$SMID
SMITH MIDLAND CORP Stock $smid

$smid Overview Financials Valuation SEC Filings Company Website

2021 Q4 Form 10-Q Financial Statement

#000165495421011802 Filed on November 09, 2021

Income Statement

Concept	2021 Q4	2021 Q3	2020 Q4
Revenue	$10.02M	$13.10M	$11.07M
YoY Change	-9.51%	4.67%	-11.01%
Cost Of Revenue	$7.834M	$9.898M	$7.850M
YoY Change	-0.2%	14.11%	-16.84%
Gross Profit	$2.183M	$3.202M	$3.220M
YoY Change	-32.2%	-16.64%	7.33%
Gross Profit Margin	21.79%	24.44%	29.09%
Selling, General & Admin	$2.362M	$1.934M	$2.050M
YoY Change	15.22%	7.92%	0.99%
% of Gross Profit	108.2%	60.4%	63.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$695.0K	$658.0K	$620.0K
YoY Change	12.1%	7.87%	31.91%
% of Gross Profit	31.84%	20.55%	19.25%
Operating Expenses	$2.362M	$1.934M	$2.050M
YoY Change	15.22%	7.92%	0.99%
Operating Profit	-$179.0K	$1.268M	$1.170M
YoY Change	-115.3%	-38.12%	20.62%
Interest Expense	-$39.00K	$47.00K	-$40.00K
YoY Change	-2.5%	-11.32%	0.0%
% of Operating Profit		3.71%	-3.42%
Other Income/Expense, Net	$31.00K	$2.868M	$40.00K
YoY Change	-22.5%	-9351.61%	-300.0%
Pretax Income	-$163.0K	$4.136M	$1.250M
YoY Change	-113.04%	104.96%	34.41%
Income Tax	-$187.0K	$442.0K	$540.0K
% Of Pretax Income		10.69%	43.2%
Net Earnings	$24.00K	$3.694M	$710.0K
YoY Change	-96.62%	138.48%	-4.05%
Net Earnings / Revenue	0.24%	28.2%	6.41%
Basic Earnings Per Share		$0.71
Diluted Earnings Per Share	$4.548K	$707.7K	$136.5K
COMMON SHARES
Basic Shares Outstanding	5.211M shares	5.202M shares
Diluted Shares Outstanding		5.220M shares

