Smith Micro Q4 revenue $5.0M (-42% YoY); GAAP net loss $4.4M

SMITH MICRO SOFTWARE, INC.

Q4 revenue $5.0M vs $8.6M YoY; full-year revenue $20.6M vs $40.9M.
Q4 GAAP net loss $4.4M ($0.25 loss per share) vs $6.7M loss YoY.
Q4 non-GAAP net loss $1.9M ($0.11 loss per share); full-year non-GAAP net loss $13.7M.
Full-year GAAP net loss $48.7M ($3.94 loss per share) vs $24.4M loss in 2023.
Cash $2.8M at Dec 31; launched SafePath Kids with Orange Spain in Q4.

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