Overview
Smith Micro
Smith Micro Software provides wireless connectivity software designed to enhance the mobile experience for users and optimize network operations for enterprises and wireless service providers. Its primary product families include QuickLink (mobile internet connection), NetWise (data traffic management), and CommSuite (voice, messaging, and video). The company, which operates primarily in the Americas, counts wireless carriers such as Sprint and
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Read More Verizon Wireless among its leading customers. In addition to wireless connectivity software, Smith Micro develops productivity and graphics software for artists, educators, and other consumers.
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Read More Verizon Wireless among its leading customers. In addition to wireless connectivity software, Smith Micro develops productivity and graphics software for artists, educators, and other consumers.
Read Less
Software Publishers
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Publishing Industries
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Information
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Business oriented computer software
All Other Telecommunications
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
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Motion Picture and Video Industries
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Newspaper, Periodical, Book, and Directory Publishers
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Radio and Television Broadcasting Stations
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Satellite Telecommunications
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Sound Recording Industries
View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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Actual
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Actual
$20.56 million
Actual
-49.7%
$48
DEC
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NASDAQ:SMSI
Contacts
Get in Touch with 6 Principals* and 96 Contacts
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William W Smith JuniorChairman of the Board and President and Chief Executive Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$20.56 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | -$14 | -$7 | -$19 |
Net Investing Cash | $0 | $0 | $0 |
Net Financing Cash | $10 | -$0 | $17 |
Net Change in Cash | -$4 | -$7 | -$2 |
Cash at Beginning of Period | $7 | $14 | $16 |
Cash at End of Period | $3 | $7 | $14 |
Capital Expenditure | -$0 | -$0 | -$0 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $3 | $7 | $14 |
Accounts Receivable | $6 | $8 | $11 |
Inventories | $ | $ | $ |
Other Current Assets | $1 | $2 | $2 |
Asset Summary | |||
Total Current Assets | $10 | $17 | $27 |
Tangible Fixed Assets | $3 | $4 | $5 |
Intangible Assets | -$0 | $30 | $36 |
Total Assets | $48 | $86 | $104 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $2 | $3 | $3 |
Short-Term Debt | $ | $ | $9 |
Other Current Liabilities | $4 | $5 | $8 |
Liability Summary | |||
Total Current Liabilities | $6 | $8 | $21 |
Long-Term Debt | $ | $ | $ |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $7 | $10 | $27 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
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Equity | |||
Common Stock | $0 | $0 | $0 |
Retained Earnings | -$355 | -$306 | -$282 |
Equity Summary | |||
Total Equity | $41 | $75 | $76 |
Shares Outstanding | 17,673,404 | 9,347,979 | 7,024,738 |