Balance Sheet

Concept	2021 Q4	2021 Q3	2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.49M	$16.24M	$9.990M
YoY Change	35.06%	87.51%	293.31%
Cash & Equivalents	$13.49M	$15.00M	$8.764M
Short-Term Investments	$0.00	$1.243M	$1.230M
Other Short-Term Assets	$551.0K	$622.0K	$620.0K
YoY Change	-11.13%	-25.95%	-20.51%
Inventory	$2.845M	$3.196M	$2.190M
Prepaid Expenses	$551.0K
Receivables	$10.01M	$12.57M	$9.798M
Other Receivables	$411.0K	$0.00	$0.00
Total Short-Term Assets	$27.75M	$33.11M	$23.34M
YoY Change	18.89%	48.88%	22.65%
LONG-TERM ASSETS
Property, Plant & Equipment	$21.93M	$18.25M	$18.60M
YoY Change	17.87%	-21.91%	-18.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$258.0K	$278.0K	$319.0K
YoY Change	-19.12%	-15.76%	2.9%
Total Long-Term Assets	$25.57M	$22.14M	$23.16M
YoY Change	10.43%	-6.56%	0.29%
TOTAL ASSETS
Total Short-Term Assets	$27.75M	$33.11M	$23.34M
Total Long-Term Assets	$25.57M	$22.14M	$23.16M
Total Assets	$53.33M	$55.25M	$46.50M
YoY Change	14.68%	20.28%	10.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.071M	$3.166M	$1.866M
YoY Change	10.99%	26.64%	-41.32%
Accrued Expenses	$657.0K	$789.0K	$875.0K
YoY Change	-24.91%	-67.66%	-31.64%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$468.0K	$486.0K	$740.0K
YoY Change	-36.76%	-40.73%	-20.43%
Total Short-Term Liabilities	$13.91M	$13.03M	$8.900M
YoY Change	56.28%	37.63%	-7.29%
LONG-TERM LIABILITIES
Long-Term Debt	$3.724M	$3.879M	$6.890M
YoY Change	-45.95%	-44.27%	68.46%
Other Long-Term Liabilities	$1.987M	$4.421M	$4.600M
YoY Change	-56.8%	-8.85%	-19.58%
Total Long-Term Liabilities	$5.711M	$8.300M	$11.49M
YoY Change	-50.3%	-29.72%	17.13%
TOTAL LIABILITIES
Total Short-Term Liabilities	$13.91M	$13.03M	$8.900M
Total Long-Term Liabilities	$5.711M	$8.300M	$11.49M
Total Liabilities	$21.58M	$23.79M	$22.85M
YoY Change	-5.58%	2.73%	7.33%
SHAREHOLDERS EQUITY
Retained Earnings	$24.86M	$24.84M	$17.29M
YoY Change	43.77%
Common Stock	$53.00K	$53.00K	$52.00K
YoY Change	1.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$102.0K	$102.0K	$102.0K
YoY Change	0.0%
Treasury Stock Shares	40.92K shares	40.92K shares
Shareholders Equity	$31.75M	$31.45M	$23.65M
YoY Change
Total Liabilities & Shareholders Equity	$53.33M	$55.25M	$46.50M
YoY Change	14.68%	20.28%	10.4%

