Home / Going-concern warnings / SMITH MICRO SOFTWARE, INC.
Filed 2026-03-05 路 Form 10-K 路 Accession 0001437749-26-007087 micro
Price before filing: $2.7 (2026-03-04 close, split/dividend-adjusted)
Market cap at flag: $87.4M (2026-03-05) 路 Latest: $12.3M (2026-10-16)
| Window | SMSI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +35.6% | -3.6% | +39.1% | 2026-04-06 |
| 90 days | +49.3% | +10.4% | +38.9% | 2026-06-03 |
| 180 days | +5.2% | +11.8% | -6.6% | 2026-09-01 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"As indicated in the report provided from our independent registered public accounting firm, the Company's present financial situation raises substantial doubt about the Company's ability to continue as a going concern without additional capital becoming available to the Company."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2025-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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