SMTK
SmartKem, Inc.
Price Chart
No historical data available
Latest Quote
$3.44
-0.09 (-2.55%)
Current Price
| Previous Close | $3.53 |
| Open | $3.39 |
| Day High | $3.70 |
| Day Low | $3.38 |
| Volume | 128,121 |
Stock Information
| Shares Outstanding | 565K |
| Cash Equivalents | $3.69M |
| Revenue | $662K |
| Net Income | $-28.60M |
| Sector | Technology |
| Industry | Semiconductor Equipment & Materials |
| Market Cap | $1.94M |
| EPS (TTM) | $-90.12 |
| Exchange | NCM |
Recent Price History
No history data available. Data will be fetched automatically.
About SmartKem, Inc.
SmartKem, Inc., together with its subsidiaries, develops and sells transistors using its proprietary semiconductor materials. It offers TRUFLEX materials used in a range of applications, including MicroLED, LCD, and AMOLED displays, as well as computer and AI chip packaging and sensors. The company also develops the MiP4 and an all-organic-transistor biometric sensor. In addition, it provides prototyping services. The company was incorporated in 2009 and is headquartered in Manchester, the United Kingdom.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $272,000 | $32,000 | $23,000 | $33,000 |
| Cost Of Revenue | $272,000 | $32,000 | $23,000 | $33,000 |
| Total Revenue | $697,000 | $82,000 | $27,000 | $40,000 |
| Operating Revenue | $697,000 | $82,000 | $27,000 | $40,000 |
| Expenses | ||||
| Interest Expense | $73,000 | - | - | $0 |
| Total Expenses | $13,709,000 | $10,468,000 | $9,931,000 | $9,734,000 |
| Other Income Expense | $2,552,000 | $50,000 | $1,393,000 | $-1,782,000 |
| Net Non Operating Interest Income Expense | $-73,000 | $7,000 | $12,000 | $5,000 |
| Interest Expense Non Operating | $73,000 | - | - | $0 |
| Operating Expense | $13,437,000 | $10,436,000 | $9,908,000 | $9,701,000 |
| Other Operating Expenses | $-951,000 | $-1,017,000 | $-836,000 | $-1,172,000 |
| Rent Expense Supplemental | - | - | - | - |
| Other Non Operating Income Expenses | - | - | - | - |
| Selling And Marketing Expense | - | - | - | - |
| General And Administrative Expense | - | - | - | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Net Interest Income | $-73,000 | $7,000 | $12,000 | $5,000 |
| Normalized Income | $-13,055,896 | $-10,367,500 | $-9,892,000 | $-10,051,580 |
| Net Income From Continuing And Discontinued Operation | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Total Operating Income As Reported | $-12,835,000 | $-10,464,000 | $-9,991,000 | $-9,694,000 |
| Average Dilution Earnings | $0 | $-9,224,000 | - | - |
| Net Income Common Stockholders | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Net Income | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Net Income Including Noncontrolling Interests | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Net Income Continuous Operations | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Pretax Income | $-10,533,000 | $-10,329,000 | $-8,499,000 | $-11,471,000 |
| Operating Income | $-13,012,000 | $-10,386,000 | $-9,904,000 | $-9,694,000 |
| Gross Profit | $425,000 | $50,000 | $4,000 | $7,000 |
| Interest Income | - | $7,000 | $12,000 | $5,000 |
| Interest Income Non Operating | - | $7,000 | $12,000 | $5,000 |
| Special Income Charges | - | - | - | $4,000 |
| Per Share | ||||
| Diluted EPS | $-1.29 | $-6.00 | $-6.32 | $-13.88 |
| Basic EPS | $-1.29 | $-6.00 | $-6.32 | $-13.88 |
| Other | ||||
| Tax Effect Of Unusual Items | $5,104 | $12,500 | $0 | $-338,580 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-12,595,000 | $-9,910,000 | $-10,889,000 | $-7,450,000 |
| Total Unusual Items | $2,552,000 | $50,000 | $1,393,000 | $-1,782,000 |
| Total Unusual Items Excluding Goodwill | $2,552,000 | $50,000 | $1,393,000 | $-1,782,000 |
| Reconciled Depreciation | $417,000 | $526,000 | $408,000 | $462,000 |
| EBITDA (Bullshit earnings) | $-10,043,000 | $-9,860,000 | $-9,496,000 | $-9,232,000 |
| EBIT | $-10,460,000 | $-10,386,000 | $-9,904,000 | $-9,694,000 |
| Diluted Average Shares | $8,156,638 | $3,260,127 | $1,344,892 | $827,906 |
| Basic Average Shares | $8,156,638 | $3,260,127 | $1,344,892 | $827,906 |
