{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-076842","form_type":"8-K","ticker":"SMTK","cik":"0001817760","company_name":"SmartKem, Inc.","filed_at":"2025-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.103751+00:00","generated_at":"2026-05-17T14:47:50.950505+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SmartKem Q2 cash $1.2M, expects to fund operations only through Sep 30, 2025","bullets":["Cash of $1.2M at June 30, 2025, down from $7.1M at Dec 31, 2024; runway through Sep 30 only.","Revenue $32k (Q2 2025) vs $40k (Q2 2024); loss from operations $4.4M vs $2.8M.","R&D expenses rose $1.5M vs prior year, partly from $0.8M CPI Framework extension costs.","Signed preliminary JDA with Manz Asia to co-develop inkjet dielectric inks for advanced chip packaging.","Secured new UK patent for MicroLED manufacturing process enabling wafer reuse."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-076842","json":"https://secwatch.observer/filing/0001104659-25-076842.json","markdown":"https://secwatch.observer/filing/0001104659-25-076842.md","text":"https://secwatch.observer/filing/0001104659-25-076842.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817760/000110465925076842/0001104659-25-076842-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817760/000110465925076842/tm2523102d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:47:50.950505+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"}