Smith Micro Software, Inc. (SMSI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 5.96M | 4.53M | 5.06M | 5.87M | 6.96M | 10M | 6.42M | 11.51M | 12.26M | 16.88M | 21.21M | 21.64M | 23.23M | 26.51M | 29.57M | 19.43M | 24.09M | 28.66M | 46.91M | 46.92M |
| Cash & Short-Term Investments | 1.74M | 1.49M | 1.39M | 1.4M | 2.29M | 2.81M | 1.51M | 5.63M | 6.16M | 7.13M | 7.98M | 6.42M | 8.72M | 14.03M | 19M | 5.36M | 9.83M | 16.08M | 32.37M | 29.94M |
| Cash Only | 1.74M | 1.49M | 1.39M | 1.4M | 2.29M | 2.81M | 1.51M | 5.63M | 6.16M | 7.13M | 7.98M | 6.42M | 8.72M | 14.03M | 19M | 5.36M | 9.83M | 16.08M | 32.37M | 29.94M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.9M | 1.82M | 2.58M | 2.87M | 3.24M | 5.72M | 3.41M | 3.82M | 4.3M | 7.91M | 10.29M | 11.87M | 11.19M | 10.5M | 9.48M | 11.56M | 12.06M | 10.59M | 12.62M | 14.94M |
| Days Sales Outstanding | 50.31 | 50.86 | 57.61 | 62.85 | 87.24 | 84.48 | 71.55 | 71.92 | 95.84 | 97.44 | 92.66 | 101.48 | 89.29 | 80.59 | 82.73 | 84.8 | 80.03 | 72.72 | 77.09 | 66.52 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.32M | 1.22M | 0 | 1.6M | 1.44M | 1.47M | 1.5M | 2.06M | 1.8M | 1.84M | 2.94M | 3.35M | 3.32M | 1.98M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 19.83M | 20.44M | 22.07M | 23.72M | 36.4M | 38.05M | 39.76M | 41.48M | 43.18M | 68.7M | 71.1M | 73.03M | 75.03M | 77.07M | 79.93M | 81.41M | 84.42M | 85.85M | 87.79M | 90.5M |
| Property, Plant & Equipment | 1.74M | 1.12M | 1.81M | 2.18M | 2.54M | 2.9M | 3.27M | 3.66M | 3.94M | 3.64M | 3.68M | 4.15M | 4.65M | 5.22M | 6.48M | 6.42M | 7.78M | 7.55M | 9.26M | 8.56M |
| Fixed Asset Turnover | 2.95x | 2.71x | 2.18x | 1.88x | 1.70x | 1.61x | 1.34x | 1.35x | 1.53x | 2.35x | 2.81x | 2.35x | 2.21x | 1.95x | 1.81x | 1.79x | 1.66x | 1.75x | 1.84x | 1.94x |
| Goodwill | 0 | 0 | 0 | 0 | 11.05M | 11.05M | 11.05M | 11.05M | 11.05M | 35.04M | 35.04M | 35.04M | 35.04M | 35.04M | 35.04M | 35.04M | 35.04M | 35.04M | 39.59M | 40.09M |
| Intangible Assets | 17.32M | 18.49M | 19.77M | 21.04M | 22.32M | 23.6M | 24.93M | 26.27M | 27.71M | 29.53M | 31.9M | 33.35M | 34.85M | 36.32M | 37.87M | 39.41M | 40.99M | 42.63M | 38.24M | 41.26M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 773K | 831K | 493K | 496K | 495K | 496K | 504K | 511K | 480K | 482K | 475K | 485K | 487K | 490K | 547K | 541K | 616K | 620K | 700K | 597K |
| Total Assets | 25.79M | 24.97M | 27.13M | 29.58M | 43.36M | 48.05M | 46.18M | 52.99M | 55.44M | 85.58M | 92.31M | 94.67M | 98.26M | 103.58M | 109.5M | 100.84M | 108.51M | 114.51M | 134.71M | 137.43M |
| Asset Turnover | 0.17x | 0.15x | 0.15x | 0.12x | 0.10x | 0.11x | 0.09x | 0.09x | 0.08x | 0.10x | 0.12x | 0.11x | 0.11x | 0.11x | 0.11x | 0.12x | 0.11x | 0.12x | 0.12x | 0.12x |
| Asset Growth % | -40.52% | -48.03% | -41.25% | -44.18% | -21.78% | -43.86% | -49.98% | -44.03% | -43.58% | -17.38% | -15.69% | -6.12% | -9.45% | -9.55% | -18.72% | -26.62% | -16.33% | 57.07% | 88.27% | 87.99% |
| Total Current Liabilities | 4.36M | 6.12M | 6.52M | 6.27M | 5.67M | 5.65M | 6.41M | 7.54M | 7.19M | 7.64M | 12.18M | 16.61M | 20.25M | 20.73M | 12.77M | 10.16M | 9.34M | 9.37M | 25.01M | 12.71M |
| Accounts Payable | 1.57M | 1.94M | 2.28M | 1.77M | 1.67M | 1.74M | 2.05M | 2.34M | 2.22M | 2.52M | 3.03M | 3.34M | 3.12M | 3.24M | 3.63M | 3.77M | 3.15M | 3.3M | 4.33M | 3.37M |
| Days Payables Outstanding | 173.08 | 206.53 | 163.79 | 133.66 | 122.05 | 143.89 | 152.8 | 129 | 108.49 | 118.23 | 115.91 | 113.57 | 87.13 | 94.83 | 93.79 | 87.08 | 79.79 | 85.51 | 95.91 | 81.46 |
| Short-Term Debt | 0 | 1.01M | 731K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.46M | 7.06M | 9.62M | 9.01M | 3.44M | 1.4M | 1.4M | 0 | 1.44M | 1.4M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45K | 176K | 701K | 864K |