| Diluted NI Availto Com Stockholders | $-10,509,000 | $-19,554,000 | $-8,499,000 | $-11,495,000 |
| Tax Provision | $-24,000 | $1,000 | $0 | $24,000 |
| Gain On Sale Of Security | $2,552,000 | $50,000 | $1,393,000 | $-1,782,000 |
| Research And Development | $7,017,000 | $5,111,000 | $5,556,000 | $5,802,000 |
| Selling General And Administration | $7,371,000 | $6,342,000 | $5,188,000 | $5,071,000 |
| Gain On Sale Of Ppe | - | - | - | $4,000 |
| Restructuring And Mergern Acquisition | - | - | - | $0 |
| Other Taxes | - | - | - | - |
| Other Gand A | - | - | - | - |
| Insurance And Claims | - | - | - | - |
| Rent And Landing Fees | - | - | - | - |
| Salaries And Wages | - | - | - | - |
Fetched: 2026-08-29
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-3,934,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Total Assets | $2,288,000 | $8,904,000 | $11,272,000 | $7,525,000 |
| Total Non Current Assets | $787,000 | $395,000 | $747,000 | $1,083,000 |
| Current Assets | $1,501,000 | $8,509,000 | $10,525,000 | $6,442,000 |
| Prepaid Assets | $326,000 | $465,000 | $467,000 | $825,000 |
| Receivables | $801,000 | $903,000 | $1,222,000 | $1,382,000 |
| Other Receivables | $132,000 | $65,000 | $240,000 | $36,000 |
| Taxes Receivable | $666,000 | $838,000 | $714,000 | $1,316,000 |
| Accounts Receivable | $3,000 | $0 | $268,000 | $30,000 |
| Cash Cash Equivalents And Short Term Investments | $374,000 | $7,141,000 | $8,836,000 | $4,235,000 |
| Cash And Cash Equivalents | $374,000 | $7,141,000 | $8,836,000 | $4,235,000 |
| Other Non Current Assets | - | $6,000 | $7,000 | $6,000 |
| Cash Financial | - | - | $8,836,000 | $4,235,000 |
| Debt | ||||
| Net Debt | $554,000 | - | - | - |
| Total Debt | $1,511,000 | $72,000 | $249,000 | $445,000 |
| Long Term Debt And Capital Lease Obligation | $312,000 | $25,000 | $19,000 | $239,000 |
| Current Debt And Capital Lease Obligation | $1,199,000 | $47,000 | $230,000 | $206,000 |
| Current Debt | $928,000 | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $6,222,000 | $2,313,000 | $3,159,000 | $1,642,000 |
| Total Non Current Liabilities Net Minority Interest | $312,000 | $25,000 | $1,391,000 | $239,000 |
| Current Liabilities | $5,910,000 | $2,288,000 | $1,768,000 | $1,403,000 |
| Other Current Liabilities | $108,000 | $450,000 | $360,000 | $244,000 |
| Current Notes Payable | $928,000 | $0 | - | - |
| Payables And Accrued Expenses | $4,603,000 | $1,791,000 | $1,178,000 | $953,000 |
| Payables | $4,435,000 | $1,130,000 | $355,000 | $272,000 |
| Total Tax Payable | $0 | $287,000 | $0 | $22,000 |
| Accounts Payable | $4,435,000 | $843,000 | $355,000 | $250,000 |
| Derivative Product Liabilities | - | $0 | $1,372,000 | $0 |
| Income Tax Payable | - | - | $0 | $22,000 |
| Equity | ||||
| Common Stock Equity | $-3,934,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Total Equity Gross Minority Interest | $-3,934,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Stockholders Equity | $-3,934,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Gains Losses Not Affecting Retained Earnings | $-3,578,000 | $-1,105,000 | $-1,578,000 | $-483,000 |
| Other Equity Adjustments | $-3,578,000 | $-1,105,000 | $-1,578,000 | $-483,000 |
| Retained Earnings | $-125,129,000 | $-114,620,000 | $-95,066,000 | $-86,567,000 |
| Other | ||||
| Ordinary Shares Number | $6,839,689 | $3,590,217 | $889,668 | $770,999 |
| Share Issued | $6,839,689 | $3,590,217 | $889,668 | $770,999 |
| Tangible Book Value | $-3,934,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Invested Capital | $-3,006,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Working Capital | $-4,409,000 | $6,221,000 | $8,757,000 | $5,039,000 |
| Capital Lease Obligations | $583,000 | $72,000 | $249,000 | $445,000 |
| Total Capitalization | $-3,934,000 | $6,591,000 | $8,113,000 | $5,883,000 |
| Additional Paid In Capital | $124,772,000 | $122,316,000 | $104,757,000 | $92,933,000 |
| Capital Stock | $1,000 | $0 | $0 | $0 |
| Common Stock | $1,000 | $0 | $0 | $0 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $312,000 | $25,000 | $19,000 | $239,000 |
