SmartKem reported total assets of $1.41M and total liabilities of $2.26M for the quarter ended Jun 2026, down 67.1% year over year. This balance sheet covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 14.72M | 12.23M | 10.65M | 7.80M | 6.30M | 4.24M | 1.70M | 13.80M | 11.21M | 8.84M | 7.30M | 4.40M | 1.80M | 7.14M | 3.90M | 1.20M | 0.90M | 0.37M | 7.60M | 0.03M | ||||||
| Cash & Current Investments | 14.72M | 12.23M | 10.65M | 7.80M | 6.30M | 4.24M | 1.70M | 13.80M | 11.21M | 8.84M | 7.30M | 4.40M | 1.80M | 7.14M | 3.90M | 1.20M | 0.90M | 0.37M | 7.60M | 0.03M | ||||||
| Receivables - NetNet Receivables | 0.03M | 0.00M | 0.02M | 0.03M | 0.00M | 0.00M | 0.05M | 0.27M | 0.00M | 0.00M | 0.00M | |||||||||||||||
| Receivables - OtherOther Receivables | 0.16M | 0.06M | ||||||||||||||||||||||||
| Receivables | 0.03M | 0.00M | 0.02M | 0.03M | 0.00M | 0.00M | 0.05M | 0.43M | 0.00M | 0.00M | 0.00M | |||||||||||||||
| Prepaid Assets | 0.94M | 0.80M | 1.26M | 1.81M | 1.43M | 1.06M | 1.21M | 0.94M | 1.02M | 0.81M | 1.08M | 1.19M | 0.80M | 0.85M | 1.09M | 1.44M | 1.08M | 0.57M | 0.70M | 0.24M | ||||||
| Current Assets | 16.58M | 14.10M | 13.27M | 11.08M | 8.49M | 6.44M | 4.28M | 15.07M | 12.73M | 10.53M | 9.14M | 6.50M | 3.75M | 8.51M | 5.64M | 3.43M | 2.36M | 1.50M | 8.80M | 0.82M | ||||||
| Non-Current Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.81M | 0.80M | 0.77M | 0.68M | 0.58M | 0.60M | 0.58M | 0.56M | 0.50M | 0.46M | 0.39M | 0.33M | 0.35M | 0.27M | 0.22M | 0.17M | 0.22M | 0.18M | 0.14M | 0.11M | ||||||
| Long-Term Deferred Tax | ||||||||||||||||||||||||||
| Other Non-Current Assets | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M | 0.59M | |||||||||||
| Non-Current Assets | 0.98M | 0.96M | 0.87M | 1.23M | 1.08M | 1.08M | 1.01M | 0.98M | 0.85M | 0.75M | 0.62M | 0.56M | 0.56M | 0.40M | 0.27M | 0.85M | 0.88M | 0.79M | 0.68M | 0.59M | ||||||
| Assets | 17.56M | 15.06M | 14.13M | 12.31M | 9.57M | 7.53M | 5.29M | 16.05M | 13.58M | 11.27M | 9.76M | 7.06M | 4.31M | 8.90M | 5.91M | 4.28M | 3.25M | 2.29M | 9.48M | 1.41M | ||||||
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payables | 1.32M | 1.42M | 1.16M | 1.19M | 1.22M | 0.93M | 1.05M | 1.49M | 1.45M | 1.18M | 2.04M | 1.90M | 1.46M | 1.79M | 1.44M | 3.07M | 4.89M | 4.60M | 3.36M | 1.64M | ||||||
| Notes Payables | 0.93M | 0.10M | ||||||||||||||||||||||||
| Payables | 1.32M | 1.42M | 1.16M | 1.19M | 1.22M | 0.93M | 1.05M | 1.49M | 1.45M | 1.18M | 2.04M | 1.90M | 1.46M | 1.79M | 1.44M | 3.07M | 4.89M | 5.53M | 3.46M | 1.64M | ||||||
