$SMID
SMITH MIDLAND CORP Stock $smid

$smid Overview Financials Valuation SEC Filings Company Website

2015 Q4 Form 10-Q Financial Statement

#000092471915000027 Filed on November 12, 2015

Income Statement

Concept	2015 Q4	2015 Q3	2014 Q3
Revenue	$7.700M	$10.40M	$5.975M
YoY Change	73.81%	74.11%	-13.48%
Cost Of Revenue	$5.910M	$7.280M	$4.455M
YoY Change	39.39%	63.43%	-13.39%
Gross Profit	$1.790M	$3.123M	$1.520M
YoY Change	842.11%	105.4%	-13.76%
Gross Profit Margin	23.25%	30.02%	25.45%
Selling, General & Admin	$1.530M	$1.366M	$1.311M
YoY Change	25.41%	4.22%	6.57%
% of Gross Profit	85.47%	43.75%	86.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$170.0K	$170.0K	$160.0K
YoY Change	0.0%	6.25%	6.67%
% of Gross Profit	9.5%	5.44%	10.52%
Operating Expenses	$1.480M	$1.366M	$1.311M
YoY Change	35.78%	4.22%	6.57%
Operating Profit	$310.0K	$1.770M	$216.8K
YoY Change	-134.44%	716.34%	-55.3%
Interest Expense	-$10.00K	$26.60K	$28.99K
YoY Change	-83.33%	-8.24%	-26.9%
% of Operating Profit	-3.23%	1.5%	13.37%
Other Income/Expense, Net		-$7.541K	-$29.28K
YoY Change		-74.25%
Pretax Income	$300.0K	$1.762M	$187.5K
YoY Change	-130.0%	839.81%	-58.05%
Income Tax	$130.0K	$610.0K	$75.00K
% Of Pretax Income	43.33%	34.62%	40.0%
Net Earnings	$170.0K	$1.152M	$112.5K
YoY Change	-127.42%	924.14%	-58.63%
Net Earnings / Revenue	2.21%	11.07%	1.88%
Basic Earnings Per Share		$0.24	$0.02
Diluted Earnings Per Share	$32.63K	$0.23	$0.02
COMMON SHARES
Basic Shares Outstanding	4.853M shares	4.894M shares	4.882M shares
Diluted Shares Outstanding		4.946M shares	4.925M shares

Balance Sheet

Concept	2015 Q4	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.780M	$2.020M	$5.240M
YoY Change	-39.43%	-61.45%	68.49%
Cash & Equivalents	$3.523M	$991.1K	$4.237M
Short-Term Investments	$1.040M	$1.030M	$1.000M
Other Short-Term Assets	$860.0K	$860.0K	$830.0K
YoY Change	50.88%	3.61%	13.7%
Inventory	$2.490M	$2.170M	$1.680M
Prepaid Expenses
Receivables	$6.795M	$10.26M	$4.846M
Other Receivables	$390.0K	$70.00K	$130.0K
Total Short-Term Assets	$13.51M	$15.47M	$12.96M
YoY Change	13.17%	19.34%	-3.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.074M	$4.465M	$4.244M
YoY Change	23.55%	5.2%	3.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$268.7K	$269.3K	$271.1K
YoY Change	5.22%	-0.66%	-11.66%
Total Long-Term Assets	$5.343M	$4.734M	$4.515M
YoY Change	22.48%	4.85%	2.01%
TOTAL ASSETS
Total Short-Term Assets	$13.51M	$15.47M	$12.96M
Total Long-Term Assets	$5.343M	$4.734M	$4.515M
Total Assets	$18.85M	$20.20M	$17.48M
YoY Change	15.66%	15.6%	-1.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.744M	$2.812M	$1.441M
YoY Change	51.32%	95.11%	42.28%
Accrued Expenses	$974.8K	$1.159M	$1.278M
YoY Change	80.67%	-9.34%	15.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$440.0K	$370.0K	$370.0K
YoY Change	22.22%	0.0%	12.12%
Total Short-Term Liabilities	$4.528M	$6.204M	$3.390M
YoY Change	54.5%	83.01%	-1.97%
LONG-TERM LIABILITIES
Long-Term Debt	$2.080M	$2.050M	$2.320M
YoY Change	-6.73%	-11.64%	-7.2%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$2.080M	$2.050M	$2.320M
YoY Change	-6.73%	-11.64%	-7.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.528M	$6.204M	$3.390M
Total Long-Term Liabilities	$2.080M	$2.050M	$2.320M
Total Liabilities	$7.460M	$8.851M	$6.211M
YoY Change	28.08%	42.51%	-5.67%
SHAREHOLDERS EQUITY
Retained Earnings	$6.342M	$6.363M	$6.285M
YoY Change	15.48%	1.24%	-0.06%
Common Stock	$49.20K	$48.94K	$48.82K
YoY Change	0.78%	0.25%	0.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$102.3K	$102.3K	$102.3K
YoY Change	0.0%	0.0%	0.0%
Treasury Stock Shares	40.92K shares	40.92K shares	40.92K shares
Shareholders Equity	$11.39M	$11.35M	$11.27M
YoY Change
Total Liabilities & Shareholders Equity	$18.85M	$20.20M	$17.48M
YoY Change	15.66%	15.6%	-1.77%

