SmartKem, Inc. financial data

Symbol
SMTK on Nasdaq
Location
Manchester
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 13 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 140% % -59%
Debt-to-equity 206% % 309%
Return On Equity -611% % -264%
Return On Assets -200% % -79%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6,134,963 shares 245%
Common Stock, Shares, Outstanding 5,605,043 shares 215%
Common Stock, Value, Issued $1,000 USD
Weighted Average Number of Shares Outstanding, Basic 8,782,766 shares 165%
Weighted Average Number of Shares Outstanding, Diluted 8,782,766 shares 165%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $81,000 USD
Cost of Revenue $5,000 USD
Research and Development Expense $7,152,000 USD 33%
Operating Income (Loss) $13,099,000 USD -25%
Nonoperating Income (Expense) $1,928,000 USD 38%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $11,171,000 USD -24%
Income Tax Expense (Benefit) $1,000 USD 0%
Net Income (Loss) Attributable to Parent $11,147,000 USD -23%
Earnings Per Share, Basic -2.02 USD/shares 62%
Earnings Per Share, Diluted -2.02 USD/shares 62%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $881,000 USD -51%
Assets, Current $2,364,000 USD -37%
Property, Plant and Equipment, Net $221,000 USD -37%
Operating Lease, Right-of-Use Asset $663,000 USD 237%
Other Assets, Noncurrent $6,000 USD -14%
Assets $3,248,000 USD -25%
Accounts Payable, Current $4,031,000 USD 440%
Contract with Customer, Liability, Current $500,000 USD
Liabilities, Current $5,824,000 USD 192%
Operating Lease, Liability, Noncurrent $376,000 USD 1113%
Liabilities $6,200,000 USD 206%
Accumulated Other Comprehensive Income (Loss), Net of Tax $3,374,000 USD -160%
Retained Earnings (Accumulated Deficit) $123,074,000 USD -12%
Stockholders' Equity Attributable to Parent $2,952,000 USD -229%
Liabilities and Equity $3,248,000 USD -25%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $3,338,000 USD -112%
Common Stock, Shares Authorized 300,000,000 shares 0%
Common Stock, Shares, Issued 5,605,043 shares 215%
Common Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $3,260,000 USD -106%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $881,000 USD -51%
Deferred Tax Assets, Valuation Allowance $12,631,000 USD 15%
Operating Lease, Liability $650,000 USD 232%
Depreciation $56,000 USD -11%
Lessee, Operating Lease, Liability, to be Paid $740,000 USD 259%
Property, Plant and Equipment, Gross $1,996,000 USD 6.2%
Operating Lease, Liability, Current $274,000 USD 66%
Lessee, Operating Lease, Liability, to be Paid, Year Two $309,000 USD 1243%
Lessee, Operating Lease, Liability, to be Paid, Year One $328,000 USD 496%
Operating Lease, Weighted Average Discount Rate, Percent 0.1064 pure 13%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $90,000 USD 800%
Lessee, Operating Lease, Liability, to be Paid, Year Three $23,000 USD 360%
Deferred Tax Assets, Operating Loss Carryforwards $12,356,000 USD 14%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 10,000,000 shares 0%
Unrecognized Tax Benefits $0 USD
Operating Lease, Payments $29,000 USD -58%
Additional Paid in Capital $123,495,000 USD 8.9%
Preferred Stock, Shares Outstanding 0 shares -100%
Share-based Payment Arrangement, Expense $1,048,000 USD 38%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%