{"schema_version":"secwatch.filing_event.v1","accession":"0000948708-23-000011","form_type":"8-K","ticker":"SMSI","cik":"0000948708","company_name":"SMITH MICRO SOFTWARE, INC.","filed_at":"2023-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.687064+00:00","generated_at":"2026-06-17T23:25:14.817598+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Smith Micro Software cuts executive salaries and director fees by 10% until profitability","bullets":["10% reduction in base salaries for executive team including CEO, CFO, and named executive officers effective March 14, 2023.","Quarterly fees for non-employee directors also reduced by 10% immediately.","Salaries and director compensation to be restored once company achieves non-GAAP profitability including restored amounts.","Cost reduction is part of ongoing review of Smith Micro's cost structure."],"urls":{"canonical":"https://secwatch.observer/filing/0000948708-23-000011","json":"https://secwatch.observer/filing/0000948708-23-000011.json","markdown":"https://secwatch.observer/filing/0000948708-23-000011.md","text":"https://secwatch.observer/filing/0000948708-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/948708/000094870823000011/0000948708-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/948708/000094870823000011/smsi-20230314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T23:25:14.817598+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}