2015 Q1 Form 10-Q Financial Statement
#000119312515165646 Filed on May 01, 2015
Income Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
Revenue | $10.53M | $8.449M |
YoY Change | 24.62% | -27.18% |
Cost Of Revenue | $2.118M | $2.420M |
YoY Change | -12.48% | -0.98% |
Gross Profit | $8.411M | $6.029M |
YoY Change | 39.51% | -34.17% |
Gross Profit Margin | 79.88% | 71.36% |
Selling, General & Admin | $5.068M | $6.914M |
YoY Change | -26.7% | -25.84% |
% of Gross Profit | 60.25% | 114.68% |
Research & Development | $3.341M | $4.249M |
YoY Change | -21.37% | -28.42% |
% of Gross Profit | 39.72% | 70.48% |
Depreciation & Amortization | $500.0K | $870.0K |
YoY Change | -42.53% | -18.69% |
% of Gross Profit | 5.94% | 14.43% |
Operating Expenses | $8.409M | $11.16M |
YoY Change | -24.67% | -26.84% |
Operating Profit | $2.000K | -$5.134M |
YoY Change | -100.04% | -15.85% |
Interest Expense | $0.00 | $0.00 |
YoY Change | -100.0% | |
% of Operating Profit | 0.0% | |
Other Income/Expense, Net | -$1.000K | |
YoY Change | ||
Pretax Income | $1.000K | -$5.134M |
YoY Change | -100.02% | -15.68% |
Income Tax | $11.00K | $33.00K |
% Of Pretax Income | 1100.0% | |
Net Earnings | -$10.00K | -$5.167M |
YoY Change | -99.81% | -16.09% |
Net Earnings / Revenue | -0.09% | -61.16% |
Basic Earnings Per Share | $0.00 | -$0.14 |
Diluted Earnings Per Share | $0.00 | -$0.14 |
COMMON SHARES | ||
Basic Shares Outstanding | 11.38M | 37.71M shares |
Diluted Shares Outstanding | 11.38M | 37.71M shares |
Balance Sheet
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $13.78M | $11.25M |
YoY Change | 22.52% | -60.27% |
Cash & Equivalents | $9.977M | $8.620M |
Short-Term Investments | $3.800M | $2.625M |
Other Short-Term Assets | $700.0K | $900.0K |
YoY Change | -22.22% | 12.5% |
Inventory | $87.00K | $167.0K |
Prepaid Expenses | ||
Receivables | $7.598M | $7.042M |
Other Receivables | $0.00 | $700.0K |
Total Short-Term Assets | $22.19M | $20.04M |
YoY Change | 10.74% | -49.52% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.799M | $6.161M |
YoY Change | -38.34% | -39.6% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $221.0K | $223.0K |
YoY Change | -0.9% | 11.5% |
Total Long-Term Assets | $4.094M | $6.384M |
YoY Change | -35.87% | -38.62% |
TOTAL ASSETS | ||
Total Short-Term Assets | $22.19M | $20.04M |
Total Long-Term Assets | $4.094M | $6.384M |
Total Assets | $26.29M | $26.42M |
YoY Change | -0.52% | -47.26% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.660M | $1.623M |
YoY Change | 2.28% | -9.83% |
Accrued Expenses | $5.129M | $7.160M |
YoY Change | -28.37% | 15.48% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $7.194M | $8.984M |
YoY Change | -19.92% | -6.42% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $3.766M | $3.573M |
YoY Change | 5.4% | 19.1% |
Total Long-Term Liabilities | $3.766M | $3.727M |
YoY Change | 1.05% | 24.23% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $7.194M | $8.984M |
Total Long-Term Liabilities | $3.766M | $3.727M |
Total Liabilities | $10.96M | $12.71M |
YoY Change | -13.78% | 0.09% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$208.3M | -$201.7M |
YoY Change | 3.29% | |
Common Stock | $223.6M | $215.4M |
YoY Change | 3.83% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $15.33M | $13.71M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $26.29M | $26.42M |
YoY Change | -0.52% | -47.26% |
Cashflow Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$10.00K | -$5.167M |
YoY Change | -99.81% | -16.09% |
Depreciation, Depletion And Amortization | $500.0K | $870.0K |
YoY Change | -42.53% | -18.69% |
Cash From Operating Activities | $740.0K | -$3.600M |
YoY Change | -120.56% | -7.46% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$20.00K | -$20.00K |
YoY Change | 0.0% | -77.78% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$920.0K | $450.0K |
YoY Change | -304.44% | -120.74% |
Cash From Investing Activities | -$940.0K | $440.0K |
YoY Change | -313.64% | -119.47% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 20.00K | 20.00K |
YoY Change | 0.0% | 0.0% |
NET CHANGE | ||
Cash From Operating Activities | 740.0K | -3.600M |
Cash From Investing Activities | -940.0K | 440.0K |
Cash From Financing Activities | 20.00K | 20.00K |
Net Change In Cash | -180.0K | -3.140M |
YoY Change | -94.27% | -48.78% |
FREE CASH FLOW | ||
Cash From Operating Activities | $740.0K | -$3.600M |
Capital Expenditures | -$20.00K | -$20.00K |
Free Cash Flow | $760.0K | -$3.580M |
YoY Change | -121.23% | -5.79% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
46290276 | shares |
CY2011Q3 | smsi |
Proceeds From Government Grant For Start Up New Facility
ProceedsFromGovernmentGrantForStartUpNewFacility
|
1000000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8620000 | |
CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
46190276 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
46190276 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
1614000 | |
CY2015Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
156000 | |
CY2015Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
75700000 | |
CY2015Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
1562000 | |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7194000 | |
CY2015Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
3766000 | |
CY2015Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
46000 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1521000 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-208284000 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
223141000 | |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5752000 | |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2015Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1660000 | |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-208293000 | |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
11161000 | |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1519000 | |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1534000 | |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1508000 | |
CY2015Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
223572000 | |
CY2015Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5129000 | |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15325000 | |
CY2015Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3766000 | |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
26285000 | |
CY2015Q1 | us-gaap |
Deferred Tax Liabilities Gross Current
DeferredTaxLiabilitiesGrossCurrent
|
74000 | |
