SMTK
SmartKem, Inc.
NASDAQ · Technology · Semiconductors · GB
$2.34
−1.68%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 662.0K | 697.0K | 82.0K | 27.0K | 40.0K |
| Cost of Revenue | 247.0K | 272.0K | 32.0K | 23.0K | 33.0K |
| Gross Profit | 415.0K | 425.0K | 50.0K | 4.0K | 7.0K |
| Operating Expenses | |||||
| R&D Expense | 4.7M | 7.0M | 5.1M | 5.6M | 5.8M |
| SG&A Expense | 5.4M | 7.4M | 6.3M | 5.2M | 5.1M |
| General & Admin Expense | 2.1M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | (537.0K) | (951.0K) | (1.0M) | (836.0K) | (1.2M) |
| Total Operating Expenses | 9.6M | 13.4M | 10.4M | 9.9M | 9.7M |
| Cost and Expenses | 9.9M | 13.7M | 10.5M | 9.9M | 9.7M |
| Operating Income (EBIT) | (9.2M) | (13.0M) | (10.4M) | (9.9M) | (9.7M) |
| Non-Operating | |||||
| Interest Income | (13.0K) | — | 7.0K | 12.0K | 5.0K |
| Interest Expense | 426.0K | 73.0K | — | — | — |
| Net Interest Income | (439.0K) | (73.0K) | 7.0K | 12.0K | 5.0K |
| Other Non-Op Income/Expense | (19.4M) | 2.5M | 57.0K | 1.4M | (1.8M) |
| Non-Operating Income (excl Interest) | (698.0K) | (2.6M) | — | — | — |
| EBT (Pre-Tax Income) | (28.6M) | (10.5M) | (10.3M) | (8.5M) | (11.5M) |
| Income Tax Expense | 1.0K | (24.0K) | 1.0K | — | 24.0K |
| Bottom Line | |||||
| Net Income | (28.6M) | (10.5M) | (10.3M) | (8.5M) | (11.5M) |
| Earnings from Cont. Ops | (28.6M) | (10.5M) | (10.3M) | (8.5M) | (11.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (28.6M) | (10.5M) | (19.6M) | (8.5M) | (11.5M) |
| Per Share | |||||
| Basic EPS | ($107.50) | ($64.50) | ($158.50) | ($316.00) | ($697.00) |
| Diluted EPS | ($107.50) | ($64.50) | ($158.50) | ($316.00) | ($697.00) |
| Revenue Per Share | $1.41 | $4.27 | $1.26 | $1.00 | $2.43 |
| Shares | |||||
| Basic Shares Outstanding | 470209 | 163133 | 65203 | 26898 | 16492 |
| Diluted Shares Outstanding | 470209 | 163133 | 65203 | 26898 | 16492 |
| Profitability Metrics | |||||
| EBITDA | (8.2M) | (10.0M) | (9.9M) | (9.5M) | (9.2M) |
| D&A | 288.0K | 417.0K | 526.0K | 408.0K | 462.0K |
| EBIT | (8.5M) | (10.5M) | (10.4M) | (9.9M) | (9.7M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026