smith micro (nasdaq: smsi) creates proven software solutions for a mobile world. in doing so, we solve acute business challenges for some of the leading global wireless service providers, cable/msos, mobile device and chipset manufacturers around the world. in addition to our wireless solutions, we create industry-leading graphics software for animators, illustrators, graphic designers and students. these products help to fuel the market with rich, animated cartoons, films and motion comics, while our wireless solutions facilitate convenient content consumption by improving the efficiency and effectiveness of the networks, devices and apps that enable our ‘mobile-first’ global society. our wireless solutions improve the quality of experience for mobile users through connectivity optimization, policy-on-device control and analytics-driven insights. these solutions also enable enterprises, brands and communication service providers to engage with their subscribers in personalized, more v
Company profile
Ticker
SMSI
Exchange
Website
CEO
William Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
SMITH MICRO SOFTWARE INC, SMITH MICRO SOFTWARE, INC
SEC CIK
Corporate docs
Subsidiaries
Smith Micro Software d.o.o. • Smith Micro Software, Unipessoal Lda, a Portuguese corporation • Smith Micro Software SK s.r.o. ...
IRS number
330029027
SMSI stock data
Latest filings (excl ownership)
8-K
Material Impairments
4 Apr 24
DEF 14A
Definitive proxy
13 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Smith Micro Reports Fourth Quarter and Fiscal Year 2023 Financial Results
22 Feb 24
PRE 14A
Preliminary proxy
22 Feb 24
PX14A6G
Letter to shareholders
14 Feb 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
2 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Smith Micro Reports Third Quarter and Year-to-Date 2023 Financial Results
8 Nov 23
S-8
Registration of securities for employees
10 Aug 23
Transcripts
SMSI
Earnings call transcript
2023 Q4
22 Feb 24
SMSI
Earnings call transcript
2023 Q3
8 Nov 23
SMSI
Earnings call transcript
2023 Q2
9 Aug 23
SMSI
Earnings call transcript
2023 Q1
11 May 23
SMSI
Earnings call transcript
2022 Q4
9 Mar 23
SMSI
Earnings call transcript
2022 Q3
11 Nov 22
SMSI
Earnings call transcript
2022 Q2
11 Aug 22
SMSI
Earnings call transcript
2022 Q1
4 May 22
SMSI
Earnings call transcript
2021 Q4
11 Mar 22
SMSI
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
4
James M Kempton
1 Apr 24
4
James M Kempton
21 Mar 24
4
WILLIAM W SMITH JR
21 Mar 24
4
James M Kempton
15 Mar 24
4
WILLIAM W SMITH JR
15 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
4
James M Kempton
23 Feb 24
4
WILLIAM W SMITH JR
23 Feb 24
SC 13G/A
Iroquois Capital Management, LLC
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.98 mm | 7.98 mm | 7.98 mm | 7.98 mm | 7.98 mm | 7.98 mm |
Cash burn (monthly) | (no burn) | 918.25 k | 1.71 mm | 2.13 mm | (no burn) | 894.42 k |
Cash used (since last report) | n/a | 6.13 mm | 11.39 mm | 14.21 mm | n/a | 5.97 mm |
Cash remaining | n/a | 1.85 mm | -3.41 mm | -6.23 mm | n/a | 2.01 mm |
Runway (months of cash) | n/a | 2.0 | -2.0 | -2.9 | n/a | 2.2 |
Institutional ownership, Q2 2023
11.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 47 |
Opened positions | 7 |
Closed positions | 5 |
Increased positions | 15 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 8.94 bn |
Total shares | 9.06 mm |
Total puts | 209.90 k |
Total calls | 374.10 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 2.75 mm | $3.06 bn |
Pacific Ridge Capital Partners | 1.99 mm | $2.21 bn |
Renaissance Technologies | 602.50 k | $669.00 k |
Geode Capital Management | 594.27 k | $659.64 mm |
BLK Blackrock | 546.57 k | $606.69 mm |
Susquehanna International | 357.74 k | $397.10 mm |
Citadel Advisors | 347.98 k | $386.26 mm |
Raymond James Financial Services Advisors | 241.24 k | $267.78 mm |
CM Management | 225.00 k | $250.00 k |
STT State Street | 203.39 k | $225.77 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | James M Kempton | Common Stock | Grant | Acquire A | No | No | 0.289 | 250 | 72.25 | 403,317 |
19 Mar 24 | William W Smith JR | Common Stock | Payment of exercise | Dispose F | No | No | 0.34 | 11,866 | 4.03 k | 661,396 |
19 Mar 24 | James M Kempton | Common Stock | Payment of exercise | Dispose F | No | No | 0.34 | 4,906 | 1.67 k | 403,067 |
13 Mar 24 | James M Kempton | Common Stock | Sell | Dispose S | No | No | 0.35 | 4,804 | 1.68 k | 407,973 |
13 Mar 24 | William W Smith JR | Common Stock | Sell | Dispose S | No | No | 0.35 | 11,651 | 4.08 k | 673,262 |
News
12 Information Technology Stocks Moving In Thursday's Intraday Session
18 Apr 24
Why Las Vegas Sands Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
18 Apr 24
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
18 Apr 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
3 Apr 24
Smith Micro Announces 1-For-8 Reverse Stock Split In Effect April 11, 2024
3 Apr 24