---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-030210"
form_type: "8-K"
ticker: "SMTK"
cik: "0001817760"
company_name: "SmartKem, Inc."
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T01:03:36.206888+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SmartKem reports FY 2024 revenue of $82K, cash $7.1M; advances MicroLED partnerships

## Summary
- Revenue $82K for FY 2024, up from $27K in 2023, driven by demonstrator product sales.
- Operating expenses $11.5M; cash and equivalents $7.1M at Dec 31, 2024.
- Raised $7.65M in equity and received $1.1M Innovate UK grant in December 2024.
- Partnered with AUO for rollable transparent MicroLED display; first TRUFLEX sale to Chip Foundation.
- Appointed Jonathan Watkins as COO effective in Q1 2025.

## SEC filing metadata
- accession: 0001104659-25-030210
- form_type: 8-K
- ticker: SMTK
- cik: 0001817760
- company_name: SmartKem, Inc.
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817760/000110465925030210/0001104659-25-030210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817760/000110465925030210/tm2510662d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-030210
- JSON: https://secwatch.observer/filing/0001104659-25-030210.json
- Plain text: https://secwatch.observer/filing/0001104659-25-030210.txt

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