Cashflow Statement

Concept	2021 Q4	2021 Q3	2020 Q4
OPERATING ACTIVITIES
Net Income	$24.00K	$3.694M	$710.0K
YoY Change	-96.62%	138.48%	-4.05%
Depreciation, Depletion And Amortization	$695.0K	$658.0K	$620.0K
YoY Change	12.1%	7.87%	31.91%
Cash From Operating Activities	$1.564M	$1.860M	$1.510M
YoY Change	3.58%	-45.29%	60.64%
INVESTING ACTIVITIES
Capital Expenditures	-$4.157M	-$284.0K	-$130.0K
YoY Change	3097.69%	67.06%	-88.39%
Acquisitions
YoY Change
Other Investing Activities	$1.267M	$371.0K	$90.00K
YoY Change	1307.78%	518.33%	800.0%
Cash From Investing Activities	-$2.890M	$87.00K	-$40.00K
YoY Change	7125.0%	-179.09%	-96.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-177.0K	-146.0K	-160.0K
YoY Change	10.62%	-39.17%	-130.77%
NET CHANGE
Cash From Operating Activities	1.564M	1.860M	1.510M
Cash From Investing Activities	-2.890M	87.00K	-40.00K
Cash From Financing Activities	-177.0K	-146.0K	-160.0K
Net Change In Cash	-1.503M	1.801M	1.310M
YoY Change	-214.73%	-40.95%	274.29%
FREE CASH FLOW
Cash From Operating Activities	$1.564M	$1.860M	$1.510M
Capital Expenditures	-$4.157M	-$284.0K	-$130.0K
Free Cash Flow	$5.721M	$2.144M	$1.640M
YoY Change	248.84%	-39.94%	-20.39%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	5210991	shares
CY2021Q3	us-gaap	Cash Cash	14995000	USD
CY2020Q4	us-gaap	Cash Cash	8764000	USD
CY2021Q3	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	1243000	USD
CY2020Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	1228000	USD
CY2021Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	425000	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	400000	USD
CY2021Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12572000	USD
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	9798000	USD
CY2021Q3	smid	Trade Unbilled TradeUnbilled	483000	USD
CY2020Q4	smid	Trade Unbilled TradeUnbilled	742000	USD
CY2021Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	1697000	USD
CY2020Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	643000	USD
CY2021Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1499000	USD
CY2020Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1551000	USD
CY2021Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	622000	USD
CY2020Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	615000	USD
CY2021Q3	us-gaap	Assets Current AssetsCurrent	33111000	USD
CY2020Q4	us-gaap	Assets Current AssetsCurrent	23341000	USD
CY2021Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18249000	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18602000	USD
CY2021Q3	us-gaap	Deferred Costs DeferredCosts	3608000	USD
CY2020Q4	us-gaap	Deferred Costs DeferredCosts	4237000	USD
CY2021Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	278000	USD
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	319000	USD
CY2021Q3	us-gaap	Assets Assets	55246000	USD
CY2020Q4	us-gaap	Assets Assets	46499000	USD
CY2021Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	3166000	USD
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1866000	USD
CY2021Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	789000	USD
CY2020Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	875000	USD
CY2021Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	3056000	USD
CY2020Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1774000	USD
CY2021Q3	smid	Accrued Compensation Current AccruedCompensationCurrent	1250000	USD
CY2020Q4	smid	Accrued Compensation Current AccruedCompensationCurrent	1318000	USD
CY2021Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1486000	USD
CY2020Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	470000	USD
CY2021Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1090000	USD
CY2020Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1203000	USD
CY2021Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	88000	USD
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	85000	USD
CY2021Q3	us-gaap	Notes Payable Current NotesPayableCurrent	486000	USD
CY2020Q4	us-gaap	Notes Payable Current NotesPayableCurrent	740000	USD
CY2021Q3	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	1623000	USD
CY2020Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	569000	USD
CY2021Q3	us-gaap	Liabilities Current LiabilitiesCurrent	13034000	USD
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	8900000	USD
CY2021Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	1277000	USD
CY2020Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	600000	USD
CY2021Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	3000000	USD
CY2020Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	3790000	USD
CY2021Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	144000	USD
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	211000	USD
CY2021Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	3879000	USD
CY2020Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	4196000	USD
CY2021Q3	smid	Ppp Loan Less Current Portion PppLoanLessCurrentPortion	0	USD
CY2020Q4	smid	Ppp Loan Less Current Portion PppLoanLessCurrentPortion	2692000	USD
CY2021Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2458000	USD
CY2020Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2461000	USD
CY2021Q3	us-gaap	Liabilities Liabilities	23792000	USD
CY2020Q4	us-gaap	Liabilities Liabilities	22850000	USD
CY2021Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2021Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2020Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2021Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5326595	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5279411	shares
CY2021Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5202158	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5202158	shares
CY2021Q3	us-gaap	Common Stock Value CommonStockValue	53000	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	52000	USD
CY2021Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6663000	USD
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	6405000	USD
CY2021Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	40920	shares
CY2021Q3	us-gaap	Treasury Stock Value TreasuryStockValue	102000	USD
CY2020Q4	us-gaap	Treasury Stock Value TreasuryStockValue	102000	USD
CY2021Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	24840000	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	17294000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	23649000	USD
CY2021Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	55246000	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	46499000	USD
CY2021Q3	smid	Product Sales ProductSales	7205000	USD
CY2020Q3	smid	Product Sales ProductSales	6485000	USD
	smid	Product Sales ProductSales	21868000	USD
	smid	Product Sales ProductSales	20036000	USD
CY2021Q3	smid	Barrier Rentals BarrierRentals	1708000	USD
CY2020Q3	smid	Barrier Rentals BarrierRentals	3171000	USD
	smid	Barrier Rentals BarrierRentals	8667000	USD
	smid	Barrier Rentals BarrierRentals	4820000	USD
CY2021Q3	smid	Royalty Income RoyaltyIncome	676000	USD
CY2020Q3	smid	Royalty Income RoyaltyIncome	484000	USD
	smid	Royalty Income RoyaltyIncome	1788000	USD
	smid	Royalty Income RoyaltyIncome	1165000	USD
CY2021Q3	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	3511000	USD
CY2020Q3	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	2375000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3880000	USD
	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	8302000	USD
	smid	Shipping And Installation Revenue ShippingAndInstallationRevenue	6768000	USD
CY2021Q3	us-gaap	Revenues Revenues	13100000	USD
CY2020Q3	us-gaap	Revenues Revenues	12515000	USD
	us-gaap	Revenues Revenues	40625000	USD
	us-gaap	Revenues Revenues	32789000	USD
CY2021Q3	us-gaap	Cost Of Revenue CostOfRevenue	9898000	USD
CY2020Q3	us-gaap	Cost Of Revenue CostOfRevenue	8674000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	28388000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	24971000	USD
CY2021Q3	us-gaap	Gross Profit GrossProfit	3202000	USD
CY2020Q3	us-gaap	Gross Profit GrossProfit	3841000	USD
	us-gaap	Gross Profit GrossProfit	12237000	USD
	us-gaap	Gross Profit GrossProfit	7818000	USD
CY2021Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1215000	USD
CY2020Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1271000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3553000	USD
CY2021Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	719000	USD
CY2020Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	521000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	2010000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1684000	USD
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	1934000	USD
CY2020Q3	us-gaap	Operating Expenses OperatingExpenses	1792000	USD
	us-gaap	Operating Expenses OperatingExpenses	5890000	USD
	us-gaap	Operating Expenses OperatingExpenses	5237000	USD
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	1268000	USD
