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. is registering 18,224,625 shares of Common Stock for resale by selling stockholders. The registration covers up to 7,190,188 Conversion Shares issuable upon conversion of Convertible Notes and up to 11,034,437 Warrant Shares issuable upon exercise of multiple warrant series, totaling 18,224,625 shares. The prospectus states the company will not receive proceeds from resale by the selling stockholders, although it may receive up to approximately $7.5 million if all Warrants are exercised for cash at current exercise prices. Several warrant anti-dilution adjustments are conditioned on stockholder approval under Nasdaq Listing Rule 5635, and the company disclosed an outstanding Nasdaq minimum bid-price compliance period and related reverse-split risks.
SMITH MICRO SOFTWARE, INC. director and Executive Chairman William W. Smith Jr. reported routine changes in his share holdings. The filing shows 1,618 shares of common stock were withheld at an average vesting price of $0.8685 per share to cover income taxes, which is a non‑market tax-withholding disposition rather than an open‑market sale. After this event he holds 293,520 shares directly and 5,517,674 shares indirectly through the Smith Living Trust.
SMITH MICRO SOFTWARE, INC. President and CEO Timothy C. Huffmyer reported a small tax-related share disposition. On the vesting date, 588 shares of common stock were withheld at an average vesting price of $0.8685 per share to cover income taxes. After this tax-withholding transaction, he directly holds 183,391 shares of common stock.
SMITH MICRO SOFTWARE, INC. VP, CFO and Treasurer Bethany M. Braund reported a Form 4 transaction involving company common stock. The company withheld 1,850 shares at an average vesting price of $0.8685 per share to cover her income tax obligations on vesting, a routine tax-withholding disposition rather than an open-market trade. After this withholding, she directly holds 30,974 shares of common stock.
Smith Micro Software, Inc. is registering 18,224,625 shares of common stock for resale by existing security holders. The shares include 7,190,188 shares issuable upon conversion of secured convertible notes and 11,034,437 shares issuable upon exercise of various warrants tied to prior debt and equity financings.
The company will not receive proceeds from stockholder resales but could receive up to approximately $7.5 million if all warrants are exercised for cash at current exercise prices. If all notes are converted and all warrants exercised, shares outstanding would rise from 25,557,408 to 43,782,033. Smith Micro highlights business concentration, going concern and Nasdaq minimum bid price compliance risks, alongside its SafePath and CommSuite product strategies.
Smith Micro Software’s quarter ended March 31, 2026 shows shrinking revenue, continued losses and tight liquidity. Revenue fell 9% to $4.2 million, mainly from lower Family Safety and ViewSpot sales, while gross profit slipped to $3.3 million. Operating expenses dropped by about $1.9 million after cost-cutting, but the company still posted a net loss of $3.9 million (basic and diluted loss of $0.15 per share), slightly better than the prior year’s $5.2 million loss.
Cash and cash equivalents were only $1.7 million with operating cash outflow of $3.8 million in the quarter, leading management to conclude that substantial doubt about the company’s ability to continue as a going concern within one year has not been alleviated. To bolster liquidity, Smith Micro raised $1.0 million via a secured note and $4.9 million through secured convertible notes bearing 8.0% interest and maturing in 2029, issuing 9.4 million warrants alongside. The company also faces Nasdaq minimum bid-price pressure and remains heavily dependent on a few large customers, which together represented 99% of Q1 2026 revenue.
Smith Micro Software reported first quarter 2026 results showing lower revenue but improved profitability. Revenue was $4.2 million for the quarter ended March 31, 2026, down from $4.6 million a year earlier, while gross margin expanded to 78.4% from 72.8%.
GAAP net loss narrowed to $3.9 million, or $0.15 per share, compared with a $5.2 million loss, or $0.28 per share, in the prior-year quarter. Non-GAAP net loss improved to $1.5 million, or $0.06 per share, from $2.9 million, or $0.16 per share. Cash and cash equivalents were $1.7 million at March 31, 2026, supported by $4.0 million of proceeds from convertible notes, notes payable and warrants offerings.
SMITH MICRO SOFTWARE, INC. Executive Chairman and 10% owner William W. Smith Jr. reported routine share updates. A total of 1,618 shares of common stock were withheld at an average vesting price of $0.70 per share to cover income taxes on vested equity.
After this tax-withholding disposition, he directly holds 295,138 shares of common stock. In addition, 5,517,674 shares are held indirectly through the Smith Living Trust, reflecting his larger overall ownership position in the company.
Smith Micro Software VP, CFO and Treasurer Bethany M. Braund reported a routine tax-related share disposition. On the transaction date, 6,761 shares of common stock were withheld at an average vesting price of $0.72 per share to cover income tax obligations on vested equity. This was not an open-market sale. After the withholding, Braund directly owned 32,824 shares of common stock, reflecting her remaining equity stake in the company.