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SmartKem, Inc. (SMTK)

SmartKem, Inc. (SMTK)

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Balance Sheets Overview

Current Ratio
1534.22%
Quick Ratio
1534.22%
Cash Ratio
546.52%
Debt to Asset Ratio
6.52%
Unit: Thousand (K) dollars
Assets Breakdown
    • Note receivables, net
    • Cash and cash equivalents
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Common stock, par value 0.0001 p...
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
3,689
7,566
374
881
Accounts receivable
-
3
3
-
Research and development tax credit receivable
-
536
549
404
Note receivables, net
6,213
-
-
-
Prepaid expenses and other current assets
454
696
575
1,079
Total current assets
10,356
8,801
1,501
2,364
Property, plant and equipment, net
-
141
180
221
Right-of-use assets, net
-
535
607
663
Total assets
10,356
9,477
2,288
3,248
Accounts payable and accrued expenses
675
3,357
4,603
4,890
Lease liabilities, current
-
277
271
274
Notes payable, net
-
101
928
-
Other current liabilities
-
-
108
660
Deferred revenue
-
106
-
-
Total current liabilities
675
3,841
5,910
5,824
Lease liabilities, non-current
-
230
312
376
Total liabilities
675
4,071
6,222
6,200
Common stock, par value 0.0001 per share, 5,000,000,000 shares authorized, 25,682,643 and 6,839,689 shares issued and outstanding, at june 30, 2026 and december 31, 2025, respectively
3
2
1
1
Additional paid-in capital
157,433
152,570
124,772
123,495
Accumulated other comprehensive loss
-
-2,668
-3,578
-3,374
Accumulated deficit
-147,755
-144,498
-125,129
-123,074
Total stockholders' equity / (deficit)
9,681
5,406
-3,934
-2,952
Total liabilities and stockholders' equity / (deficit)
10,356
9,477
2,288
3,248
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Note receivables,net$6,213K Cash and cashequivalents$3,689K (220.23%↑ Y/Y)Prepaid expenses andother current assets$454K (-68.38%↓ Y/Y)Total current assets$10,356K (201.92%↑ Y/Y)Total assets$10,356K (141.85%↑ Y/Y)Total liabilities andstockholders' equity /...$10,356K (141.85%↑ Y/Y)Total stockholders'equity / (deficit)$9,681K (7722.83%↑ Y/Y)Total liabilities$675K (-84.69%↓ Y/Y)Accumulated deficit-$147,755K (-24.00%↓ Y/Y)Additional paid-in capital$157,433K (27.79%↑ Y/Y)Total currentliabilities$675K (-83.07%↓ Y/Y)Common stock, par value0.0001 per share,...$3K Accounts payable andaccrued expenses$675K (-78.02%↓ Y/Y)