SMITH MICRO SOFTWARE INC
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
SMSI$2.28+1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED BALANCE SHEETS
(in thousands, except share and par value data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $7,125 | $14,026 |
| Accounts receivable, net of related allowances of $3 and $3 at December 31, 2023 and 2022, respectively | 7,912 | 10,501 |
| Prepaid expenses and other current assets | 1,843 | 1,983 |
| Total current assets | 16,880 | 26,510 |
| Equipment and improvements, net | 883 | 1,498 |
| Right-of-use assets | 2,759 | 3,722 |
| Other assets | 482 | 490 |
| Intangible assets, net | 29,532 | 36,320 |
| Goodwill | 35,041 | 35,041 |
| Total assets | $85,577 | $103,581 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $2,522 | $3,236 |
| Accrued payroll and benefits | 2,500 | 3,883 |
| Current operating lease liabilities | 1,483 | 1,441 |
| Other current liabilities | 1,137 | 1,589 |
| Current portion of convertible notes payable | — | 9,007 |
| Derivative liabilities | — | 1,575 |
| Total current liabilities | 7,642 | 20,731 |
| Non-current liabilities: | ||
| Warrant liabilities | 597 | 3,317 |
| Operating lease liabilities | 1,780 | 2,976 |
| Deferred tax liabilities, net | 168 | 178 |
| Total non-current liabilities | 2,545 | 6,471 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stock, par value $0.001 per share; 100,000,000 shares authorized; 74,783,834 and 56,197,910 shares issued and outstanding at December 31, 2023 and 2022, respectively | 75 | 56 |
| Additional paid-in capital | 381,263 | 357,875 |
| Accumulated comprehensive deficit | (305,948) | (281,552) |
| Total stockholders’ equity | 75,390 | 76,379 |
| Total liabilities and stockholders' equity | $85,577 | $103,581 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.