| Accumulated Expenses | 0.35M | 0.38M | 0.32M | 0.28M | 0.31M | 0.21M | 0.19M | 0.32M | 0.41M | 0.38M | 0.53M | 0.28M | 0.40M | 0.40M | 0.17M | 0.29M | 0.42M | 0.13M | 0.18M | |||||||
| Other Accumulated Expenses | 0.03M | 0.11M | 0.06M | 0.07M | 0.07M | 0.24M | 0.10M | 0.01M | 0.15M | 0.36M | 0.37M | 0.35M | 0.37M | 0.45M | 0.64M | 0.67M | 0.66M | 0.13M | ||||||||
| Short term Debt | ||||||||||||||||||||||||||
| Current Leases | 0.12M | 0.09M | 0.06M | 0.21M | 0.20M | 0.21M | 0.23M | 0.24M | 0.23M | 0.23M | 0.17M | 0.21M | 0.17M | 0.05M | 0.02M | 0.24M | 0.27M | 0.27M | 0.28M | 0.35M | ||||||
| Current Taxes | 0.02M | 0.00M | 0.12M | 0.29M | 0.27M | 0.23M | ||||||||||||||||||||
| Current Deferred Revenue | 0.11M | 0.11M | 0.11M | |||||||||||||||||||||||
| Total Current Liabilities | 1.45M | 1.51M | 1.22M | 1.40M | 1.41M | 1.40M | 1.38M | 1.75M | 1.83M | 1.77M | 2.58M | 2.46M | 2.00M | 2.29M | 2.10M | 3.99M | 5.82M | 5.91M | 3.84M | 2.10M | ||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||
| Non-Current Debt | 0.17M | |||||||||||||||||||||||||
| Operating Leases | 0.02M | 0.03M | 0.02M | 0.32M | 0.28M | 0.24M | 0.19M | 0.14M | 0.07M | 0.02M | 0.00M | 0.02M | 0.03M | 0.03M | 0.02M | 0.42M | 0.38M | 0.31M | 0.23M | |||||||
| Other Non-Current Liabilities | 1.83M | 1.38M | 1.37M | 0.62M | ||||||||||||||||||||||
| Total Non-Current Liabilities | 1.89M | 1.90M | 1.79M | 2.58M | 2.31M | |||||||||||||||||||||
| Total Liabilities | 1.46M | 1.54M | 1.24M | 1.72M | 1.69M | 1.64M | 1.56M | 3.72M | 3.28M | 3.16M | 3.20M | 2.48M | 2.03M | 2.31M | 2.12M | 4.41M | 6.20M | 6.22M | 4.07M | 2.26M | ||||||
| Shareholder's Equity | ||||||||||||||||||||||||||
| Total Debt | 0.93M | 0.10M | 0.17M | |||||||||||||||||||||||
| Common Equity | 16.09M | 13.52M | 12.90M | 10.60M | 7.88M | 5.88M | 3.73M | 12.33M | 10.30M | 8.11M | 6.55M | 4.59M | 2.28M | 6.59M | 3.79M | -0.13M | -2.95M | -3.93M | 5.41M | |||||||
| Liabilities and Shareholders Equity | 17.56M | 15.06M | 14.13M | 12.31M | 9.57M | 7.53M | 5.29M | 16.05M | 13.58M | 11.27M | 9.76M | 7.06M | 4.31M | 8.90M | 5.91M | 4.28M | 3.25M | 2.29M | 9.48M | 1.41M | ||||||
| Retained Earnings | 89.83M | 89.95M | 91.94M | 92.61M | 92.73M | 92.93M | 93.28M | 104.42M | 104.57M | 104.76M | 112.01M | 112.97M | 113.37M | 122.32M | 122.65M | 123.20M | 123.50M | -125.13M | 152.57M | |||||||
| Preferred Shares | 10.00M | 1.50M |