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Cash Flow Overview

Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Loss on the write-off of bad deb...
    • Expense for commitment shares is...
    • Gross proceeds received-Private ...
    • Others
Negative Cash Flow Breakdown
    • Loss on investment of subsidiary
    • Payment for convertible notes re...
    • Accounts payable and accrued exp...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net loss
-3,257
-19,369
-2,055
-3,920
Depreciation
29
36
41
58
Stock-based compensation expense
212
255
271
259
Issuance of common stock to vendor
-
-
849
34
Right-of-use asset amortization
51
72
23
58
Loss / (gain) on foreign currency transactions
520
-856
178
-791
Loss on investment of subsidiary
43,308
-
-
-
Loss on the write-off of bad debts
45,648
-
-
-
Expense for commitment shares issued upon signing the equity line of credit (eloc)
11,874
-
-
-
Change in fair value of derivative liabilities
0
-3,391
-
-
Loss on the execution of equity line of credit (eloc)
-
-11,874
-
-
Change in fair value of convertible notes receivable
-287
-
-
-
Debt discount amortization
0
283
87
-
Loss on the extinguishment of debt
0
-371
-
-
Accounts receivable
-
-
3
-
Transactions costs allocable to notes payable and equity line of credit (eloc)
64
67
-
-
Research and development tax credit receivable
-
-11
177
-407
Prepaid expenses and other assets
-2
122
-454
-337
Accounts payable and accrued expenses
-1,038
780
-173
1,830
Lease liabilities
18
-75
-37
-57
Other current liabilities
-
-2
-517
3
Net cash used in operating activities
-1,821
-1,572
-1,415
-200
Payment for convertible notes receivable
6,500
-
-
-
Purchases of property, plant and equipment
-
-
18
105
Deconsolidation of subsidiary
852
-
-
-
Net cash used by investing activities
-7,352
-
-18
-105
Gross proceeds received-Common Stock And Warrrants Purchase Agreement
-
681
-
-
Gross proceeds received-Common Stock And Warrants Purchase Agreement
681
-
-
-
Payments for financing expense-Common Stock And Warrrants Purchase Agreement
-
126
-
-
Payments for financing expense-Common Stock And Warrants Purchase Agreement
127
-
-
-
Payment for legal expenses related to extinguishment of debt
0
10
-
-
Gross proceeds received related to note payable
0
2,625
1,000
-
Payment for legal expense related to notes payable
0
50
-
-
Principal payment for the settlement of note payable
0
1,100
-
-
Payment for a release of claims related to notes payable
0
300
-
-
Gross proceeds received-March2026Registered Direct Offering
0
2,617
-
-
Payments for financing expense-March2026Registered Direct Offering
37
152
-
-
Gross proceeds received-Private Placement
4,000
4,630
-
-
Payments for financing expense-Private Placement
920
184
-
-
Payments for financing expense-Equity Line Of Credit
0
17
-
-
Principal payment on the financing of the director and officer insurance policy
101
11
-
-
Proceeds received for exercise of common stock warrants
37
-
-
-
Proceeds received related to equity line of credit (eloc)-Equity Line Of Credit
1,571
-
-
-
Net cash provided by financing activities
4,549
8,603
1,000
-
Effect of exchange rate changes on cash
747
161
-74
34
Net change in cash
-3,877
7,192
-507
-271
Cash, beginning of period
7,566
374
881
7,141
Cash, end of period
3,689
7,566
374
881
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Gross proceedsreceived-Private Placement$4,000K Proceeds receivedrelated to equity line of...$1,571K Gross proceedsreceived-Common Stock And...$681K Proceeds received forexercise of common stock...$37K Net cash provided byfinancing activities$4,549K Effect of exchange ratechanges on cash$747K (465.91%↑ Y/Y)Canceled cashflow$1,740K Net change in cash-$3,877K (35.26%↑ Y/Y)Canceled cashflow$5,296K Loss on the write-offof bad debts$45,648K Expense for commitmentshares issued upon...$11,874K Change in fair value ofconvertible notes...-$287K Stock-based compensationexpense$212K (-58.43%↓ Y/Y)Transactions costs allocableto notes payable...$64K Right-of-use assetamortization$51K (-58.87%↓ Y/Y)Depreciation$29K (-74.34%↓ Y/Y)Lease liabilities$18K (120.45%↑ Y/Y)Prepaid expenses andother assets-$2K (-100.38%↓ Y/Y)Payments for financingexpense-Private Placement$920K something is missing-$555K Payments for financingexpense-Common Stock And...$127K Principal payment on thefinancing of the director...$101K Payments for financingexpense-March2026Registered Direct Offering$37K Net cash used byinvesting activities-$7,352K Net cash used inoperating activities-$1,821K (70.25%↑ Y/Y)Canceled cashflow$58,185K Payment for convertiblenotes receivable$6,500K Deconsolidation of subsidiary$852K Loss on investment ofsubsidiary$43,308K something is missing-$11,883K Net loss-$3,257K (28.16%↑ Y/Y)Accounts payable andaccrued expenses-$1,038K (-189.95%↓ Y/Y)Loss / (gain) onforeign currency...$520K (-83.57%↓ Y/Y)

SmartKem, Inc. (SMTK)

SmartKem, Inc. (SMTK)