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. executive Timothy C. Huffmyer, the VP, COO, CFO and Treasurer, acquired a secured convertible note and a common stock purchase warrant on March 6, 2026 for an aggregate purchase price of $90,970.45.
The warrant is exercisable into 174,944 shares of common stock at $0.68 per share and expires on September 6, 2031. The secured convertible note is convertible, assuming full original principal conversion, into 133,781 shares of common stock at the same $0.68 conversion price and expires on March 31, 2029. These derivative positions were acquired directly and there are no remaining derivative holdings disclosed beyond these grants.
Smith Micro Software, Inc. insider ownership has been updated in this amended Schedule 13D. Chairman, President and CEO William W. Smith, Jr. now reports beneficial ownership of 9,380,822 shares of common stock, representing 32.3% of the class.
He has sole voting and dispositive power over 301,699 shares, and shared voting and dispositive power over 9,079,123 shares held by the Smith Living Trust, where he and his spouse serve as co-trustees. These shared holdings include 3,561,449 shares that can be acquired within sixty days through warrant exercises, based on 25,499,217 shares outstanding as of March 8, 2026.
On March 10, 2026, the Smith Living Trust purchased a secured convertible note that may be converted into 6,743,371 shares of common stock and a common stock purchase warrant exercisable for 8,818,254 shares, both acquired for investment purposes. The filing also notes recent forfeitures and tax withholdings related to Mr. Smith’s restricted stock awards.
SMITH MICRO SOFTWARE, INC. executive Timothy C. Huffmyer reported a disposition of company shares under a restricted stock arrangement. On March 4, 2026, 5,261 shares of common stock were forfeited to the issuer at a stated price of $0.00 per share in accordance with the terms of the grant.
After this forfeiture, Huffmyer directly held 186,355 shares of SMITH MICRO SOFTWARE, INC. common stock.
Smith Micro Software President and CEO William W. Smith Jr. reported two dispositions of common stock that did not involve open-market selling. On February 27, 43,366 shares were withheld at an average vesting price of $0.523 per share to cover income taxes on vesting restricted stock, and on March 4, 12,626 shares of restricted stock were forfeited under the grant terms.
After these direct dispositions to the issuer and for tax withholding, he directly owned 301,669 shares of common stock. A separate indirect line shows 5,517,674 shares held through the Smith Living Trust following the February 27 date.
Smith Micro Software reports a challenging 2025, with revenue down 16% to $17.4 million, mainly from a $2.3 million drop in Family Safety sales and a $1.0 million decline in ViewSpot revenue before that product was divested.
Gross profit fell to $12.9 million, and a non‑cash goodwill impairment of $11.1 million contributed to a net loss attributable to common stockholders of $30.1 million, or $1.46 per share. The auditor’s report cites substantial doubt about the company’s ability to remain a going concern without new capital or successful execution of cost cuts and growth plans.
The three largest customers provided 60%, 21%, and 18% of 2025 revenue, underscoring heavy customer concentration risk. To shore up liquidity, the company raised about $1.5 million, $1.2 million, and $2.7 million in separate 2025 equity and note financings and implemented cost reductions expected to lower 2026 expenses by roughly $7.2 million. Smith Micro also faces potential dilution from 18,348,471 outstanding warrants and secured Convertible Notes, as well as ongoing Nasdaq minimum bid price compliance risk.
Smith Micro Software entered a securities purchase agreement for secured convertible notes with aggregate principal of about $4.9 million at an initial conversion price of $0.68 per share, plus warrants for roughly 9.4 million shares. The unregistered private placement is expected to close around March 6, 2026, with proceeds used to repay up to $2.2 million of notes due March 31, 2026 and for general corporate purposes.
The notes carry interest of 8.0% per year, rising to 12.0% on default, mature on March 31, 2029, and are secured by certain company assets. Conversion and warrant exercises are subject to beneficial ownership caps of 19.99%, or 49.99% for the Smith Living Trust, which is a major investor in the deal.
