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 entered financing agreements to raise equity. The company completed a registered direct sale of 1,714,373 shares of common stock at $0.6708 per share, generating approximately $1.15 million in gross proceeds. In a concurrent private placement with its Chief Executive Officer, the company sold 2,236,136 unregistered shares at $0.6708 per share for approximately $1.5 million in gross proceeds.
Both transactions included five-year warrants: investors received warrants to purchase up to 1,714,373 shares at $0.6708 per share, exercisable beginning six months after issuance, and the CEO received warrants to purchase up to 2,236,136 shares at $0.6708 per share, exercisable following stockholder approval. The company plans to use net proceeds for working capital and general corporate purposes, with closing on or about November 6, 2025.
The company agreed to file a resale registration within 60 days and seek effectiveness within 120 days. It also agreed to a 30‑day issuance and filing pause and a three‑month restriction on Variable Rate Transactions. The placement agent will receive a 6.0% cash fee and up to $125,000 in expenses.
Smith Micro Software, Inc. (SMSI) is offering 1,714,373 shares of common stock at $0.6708 per share in a registered direct offering. The company expects gross proceeds of $1,150,001.41 and estimates net proceeds of approximately $0.9 million after expenses, to be used for general corporate purposes and working capital. Roth Capital Partners is acting as placement agent, with a $45,000 fee. Delivery of shares is expected on or about November 6, 2025.
In a concurrent private placement, the company will issue unregistered Warrants to purchase up to 1,714,373 shares at an exercise price of $0.6708 per share, exercisable after six months and expiring five and one‑half years from issuance; the company agreed to file a resale registration statement for the Warrant Shares. Shares outstanding immediately after this offering are expected to be 23,300,085, assuming no November Private Placement closing and no warrant exercises.
Smith Micro Software (SMSI) reported Q3 2025 results showing revenue of $4.347 million, down slightly from $4.648 million a year ago. The quarter’s operating loss narrowed to $4.485 million from $6.507 million, and net loss was $4.535 million versus $6.369 million. For the nine months, net loss was $24.774 million compared with $44.306 million last year, reflecting prior-period goodwill impairments and ongoing cost actions.
Liquidity remains tight. Cash and cash equivalents were $1.394 million, with net cash used in operations of $5.007 million for the nine months. Management disclosed “substantial doubt” about the company’s ability to continue as a going concern, citing recurring losses and negative cash flows, while outlining cost reductions and potential capital raises.
During the quarter, the company closed a July 2025 registered direct offering of 1,612,903 shares at $0.93 and issued warrants with full‑ratchet features, and raised approximately $1.2 million through September 2025 secured notes bearing 15.0% interest, each with accompanying warrants. A deemed dividend of $0.635 million was recorded due to warrant repricing. Shares outstanding were 21,585,712 as of November 3, 2025.
Smith Micro Software (SMSI) reported Q3 2025 results showing revenue of $4.347 million, down slightly from $4.648 million a year ago. The quarter’s operating loss narrowed to $4.485 million from $6.507 million, and net loss was $4.535 million versus $6.369 million. For the nine months, net loss was $24.774 million compared with $44.306 million last year, reflecting prior-period goodwill impairments and ongoing cost actions.
Liquidity remains tight. Cash and cash equivalents were $1.394 million, with net cash used in operations of $5.007 million for the nine months. Management disclosed “substantial doubt” about the company’s ability to continue as a going concern, citing recurring losses and negative cash flows, while outlining cost reductions and potential capital raises.
During the quarter, the company closed a July 2025 registered direct offering of 1,612,903 shares at $0.93 and issued warrants with full‑ratchet features, and raised approximately $1.2 million through September 2025 secured notes bearing 15.0% interest, each with accompanying warrants. A deemed dividend of $0.635 million was recorded due to warrant repricing. Shares outstanding were 21,585,712 as of November 3, 2025.
Smith Micro Software (SMSI) furnished a press release announcing its financial results for the three and nine months ended September 30, 2025. The press release is provided as Exhibit 99.1.
Consistent with General Instruction B.2, the information under Item 2.02 (and incorporated into Item 7.01) is furnished, not filed, and therefore is not subject to Section 18 liability nor automatically incorporated into Securities Act filings.
Smith Micro Software (SMSI) furnished a press release announcing its financial results for the three and nine months ended September 30, 2025. The press release is provided as Exhibit 99.1.
Consistent with General Instruction B.2, the information under Item 2.02 (and incorporated into Item 7.01) is furnished, not filed, and therefore is not subject to Section 18 liability nor automatically incorporated into Securities Act filings.
Smith Micro Software (SMSI) reported a director equity award on Form 4. Director Gregory J. Szabo received 7,993 shares of common stock on 10/09/2025 as an unrestricted stock award in lieu of fourth quarter 2025 cash compensation for non-employee director service. The shares were granted at a reported price of $0. Following this transaction, Szabo beneficially owns 60,993 shares, held directly.
Smith Micro Software (SMSI) director Asha Keddy acquired 7,993 shares of common stock on 10/09/2025. The shares were granted at $0 as an unrestricted stock award in lieu of fourth quarter 2025 cash compensation for service as a non-employee director.
Following the award, Keddy beneficially owns 42,129 shares, held directly.
Smith Micro Software (SMSI) director Samuel Gulko reported an equity grant on a Form 4. On 10/09/2025, he acquired 7,993 shares of common stock at $0 as an unrestricted stock award granted in lieu of fourth quarter 2025 cash compensation for service as a non-employee director.
Following this transaction, his directly held position totals 57,774 shares. The filing indicates this was a single-person filing and confirms his role as a director.
Smith Micro Software (SMSI) reported a routine insider transaction. Director Steven L. Elfman acquired 7,993 shares of common stock on 10/09/2025 at $0 per share. Following the grant, he beneficially owns 56,587 shares, held directly.
The filing notes this was an unrestricted stock award granted in lieu of fourth quarter 2025 cash compensation for service as a non-employee director.
Smith Micro Software (SMSI) director Thomas G. Campbell reported acquiring 7,993 shares of common stock at $0 on 10/09/2025.
The filing states this was an unrestricted stock award granted in lieu of fourth quarter 2025 cash compensation for service as a non-employee director. After the award, Campbell beneficially owns 37,206 shares, held directly.
Smith Micro Software (SMSI) reported an insider transaction by a director. On 10/09/2025, the director acquired 7,993 shares of common stock as an unrestricted stock award, granted in lieu of fourth quarter 2025 cash compensation for service as a non-employee director.
Following this award, the reporting person beneficially owns 75,507 shares directly. The filing also lists 1,875 shares held via a spouse’s IRA and 1,875 shares each held by MJA Investment and JBA Investment.