SMX (Security Matters) Public Ltd Co
For the period ended Jun 30, 2026. Filed Jul 17, 2026.
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Jun 30, 2026 · Filed Jul 17, 2026
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Operating Activities
Net cash used in operating activities was $25,360 during the six months ended June 30, 2026, compared to $4,145 during the six months ended June 30, 2025. The increase in cash used in operating activities was primarily attributable to the Company’s net loss of $45,450, adjusted for significant non-cash items, including a $11,644 expense related to the revaluation of the SEPA liability, $9,022 of share-based compensation expense, $5,253 of interest expense and revaluation of convertible notes, $1,546 of depreciation and amortization expense, and $465 related to the issuance of shares and restricted shares to investors.
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