---
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"
generated_at: "2026-06-04T02:40:41.386882+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smith Micro expects material non-cash goodwill impairment charge in Q1 2024

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.06
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000948708-24-000015
- JSON: https://secwatch.observer/filing/0000948708-24-000015.json
- Plain text: https://secwatch.observer/filing/0000948708-24-000015.txt

## Key facts
- Restructurings & Charges
  SMITH MICRO SOFTWARE, INC. announced a impairment affecting single reporting unit (goodwill).
  - Type: impairment
  - Affected area: single reporting unit (goodwill)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/948708/000094870824000015/0000948708-24-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.