5,178 -6,369 -6,929
Basic (in dollars per share)-0.78 -0.28 -0.54 -0.66
Diluted (in dollars per share)-0.78 -0.28 -0.54 -0.66
Weighted average shares outstanding basic (in shares)19,417,000 18,216,000 11,832,000 10,567,000
Weighted average shares outstanding diluted (in shares)19,417,000 18,216,000 11,832,000 10,567,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net loss-$15,062K (-117.38%↓ Y/Y)Cloud Based Usage Fees$2,835K Consulting Services AndOther$13K Hosted EnvironmentUsage Fees$777K License And Service$795K Loss beforeprovision for income tax...-$15,062K (-117.38%↓ Y/Y)Revenues$4,420K (-14.01%↓ Y/Y)Change in fair value ofwarrant liabilities$20K Interest (expense)income, net$22K Operating loss-$14,953K (-114.26%↓ Y/Y)Other (expense)income, net-$67K (-272.22%↓ Y/Y)Gross profit$3,249K (-8.04%↓ Y/Y)Cost of revenues(including depreciation of...$1,171K Total operatingexpenses$18,202K (73.15%↑ Y/Y)Gain on sale ofviewspot, net$1,287K Depreciation andamortization$1,349K General andadministrative$2,671K (-2.52%↓ Y/Y)Goodwill impairment$11,052K Research and development$2,752K (-25.66%↓ Y/Y)Selling and marketing$1,665K (-34.16%↓ Y/Y)