Smith Micro Software, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-29.3M | $-48.7M | $-24.4M | $-29.3M | $-31.0M | $4.2M | $10.7M | $-2.7M |
| Depreciation & Amortization | $5.4M | $6.3M | $7.3M | $7.6M | $1.2M | $700.0K | $400.0K | $500.0K |
| Depreciation | $293.0K | $365.0K | $50.0K | $105.0K | — | — | — | — |
| Amortization | $5.1M | $5.9M | $6.8M | $6.3M | $8.1M | $2.9M | $900.0K | $200.0K |
| Stock-Based Compensation | $3.6M | $4.5M | $4.8M | $4.9M | $4.8M | — | — | — |
| Net Cash from Operating Activities | $-7.2M | $-14.3M | $-7.0M | $-19.3M | $-12.9M | $7.9M | $10.0M | $-2.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $88.0K | $20.0K | $4.0K | $49.0K | $830.0K | $1.3M | $1.7M | $173.0K |
| Business Acquisitions | — | — | — | $0 | $56.9M | $13.5M | $4.0M | — |
| Net Cash from Investing Activities | $1.2M | $178.0K | $132.0K | $115.0K | $-57.5M | $-14.7M | $-5.3M | $-173.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $4.7M | $9.8M | $-60.0K | $17.1M | $60.7M | $4.2M | $11.4M | $13.0M |
| Net Change in Cash | $-1.3M | $-4.3M | $-6.9M | $-2.1M | $-9.7M | $-2.5M | $16.1M | $10.0M |
| Free Cash Flow | $-7.3M | $-14.3M | $-7.0M | $-19.3M | $-13.7M | $6.6M | $8.3M | $-3.0M |