| Other Current Liabilities | 649K | 773K | 778K | 1.27M | 886K | 940K | 1.01M | 1.37M | 1.05M | 1.14M | 1.76M | 2.05M | 2.09M | 3.16M | 961K | 1.23M | 722K | 436K | 14.59M | 2.33M |
| Current Ratio | 1.37x | 0.74x | 0.78x | 0.93x | 1.23x | 1.77x | 1.00x | 1.53x | 1.70x | 2.21x | 1.74x | 1.30x | 1.15x | 1.28x | 2.32x | 1.91x | 2.58x | 3.06x | 1.88x | 3.69x |
| Quick Ratio | 1.37x | 0.74x | 0.78x | 0.93x | 1.23x | 1.77x | 1.00x | 1.53x | 1.70x | 2.21x | 1.74x | 1.30x | 1.15x | 1.28x | 2.32x | 1.91x | 2.58x | 3.06x | 1.88x | 3.69x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.1M | 462K | 716K | 895K | 1.13M | 1.64M | 2.02M | 2.55M | 2.81M | 2.54M | 3.24M | 3.57M | 4.13M | 6.47M | 13.35M | 3.76M | 4.98M | 4.58M | 5.88M | 5.24M |
| Long-Term Debt | 1.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.87M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.15M | 417K | 501K | 646K | 902K | 1.29M | 1.71M | 2.01M | 2.23M | 1.78M | 1.79M | 2.2M | 2.59M | 2.98M | 3.24M | 3.64M | 4.07M | 4.47M | 4.86M | 4.31M |
| Deferred Tax Liabilities | 0 | 0 | 128K | 128K | 128K | 128K | 168K | 168K | 168K | 168K | 178K | 178K | 178K | 178K | 117K | 117K | 117K | 117K | 59K | 59K |
| Other Non-Current Liabilities | 41K | 45K | 87K | 121K | 101K | 224K | 149K | 369K | 411K | 597K | 1.28M | 1.19M | 1.35M | 3.32M | 6.12M | 0 | 795K | 0 | 958K | 870K |
| Total Liabilities | 7.45M | 6.58M | 7.24M | 7.17M | 6.8M | 7.29M | 8.43M | 10.09M | 10M | 10.19M | 15.42M | 20.18M | 24.37M | 27.2M | 26.11M | 13.92M | 14.33M | 13.95M | 30.89M | 17.95M |
| Total Debt | 3.78M | 2.34M | 2.37M | 2.06M | 2.32M | 2.57M | 2.93M | 3.23M | 3.5M | 3.26M | 6.68M | 10.71M | 13.67M | 13.42M | 11.95M | 5.04M | 5.47M | 5.87M | 6.3M | 5.71M |
| Net Debt | 2.04M | 844K | 975K | 663K | 30K | -242K | 1.43M | -2.39M | -2.65M | -3.86M | -1.3M | 4.29M | 4.95M | -602K | -7.05M | -317K | -4.36M | -10.21M | -26.07M | -24.22M |
| Debt / Equity | 0.21x | 0.13x | 0.12x | 0.09x | 0.06x | 0.06x | 0.08x | 0.08x | 0.08x | 0.04x | 0.09x | 0.14x | 0.19x | 0.18x | 0.14x | 0.06x | 0.06x | 0.06x | 0.06x | 0.05x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -6.41x | 18.47x | -67.71x | -235.82x | -206.08x | - | -529.75x | - | - | -9.71x | -2.55x | -1.78x | -2.04x | -3.39x | -5.46x | - | -1744.75x | - | - | - |
| Total Equity | 18.34M | 18.39M | 19.89M | 22.41M | 36.56M | 40.76M | 37.75M | 42.9M | 45.44M | 75.39M | 76.89M | 74.49M | 73.88M | 76.38M | 83.38M | 86.93M | 94.18M | 100.56M | 103.82M | 119.47M |
| Equity Growth % | -49.83% | -54.88% | -47.3% | -47.76% | -19.54% | -45.94% | -50.91% | -42.4% | -38.5% | -1.29% | -7.79% | -14.31% | -21.55% | -24.05% | -19.68% | -27.24% | -18.57% | 71.27% | 80.14% | 109.98% |
| Book Value per Share | 3.57 | 3.85 | 4.74 | 5.77 | 14.78 | 16.48 | 15.95 | 20.30 | 24.00 | 41.49 | 45.66 | 47.71 | 51.88 | 54.34 | 59.86 | 63.09 | 69.12 | 73.87 | 76.99 | 90.14 |
| Total Shareholders' Equity | 18.34M | 18.39M | 19.89M | 22.41M | 36.56M | 40.76M | 37.75M | 42.9M | 45.44M | 75.39M | 76.89M | 74.49M | 73.88M | 76.38M | 83.38M | 86.93M | 94.18M | 100.56M | 103.82M | 119.47M |
| Common Stock | 26K | 26K | 21K | 19K | 19K | 18K | 12K | 11K | 10K | 9K | 70K | 65K | 61K | 56K | 56K | 55K | 55K | 54K | 55K | 54K |
| Retained Earnings | -388.64M | -384.74M | -380.05M | -374.88M | -359.82M | -354.64M | -350.25M | -343.88M | -336.95M | -305.95M | -299.24M | -294.1M | -288.44M | -281.55M | -273.58M | -267.77M | -259.27M | -252.27M | -248.26M | -229.66M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -281.55M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |