2016 Q1 Form 10-Q Financial Statement
#000119312516568279 Filed on April 29, 2016
Income Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
Revenue | $7.214M | $10.53M |
YoY Change | -31.48% | 24.62% |
Cost Of Revenue | $2.113M | $2.118M |
YoY Change | -0.24% | -12.48% |
Gross Profit | $5.101M | $8.411M |
YoY Change | -39.35% | 39.51% |
Gross Profit Margin | 70.71% | 79.88% |
Selling, General & Admin | $4.856M | $5.068M |
YoY Change | -4.18% | -26.7% |
% of Gross Profit | 95.2% | 60.25% |
Research & Development | $3.923M | $3.341M |
YoY Change | 17.42% | -21.37% |
% of Gross Profit | 76.91% | 39.72% |
Depreciation & Amortization | $430.0K | $500.0K |
YoY Change | -14.0% | -42.53% |
% of Gross Profit | 8.43% | 5.94% |
Operating Expenses | $8.779M | $8.409M |
YoY Change | 4.4% | -24.67% |
Operating Profit | -$3.679M | $2.000K |
YoY Change | -184050.0% | -100.04% |
Interest Expense | $1.000K | $0.00 |
YoY Change | ||
% of Operating Profit | 0.0% | |
Other Income/Expense, Net | -$2.000K | -$1.000K |
YoY Change | 100.0% | |
Pretax Income | -$3.680M | $1.000K |
YoY Change | -368100.0% | -100.02% |
Income Tax | $26.00K | $11.00K |
% Of Pretax Income | 1100.0% | |
Net Earnings | -$3.706M | -$10.00K |
YoY Change | 36960.0% | -99.81% |
Net Earnings / Revenue | -51.37% | -0.09% |
Basic Earnings Per Share | -$0.32 | $0.00 |
Diluted Earnings Per Share | -$0.32 | $0.00 |
COMMON SHARES | ||
Basic Shares Outstanding | 11.52M | 11.38M |
Diluted Shares Outstanding | 11.52M | 11.38M |
Balance Sheet
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $13.08M | $13.78M |
YoY Change | -5.08% | 22.52% |
Cash & Equivalents | $11.40M | $9.977M |
Short-Term Investments | $1.679M | $3.800M |
Other Short-Term Assets | $900.0K | $700.0K |
YoY Change | 28.57% | -22.22% |
Inventory | $27.00K | $87.00K |
Prepaid Expenses | ||
Receivables | $5.459M | $7.598M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $19.48M | $22.19M |
YoY Change | -12.24% | 10.74% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.150M | $3.799M |
YoY Change | -43.41% | -38.34% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $196.0K | $221.0K |
YoY Change | -11.31% | -0.9% |
Total Long-Term Assets | $2.346M | $4.094M |
YoY Change | -42.7% | -35.87% |
TOTAL ASSETS | ||
Total Short-Term Assets | $19.48M | $22.19M |
Total Long-Term Assets | $2.346M | $4.094M |
Total Assets | $21.82M | $26.29M |
YoY Change | -16.98% | -0.52% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.480M | $1.660M |
YoY Change | -10.84% | 2.28% |
Accrued Expenses | $5.539M | $5.129M |
YoY Change | 7.99% | -28.37% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $8.126M | $7.194M |
YoY Change | 12.96% | -19.92% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $3.110M | $3.766M |
YoY Change | -17.42% | 5.4% |
Total Long-Term Liabilities | $3.110M | $3.766M |
YoY Change | -17.42% | 1.05% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $8.126M | $7.194M |
Total Long-Term Liabilities | $3.110M | $3.766M |
Total Liabilities | $11.24M | $10.96M |
YoY Change | 2.52% | -13.78% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$214.6M | -$208.3M |
YoY Change | 3.02% | 3.29% |
Common Stock | $225.2M | $223.6M |
YoY Change | 0.7% | 3.83% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $10.59M | $15.33M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $21.82M | $26.29M |
YoY Change | -16.98% | -0.52% |
Cashflow Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$3.706M | -$10.00K |
YoY Change | 36960.0% | -99.81% |
Depreciation, Depletion And Amortization | $430.0K | $500.0K |
YoY Change | -14.0% | -42.53% |
Cash From Operating Activities | $260.0K | $740.0K |
YoY Change | -64.86% | -120.56% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$90.00K | -$20.00K |
YoY Change | 350.0% | 0.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $2.400M | -$920.0K |
YoY Change | -360.87% | -304.44% |
Cash From Investing Activities | $2.320M | -$940.0K |
YoY Change | -346.81% | -313.64% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 10.00K | 20.00K |
YoY Change | -50.0% | 0.0% |
NET CHANGE | ||
Cash From Operating Activities | 260.0K | 740.0K |
Cash From Investing Activities | 2.320M | -940.0K |
Cash From Financing Activities | 10.00K | 20.00K |
Net Change In Cash | 2.590M | -180.0K |
YoY Change | -1538.89% | -94.27% |
FREE CASH FLOW | ||
Cash From Operating Activities | $260.0K | $740.0K |
Capital Expenditures | -$90.00K | -$20.00K |
Free Cash Flow | $350.0K | $760.0K |
YoY Change | -53.95% | -121.23% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
46968272 | shares |
CY2016Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
3000 | |
CY2011Q3 | smsi |
Proceeds From Government Grant For Start Up New Facility
ProceedsFromGovernmentGrantForStartUpNewFacility
|
1000000 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9977000 | |
CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2016Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
46968272 | shares |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2016Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
46968272 | shares |
CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1534000 | |
CY2016Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
145000 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1536000 | |
CY2016Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
3110000 | |
CY2016Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
225129000 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
8987000 | |
CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10585000 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1530000 | |
CY2016Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3110000 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
1328000 | |
CY2016Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1107000 | |
CY2016Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1480000 | |
CY2016Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
135000 | |
CY2016Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5539000 | |
CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-214591000 | |
CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21821000 | |
CY2016Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
|
-1000 | |
CY2016Q1 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
400000 | |
CY2016Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
47000 | |
CY2016Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1519000 | |
CY2016Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
1700000 | |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
33000 | |
CY2016Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
8126000 | |
CY2016Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
74900000 | |
CY2016Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1507000 | |
CY2016Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
13000 | |
CY2016Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
196000 | |
CY2016Q1 | us-gaap |
Assets
Assets
|
21821000 | |
CY2016Q1 | us-gaap |
Inventory Net
InventoryNet
|
27000 | |
CY2016Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5459000 | |
CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2150000 | |
CY2016Q1 | us-gaap |
Assets Current
AssetsCurrent
|
19475000 | |
CY2016Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
11100000 | |
CY2016Q1 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
1679000 | |
CY2016Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1680000 | |
CY2016Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
899000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11398000 | |
CY2016Q1 | smsi |
Accrued Lease Expenses
AccruedLeaseExpenses
|
4600000 | |
CY2016Q1 | smsi |
Operating Leases Expected Future Sublease Income
OperatingLeasesExpectedFutureSubleaseIncome
|
2400000 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10165000 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
45729272 | shares |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
45729272 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
158000 | |
CY2015Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
3235000 | |
CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
224867000 | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14026000 | |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3235000 | |
CY2015Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
440000 | |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1708000 | |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
201000 | |
CY2015Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5064000 | |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-210887000 | |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
24473000 | |
CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
|
-2000 | |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
46000 | |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7212000 | |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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CY2015Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
13000 | |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
195000 | |
CY2015Q4 | us-gaap |
Assets
Assets
|
24473000 | |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
39000 | |
CY2015Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
8145000 | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2492000 | |
CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
21786000 | |
CY2015Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
8500000 | |
CY2015Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
4078000 | |
CY2015Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
4080000 | |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
692000 | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8819000 | |
CY2013 | smsi |
Minimum Number Of People To Be Employed Under Government Grant
MinimumNumberOfPeopleToBeEmployedUnderGovernmentGrant
|
232 | People |
CY2013 | smsi |
Period In Which People To Be Employed Under Government Grant
PeriodInWhichPeopleToBeEmployedUnderGovernmentGrant
|
P3Y | |
CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
735000 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
229000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45501000 | shares |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45501000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
45501000 | shares |
CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1000 | |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
10529000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-673000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-62000 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-5000 | |
CY2015Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6000 | |
CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
8411000 | |
CY2015Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2118000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-1167000 | |
CY2015Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2191000 | |
CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-606000 | |
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 |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
21000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1000 | |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9000 | |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1000 | |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11000 | |
CY2015Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
300000 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-188000 | |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8409000 | |
CY2015Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
8000 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-940000 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
17000 | |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3341000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-522000 | |
