Risk factors
SmartKem (SMTK) risk factors
Item 1A of every SmartKem, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors39 risks3 new7 dropped5 reworded
SmartKem faces severe financial strain with $125.1 million in accumulated deficit, continuous net losses, and Nasdaq listing deficiencies.
Filed Apr 08, 2026 - FY2024 10-K risk factors43 risks
SmartKem faces going-concern doubts with an accumulated deficit of $114.6 million as of December 31, 2024. Growth depends heavily on display manufacturers adopting MicroLED technology and third-party foundries like ITRI in Taiwan. Nasdaq listing is threatened by failure to meet the minimum stockholders' equity requirement of $2.5 million.
Filed Mar 31, 2025