SmartKem, Inc. financial data

Symbol
SMTK on Nasdaq
Industry
Semiconductors & Related Devices
Location
Manchester Technology Center, Hexagon Tower, Delaunays Road, Blackley, Manchester, United Kingdom
State of incorporation
DE
Fiscal year end
December 31
Former names
Parasol Investments Corp (to 2/19/2021)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 299 % -52.8%
Debt-to-equity 50 % +47.2%
Return On Equity -206 % -109%
Return On Assets -138 % -87%
Operating Margin -37K % -52.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.62M shares +167%
Common Stock, Shares, Outstanding 3.59M shares +304%
Entity Public Float 9.71M USD +195%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.26M shares +142%
Weighted Average Number of Shares Outstanding, Diluted 3.26M shares +142%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 40K USD +400%
Cost of Revenue 32K USD +433%
Research and Development Expense 5.11M USD -8.01%
Operating Income (Loss) -10.5M USD -4.73%
Nonoperating Income (Expense) 135K USD -91%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.84M USD +5.96%
Income Tax Expense (Benefit) 1K USD
Net Income (Loss) Attributable to Parent -10.3M USD -21.5%
Earnings Per Share, Basic -6 USD/shares +5.06%
Earnings Per Share, Diluted -6 USD/shares +5.06%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.14M USD -19.2%
Accounts Receivable, after Allowance for Credit Loss, Current 268K USD +793%
Assets, Current 8.51M USD -19.2%
Property, Plant and Equipment, Net 269K USD -40.9%
Operating Lease, Right-of-Use Asset 120K USD -57.9%
Other Assets, Noncurrent 6K USD -14.3%
Assets 8.9M USD -21%
Accounts Payable, Current 843K USD +137%
Contract with Customer, Liability, Current 500K USD
Liabilities, Current 2.29M USD +29.4%
Operating Lease, Liability, Noncurrent 25K USD +31.6%
Liabilities 2.31M USD -26.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.11M USD +30%
Retained Earnings (Accumulated Deficit) -115M USD -20.6%
Stockholders' Equity Attributable to Parent 6.59M USD -18.8%
Liabilities and Equity 8.9M USD -21%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.57M USD +35.4%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 3.59M shares +304%
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 -1.59M USD +37.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.14M USD -19.2%
Deferred Tax Assets, Valuation Allowance 12.6M USD +14.7%
Operating Lease, Liability 72K USD -71.1%
Depreciation 63K USD +50%
Lessee, Operating Lease, Liability, to be Paid 78K USD -70.3%
Property, Plant and Equipment, Gross 1.77M USD +2.91%
Operating Lease, Liability, Current 47K USD -79.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22K USD +10%
Lessee, Operating Lease, Liability, to be Paid, Year One 51K USD -79%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +25.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6K USD -57.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5K USD
Deferred Tax Assets, Operating Loss Carryforwards 12.4M USD +13.6%
Preferred Stock, Shares Issued 856 shares -93.8%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 69K USD +60.5%
Additional Paid in Capital 122M USD +16.8%
Preferred Stock, Shares Outstanding 856 shares -93.8%
Share-based Payment Arrangement, Expense 850K USD +18.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%