CY2015Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
331000 | |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1536000 | |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1888000 | |
CY2015Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
450000 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9977000 | |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3799000 | |
CY2015Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
3800000 | |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
696000 | |
CY2015Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
9700000 | |
CY2015Q1 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
74000 | |
CY2015Q1 | us-gaap |
Assets
Assets
|
26285000 | |
CY2015Q1 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
3800000 | |
CY2015Q1 | us-gaap |
Inventory Net
InventoryNet
|
87000 | |
CY2015Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
7598000 | |
CY2015Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
33000 | |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
221000 | |
CY2015Q1 | us-gaap |
Assets Current
AssetsCurrent
|
22191000 | |
CY2015Q1 | smsi |
Accrued Lease Expenses
AccruedLeaseExpenses
|
5400000 | |
CY2015Q1 | smsi |
Operating Leases Expected Future Sublease Income
OperatingLeasesExpectedFutureSubleaseIncome
|
2800000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11763000 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
45000891 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
45000891 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
151000 | |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
8845000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
|
-1000 | |
CY2014Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
3643000 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
45000 | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2014Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
2881000 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
765000 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14902000 | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3643000 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
27390000 | |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Gross Current
DeferredTaxLiabilitiesGrossCurrent
|
74000 | |
CY2014Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1498000 | |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
602000 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10165000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4273000 | |
CY2014Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
9900000 | |
CY2014Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
74000 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
27390000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
2880000 | |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
97000 | |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
8216000 | |
CY2014Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
706000 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
214000 | |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
22829000 | |
CY2014Q2 | us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
|
0.20 | pure |
CY2014Q2 | smsi |
Quarterly Savings From Restructuring
QuarterlySavingsFromRestructuring
|
2000000 | |
CY2013 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
1000000 | |
CY2013 | us-gaap |
Severance Costs1
SeveranceCosts1
|
1100000 | |
CY2013 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
200000 | |
CY2013 | smsi |
Restructuring Special Charges
RestructuringSpecialCharges
|
5600000 | |
CY2013 | smsi |
Lease Rental Terminations Cost For Restructuring
LeaseRentalTerminationsCostForRestructuring
|
3300000 | |
CY2013 | smsi |
Period In Which People To Be Employed
PeriodInWhichPeopleToBeEmployed
|
P3Y | |
CY2013 | smsi |
Minimum Number Of People To Be Employed
MinimumNumberOfPeopleToBeEmployed
|
232 | People |
CY2014 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
600000 | |
CY2014 | smsi |
Lease Rental Terminations Cost For Restructuring
LeaseRentalTerminationsCostForRestructuring
|
800000 | |
CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
CY2014Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-3598000 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
37714000 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37714000 | shares |
CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.14 | |
CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
186000 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37714000 | shares |
CY2014Q1 | us-gaap |
Gross Profit
GrossProfit
|
6029000 | |
CY2014Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
15000 | |
CY2014Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-453000 | |
CY2014Q1 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
0 | |
CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
8449000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-136000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
22000 | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5134000 | |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5167000 | |
CY2014Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
15000 | |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-5134000 | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5167000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-449000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-263000 | |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
11163000 | |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4249000 | |
CY2014Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
3036000 | |
CY2014Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2420000 | |
CY2014Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
72000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-3143000 | |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
33000 | |
CY2014Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
300000 | |
CY2014Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
872000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
17000 | |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
CY2014Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
22000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
438000 | |
CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
6000 | |
CY2014Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
