Is SmartKem, Inc. (SMTK) a Buy, Sell, or Hold?
SmartKem, Inc.
NASDAQ:SMTK
$0.1997 USD
$0.01 (5.55%)
- Volume
- 209.52K
- Average Volume
- 10.56M
- Market Capitalization
- $909.31K
- P/E Ratio
- -0.09
- Dividend Yield
- 0.00%
- Price Target
- $
- Year High
- $3.80
- Year Low
- $0.15
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.29
SMTK Financial
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| revenue | 15.61M | 82000 | 27000 | 40000 |
| costOfRevenue | 272K | 32000 | 23000 | 33000 |
| grossProfit | 15.34M | 50000 | 4000 | 7000 |
| researchAndDevelopmentExpenses | 7.02M | 5.11M | 5.56M | 5.8M |
| generalAndAdministrativeExpenses | 7.37M | 6.34M | - | - |
| sellingAndMarketingExpenses | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 7.37M | 6.34M | 5.19M | 5.07M |
| otherExpenses | - | -939K | -749K | -1.17M |
| operatingExpenses | 14.39M | 10.51M | 10M | 9.7M |
| costAndExpenses | 14.66M | 10.55M | 10.02M | 9.74M |
| netInterestIncome | -73000 | 7000 | 12000 | 5000 |
| interestIncome | - | 7000 | 12000 | 5000 |
| interestExpense | 73000 | - | - | - |
| depreciationAndAmortization | - | 526K | 408K | 462K |
| ebitda | -1.42M | -9.86M | -9.5M | -11.01M |
| ebit | -1.42M | -10.39M | -9.9M | -11.47M |
| nonOperatingIncomeExcludingInterest | 2.38M | -78000 | -87000 | 1.77M |
| operatingIncome | 951K | -10.46M | -9.99M | -9.7M |
| totalOtherIncomeExpensesNet | -11.48M | 135K | 1.49M | -1.78M |
| incomeBeforeTax | -10.53M | -10.33M | -8.5M | -11.47M |
| incomeTaxExpense | -24000 | 1000 | - | 24000 |
| netIncomeFromContinuingOperations | -10.51M | -10.33M | -8.5M | -11.5M |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - |
| netIncome | -10.51M | -10.33M | -8.5M | -11.5M |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | -10.51M | -10.33M | -8.5M | -11.5M |
| eps | -1.29 | -3.17 | -6.32 | -13.94 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 374K | 7.14M | 8.84M | 4.24M |
| shortTermInvestments | - | - | - | - |
| cashAndShortTermInvestments | 374K | 7.14M | 8.84M | 4.24M |
| netReceivables | 552K | 903K | 1.14M | 1.35M |
| accountsReceivables | 3000 | - | 268K | 30000 |
| otherReceivables | 549K | 900K | 874K | 1.32M |
| inventory | - | - | - | - |
| prepaids | - | 465K | 467K | 825K |
| otherCurrentAssets | 575K | - | 80000 | 36000 |
| totalCurrentAssets | 1.5M | 8.51M | 10.52M | 6.44M |
| propertyPlantEquipmentNet | 180K | 389K | 740K | 1.08M |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | - | - | - | - |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | 607K | 6000 | 7000.0 | 6000.0 |
| totalNonCurrentAssets | 787K | 395K | 747K | 1.08M |
| otherAssets | - | - | - | - |
| totalAssets | 2.29M | 8.9M | 11.27M | 7.52M |
| totalPayables | 4.44M | 1.13M | 355K | 252K |
| accountPayables | 4.44M | 843K | 355K | 230K |
| otherPayables | - | 287K | - | 22000 |
| accruedExpenses | 168K | 661K | 375K | 211K |
| shortTermDebt | 928K | 47000 | 230K | 226K |
| capitalLeaseObligationsCurrent | 271K | - | - | - |
| taxPayables | - | 287K | - | 22000 |
| deferredRevenue | - | - | - | - |
| otherCurrentLiabilities | 108K | 450K | 808K | 714K |
| totalCurrentLiabilities | 5.91M | 2.29M | 1.77M | 1.4M |
