SmartKem reported cash from operations of -1.60M and free cash flow of -1.60M for the quarter ended Mar 2026, up 52.1% year over year. This cash flow statement covers 25 quarters of results from Mar 2020 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||
| Net Income (Quarter)Net Income (Qtr) | -2.40M | -2.66M | -2.70M | -2.76M | -3.70M | -3.95M | 11.00M | -2.05M | -2.03M | -3.02M | -1.40M | -1.70M | -3.10M | -2.84M | -1.40M | -2.13M | -2.40M | -3.92M | 0.13M | -19.37M | |||||
| Depreciation and Depletion (Quarter)Dep. & Depletion (Qtr) | 0.05M | 0.05M | 0.06M | 0.05M | 0.05M | 0.05M | 0.05M | 0.04M | 0.10M | 0.04M | 0.02M | 0.06M | 0.06M | 0.07M | 0.06M | 0.06M | 0.06M | 0.06M | 0.04M | 0.04M | |||||
| Share-based Compensation (Quarter)Stock Comp. (Qtr) | 0.07M | 0.00M | 0.08M | 0.10M | 0.10M | 0.10M | -0.10M | 0.06M | 0.12M | 0.12M | 0.19M | 0.02M | 0.21M | 0.26M | 0.36M | 0.09M | 2.10M | 2.10M | 0.55M | 0.26M | |||||
| Gains from Investment Securities (Quarter)Gains Investment (Qtr) | -0.00M | -0.46M | -0.00M | -0.75M | 0.08M | ||||||||||||||||||||
| Cash from Operations (Quarter)Cash from Ops. (Qtr) | -2.76M | -1.27M | -2.43M | -3.21M | -2.44M | -1.18M | -2.21M | -2.43M | -0.64M | -2.55M | -2.42M | -1.57M | -2.83M | -2.61M | -1.09M | -3.34M | -2.76M | -0.20M | -1.44M | -1.60M | |||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||
| Amortizatization of Intangibles (Quarter)Amort. of Intangibles (Qtr) | 0.28M | ||||||||||||||||||||||||
| Amortization of Deferred Charges (Quarter)Amort. Deferred Charges (Qtr) | 0.05M | 0.07M | 0.07M | 0.06M | 0.07M | 0.07M | 0.07M | 0.06M | 0.08M | 0.06M | 0.07M | 0.06M | 0.07M | 0.08M | 0.07M | 0.07M | 0.06M | 0.06M | 0.02M | 0.07M | |||||
| Depreciation & Amortization (CF) (Quarter)Dep. & Amort. (Qtr) | 0.05M | 0.05M | 0.06M | 0.05M | 0.05M | 0.05M | 0.05M | 0.04M | 0.10M | 0.04M | 0.02M | 0.06M | 0.06M | 0.07M | 0.06M | 0.06M | 0.06M | 0.06M | 0.04M | 0.04M | |||||
| Change in Working Capital | |||||||||||||||||||||||||
| Change in Receivables (Quarter)Change Receivables (Qtr) | 0.03M | -0.02M | 0.01M | 0.01M | -0.03M | -0.00M | 0.05M | 0.21M | -0.27M | 0.01M | -0.01M | ||||||||||||||
| Change in Accured Expenses (Quarter)Change Accured Exp. (Qtr) | -0.22M | 0.04M | 0.10M | -0.24M | 0.11M | 0.10M | 0.27M | -0.15M | 0.86M | -0.82M | 0.20M | 0.82M | -0.14M | -0.70M | 0.52M | 0.17M | 0.00M | 0.00M | 2.64M | 0.78M | |||||
| Change in Taxes (Quarter)Change Taxes (Qtr) | -0.02M | -0.00M | |||||||||||||||||||||||
| Other Working Capital Changes (Quarter)Other WC Changes (Qtr) | -0.06M | -0.90M | 0.53M | 0.47M | 0.59M | -0.75M | -0.27M | 0.34M | -0.28M | 0.10M | -0.23M | 0.26M | 0.10M | -0.41M | 0.08M | 0.22M | 0.30M | -0.34M | -0.45M | 0.12M | |||||
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures (Quarter)Capex (Qtr) | 0.16M | 0.06M | 0.04M | 0.02M | 0.01M | 0.01M | 0.01M | 0.01M | 0.08M | 0.02M | |||||||||||||||
| Cash from Investing Activities (Quarter)Cash from Investing (Qtr) | -0.16M | -0.06M | -0.04M | -0.02M | -0.01M | -0.01M | -0.01M | -0.01M | -0.02M | ||||||||||||||||
| Financing Activities | |||||||||||||||||||||||||
| Other financing activities (Quarter)Other financing (Qtr) | 2.00M | -1.74M | 1.74M | 0.02M | |||||||||||||||||||||
| Cash from Financing Activities (Quarter)Cash from Financing (Qtr) | 1.84M | -0.01M | 0.03M | 6.53M | 8.60M | ||||||||||||||||||||
| Change in Capital Stock | |||||||||||||||||||||||||
| Net Equity Issued and Repurchased (Quarter)Net Equity Issued (Qtr) | 4.63M | ||||||||||||||||||||||||
| Additional items | |||||||||||||||||||||||||
| Exchange Rate Effect (Quarter)FX Effect (Qtr) | 0.08M | -0.28M | -0.01M | -0.16M | -0.43M | -0.26M | 0.16M | -0.10M | 0.05M | -0.03M | 0.05M | -0.01M | -0.07M | 0.11M | -0.08M | 0.08M | 0.05M | 0.03M | -0.07M | 0.16M | |||||
| Change in Cash (Quarter)Change in Cash (Qtr) | -2.80M | -1.71M | -2.49M | -1.58M | -2.89M | -1.45M | -2.07M | -2.54M | 12.07M | -2.56M | -2.37M | -1.58M | -2.90M | -2.57M | 5.36M | -3.26M | -2.73M | -0.27M | -0.51M | 7.19M | |||||
| Free Cash Flow (Quarter)FCF (Qtr) | -2.76M | -1.43M | -2.49M | -3.26M | -2.45M | -1.19M | -2.23M | -2.43M | -0.64M | -2.56M | -2.42M | -1.57M | -2.83M | -2.68M | -1.09M | -3.34M | -2.76M | -0.20M | -1.45M | -1.60M | |||||
| Net Cash Flow (Quarter)NCF (Qtr) | -2.76M | -1.43M | -2.49M | -1.42M | -2.46M | -1.19M | -2.23M | -2.43M | -0.64M | -2.53M | -2.42M | -1.57M | -2.83M | -2.61M | 5.44M | -3.34M | -2.76M | -0.20M | -1.45M | 7.00M |