Smith Micro (SMSI) continues to execute well. Over the past several years, the company has risen from near-bankruptcy, persevered the extreme uncertainty related to the nearly two-year legal battle involving the Sprint-T-Mobile (TMUS) merger, and now is weathering the storm of a global pandemic. Overcoming these obstacles, the company now boasts nearly $20M of cash on hand and is generating approximately $1.5M per quarter in operating cash flow.
While SMSI and TMUS continue to work together on developing an integrated family safety product, management noted they are in various stages