| longTermDebt | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 312K | 25000 | 19000 | 239K |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - |
| otherNonCurrentLiabilities | - | - | 1.37M | - |
| totalNonCurrentLiabilities | 312K | 25000 | 1.39M | 239K |
| otherLiabilities | - | - | - | - |
| capitalLeaseObligations | 583K | 25000 | 19000 | 239K |
| totalLiabilities | 6.22M | 2.31M | 3.16M | 1.64M |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | - | - |
| commonStock | 1000 | - | - | 3000.0 |
| retainedEarnings | -125.13M | -114.62M | -95.07M | -86.57M |
| additionalPaidInCapital | 124.77M | 122.32M | 104.76M | 92.93M |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| netIncome | 218K | -10.33M | -8.5M | -11.5M |
| depreciationAndAmortization | -46000 | 526K | 408K | 462K |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | 190K | 850K | 717K | 488K |
| changeInWorkingCapital | -145K | 630K | 669K | -677K |
| accountsReceivables | 266K | 269K | 331K | -32000 |
| inventory | - | - | - | - |
| accountsPayables | 2.31M | 504K | 459K | -385K |
| otherWorkingCapital | -2.72M | -143K | -121K | -260K |
| otherNonCashItems | -7.95M | 228K | -1.33M | 2.17M |
| netCashProvidedByOperatingActivities | -7.74M | -8.1M | -8.04M | -9.05M |
| investmentsInPropertyPlantAndEquipment | -48000 | -75000 | -18000 | -79000 |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - |
| otherInvestingActivities | -75000 | - | - | - |
| netCashProvidedByInvestingActivities | -123K | -75000 | -18000 | -79000 |
| netDebtIssuance | -1M | - | - | - |
| longTermNetDebtIssuance | -1M | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - |
| netStockIssuance | 1.26M | 7.65M | 12.39M | 2M |
| netCommonStockIssuance | 1.26M | 7.65M | - | 2M |
| commonStockIssuance | 1.26M | 7.65M | - | 2M |
| commonStockRepurchased | - | - | - | - |
| netPreferredStockIssuance | - | - | 12.39M | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 742K | -1.12M | 305K | -170K |
| netCashProvidedByFinancingActivities | 1M | 6.53M | 12.69M | 1.83M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 20000 | 15.48M | 81000 | 32000 | 23000 | 42000 | - | 40000 | - | - |
| costOfRevenue | 112.1K | 114K | 5000 | 28000 | 125K | 131K | 145K | 32000 | 123K | 89000 |
| grossProfit | -92100 | 15.36M | 76000 | 4000 | -102K | -89000 | -145K | 8000 | -123K | -89000 |
| researchAndDevelopmentExpenses | 913K | 1.09M | 2.06M | 2.43M | 1.44M | 1.11M | 1.44M | 1.16M | 1.21M | 1.43M |
| generalAndAdministrativeExpenses | 1.66M | 1.74M | 1.33M | 2.36M | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.66M | 1.74M | 1.33M | 2.36M | 1.94M | 1.49M | 1.5M | 1.84M | 1.3M | 1.1M |
| otherExpenses | -108.1K | 3.9M | -3.49M | -410K | - | - | - | -217K | - | - |
| operatingExpenses | 2.47M | 6.74M | -105K | 4.38M | 3.38M | 2.6M | 2.94M | 2.78M | 2.52M | 2.53M |
| costAndExpenses | 2.58M | 6.85M | -100000 | 4.4M | 3.51M | 2.73M | 3.08M | 2.82M | 2.64M | 2.62M |
| netInterestIncome | -350K | -85000 | -1000 | 3000 | 10000 | - | - | 3000 | 6000 | 4000 |
| interestIncome | - | -13000 | - | 3000 | 10000 | - | - | 3000 | 6000 | 4000 |
