---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017904"
form_type: "8-K"
ticker: "SMSI"
cik: "0000948708"
company_name: "SMITH MICRO SOFTWARE, INC."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T01:09:00.662521+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Smith Micro Q1 revenue $12.7M (+11% YoY) but net loss widens to $7.0M

## Summary
- Revenue $12.7M vs $11.4M YoY; gross profit fell to $9.1M from $9.8M; gross margin 71% vs 86%.
- GAAP net loss $7.0M ($0.13 loss per share) vs loss $3.2M ($0.07 loss) YoY.
- Non-GAAP net loss $4.3M ($0.08 loss per share) vs non-GAAP net income $0.7M ($0.02) YoY.
- Cash and equivalents $9.8M; $7.0M available under revolving credit facility.
- CEO highlights SafePath 7 launch at a Tier One U.S. wireless carrier as catalyst for future growth.

## SEC filing metadata
- accession: 0001564590-22-017904
- form_type: 8-K
- ticker: SMSI
- cik: 0000948708
- company_name: SMITH MICRO SOFTWARE, INC.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948708/000156459022017904/0001564590-22-017904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948708/000156459022017904/smsi-8k_20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017904
- JSON: https://secwatch.observer/filing/0001564590-22-017904.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017904.txt

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