{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-048155","form_type":"8-K","ticker":"SMTK","cik":"0001817760","company_name":"SmartKem, Inc.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.858659+00:00","generated_at":"2026-05-21T09:50:52.483940+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Smartkem Q1 revenue $23K; operating loss widens to $3.1M; cash drops to $3.9M","bullets":["Revenue of $23K for Q1 2025 vs nil in Q1 2024; loss from operations $3.1M vs $2.4M.","Cash and equivalents $3.9M as of March 31, 2025, down from $7.1M at December 31, 2024.","Operating expenses rose to $3.4M from $2.7M year-over-year.","Partnerships: AUO for rollable MicroLED display, Chip Foundation material sales, RiTdisplay line integration.","Appointed Jonathan Watkins as COO during Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-048155","json":"https://secwatch.observer/filing/0001104659-25-048155.json","markdown":"https://secwatch.observer/filing/0001104659-25-048155.md","text":"https://secwatch.observer/filing/0001104659-25-048155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817760/000110465925048155/0001104659-25-048155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817760/000110465925048155/tm2514881d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T09:50:52.483940+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}