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 | -2.40M | -2.66M | -2.70M | -2.76M | -3.70M | -3.95M | -1.64M | -2.05M | -2.03M | -3.02M | -1.40M | -1.70M | -3.10M | -2.84M | -2.69M | -2.13M | -2.40M | -3.92M | 0.13M | -19.37M | |||||
| Share-based CompensationStock Comp. | 0.40M | 1.47M | 0.10M | 1.95M | 1.94M | 2.38M | 0.05M | 1.25M | 1.29M | 0.12M | 0.19M | 0.05M | 0.21M | 0.26M | 0.26M | 0.30M | 0.55M | 2.10M | 0.49M | 1.40M | |||||
| Gains from Investment SecuritiesGains Investment | -0.00M | -0.46M | -0.00M | -0.75M | 0.08M | ||||||||||||||||||||
| Cash from OperationsCash from Ops. | -2.29M | -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 | -2.78M | -0.20M | -1.42M | -1.60M | |||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | 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 | 0.28M | |||||
| Amortization of Deferred ChargesAmort. Deferred Charges | 0.07M | ||||||||||||||||||||||||
| Change in Working Capital | |||||||||||||||||||||||||
| Change in ReceivablesChange Receivables | 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 ExpensesChange Accured Exp. | -0.22M | 0.04M | 0.10M | -0.24M | 0.11M | 0.10M | -0.36M | 0.29M | 0.42M | -0.01M | -0.25M | 0.82M | -0.14M | -0.53M | 0.35M | -0.39M | 1.55M | 1.83M | -0.17M | 0.78M | |||||
| Change in TaxesChange Taxes | -0.02M | -0.00M | |||||||||||||||||||||||
| Investing Activities | |||||||||||||||||||||||||
| Capital ExpendituresCapex | 0.16M | 0.06M | 0.04M | 0.02M | 0.01M | 0.01M | 0.01M | 0.01M | 0.08M | 0.02M | |||||||||||||||
| Cash from Investing ActivitiesCash from Investing | -0.16M | -0.06M | -0.04M | -0.02M | -0.01M | -0.01M | -0.01M | -0.01M | -0.02M | ||||||||||||||||
| Financing Activities | |||||||||||||||||||||||||
| Other financing activitiesOther financing | 2.00M | 0.02M | |||||||||||||||||||||||
| Cash from Financing ActivitiesCash from Financing | 1.84M | -0.01M | 0.03M | 6.53M | 8.60M | ||||||||||||||||||||
| Change in Capital Stock | |||||||||||||||||||||||||
| Net Shares Issued and RepurchasedNet Shares Issued | 2.11M | 0.92M | 0.00M | 0.57M | 0.57M | 0.71M | 1.03M | ||||||||||||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | 4.63M | ||||||||||||||||||||||||
| Additional items | |||||||||||||||||||||||||
| Exchange Rate EffectFX Effect | -0.39M | -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 | -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 FlowFCF | -2.29M | -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 | -2.78M | -0.20M | -1.43M | -1.60M | |||||
| Net Cash FlowNCF | -2.29M | -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 | -2.78M | -0.20M | -1.43M | 7.00M |