---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-111295"
form_type: "8-K"
ticker: "SMTK"
cik: "0001817760"
company_name: "SmartKem, Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:31:21.199828+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SmartKem Q3 revenue $81k, operating loss $3.1M; cash $0.9M; bridge financing secured

## Summary
- Revenue $81k (up from $40k YoY); operating loss $3.1M vs $2.8M.
- Cash dropped to $0.9M from $7.1M at year-end 2024.
- Obtained $1M bridge financing on Oct 31 via $1.1M senior secured notes due Apr 2026 and warrants at $2.75/share.
- Signed non-binding LOI with Jericho Energy Ventures for AI infrastructure; preliminary JDA with Manz Asia for chip packaging.

## SEC filing metadata
- accession: 0001104659-25-111295
- form_type: 8-K
- ticker: SMTK
- cik: 0001817760
- company_name: SmartKem, Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817760/000110465925111295/0001104659-25-111295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817760/000110465925111295/tm2531177d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-111295
- JSON: https://secwatch.observer/filing/0001104659-25-111295.json
- Plain text: https://secwatch.observer/filing/0001104659-25-111295.txt

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