CY2020Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	2049000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	6347000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	2581000	USD
CY2021Q3	us-gaap	Interest Expense InterestExpense	47000	USD
CY2020Q3	us-gaap	Interest Expense InterestExpense	53000	USD
	us-gaap	Interest Expense InterestExpense	145000	USD
	us-gaap	Interest Expense InterestExpense	166000	USD
CY2021Q3	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	10000	USD
CY2020Q3	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	8000	USD
	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	29000	USD
	us-gaap	Interest Income Domestic Deposits InterestIncomeDomesticDeposits	26000	USD
CY2021Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	205000	USD
CY2020Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-8000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	293000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	58000	USD
CY2021Q3	smid	Gain On Forgiveness Of Ppp Loan GainOnForgivenessOfPppLoan	2692000	USD
CY2020Q3	smid	Gain On Forgiveness Of Ppp Loan GainOnForgivenessOfPppLoan	0	USD
	smid	Gain On Forgiveness Of Ppp Loan GainOnForgivenessOfPppLoan	2692000	USD
	smid	Gain On Forgiveness Of Ppp Loan GainOnForgivenessOfPppLoan	0	USD
CY2021Q3	us-gaap	Other Income OtherIncome	8000	USD
CY2020Q3	us-gaap	Other Income OtherIncome	22000	USD
	us-gaap	Other Income OtherIncome	41000	USD
	us-gaap	Other Income OtherIncome	41000	USD
CY2021Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2868000	USD
CY2020Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-31000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2910000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-41000	USD
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	4136000	USD
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2018000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9257000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2540000	USD
CY2021Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	442000	USD
CY2020Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	469000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1711000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	588000	USD
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	3694000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	1549000	USD
	us-gaap	Net Income Loss NetIncomeLoss	7546000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1952000	USD
CY2021Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.71
CY2020Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.30
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.45
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.38
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5202000	shares
CY2020Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5184000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5202000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5184000	shares
CY2021Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5220000	shares
CY2020Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5184000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5217000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5184000	shares
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	23649000	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	41000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	2867000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	26557000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	131000	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	985000	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	27673000	USD
CY2021Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	87000	USD
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	3694000	USD
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	31454000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	20821000	USD
CY2020Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-38000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	20783000	USD
CY2020Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	441000	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	21224000	USD
CY2020Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	1549000	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	22773000	USD
	us-gaap	Net Income Loss NetIncomeLoss	7546000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1952000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1976000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1791000	USD
	smid	Gain Loss On Forgiveness Of Ppp Loan GainLossOnForgivenessOfPppLoan	-2692000	USD
	smid	Gain Loss On Forgiveness Of Ppp Loan GainLossOnForgivenessOfPppLoan	0	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-293000	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-58000	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	5000	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-16000	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	25000	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	55000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	258000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-3000	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-5000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2799000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2915000	USD
	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	259000	USD
	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	-393000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1002000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	78000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	10000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-96000	USD
	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	0	USD
	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	309000	USD
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	1300000	USD
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-681000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-86000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	891000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	1959000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	2000	USD
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-68000	USD
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	267000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	1016000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	305000	USD
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	-903000	USD
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	-855000	USD
	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits	1054000	USD
	us-gaap	Increase Decrease In Customer Advances And Deposits IncreaseDecreaseInCustomerAdvancesAndDeposits	-483000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7562000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5978000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	20000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	22000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1210000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2501000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	466000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	144000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-764000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2379000	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	50000	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	5426000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	617000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	2658000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	282000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-567000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2486000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	6231000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	6085000	USD
CY2020Q4	us-gaap	Cash Cash	8764000	USD
CY2019Q4	us-gaap	Cash Cash	1364000	USD
CY2021Q3	us-gaap	Cash Cash	14995000	USD
CY2020Q3	us-gaap	Cash Cash	7449000	USD
	us-gaap	Interest Paid Net InterestPaidNet	145000	USD
	us-gaap	Interest Paid Net InterestPaidNet	166000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	713000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	1000	USD
	smid	Non Cash Transaction Ppp Loan Forgiveness NonCashTransactionPppLoanForgiveness	2692000	USD
	smid	Non Cash Transaction Ppp Loan Forgiveness NonCashTransactionPppLoanForgiveness	0	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	400000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
	us-gaap	Reclassifications Reclassifications	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Certain minor reclassifications have been made to prior year amounts to conform to current year presentation.</p>
CY2021Q3	smid	Loan Forgiveness Amount LoanForgivenessAmount	2692000	USD

