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 - Q3 2025 - Nov 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 140 % -58.7%
Debt-to-equity 206 % +309%
Return On Equity -611 % -264%
Return On Assets -200 % -78.8%
Operating Margin -37K % -52.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.13M shares +245%
Common Stock, Shares, Outstanding 5.61M shares +215%
Entity Public Float 9.71M USD +195%
Common Stock, Value, Issued 1K USD
Weighted Average Number of Shares Outstanding, Basic 8.78M shares +165%
Weighted Average Number of Shares Outstanding, Diluted 8.78M shares +165%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 81K USD
Cost of Revenue 5K USD
Research and Development Expense 7.15M USD +32.7%
Operating Income (Loss) -13.1M USD -25.5%
Nonoperating Income (Expense) 1.93M USD +37.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.2M USD -23.6%
Income Tax Expense (Benefit) 1K USD 0%
Net Income (Loss) Attributable to Parent -11.1M USD -23.3%
Earnings Per Share, Basic -2 USD/shares +62%
Earnings Per Share, Diluted -2 USD/shares +62%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 881K USD -50.6%
Accounts Receivable, after Allowance for Credit Loss, Current 268K USD +793%
Assets, Current 2.36M USD -37%
Property, Plant and Equipment, Net 221K USD -37.4%
Operating Lease, Right-of-Use Asset 663K USD +237%
Other Assets, Noncurrent 6K USD -14.3%
Assets 3.25M USD -24.6%
Accounts Payable, Current 4.03M USD +440%
Contract with Customer, Liability, Current 500K USD
Liabilities, Current 5.82M USD +192%
Operating Lease, Liability, Noncurrent 376K USD +1113%
Liabilities 6.2M USD +206%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.37M USD -160%
Retained Earnings (Accumulated Deficit) -123M USD -12.1%
Stockholders' Equity Attributable to Parent -2.95M USD -229%
Liabilities and Equity 3.25M USD -24.6%

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 5.61M shares +215%
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 881K USD -50.6%
Deferred Tax Assets, Valuation Allowance 12.6M USD +14.7%
Operating Lease, Liability 650K USD +232%
Depreciation 56K USD -11.1%
Lessee, Operating Lease, Liability, to be Paid 740K USD +259%
Property, Plant and Equipment, Gross 2M USD +6.23%
Operating Lease, Liability, Current 274K USD +66.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 309K USD +1243%
Lessee, Operating Lease, Liability, to be Paid, Year One 328K USD +496%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +10.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 90K USD +800%
Lessee, Operating Lease, Liability, to be Paid, Year Three 23K USD +360%
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 +8.93%
Preferred Stock, Shares Outstanding 0 shares -100%
Share-based Payment Arrangement, Expense 1.05M USD +38.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%