CY2015Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9000 | |
CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
576000 | |
CY2015Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
5000 | |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2877000 | |
CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
495000 | |
CY2015Q1 | smsi |
Number Of Geographic Location
NumberOfGeographicLocation
|
3 | Location |
CY2015Q1 | smsi |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount Due To Higher Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmountDueToHigherExercisePrice
|
976000 | shares |
CY2015Q1 | smsi |
Increase Decrease In Reserves Against Accounts Receivable
IncreaseDecreaseInReservesAgainstAccountsReceivable
|
12000 | |
CY2016Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
CY2016Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="2%" align="left"><b>1.</b></td> <td valign="top" align="left"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify"><b>The Company</b></p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 7%" align="justify">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 high quality of service for mobile users while optimizing networks for wireless service providers and enterprises. Using our intelligent device software, along with premium voice, video and messaging applications, we create new opportunities to engage consumers and monetize mobile services. In addition to wireless solutions, Smith Micro develops 2D/3D graphics software used by professional artists, animators, illustrators, and designers worldwide.</p> </div> | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
257000 | |
CY2016Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | Business_Unit |
CY2016Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
CY2016Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2016Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2016Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000948708 | |
CY2016Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2016Q1 | us-gaap |
Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
|
Through 2022 | |
CY2016Q1 | us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Three months or less | |
CY2016Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2016Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
SMITH MICRO SOFTWARE INC | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46094000 | shares |
CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46094000 | shares |
CY2016Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-03-31 | |
CY2016Q1 | dei |
Trading Symbol
TradingSymbol
|
SMSI | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
46094000 | shares |
CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3706000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
2000 | |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7214000 | |
CY2016Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
40000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
208000 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
7000 | |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3678000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9000 | |
CY2016Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
21000 | |
CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
5101000 | |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2000 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
321000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2686000 | |
CY2016Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-2000 | |
CY2016Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-2401000 | |
CY2016Q1 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
0 | |
CY2016Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
86000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
2000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3704000 | |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3680000 | |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
26000 | |
CY2016Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2113000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
667000 | |
CY2016Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2370000 | |
CY2016Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
300000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2579000 | |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8779000 | |
CY2016Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
7000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
2315000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
7000 | |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3923000 | |
CY2016Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
105000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
17000 | |
CY2016Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
361000 | |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2486000 | |
CY2016Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | |
CY2016Q1 | smsi |
Lease Incentive Amount For Improvement Of Space
LeaseIncentiveAmountForImprovementOfSpace
|
2200000 | |
CY2016Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
426000 | |
CY2016Q1 | smsi |
Number Of Geographic Location
NumberOfGeographicLocation
|
3 | Location |
CY2016Q1 | smsi |
Number Of Financial Institutions In Which Securities Held
NumberOfFinancialInstitutionsInWhichSecuritiesHeld
|
2 | Institution |
CY2016Q1 | smsi |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount Due To Higher Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmountDueToHigherExercisePrice
|
1605000 | shares |
CY2016Q1 | smsi |
Lease Agreement Term
LeaseAgreementTerm
|
P10Y | |
CY2016Q1 | smsi |
Incentives Price Per Square Foot
IncentivesPricePerSquareFoot
|
40.00 | |
CY2016Q1 | smsi |
Extended Period In Which People To Be Employed Under Government Grant
ExtendedPeriodInWhichPeopleToBeEmployedUnderGovernmentGrant
|
2016-04-30 |