---
schema_version: "secwatch.filing_event.v1"
accession: "0000948708-24-000034"
form_type: "8-K"
ticker: "SMSI"
cik: "0000948708"
company_name: "SMITH MICRO SOFTWARE, INC."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:28:32.039602+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Smith Micro Q3 revenue falls 58% YoY to $4.6M; GAAP loss $0.54/share

## Summary
- Revenue of $4.6M, down from $11.0M YoY; GAAP net loss $6.4M ($0.54 loss per share).
- Non-GAAP net loss $3.6M ($0.30 loss per share) vs non-GAAP gain of $0.6M a year ago.
- Cost reduction achieved $1.9M quarterly savings toward $2.0M target; CEO invested $3M in Oct capital raise.
- Cash and equivalents $1.5M; management targets non-GAAP profitability and free cash flow in 2025.

## SEC filing metadata
- accession: 0000948708-24-000034
- form_type: 8-K
- ticker: SMSI
- cik: 0000948708
- company_name: SMITH MICRO SOFTWARE, INC.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948708/000094870824000034/0000948708-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948708/000094870824000034/smsi-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000948708-24-000034
- JSON: https://secwatch.observer/filing/0000948708-24-000034.json
- Plain text: https://secwatch.observer/filing/0000948708-24-000034.txt

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