For the quarter ending 2025-09-30, SMTK made $4,391K in revenue. -$3,120K in net income. Net profit margin of -71.05%.
| Income Statement | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Foreign currency translation | 800 | -1,005 | 87 | 125 |
| Revenue | 81 | 23 | 14 | - |
| Cost of revenue | 5 | 1 | 0 | - |
| Gross profit | 76 | 22 | 14 | - |
| Other operating income | 181 | 251 | 247 | 287 |
| Research and development | 2,056 | 1,497 | 1,225 | 1,504 |
| General and administrative | 1,331 | 2,009 | 1,460 | 1,578 |
| (gain) / loss on foreign currency transactions | -59 | 95 | -8 | -43 |
| Total operating expenses | 3,446 | 3,411 | 2,693 | 3,125 |
| Change in fair value of the warrant liability | - | - | -251 | - |
| Loss from operations | -3,189 | -3,138 | -2,424 | -2,838 |
| Gain / (loss) on foreign currency transactions | -732 | 969 | -100 | - |
| Interest income / (expense) | 1 | 10 | 79 | -4 |
| Total non-operating income / (expense) | -731 | 979 | 230 | -4 |
| Loss before income taxes | -3,920 | -2,159 | -2,194 | -2,842 |
| Income tax refund | - | -25 | 0 | - |
| Net loss | -3,920 | -2,134 | -2,194 | -2,842 |
| Total comprehensive loss | -3,120 | -3,139 | -2,107 | -2,717 |
| Earnings per share, basic | -0.45 | -0.32 | -2.08 | -0.86 |
| Earnings per share, diluted | -0.45 | -0.32 | -2.08 | -0.86 |
| Weighted average number of shares outstanding, basic | 8,782,766 | 6,649,603 | -1,603,091 | 3,308,975 |
| Weighted average number of shares outstanding, diluted | 8,782,766 | 6,649,603 | -1,603,091 | 3,308,975 |
SmartKem, Inc. (SMTK)
SmartKem, Inc. (SMTK)