| Current Capital Lease Obligation | $271,000 | $47,000 | $230,000 | $206,000 |
| Current Accrued Expenses | $168,000 | $661,000 | $823,000 | $681,000 |
| Net PPE | $787,000 | $389,000 | $740,000 | $1,077,000 |
| Accumulated Depreciation | $-1,826,000 | $-1,497,000 | $-1,261,000 | $-1,118,000 |
| Gross PPE | $2,613,000 | $1,886,000 | $2,001,000 | $2,195,000 |
| Other Properties | $607,000 | $120,000 | $285,000 | $475,000 |
| Machinery Furniture Equipment | $2,006,000 | $1,766,000 | $1,716,000 | $1,720,000 |
Fetched: 2026-08-29
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-7,859,000 | $-8,171,000 | $-8,055,000 | $-9,128,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-7,736,000 | $-8,096,000 | $-8,037,000 | $-9,049,000 |
| Cash Flow From Continuing Operating Activities | $-7,736,000 | $-8,096,000 | $-8,037,000 | $-9,049,000 |
| Operating Gains Losses | $-2,552,000 | $-25,000 | $-1,387,000 | $1,782,000 |
| Investing Activities | ||||
| Capital Expenditure | $-123,000 | $-75,000 | $-18,000 | $-79,000 |
| Investing Cash Flow | $-123,000 | $-75,000 | $-18,000 | $-79,000 |
| Cash Flow From Continuing Investing Activities | $-123,000 | $-75,000 | $-18,000 | $-79,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | $7,650,000 | $12,386,000 | $2,000,000 |
| Financing Cash Flow | $1,000,000 | $6,532,000 | $12,691,000 | $1,830,000 |
| Cash Flow From Continuing Financing Activities | $1,000,000 | $6,532,000 | $12,691,000 | $1,830,000 |
| Net Common Stock Issuance | $0 | $7,650,000 | $0 | $2,000,000 |
| Common Stock Issuance | $0 | $7,650,000 | $0 | $2,000,000 |
| Net Other Financing Charges | - | $-1,142,000 | $-1,483,000 | $-170,000 |
| Net Preferred Stock Issuance | - | $0 | $12,386,000 | $0 |
| Preferred Stock Issuance | - | $0 | $12,386,000 | $0 |
| Other | ||||
| Issuance Of Debt | $1,000,000 | $0 | - | $0 |
| End Cash Position | $374,000 | $7,141,000 | $8,836,000 | $4,235,000 |
| Beginning Cash Position | $7,141,000 | $8,836,000 | $4,235,000 | $12,226,000 |
| Effect Of Exchange Rate Changes | $92,000 | $-56,000 | $-35,000 | $-693,000 |
| Changes In Cash | $-6,859,000 | $-1,639,000 | $4,636,000 | $-7,298,000 |
| Proceeds From Stock Option Exercised | $0 | $24,000 | $1,788,000 | $0 |
| Net Issuance Payments Of Debt | $1,000,000 | $0 | - | $0 |
| Net Long Term Debt Issuance | $1,000,000 | $0 | - | $0 |
| Long Term Debt Issuance | $1,000,000 | $0 | - | $0 |
| Net PPE Purchase And Sale | $-123,000 | $-75,000 | $-18,000 | $-79,000 |
| Purchase Of PPE | $-123,000 | $-75,000 | $-18,000 | $-79,000 |
| Change In Working Capital | $2,523,000 | $630,000 | $669,000 | $-677,000 |
| Change In Other Current Liabilities | $-524,000 | $-194,000 | $-168,000 | $-27,000 |
| Change In Payables And Accrued Expense | $2,811,000 | $504,000 | $436,000 | $-363,000 |
| Change In Payable | $2,811,000 | $504,000 | $436,000 | $-363,000 |
| Change In Account Payable | $2,811,000 | $504,000 | $459,000 | $-385,000 |
| Change In Prepaid Assets | $268,000 | $-33,000 | $70,000 | $-42,000 |
| Change In Receivables | $-32,000 | $353,000 | $331,000 | $-245,000 |
| Changes In Account Receivables | $-3,000 | $269,000 | $-231,000 | $-32,000 |
| Other Non Cash Items | $1,345,000 | $253,000 | $55,000 | $391,000 |
| Stock Based Compensation | $1,040,000 | $850,000 | $717,000 | $488,000 |
| Depreciation Amortization Depletion | $417,000 | $526,000 | $408,000 | $462,000 |
| Depreciation And Amortization | $417,000 | $526,000 | $408,000 | $462,000 |
| Depreciation | $417,000 | $526,000 | $408,000 | $462,000 |
| Net Foreign Currency Exchange Gain Loss | $-2,552,000 | $647,000 | $-1,120,000 | $1,782,000 |
| Net Income From Continuing Operations | $-10,509,000 | $-10,330,000 | $-8,499,000 | $-11,495,000 |
| Change In Tax Payable | - | $0 | $-23,000 | $22,000 |
| Change In Income Tax Payable | - | $0 | $-23,000 | $22,000 |
| Gain Loss On Investment Securities | - | $-672,000 | $-267,000 | - |
| Repayment Of Debt | - | - | - | $0 |
| Interest Paid Supplemental Data | - | - | - | $0 |
| Long Term Debt Payments | - | - | - | $0 |
| Change In Other Current Assets | - | - | - | $0 |
Fetched: 2026-08-29