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Side-by-side financial comparison of SMITH MICRO SOFTWARE, INC. (SMSI) and 22nd Century Group, Inc. (XXII). Click either name above to swap in a different company.

SMITH MICRO SOFTWARE, INC. is the larger business by last-quarter revenue ($4.0M vs $3.5M, roughly 1.1× 22nd Century Group, Inc.). On growth, 22nd Century Group, Inc. posted the faster year-over-year revenue change (-12.0% vs -20.0%). Over the past eight quarters, SMITH MICRO SOFTWARE, INC.'s revenue compounded faster (-17.2% CAGR vs -26.1%).

Smith Micro Software, Inc., founded in 1982 by William W. Smith, Jr., is a developer and marketer of both enterprise and consumer-level software and services. Headquartered in Pittsburgh, Pennsylvania, Smith Micro maintains multiple domestic and international offices. United States locations include Aliso Viejo, California, and Pittsburgh, Pennsylvania. International offices are located throughout Europe and Asia. Currently, the company focuses on digital lifestyle solutions and security tech...

22nd Century Media was an American media company based in the suburbs of Chicago. The company was founded in 2005 and at one time published 14 weekly community newspapers. The publications had roughly 160,000 subscribers.

SMSI vs XXII — Head-to-Head

Bigger by revenue
SMSI
SMSI
1.1× larger
SMSI
$4.0M
$3.5M
XXII
Growing faster (revenue YoY)
XXII
XXII
+8.0% gap
XXII
-12.0%
-20.0%
SMSI
Faster 2-yr revenue CAGR
SMSI
SMSI
Annualised
SMSI
-17.2%
-26.1%
XXII

