Welcome to our dedicated page for SMITH MICRO SOFTWARE SEC filings (Ticker: SMSI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Smith Micro Software, Inc. filings document the regulatory record for a mobile software company serving wireless service providers through SafePath family digital lifestyle solutions, SafePath OS deployments, and voice messaging capabilities. Periodic and current reports cover operating and financial results, product-related business context, and material-event disclosures.
SMSI filings also cover capital structure and financing activity, including resale registration statements for common stock underlying previously issued warrants and convertible notes, registered direct offerings, private placement warrants, and secured promissory notes. Proxy and 8-K filings document governance matters, equity compensation disclosures, security-holder votes, Nasdaq share-issuance approvals, and related material agreements.
SMITH MICRO SOFTWARE, INC. (SMSI) reported an insider tax-withholding transaction by Bethany M. Braund, VP, CFO and Treasurer. On August 19, 2026, 2 shares of common stock were withheld at an average vesting price of $2.86 per share to pay income taxes. After this transaction, she directly held 6,193 shares. The filing notes that, effective at 11:59pm ET on June 4, 2026, a 1:5 reverse stock split was effected and the reported holdings reflect that split.
SMITH MICRO SOFTWARE, INC. (SMSI) reported that President and CEO Timothy C. Huffmyer had 300 shares of common stock withheld on August 19, 2026 to pay income taxes, at an average vesting price of $2.87 per share. Following this tax-withholding disposition, he directly holds 36,379 shares, which reflect the company’s 1:5 reverse stock split effective at 11:59 p.m. ET on June 4, 2026.
SMITH MICRO SOFTWARE, INC. (SMSI) reported that Executive Chairman and 10% owner William W. Smith Jr. had 963 shares of common stock withheld on 2026-08-19 at an average vesting price of $2.87 per share for the payment of income taxes. After this tax-withholding disposition, he holds 57,741 shares directly and 1,103,535 shares indirectly through the Smith Living Trust. The company effected a 1:5 reverse stock split effective at 11:59 p.m. ET on June 4, 2026, and all reported shareholdings reflect this reverse split.
Smith Micro Software, Inc. reported continued operating losses for the three and six months ended June 30, 2026 while implementing significant balance-sheet and capital-structure changes. Revenue was $4.3 million for the quarter and $8.6 million year‑to‑date, slightly below the prior‑year periods, but gross margin improved to 81.3% in the quarter as cost of revenues declined.
Operating expenses fell sharply versus the prior year, which had included an $11.1 million goodwill impairment and a $1.3 million gain on sale of the ViewSpot product; excluding these, operating costs still decreased due to restructuring and lower stock‑based compensation. Net loss attributable to common stockholders was $2.7 million for the quarter and $6.6 million for six months, with negative operating cash flow of $4.6 million.
The company raised liquidity through a $1.0 million secured note and warrant financing in February 2026, $4.9 million of secured convertible notes and associated warrants in March 2026, and a June 2026 warrant‑exercise inducement that generated about $1.6 million in cash. A one‑for‑five reverse stock split effective June 4, 2026 reduced outstanding shares from roughly 25.5 million to 5.1 million and helped regain Nasdaq minimum bid price compliance. Despite these actions, management disclosed substantial doubt about the company’s ability to continue as a going concern within one year, citing recurring losses, negative cash flows, and reliance on future capital raises and subscriber growth.
Smith Micro Software reported second quarter 2026 revenue of $4.3 million, slightly below $4.4 million a year earlier, while significantly improving profitability metrics. Gross profit rose to $3.5 million with gross margin expanding to 81.3% from 73.5%.
GAAP net loss attributable to common stockholders narrowed to $2.7 million (loss of $0.52 per share) from $15.1 million ($3.88 per share), and non-GAAP net loss improved to $1.0 million ($0.19 per share) from $2.8 million ($0.71 per share). For the first half of 2026, revenue was $8.6 million versus $9.0 million, with GAAP net loss reduced to $6.6 million from $20.2 million and non-GAAP net loss to $2.5 million from $5.6 million. Cash and cash equivalents were $2.8 million at June 30, 2026, after $5.9 million of net cash provided by financing activities and $4.6 million of net cash used in operations in the first half. Management highlights growing demand, new customer launches and an expanded SafePath® platform, while also disclosing risks including concentration with a few large customers, ongoing losses, the need to raise additional capital, and the ability to remain a going concern.
Smith Micro Software, Inc. is registering the resale of up to 487,349 shares of common stock issuable upon exercise of outstanding warrants that were issued in a June 2026 warrant inducement transaction. These shares may be sold from time to time by the named selling stockholders.
The company is not selling any shares in this offering and will receive no proceeds from stockholder resales. It may receive up to approximately $1.85 million if all registered warrants are exercised for cash. Shares of common stock outstanding were 5,589,880 as of July 9, 2026, and would be 6,077,229 assuming full warrant exercise; this is a baseline figure, not the amount being offered. The common stock trades on Nasdaq Capital Market under the symbol SMSI, and the last reported price on July 9, 2026 was $2.66 per share.
Smith Micro Software, Inc. insider William W. Smith, Jr. filed Amendment No. 5 to Schedule 13D updating his beneficial ownership of the company’s common stock after a 1-for-5 reverse stock split effective June 5, 2026.
Smith now has beneficial ownership of 5,748,317 shares of common stock, or 56.5% of the class, including 5,689,613 shares held through the Smith Living Trust. This figure includes 4,586,078 shares the trust may acquire within 60 days via warrants and convertible notes, such as a warrant for 1,763,651 shares and a convertible note for 1,348,675 shares. These instruments limit conversions and exercises so they cannot increase beneficial ownership above 49.99% of outstanding shares immediately after any such transaction.
Smith Micro Software, Inc. is registering up to 487,349 shares of common stock for resale by existing warrant holders from a June 2026 warrant inducement transaction. These shares are issuable upon exercise of new warrants with a $3.80 exercise price, granted when investors agreed to exercise prior warrants at a reduced price.
The company will not receive proceeds from any resale of shares by the selling stockholders, but could receive up to approximately $1.85 million if all registered warrants are exercised for cash. Shares outstanding were 5,589,880 as of July 9, 2026, and would be 6,077,229 if all these warrants are exercised.
In June 2026, Smith Micro completed a 1-for-5 reverse stock split, reducing outstanding common shares from 25,512,511 to 5,102,565, while keeping authorized capital at 100,000,000 common and 5,000,000 preferred shares. Recent financing included $1.0 million of short-term secured debt with attached warrants in February 2026 (later repaid) and approximately $4.9 million of secured 8.0% convertible notes and related warrants in March 2026.
Smith Micro Software, Inc. regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq notified the company that its common stock closed at or above $1.00 per share for 10 consecutive business days, from June 8, 2026 to June 22, 2026. This satisfies Nasdaq Listing Rule 5550(a)(2), so the prior deficiency notice has been resolved and the matter is now closed, removing the immediate risk of delisting related to bid price.