Files In Submission

Name	View Source	Status
0001654954-21-011802-index-headers.html	Edgar Link	pending
0001654954-21-011802-index.html	Edgar Link	pending
0001654954-21-011802.txt	Edgar Link	pending
0001654954-21-011802-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	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
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.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-20210930.xsd	Edgar Link	pending
smid-20210930_cal.xml	Edgar Link	unprocessable
smid-20210930_def.xml	Edgar Link	unprocessable
smid-20210930_lab.xml	Edgar Link	unprocessable
smid-20210930_pre.xml	Edgar Link	unprocessable
smid_10q.htm	Edgar Link	pending
smid_10q_htm.xml	Edgar Link	completed
smid_ex101.htm	Edgar Link	pending
smid_ex101img1.jpg	Edgar Link	pending
smid_ex101img2.jpg	Edgar Link	pending
smid_ex101img3.jpg	Edgar Link	pending
smid_ex102.htm	Edgar Link	pending
smid_ex102img1.jpg	Edgar Link	pending
smid_ex102img2.jpg	Edgar Link	pending
smid_ex102img3.jpg	Edgar Link	pending
smid_ex102img4.jpg	Edgar Link	pending
smid_ex102img5.jpg	Edgar Link	pending
smid_ex102img6.jpg	Edgar Link	pending
smid_ex311.htm	Edgar Link	pending
smid_ex312.htm	Edgar Link	pending
smid_ex321.htm	Edgar Link	pending

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$SMID
SMITH MIDLAND CORP Stock $smid

2021 Q4 Form 10-Q Financial Statement

#000165495421011802 Filed on November 09, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMID SMITH MIDLAND CORP Stock $smid

2021 Q4 Form 10-Q Financial Statement

#000165495421011802 Filed on November 09, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SMID
SMITH MIDLAND CORP Stock $smid