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SMSI
SMSI
XXII
XXII
Revenue
$4.0M
$3.5M
Net Profit
$-2.8M
Gross Margin
76.4%
Operating Margin
-109.8%
-79.2%
Net Margin
-79.4%
Revenue YoY
-20.0%
-12.0%
Net Profit YoY
38.4%
EPS (diluted)
$-0.15
$-36.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SMSI
SMSI
XXII
XXII
Q4 25
$4.0M
$3.5M
Q3 25
$4.3M
$4.0M
Q2 25
$4.4M
$4.1M
Q1 25
$4.6M
$6.0M
Q4 24
$5.0M
$4.0M
Q3 24
$4.6M
$5.9M
Q2 24
$5.1M
$7.9M
Q1 24
$5.8M
$6.5M
Net Profit
SMSI
SMSI
XXII
XXII
Q4 25
$-2.8M
Q3 25
$-4.5M
$5.5M
Q2 25
$-15.1M
$-3.4M
Q1 25
$-5.2M
$-4.3M
Q4 24
$-4.6M
Q3 24
$-6.4M
$-3.8M
Q2 24
$-6.9M
$-1.1M
Q1 24
$-31.0M
$-5.7M
Gross Margin
SMSI
SMSI
XXII
XXII
Q4 25
76.4%
Q3 25
73.9%
36.3%
Q2 25
73.5%
29.9%
Q1 25
72.8%
Q4 24
75.6%
Q3 24
71.6%
47.8%
Q2 24
68.7%
51.3%
Q1 24
65.7%
Operating Margin
SMSI
SMSI
XXII
XXII
Q4 25
-109.8%
-79.2%
Q3 25
-103.2%
-80.1%
Q2 25
-338.3%
-73.0%
Q1 25
-112.7%
-43.1%
Q4 24
-89.7%
-101.8%
Q3 24
-140.0%
-56.8%
Q2 24
-135.8%
-25.8%
Q1 24
-542.4%
-68.5%
Net Margin
SMSI
SMSI
XXII
XXII
Q4 25
-79.4%
Q3 25
-104.3%
136.8%
Q2 25
-340.8%
-83.4%
Q1 25
-112.1%
-72.7%
Q4 24
-113.3%
Q3 24
-137.0%
-63.2%
Q2 24
-134.8%
-14.0%
Q1 24
-534.8%
-88.7%
EPS (diluted)
SMSI
SMSI
XXII
XXII
Q4 25
$-0.15
$-36.48
Q3 25
$-0.25
$-0.28
Q2 25
$-0.78
$-13.61
Q1 25
$-0.28
$-2.50
Q4 24
$0.54
$-42962.00
Q3 24
$-0.54
$-1760.26
Q2 24
$-0.66
$-593.72
Q1 24
$-3.28
$-395.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SMSI
SMSI
XXII
XXII
Cash + ST InvestmentsLiquidity on hand
$1.5M
$7.1M
Total DebtLower is stronger
$708.0K
Stockholders' EquityBook value
$18.4M
$15.8M
Total Assets
$25.0M
$27.0M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMSI
SMSI
XXII
XXII
Q4 25
$1.5M
$7.1M
Q3 25
$1.4M
$4.8M
Q2 25
$1.4M
$3.1M
Q1 25
$2.3M
$1.1M
Q4 24
$2.8M
$4.4M
Q3 24
$1.5M
$5.3M
Q2 24
$5.6M
$1.3M
Q1 24
$6.2M
$1.5M
Total Debt
SMSI
SMSI
XXII
XXII
Q4 25
$708.0K
Q3 25
Q2 25
$3.2M
Q1 25
$3.9M
Q4 24
$6.7M
Q3 24
$7.0M
Q2 24
$7.5M
Q1 24
$14.7M
Stockholders' Equity
SMSI
SMSI
XXII
XXII
Q4 25
$18.4M
$15.8M
Q3 25
$19.9M
$18.4M
Q2 25
$22.4M
$5.6M
Q1 25
$36.6M
$3.6M
Q4 24
$40.8M
$4.0M
Q3 24
$37.7M
$3.5M
Q2 24
$42.9M
$-955.0K
Q1 24
$45.4M
$-11.6M
Total Assets
SMSI
SMSI
XXII
XXII
Q4 25
$25.0M
$27.0M
Q3 25
$27.1M
$32.4M
Q2 25
$29.6M
$22.4M
Q1 25
$43.4M
$21.5M
Q4 24
$48.0M
$21.7M
Q3 24
$46.2M
$26.2M
Q2 24
$53.0M
$24.1M
Q1 24
$55.4M
$24.6M
Debt / Equity
SMSI
SMSI
XXII
XXII
Q4 25
0.04×
Q3 25
Q2 25
0.57×
Q1 25
1.08×
Q4 24
1.66×
Q3 24
2.02×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SMSI
SMSI
XXII
XXII
Operating Cash FlowLast quarter
$-2.2M
$2.7M
Free Cash FlowOCF − Capex
$2.7M
FCF MarginFCF / Revenue
77.3%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMSI
SMSI
XXII
XXII
Q4 25
$-2.2M
$2.7M
Q3 25
$-2.1M
$-4.0M
Q2 25
$-2.3M
$-3.5M
Q1 25
$-602.0K
$-3.0M
Q4 24
$-4.9M
$-4.4M
Q3 24
$-3.8M
$-3.0M
Q2 24
$-4.2M
$-4.7M
Q1 24
$-1.3M
$-2.3M
Free Cash Flow
SMSI
SMSI
XXII
XXII
Q4 25
$2.7M
Q3 25
$-2.2M
$-4.0M
Q2 25
$-3.5M
Q1 25
$-606.0K
$-3.0M
Q4 24
$-4.9M
Q3 24
$-3.8M
$-3.0M
Q2 24
$-4.2M
$-4.8M
Q1 24
$-1.3M
$-2.3M
FCF Margin
SMSI
SMSI
XXII
XXII
Q4 25
77.3%
Q3 25
-49.6%
-100.3%
Q2 25
-85.9%
Q1 25
-13.1%
-50.1%
Q4 24
-99.2%
Q3 24
-82.2%
-51.2%
Q2 24
-82.0%
-60.1%
Q1 24
-23.3%
-35.0%
Capex Intensity
SMSI
SMSI
XXII
XXII
Q4 25
0.5%
Q3 25
0.5%
0.1%
Q2 25
0.7%
Q1 25
0.1%
0.2%
Q4 24
0.1%
0.0%
Q3 24
0.1%
1.2%
Q2 24
0.1%
0.8%
Q1 24
0.1%
0.1%
Cash Conversion
SMSI
SMSI
XXII
XXII
Q4 25
Q3 25
-0.73×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SMSI
SMSI

Family Safety$3.2M80%
Other$797.0K20%

XXII
XXII

Segment breakdown not available.

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