| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -19,369 | -2,055 | -3,920 | -4,534 |
| Depreciation | 36 | 41 | 58 | 113 |
| Stock-based compensation expense | 255 | 271 | 259 | 510 |
| Issuance of common stock to vendor | NaN | 849 | 34 | 375 |
| Right-of-use asset amortization | 72 | 23 | 58 | 124 |
| Loss / (gain) on foreign currency transactions | -856 | 178 | -791 | 3,165 |
| Change in fair value of derivative liabilities | -3,391 | NaN | NaN | NaN |
| Loss on the execution of equity line of credit (eloc) | -11,874 | NaN | NaN | NaN |
| Debt discount amortization | 283 | 87 | NaN | NaN |
| Loss on the extinguishment of debt | -371 | NaN | NaN | NaN |
| Accounts receivable | NaN | 3 | NaN | NaN |
| Transactions costs allocable to notes payable | 67 | NaN | NaN | NaN |
| Research and development tax credit receivable | -11 | 177 | -407 | 259 |
| Prepaid expenses and other assets | 122 | -454 | -337 | 523 |
| Accounts payable and accrued expenses | 780 | -173 | 1,830 | 1,154 |
| Lease liabilities | -75 | -37 | -57 | -88 |
| Other current liabilities | -2 | -517 | 3 | 172 |
| Net cash used in operating activities | -1,572 | -1,415 | -200 | -6,121 |
| Gross proceeds received-Common Stock And Warrrants Purchase Agreement | 681 | NaN | NaN | NaN |
| Purchases of property, plant and equipment | NaN | 18 | 105 | NaN |
| Payments for financing expense-Common Stock And Warrrants Purchase Agreement | 126 | NaN | NaN | NaN |
| Net cash used by investing activities | NaN | -18 | -105 | NaN |
| Payment for legal expenses related to extinguishment of debt | 10 | NaN | NaN | NaN |
| Gross proceeds received related to note payable | 2,625 | 1,000 | NaN | NaN |
| Payment for legal expense related to notes payable | 50 | NaN | NaN | NaN |
| Principal payment for the settlement of note payable | 1,100 | NaN | NaN | NaN |
| Payment for a release of claims related to notes payable | 300 | NaN | NaN | NaN |
| Gross proceeds received-March2026Registered Direct Offering | 2,617 | NaN | NaN | NaN |
| Payments for financing expense-March2026Registered Direct Offering | 152 | NaN | NaN | NaN |
| Gross proceeds received-Private Placement | 4,630 | NaN | NaN | NaN |
| Payments for financing expense-Private Placement | 184 | NaN | NaN | NaN |
| Payments for financing expense-Equity Line Of Credit | 17 | NaN | NaN | NaN |
| Principal payment on the financing of the director and officer insurance policy | 11 | NaN | NaN | NaN |
| Net cash provided by financing activities | 8,603 | 1,000 | NaN | NaN |
| Effect of exchange rate changes on cash | 161 | -74 | 34 | 132 |
| Net change in cash | 7,192 | -507 | -271 | -5,989 |
| Cash, beginning of period | 374 | 881 | 7,141 | NaN |
| Cash, end of period | 7,566 | 374 | 881 | NaN |
SmartKem, Inc. (SMTK)
SmartKem, Inc. (SMTK)