Smith Micro Software, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.5M | $2.8M | $7.1M | $14.0M | $16.1M | $25.8M | $28.3M | $12.2M |
| Accounts Receivable | $1.8M | $5.7M | $7.9M | $10.5M | $10.6M | $12.3M | $10.9M | $7.1M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $4.5M | $10.0M | $16.9M | $26.5M | $28.7M | $39.3M | $40.0M | $20.1M |
| Property, Plant & Equipment | $331.0K | $538.0K | $883.0K | $1.5M | $2.7M | $2.2M | $2.1M | $865.0K |
| Goodwill | $0 | $11.1M | $35.0M | $35.0M | $35.0M | $12.3M | $7.8M | $3.7M |
| Intangible Assets (Excl. Goodwill) | $18.5M | $23.6M | $29.5M | $36.3M | $42.6M | $12.7M | $4.5M | $238.0K |
| Total Assets | $25.0M | $48.0M | $85.6M | $103.6M | $114.5M | $72.9M | $61.2M | $25.2M |
| Liabilities | ||||||||
| Accounts Payable | $1.9M | $1.7M | $2.5M | $3.2M | $3.3M | $2.3M | $2.1M | $1.2M |
| Total Current Liabilities | $6.1M | $5.7M | $7.6M | $20.7M | $9.4M | $8.4M | $5.7M | $3.4M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $6.6M | $7.3M | $10.2M | $27.2M | $14.0M | $14.2M | $12.5M | $4.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | — | $-354.6M | $-305.9M | $-281.6M | $-252.3M | $-221.2M | $-225.4M | $-236.1M |
| Total Stockholders' Equity | $18.4M | $40.8M | $75.4M | $76.4M | $100.6M | $58.7M | $48.7M | $20.6M |