Cashflow Statement

Concept	2015 Q4	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	$170.0K	$1.152M	$112.5K
YoY Change	-127.42%	924.14%	-58.63%
Depreciation, Depletion And Amortization	$170.0K	$170.0K	$160.0K
YoY Change	0.0%	6.25%	6.67%
Cash From Operating Activities	$1.580M	-$600.0K	$1.670M
YoY Change	-626.67%	-135.93%	595.83%
INVESTING ACTIVITIES
Capital Expenditures	-$780.0K	-$350.0K	-$180.0K
YoY Change	1014.29%	94.44%	-40.0%
Acquisitions
YoY Change
Other Investing Activities	-$10.00K	$0.00	-$10.00K
YoY Change	-50.0%	-100.0%	-101.01%
Cash From Investing Activities	-$780.0K	-$360.0K	-$180.0K
YoY Change	680.0%	100.0%	-126.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-50.00K	0.000	-100.0K
YoY Change	-80.77%	-100.0%	400.0%
NET CHANGE
Cash From Operating Activities	1.580M	-600.0K	1.670M
Cash From Investing Activities	-780.0K	-360.0K	-180.0K
Cash From Financing Activities	-50.00K	0.000	-100.0K
Net Change In Cash	750.0K	-960.0K	1.390M
YoY Change	-213.64%	-169.06%	54.44%
FREE CASH FLOW
Cash From Operating Activities	$1.580M	-$600.0K	$1.670M
Capital Expenditures	-$780.0K	-$350.0K	-$180.0K
Free Cash Flow	$2.360M	-$250.0K	$1.850M
YoY Change	-1126.09%	-113.51%	242.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000924719
CY2015Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4852628	shares
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Entity Registrant Name EntityRegistrantName	SMITH MIDLAND CORP
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CY2015Q3	smid	Accrued Compensation Current AccruedCompensationCurrent	698109	USD
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	smid	Products Sales And Leasing ProductsSalesAndLeasing	13295450	USD
CY2015Q3	smid	Products Sales And Leasing ProductsSalesAndLeasing	8753987	USD
	smid	Products Sales And Leasing ProductsSalesAndLeasing	17623720	USD
	smid	Revenue Recognition Licensing Contract Term RevenueRecognitionLicensingContractTerm	P5Y
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	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	3580769	USD
CY2015Q3	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	1223599	USD
	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	2636746	USD
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CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	255385	USD
CY2015Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	269260	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	21501107	USD
CY2014Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	549134	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1635503	USD
CY2014Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	5274	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	28513	USD
CY2015Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	3368	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-12771	USD
CY2014Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	3000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	19000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	2000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	8000	USD
CY2014Q3	us-gaap	Other Income OtherIncome	3055	USD
	us-gaap	Other Income OtherIncome	55728	USD
CY2015Q3	us-gaap	Other Income OtherIncome	9009	USD
	us-gaap	Other Income OtherIncome	23565	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-29282	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-80630	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7541	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-56963	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	45503	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	27519	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	398684	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	864814	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	126047	USD
CY2015Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	236123	USD
CY2014Q4	us-gaap	Prepaid Taxes PrepaidTaxes	722948	USD
CY2015Q3	us-gaap	Prepaid Taxes PrepaidTaxes	67221	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	55159	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	97005	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	40116	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	23731	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	21101	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4106611	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4464707	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	280980	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	275114	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	5492427	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	6363327	USD
CY2014Q3	us-gaap	Sales Revenue Net SalesRevenueNet	5975095	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	18040819	USD
CY2015Q3	us-gaap	Sales Revenue Net SalesRevenueNet	10403417	USD
CY2015Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	558212	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1576986	USD
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	211933	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	81166	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	2.52
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	0.00
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	164000	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	305099	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	211933	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.97
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.78
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	1.78
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	1.76
CY2015Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	100000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	12000	shares
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	10473751	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	11351609	USD
CY2014Q4	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	10576051	USD
CY2015Q3	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	11453909	USD
CY2014Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	40920	shares
CY2015Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	40920	shares
CY2014Q4	us-gaap	Treasury Stock Value TreasuryStockValue	102300	USD
CY2015Q3	us-gaap	Treasury Stock Value TreasuryStockValue	102300	USD
CY2014Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	43516	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2015Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	52197	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	51008	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4925064	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4881548	shares
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4945745	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4943985	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4881548	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4881548	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4893548	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4892977	shares
	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Adjusting Entry</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the third quarter of 2015, the Company made an adjusting journal entry to record </font><font style="font-family:inherit;font-size:10pt;">$240,000</font><font style="font-family:inherit;font-size:10pt;"> of accounts receivable and revenue which related to the prior year.  The entry was recorded in the current period since the effects of the adjusting journal entry was immaterial to both the prior and current periods. </font></div></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain minor reclassifications have been made in prior year amounts to conform to the current year presentation.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0000924719-15-000027-index-headers.html	Edgar Link	pending
0000924719-15-000027-index.html	Edgar Link	pending
0000924719-15-000027.txt	Edgar Link	pending
0000924719-15-000027-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
smid-20150930.xml	Edgar Link	completed
smid-20150930.xsd	Edgar Link	pending
smid-20150930x10xq.htm	Edgar Link	pending
smid-20150930xex311.htm	Edgar Link	pending
smid-20150930xex312.htm	Edgar Link	pending
smid-20150930xex321.htm	Edgar Link	pending
smid-20150930_cal.xml	Edgar Link	unprocessable
smid-20150930_def.xml	Edgar Link	unprocessable
smid-20150930_lab.xml	Edgar Link	unprocessable
smid-20150930_pre.xml	Edgar Link	unprocessable

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$SMID
SMITH MIDLAND CORP Stock $smid

2015 Q4 Form 10-Q Financial Statement

#000092471915000027 Filed on November 12, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMID SMITH MIDLAND CORP Stock $smid

2015 Q4 Form 10-Q Financial Statement

#000092471915000027 Filed on November 12, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMID
SMITH MIDLAND CORP Stock $smid