# Smith Micro Software Inc. (SMSI)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $72M  
**Price:** $3.48 (-3.06%)

> Smith Micro Software Inc. develops and sells software solutions that simplify and enhance the mobile experience for wireless and cable service providers across the Americas, Europe, the Middle East, and Africa. The company specializes in family safety and digital lifestyle protection through its SafePath product suite, including SafePath OS, SafePath Kids, SafePath Family, SafePath Global, SafePath IoT, SafePath Home, and SafePath Premium. These tools enable users to protect digital lifestyles, manage connected devices both inside and outside the home, and support the Digital Family Lifestyle. Additionally, Smith Micro Software Inc. offers CommSuite, a messaging platform that delivers next-generation voicemail experiences with multi-language voice-to-text transcription for mobile subscribers. The company's solutions also include wireless internet tools like ViewSpot for accessing information and entertainment. Founded in 1982 and headquartered in Pittsburgh, Pennsylvania, Smith Micro Software Inc. plays a key role in the technology sector by providing essential software to mobile carriers and their subscribers worldwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $17M | $13M | -$29M | -$29M | — |
| 2024 | $21M | $14M | -$49M | -$49M | — |
| 2023 | $41M | $30M | -$18M | -$24M | — |
| 2022 | $49M | $34M | -$31M | -$29M | — |
| 2021 | $58M | $46M | -$31M | -$31M | — |
| 2020 | $51M | $46M | $4M | $4M | — |
| 2019 | $43M | $39M | $10M | $11M | — |
| 2018 | $26M | $22M | -$1M | -$3M | — |
| 2017 | $23M | $18M | -$6M | -$7M | — |
| 2016 | $28M | $21M | -$16M | -$15M | — |
| 2015 | $40M | $31M | -$3M | -$3M | — |
| 2014 | $37M | $28M | -$12M | -$12M | — |
| 2013 | $43M | $33M | -$28M | -$28M | — |
| 2012 | $43M | $35M | -$27M | -$25M | — |
| 2011 | $58M | $44M | -$166M | -$160M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $25M | $7M | $18M | $1M | — |
| 2024 | $48M | $7M | $41M | $3M | — |
| 2023 | $86M | $10M | $75M | $7M | — |
| 2022 | $104M | $27M | $76M | $14M | — |
| 2021 | $115M | $14M | $101M | $16M | — |
| 2020 | $73M | $14M | $59M | $26M | — |
| 2019 | $61M | $13M | $49M | $28M | — |
| 2018 | $25M | $5M | $21M | $12M | — |
| 2017 | $14M | $9M | $5M | $2M | $4M |
| 2016 | $14M | $11M | $3M | $2M | $3M |
| 2015 | $24M | $10M | $14M | $9M | — |
| 2014 | $27M | $12M | $15M | $10M | — |
| 2013 | $32M | $13M | $18M | $12M | — |
| 2012 | $54M | $12M | $43M | $19M | — |
| 2011 | $80M | $15M | $65M | $7M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$7M | $88,000 | -$7M |
| 2024 | -$14M | $20,000 | -$14M |
| 2023 | -$7M | — | — |
| 2022 | -$19M | — | — |
| 2021 | -$13M | — | — |
| 2020 | $8M | — | — |
| 2019 | $10M | — | — |
| 2018 | -$3M | — | — |
| 2017 | -$7M | — | — |
| 2013 | -$17M | — | — |
| 2012 | -$13M | — | — |
| 2011 | -$14M | — | — |
| 2010 | $25M | — | — |
| 2009 | $18M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/SMSI)