SMITH MIDLAND CORP

SMITH MIDLAND CORP (ticker: SMID) is an NASDAQ-listed concrete products, except block & brick company. DredgeCap's structured extraction of SMID's SEC filings surfaces 40 active risk signals, including 37 late-filing signals, 2 auditor-change signals, and 1 delisting/deregistration signal. SMID reported $93.45M in revenue and $12.51M for the period ending 2025-12-31, with operating cash flow of $14.30M. Cash and equivalents stood at $11.88M (up 57.4% year-over-year). Total assets of $87.73M exceed total liabilities of $33.42M. Each signal on this page is sourced verbatim from the underlying SEC filing. Use the tabs above to drill into auditor history, going-concern citations, dilution mechanics, cash runway, and the full risk-flag inventory.

SMID Cash Runway

Months-of-runway analysis for SMID, derived directly from SEC XBRL: latest cash and operating cash flow, monthly burn rate, runway under current conditions. Historical trend + verbatim citation panel ships in Phase 2.

Coming in Phase 2

The dedicated per-ticker cash-runway page will surface a 6-8 quarter trend with the underlying us-gaap:CashAndCashEquivalentsAtCarryingValue + us-gaap:NetCashProvidedByUsedInOperatingActivities citations alongside each data point. In the meantime, see the ranked cross-company view:

All companies ranked by months-of-runway →

Related on SMID

Share-count dilution →

Dilution is the natural counterpart to runway burn.

Going-concern history →

Auditor + management language across filings.