The filing also details leadership changes effective at the close of business on March 31, 2026, with longtime CEO William W. Smith, Jr. becoming Executive Chairman and Timothy C. Huffmyer promoted to President and CEO, while Bethany M. Braund becomes Chief Financial Officer and Treasurer. Separately, Smith Micro reported $4.0 million in fourth-quarter 2025 revenue and a GAAP net loss of $4.7 million, and for full-year 2025, revenue of $17.4 million with a GAAP net loss of $30.1 million and ending cash of $1.5 million.
Smith Micro Software entered a securities purchase agreement for secured convertible notes with aggregate principal of about $4.9 million at an initial conversion price of $0.68 per share, plus warrants for roughly 9.4 million shares. The unregistered private placement is expected to close around March 6, 2026, with proceeds used to repay up to $2.2 million of notes due March 31, 2026 and for general corporate purposes.
The notes carry interest of 8.0% per year, rising to 12.0% on default, mature on March 31, 2029, and are secured by certain company assets. Conversion and warrant exercises are subject to beneficial ownership caps of 19.99%, or 49.99% for the Smith Living Trust, which is a major investor in the deal.
The filing also details leadership changes effective at the close of business on March 31, 2026, with longtime CEO William W. Smith, Jr. becoming Executive Chairman and Timothy C. Huffmyer promoted to President and CEO, while Bethany M. Braund becomes Chief Financial Officer and Treasurer. Separately, Smith Micro reported $4.0 million in fourth-quarter 2025 revenue and a GAAP net loss of $4.7 million, and for full-year 2025, revenue of $17.4 million with a GAAP net loss of $30.1 million and ending cash of $1.5 million.
Smith Micro Software entered a securities purchase agreement for secured convertible notes with aggregate principal of about $4.9 million at an initial conversion price of $0.68 per share, plus warrants for roughly 9.4 million shares. The unregistered private placement is expected to close around March 6, 2026, with proceeds used to repay up to $2.2 million of notes due March 31, 2026 and for general corporate purposes.
The notes carry interest of 8.0% per year, rising to 12.0% on default, mature on March 31, 2029, and are secured by certain company assets. Conversion and warrant exercises are subject to beneficial ownership caps of 19.99%, or 49.99% for the Smith Living Trust, which is a major investor in the deal.
The filing also details leadership changes effective at the close of business on March 31, 2026, with longtime CEO William W. Smith, Jr. becoming Executive Chairman and Timothy C. Huffmyer promoted to President and CEO, while Bethany M. Braund becomes Chief Financial Officer and Treasurer. Separately, Smith Micro reported $4.0 million in fourth-quarter 2025 revenue and a GAAP net loss of $4.7 million, and for full-year 2025, revenue of $17.4 million with a GAAP net loss of $30.1 million and ending cash of $1.5 million.
Smith Micro Software executive Timothy C. Huffmyer reported a tax-related share disposition. On this Form 4, 27,010 shares of common stock were withheld at an average vesting price of $0.512 per share to cover income taxes, leaving him with 191,616 directly owned shares.
Smith Micro Software executive Timothy C. Huffmyer reported a forfeiture of 7,280 shares of common stock to the company under the terms of a restricted stock grant. After this disposition to the issuer, he directly holds 218,626 shares of Smith Micro Software common stock.
Smith Micro Software President and CEO William W. Smith Jr. reported the forfeiture of 9,706 shares of restricted common stock to the company in an issuer disposition. The shares were forfeited at a price of $0.00 per share in accordance with the grant terms.
After this forfeiture, he directly holds 357,691 shares of common stock. In addition, 5,517,674 shares are held indirectly through the Smith Living Trust, reflecting his remaining reported ownership position.
Smith Micro Software’s Form 4 shows that Smith Living Trust, a trust associated with President and CEO William W. Smith Jr., acquired a common stock purchase warrant from the company. The warrant covers 1,480,165 shares of common stock at an exercise price of $0.68 per share.
The warrant becomes exercisable on 08/03/2026 and expires on 08/03/2031. It was purchased together with a promissory note for aggregate consideration of approximately $1,000,000. The warrant is reported as indirectly owned through the Smith Living Trust, where Smith serves as co‑trustee.