| interestExpense | 350K | 72000 | 1000 | - | - | - | - | - | - | - |
| depreciationAndAmortization | 108.1K | -353K | 116K | 113K | 124K | 131K | 145K | 127K | 123K | 89000 |
| ebitda | -18.91M | 8.8M | -3.8M | -4.39M | -2.04M | -2.56M | -2.69M | -2.63M | -1.57M | -1.31M |
| ebit | -19.02M | 9.16M | -3.92M | -4.5M | -2.16M | -2.69M | -2.84M | -2.76M | -1.7M | -1.4M |
| nonOperatingIncomeExcludingInterest | 16.46M | -531K | 4.1M | 131K | -1.32M | 4000.0 | -244K | -19000 | -942K | -1.21M |
| operatingIncome | -2.56M | 8.63M | 181K | -4.37M | -3.48M | -2.69M | -3.08M | -2.78M | -2.64M | -2.62M |
| totalOtherIncomeExpensesNet | -16.81M | -10.68M | -4.1M | 1.97M | 1.32M | -4000.0 | 240K | -321K | 942K | 1.21M |
| incomeBeforeTax | -19.37M | -2.06M | -3.92M | -2.4M | -2.16M | -2.69M | -2.84M | -3.1M | -1.7M | -1.4M |
| incomeTaxExpense | - | - | - | 1000 | -25000 | - | - | 1000 | - | - |
| netIncomeFromContinuingOperations | -19.37M | -2.06M | -3.92M | -2.4M | -2.13M | -2.69M | -2.84M | -3.1M | -1.7M | -1.4M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -19.37M | -2.06M | -3.92M | -2.4M | -2.13M | -2.69M | -2.84M | -3.1M | -1.7M | -1.4M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -19.37M | -2.06M | -3.92M | -2.4M | -2.13M | -11.92M | -2.84M | -3.1M | -8.79M | -1.4M |
| eps | -1.34 | -0.22 | -0.45 | -0.3 | -0.32 | 4.52 | -0.86 | -0.98 | -0.62 | -1.58 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 7.57M | 374K | 881K | 1.15M | 3.88M | 7.14M | 1.78M | 4.35M | 7.25M | 8.84M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 7.57M | 374K | 881K | 1.15M | 3.88M | 7.14M | 1.78M | 4.35M | 7.25M | 8.84M |
| netReceivables | 710K | 552K | 514K | 1.38M | 1.09M | 900K | 1.38M | 1.47M | 1.18M | 1.14M |
| accountsReceivables | 3000 | 3000 | - | - | - | - | - | - | - | 268K |
| otherReceivables | 707K | 549K | 514K | 1.38M | 1.09M | 900K | 1.38M | 1.47M | 1.18M | 874K |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | 463K | 422K | 427K | 327K | 566K | 676K | 675K | 467K |
| otherCurrentAssets | 525K | 575K | 358K | 479K | 99000 | 3000.0 | 17000 | 5000.0 | 36000 | 80000 |
| totalCurrentAssets | 8.8M | 1.5M | 2.22M | 3.43M | 5.49M | 8.37M | 3.75M | 6.5M | 9.14M | 10.52M |
| propertyPlantEquipmentNet | 676K | 180K | 884K | 852K | 274K | 389K | 550K | 553K | 611K | 740K |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | 607K | 148K | - | 143K | 144K | 6000.0 | 6000.0 | 6000.0 | 7000.0 |
| totalNonCurrentAssets | 676K | 787K | 1.03M | 852K | 417K | 533K | 556K | 559K | 617K | 747K |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 9.48M | 2.29M | 3.25M | 4.28M | 5.91M | 8.9M | 4.31M | 7.06M | 9.76M | 11.27M |
| totalPayables | 3.03M | 4.44M | 4.03M | 2.02M | 738K | 843K | 747K | 1.12M | 1.18M | 355K |
| accountPayables | 3.03M | 4.44M | 4.03M | 2.02M | 738K | 843K | 747K | 1.12M | 1.18M | 355K |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | 324K | 168K | 417K | 292K | 175K | 397K | 404K | 283K | 534K | 375K |
| shortTermDebt | 101K | 928K | 274K | 243K | 24000 | 47000 | 165K | 209K | 174K | 230K |
| capitalLeaseObligationsCurrent | 277K | 271K | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | 228K | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 106K | 108K | 1.1M | 1.43M | 1.16M | 1M | 679K | 846K | 691K | 808K |