11000 | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3878000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-414000 | |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
717000 | |
CY2014Q1 | smsi |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount Due To Higher Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmountDueToHigherExercisePrice
|
1340000 | shares |
CY2014Q1 | smsi |
Number Of Geographic Location
NumberOfGeographicLocation
|
3 | Location |
CY2014Q1 | smsi |
Number Of Customers
NumberOfCustomers
|
3 | Customer |
CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2015Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2015Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2015Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
SMITH MICRO SOFTWARE INC | |
CY2015Q1 | dei |
Trading Symbol
TradingSymbol
|
SMSI | |
CY2015Q1 | us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Three months or less | |
CY2015Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2015Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | |
CY2015Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2015Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>1. The Company</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Smith Micro Software, Inc. (“we,” “us,” “our,” “Smith Micro,” or the “Company”) provides software solutions to simplify and enhance the mobile experience. As a leader in wireless connectivity, our applications ensure the best Quality of Experience for mobile users while optimizing networks for wireless service providers and enterprises. Using our intelligent policy-on-device platform, along with premium voice, video and content monetization services, we create new opportunities to engage consumers and capitalize on the growth of connected devices. In addition to wireless and mobility software, Smith Micro develops and distributes personal, professional and educational productivity and graphics products and tools for consumers, artists, animators and designers worldwide.</p> </div> | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
735000 | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45501000 | shares |
CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
45501000 | shares |
CY2015Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-03-31 | |
CY2015Q1 | us-gaap |
Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
|
Through 2022 | |
CY2015Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | Business_Unit |
CY2015Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000948708 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2015Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
229000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45501000 | shares |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
532000 | |
CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
8411000 | |
CY2015Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
21000 | |
CY2015Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
919000 | |
CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
0 | |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
10529000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-62000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-5000 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
8000 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
9000 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2000 | |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1000 | |
CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1000 | |
CY2015Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6000 | |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1000 | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-606000 | |
CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
44000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-673000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-1167000 | |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8409000 | |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3341000 | |
CY2015Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2191000 | |
CY2015Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2118000 | |
CY2015Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
12000 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-188000 | |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11000 | |
CY2015Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
300000 | |
CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
495000 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
17000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
CY2015Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
161000 | |
CY2015Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
5000 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-940000 | |
CY2015Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9000 | |
CY2015Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
8000 | |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2877000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-522000 | |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
576000 | |
CY2015Q1 | smsi |
Lease Agreement Term
LeaseAgreementTerm
|
P10Y | |
CY2015Q1 | smsi |
Incentives Price Per Square Foot
IncentivesPricePerSquareFoot
|
40.00 | |
CY2015Q1 | smsi |
Lease Incentive Amount For Improvement Of Space
LeaseIncentiveAmountForImprovementOfSpace
|
2200000 | |
CY2015Q1 | smsi |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount Due To Higher Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmountDueToHigherExercisePrice
|
976000 | shares |
CY2015Q1 | smsi |
Number Of Geographic Location
NumberOfGeographicLocation
|
3 | Location |
CY2015Q1 | smsi |
Number Of Financial Institutions In Which Securities Held
NumberOfFinancialInstitutionsInWhichSecuritiesHeld
|
2 | Institution |
CY2015Q1 | smsi |
Number Of Customers
NumberOfCustomers
|
3 | Customer |
CY2015Q1 | smsi |
Extended Period In Which People To Be Employed
ExtendedPeriodInWhichPeopleToBeEmployed
|
2015-02-28 | |
CY2014Q2 | us-gaap |
Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
|
1300000 | |
CY2014Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
400000 | |
CY2014Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
100000 | |
CY2014Q2 | smsi |
Restructuring Special Charges
RestructuringSpecialCharges
|
1800000 | |
CY2013Q3 | us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
|
0.26 | pure |
CY2013Q3 | smsi |
Annualized Savings From Restructuring
AnnualizedSavingsFromRestructuring
|
16000000 |