A company still losing money, with high risk. Institutions are adding.
Watch out for
About 1 month of cash left at its current burn
Owes more than it owns (negative equity)
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 10% to their holdings in the quarter ending June 2026 (9 bought, 7 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$0.48-4.0% that day
Company value
$14M
Share price times all shares
Price vs sales
19.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
27%
Cash as a share of company value
From SMTK's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26 (worked out from yearly totals)
Not reported
Sep '23Tap a barJun '26
Over 5 years, sales grew about 49% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of SMTK. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$3M
Profit in 5 years$0M
Price these guesses point to$0.14-71% vs $0.48 todayAbout -22% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 67% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$7.9M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.61.0%
Revenue
$697K
5-year growth
+49.3%/yr
revenue, per year
Current ratio
0.25x
short-term assets / bills due
Free cash flow
-$7.9M
-1127.5% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Nov 13, 2025
EPS
-$0.14
vs -$0.30
Free cash flow
-$1.8M
Share count
+191.3%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+10.0%
Institutions added 10.0% to their holdings. 9 bought, 7 sold. 3 quarters of net buying in a row.
Shares held by institutions1.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.4%
Cash runwayAt last year's cash burn
6 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
28M
Why high risk
Losing money, losses are large next to sales
About 6 months of cash left at its current burn
8 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Late quarterly report notice
Late annual report notice
Earnings reports
Last 8
Next reportDue any dayEstimated from the same quarter last year
Results filedNov 13, 2025
Results filedAug 12, 2025
Results filedMay 14, 2025
Results filedApr 1, 2025
Results filedNov 12, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days