0001817760 2025-01-01 2025-12-31 0001817760 smtk:IanJenksMember 2025-09-03 0001817760 smtk:BarbraKeckMember 2025-09-03 pure iso4217:USD shares iso4217:USD SMARTKEM, INC. true <div style="text-indent:20pt; margin-top:8pt; width:456pt; line-height:12.5pt;"> <span style="letter-spacing:0.2pt;">Equity grants to new employees and directors may be made at the board of directors meeting following their hiring or appointment. To extent that we make equity grants to existing employees or directors, we typically have done so at board meetings at which officer bonuses are also determined. We do not have a practice of granting equity awards annually. We do not grant equity awards in anticipation of the release of material nonpublic information. Similarly, we do not time the release of material nonpublic information about the company based on equity award grant dates. </span> </div><div style="text-indent:20pt; margin-top:8pt; width:456pt; line-height:12.5pt;"> <span style="letter-spacing:0.2pt;">As required by SEC rules, the following table presents information regarding awards issued to our named executive officers in fiscal year 2025 during any period beginning four business days before the filing of a periodic report or current report disclosing material non-public information and ending one business day after the filing or furnishing of such report with the SEC. </span> </div> Equity grants to new employees and directors may be made at the board of directors meeting following their hiring or appointment. To extent that we make equity grants to existing employees or directors, we typically have done so at board meetings at which officer bonuses are also determined. We do not have a practice of granting equity awards annually. true We do not have a practice of granting equity awards annually. We do not grant equity awards in anticipation of the release of material nonpublic information. Similarly, we do not time the release of material nonpublic information about the company based on equity award grant dates. false false <table style="width:456pt;height:119.5pt;margin-top:0pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:9pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt; width:135.55pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Name </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Grant <br/> Date </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Number of <br/> Securities <br/> Underlying <br/> the Award </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Exercise <br/> Price of <br/> the Award </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Grant Date <br/> Fair Value of <br/> the Award</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(1)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;">​</td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Percentage Change <br/> in the Closing Market Price <br/> of the Securities Underlying the <br/> Award Between the Trading Day <br/> Ending Immediately Prior to the <br/> Disclosure of Material Nonpublic <br/> Information and the Trading <br/> Day Beginning Immediately <br/> Following the Disclosure of <br/> Material Nonpublic Information </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;">​</td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.25pt 0pt 1.5pt 0pt; width:135.55pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">Ian Jenks </span> </div> </td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:0pt;width:0pt;">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:0pt; text-align:right; ">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:27pt; text-align:right; white-space:nowrap;">9/3/2025</td> <td style="padding:0pt;padding-left:0pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:2.19pt;width:0pt;">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:0pt; text-align:right; ">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:24.75pt; text-align:right; white-space:nowrap;">160,005</td> <td style="padding:0pt;padding-left:2.19pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:5.355pt;width:0pt;">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:13.5pt; text-align:right; white-space:nowrap;">1.16</td> <td style="padding:0pt;padding-left:5.355pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:5.155pt;width:0pt;">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:21pt; text-align:right; white-space:nowrap;">94,403</td> <td style="padding:0pt;padding-left:5.155pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:45.135pt;width:0pt;">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:0pt; text-align:right; ">​</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:15.75pt; text-align:right; white-space:nowrap;">(0.08<span style="position:absolute;">)%</span></td> <td style="padding:0pt;padding-left:45.135pt;width:0pt;">​</td> <td style="padding:0pt; width:0pt;">​</td> </tr> <tr style="line-height:10pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:135.55pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">Barbra Keck </span> </div> </td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:0pt;width:0pt;">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:0pt; text-align:right; ">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:27pt; text-align:right; white-space:nowrap;">9/3/2025</td> <td style="padding:0pt;padding-left:0pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:2.19pt;width:0pt;">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:0pt; text-align:right; ">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:24.75pt; text-align:right; white-space:nowrap;">71,077</td> <td style="padding:0pt;padding-left:2.19pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:5.355pt;width:0pt;">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:13.5pt; text-align:right; white-space:nowrap;">1.16</td> <td style="padding:0pt;padding-left:5.355pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:5.155pt;width:0pt;">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:21pt; text-align:right; white-space:nowrap;">41,935</td> <td style="padding:0pt;padding-left:5.155pt;width:0pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt; width:6pt;">​</td> <td style="padding:0pt;padding-left:45.135pt;width:0pt;">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:0pt; text-align:right; ">​</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:15.75pt; text-align:right; white-space:nowrap;">(0.08<span style="position:absolute;">)%</span></td> <td style="padding:0pt;padding-left:45.135pt;width:0pt;">​</td> <td style="padding:0pt; width:0pt;">​</td> </tr> </table><div style="margin-left: 0pt; width: 108pt; margin-top: 0pt; font-size: 1pt; line-height: 0pt; border-bottom: 1pt solid #000000; ">​</div><div style=" float:left; margin-top:8pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;font-weight:normal;font-size:10pt;"> <span style="letter-spacing:0.2pt;">(1)</span> <br/> </div><div style=" margin-top:8pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;font-weight:normal;font-size:10pt;"> <span style="letter-spacing:0.2pt;">The amounts reported represent the aggregate grant-date fair value of the stock options awarded to the named executive officer, calculated in accordance with Accounting Standards Codification 718. Such grant-date fair value does not take into account any estimated forfeitures related to service-based vesting conditions. </span> </div> Ian Jenks 160005 1.16 94403 -0.08 Barbra Keck 71077 1.16 41935 -0.08 PRE 14A 0001817760 false