{"schema_version":"secwatch.filing_event.v1","accession":"0000948708-24-000015","form_type":"8-K","ticker":"SMSI","cik":"0000948708","company_name":"SMITH MICRO SOFTWARE, INC.","filed_at":"2024-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.583419+00:00","generated_at":"2026-06-04T02:40:41.386882+00:00","sec_items":["2.06"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Smith Micro expects material non-cash goodwill impairment charge in Q1 2024","bullets":["Triggered by sustained decline in share price and market cap since Feb 23, 2024.","Concluded on April 4, 2024 that carrying value > fair value, requiring material non-cash goodwill impairment.","No estimate of charge amount yet; update will be provided via 8-K amendment or 10-Q.","Charge is non-cash; no expected impact on cash expenditures or compliance with agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0000948708-24-000015","json":"https://secwatch.observer/filing/0000948708-24-000015.json","markdown":"https://secwatch.observer/filing/0000948708-24-000015.md","text":"https://secwatch.observer/filing/0000948708-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/948708/000094870824000015/0000948708-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/948708/000094870824000015/smsi-20240404.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:40:41.386882+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":[{"claim_id":"354b8d346b00cd6090102e4b8f46c794d35c4084","claim":"SMITH MICRO SOFTWARE, INC. announced a impairment affecting single reporting unit (goodwill).","evidence_excerpt":"the Company concluded on April 4, 2024 that the carrying value of the Company’s single reporting unit exceeded its fair value and that a material non-cash pretax impairment charge related to goodwill will be required under generally accepted accounting principles for the first quarter of 2024","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/948708/000094870824000015/0000948708-24-000015-index.htm","confidence":0.7,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Affected area","value":"single reporting unit (goodwill)"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}