Smartkem GAAP EPS of -$0.32

1 month ago 4

Smartkem press release (NASDAQ:SMTK): Q1 GAAP EPS of -$0.32.
Cash and cash equivalents were $3.9 million as of March 31, 2025, compared to $7.1 million as of December 31, 2024.
Revenues were $23 thousand for the three months ended March 31, 2025, compared to nil for the same period of 2024, primarily as a result of sales of OTFT backplanes and TRUFLEX materials for customer assessment and development purposes.

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