SMITH MICRO SOFTWARE, INC.

For the period ended Dec 31, 2025. Filed Mar 5, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 5, 2026

SMSI$2.21-3.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(in thousands)

Additional · Accumulated
Common Stock · Paid-in · Comprehensive
	Shares	Amount	Capital	Deficit	Total
BALANCE, December 31, 2023	9,348	$9	$381,329	$(305,948)	$75,390
Non-cash compensation recognized on stock options and employee stock purchase plan ("ESPP")	—	—	19	—	19
Restricted stock grants, net of cancellations	677	—	4,486	—	4,486
Cancellation of shares for payment of withholding tax	(163)	—	(286)	—	(286)
ESPP shares issued	5	—	5	—	5
Issuance of Common Stock, Warrants, and Pre-Funded Warrants in connection with common stock offerings, net of issuance costs	6,962	8	9,831	—	9,839
Issuance of Common Stock for Pre-Funded Warrants Exercise	844	1	(1)	—	—
Net loss	—	—	—	(48,697)	(48,697)
BALANCE, December 31, 2024	17,673	18	395,383	(354,645)	40,756
Non-cash compensation recognized on stock options and ESPP	—	—	20	—	20
Restricted stock grants, net of cancellations	3,227	3	3,587	—	3,590
Cancellation of shares for payment of withholding tax	(668)	(1)	(568)	—	(569)
ESPP shares issued	3	—	2	—	2
Issuance of Common stock and warrants in connection with common stock offering, net of issuance costs	5,563	6	3,349	(2)	3,353
Debt discount for warrants issued	—	—	565	—	565
Deemed dividend	—	—	769	(769)	—
Net loss	—	—	—	(29,327)	(29,327)
BALANCE, December 31, 2025	25,798	26	403,107	(384,743)	18,390

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.