State Ledger
Company profile

SmartKem, Inc. CIK 1817760

Ticker
SMTK (Nasdaq)
Industry
Semiconductors & Related Devices
Headquarters
Delaware, DE 19804
Fiscal year end
2025 (FY)
Market Data
Close
$0.60
Change
-$0.03
Change %
-4.90%
Volume
895

SMTK · trading date Oct 14, 2026 · previous close $0.63 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$697.0K
Net income
-$10.51M
Total assets
$2.29M
Total liabilities
$6.22M
Stockholders' equity
-$3.93M
Cash & equivalents
$374.0K
Operating income
-$12.84M
Operating cash flow
-$7.74M
Capital expenditures
$123.0K

Fiscal year 2025, via 10-K filed 2026-04-08. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-1,841.5%
Net margin
-1,507.7%
Free cash flow
-$7.86M
Free cash flow margin
-1,127.5%
Liabilities / assets
271.9%
Equity / assets
-171.9%
CapEx / revenue
17.6%
Operating cash flow / net income
0.74×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $697.0K -$10.51M $2.29M $6.22M -$3.93M
2024 $82.0K -$10.33M $8.90M $2.31M $6.59M
2023 $27.0K -$8.50M $11.27M $3.16M $8.11M
2022 $40.0K -$11.50M $7.53M $1.64M $5.88M
2021 $18.0K -$17.13M $15.06M $1.54M $13.52M
Company Details
SIC code
3674
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form S-3
2026-09-18
Financials filed via
Form 10-K
filed 2026-04-08

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Delaware, DE 19804
3 GERMAY DRIVE, UNIT 4 #1029
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:23 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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