SmartKem, Inc. financial data

Symbol
SMTK on Nasdaq
Location
Manchester Technology Center, Hexagon Tower, Delaunays Road, Blackley, Manchester, United Kingdom
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 12, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 206 % -54.4%
Debt-to-equity 86.8 % +112%
Return On Equity -321 % -158%
Return On Assets -172 % -94.5%
Operating Margin -37K % -52.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.54M shares +216%
Common Stock, Shares, Outstanding 4.44M shares +158%
Entity Public Float 9.71M USD +195%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 8.07M shares +156%
Weighted Average Number of Shares Outstanding, Diluted 8.07M shares +156%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 32K USD -20%
Cost of Revenue 28K USD -12.5%
Research and Development Expense 6.6M USD +21%
Operating Income (Loss) -12.7M USD -23.8%
Nonoperating Income (Expense) 2.66M USD +146%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.1M USD -9.49%
Income Tax Expense (Benefit) 1K USD 0%
Net Income (Loss) Attributable to Parent -10.1M USD -9.22%
Earnings Per Share, Basic -2 USD/shares +61.1%
Earnings Per Share, Diluted -2 USD/shares +61.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.15M USD -73.5%
Accounts Receivable, after Allowance for Credit Loss, Current 268K USD +793%
Assets, Current 3.43M USD -47.3%
Property, Plant and Equipment, Net 174K USD -46.8%
Operating Lease, Right-of-Use Asset 678K USD +200%
Other Assets, Noncurrent 6K USD -14.3%
Assets 4.28M USD -39.4%
Accounts Payable, Current 2.03M USD +80.6%
Contract with Customer, Liability, Current 500K USD
Liabilities, Current 3.99M USD +62.2%
Operating Lease, Liability, Noncurrent 421K USD +2531%
Liabilities 4.41M USD +78.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.17M USD -194%
Retained Earnings (Accumulated Deficit) -119M USD -11.4%
Stockholders' Equity Attributable to Parent -127K USD -103%
Liabilities and Equity 4.28M USD -39.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.34M USD -112%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 4.44M shares +158%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.26M USD -106%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.15M USD -73.5%
Deferred Tax Assets, Valuation Allowance 12.6M USD +14.7%
Operating Lease, Liability 664K USD +195%
Depreciation 56K USD -11.1%
Lessee, Operating Lease, Liability, to be Paid 767K USD +226%
Property, Plant and Equipment, Gross 1.93M USD +13.3%
Operating Lease, Liability, Current 243K USD +16.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 293K USD +2564%
Lessee, Operating Lease, Liability, to be Paid, Year One 312K USD +661%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +22.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 103K USD +930%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12K USD +1100%
Deferred Tax Assets, Operating Loss Carryforwards 12.4M USD +13.6%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 29K USD -58%
Additional Paid in Capital 123M USD +9.06%
Preferred Stock, Shares Outstanding 0 shares -100%
Share-based Payment Arrangement, Expense 1.05M USD +68.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%