| totalCurrentLiabilities | 3.84M | 5.91M | 5.82M | 3.99M | 2.1M | 2.29M | 2M | 2.46M | 2.58M | 1.77M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 230K | 312K | 376K | 421K | 21000 | 25000 | 31000 | 16000 | 4000.0 | 19000 |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | 619K | 1.37M |
| totalNonCurrentLiabilities | 230K | 312K | 376K | 421K | 21000 | 25000 | 31000 | 16000 | 623K | 1.39M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 507K | 583K | 376K | 421K | 21000 | 25000 | 31000 | 16000 | 4000.0 | 19000 |
| totalLiabilities | 4.07M | 6.22M | 6.2M | 4.41M | 2.12M | 2.31M | 2.03M | 2.48M | 3.2M | 3.16M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 2000 | 1000 | - | - | - | - | - | - | - | - |
| retainedEarnings | -144.5M | -125.13M | -123.07M | -119.15M | -116.75M | -114.62M | -109.8M | -106.96M | -103.86M | -95.07M |
| additionalPaidInCapital | 152.57M | 124.77M | 123.5M | 123.2M | 122.65M | 122.32M | 113.37M | 112.96M | 112.01M | 104.76M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -19.37M | 8.67M | -3.92M | -2.4M | -2.13M | -2.69M | -2.84M | -3.1M | -1.7M | -1.4M |
| depreciationAndAmortization | 108K | -399K | 116K | 113K | 124K | 131K | 144.8K | 126.8K | 123K | 89000 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | 255K | -320K | - | 260K | 250K | 258K | 256K | - | 129K | - |
| changeInWorkingCapital | 592K | -3.19M | 2.58M | 1.06M | -600K | 853K | -99000 | -455.24K | 554K | -250.92K |
| accountsReceivables | 11000 | 106.33K | 418.67K | -133K | -126K | 583K | 216K | -170.74K | 65000 | -355.8K |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 780K | -720.44K | 1.87M | 1.55M | -393K | 355K | -533K | -141.64K | 822K | -268.84K |
| otherWorkingCapital | -199K | -2.57M | 292.13K | -358K | -81000 | -85000 | 218K | -142.85K | -333K | 373.72K |
| otherNonCashItems | 16.84M | -6.2M | 1.04M | -1.81M | -978K | 364K | -66800 | 607.05K | -681K | -727.45K |
| netCashProvidedByOperatingActivities | -1.57M | -1.43M | -181.36K | -2.78M | -3.34M | -1.09M | -2.61M | -2.82M | -1.57M | -2.29M |
| investmentsInPropertyPlantAndEquipment | - | 59750 | -107.75K | - | - | 1219 | -75000 | - | - | -5730.11 |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | -75000 | - | - | - | -1219 | - | - | - | - |
| netCashProvidedByInvestingActivities | - | -15250 | -107.75K | - | - | - | -75000 | - | - | -5730.11 |
| netDebtIssuance | 1.18M | -1M | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | -1M | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | 1.18M | - | - | - | - | - | - | - | - | - |
| netStockIssuance | 7.45M | 1.26M | - | - | - | 6.55M | 64.88 | 2992.77 | - | -272.95K |
| netCommonStockIssuance | 7.45M | 1.26M | - | - | - | 6.55M | 64.88 | 2992.77 | - | -272.95K |
| commonStockIssuance | 7.45M | 1.26M | - | - | - | 6.55M | 64.88 | 2992.77 | - | -272.95K |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -21000 | 742K | - | - | - | -19217 | 2935 | - | - | - |
| netCashProvidedByFinancingActivities | 8.6M | 1M | - | - | - | 6.53M | 3000 | 2992.77 | - | -272.95K |