SMX Files 6-K with Financial Discussion

TL;DR

SMX dropped a 6-K with financial analysis, formerly Empatan.

AI Summary

SMX (Security Matters) Public Ltd Co filed a Form 6-K on August 29, 2025, for the month of August 2025. The filing includes a Management's Discussion and Analysis of Financial Condition and Results of Operations. The company was formerly known as Empatan Public Ltd Co until August 1, 2022.

Why It Matters

This filing provides investors with an update on the company's financial performance and strategic outlook, which can influence investment decisions.

Risk Assessment

Risk Level: low — This is a routine filing providing financial information and does not indicate any immediate or significant new risks.

Key Players & Entities

• SMX (Security Matters) Public Ltd Co (company) — Registrant
• Empatan Public Ltd Co (company) — Former company name
• August 29, 2025 (date) — Filing date
• August 2025 (date) — Reporting period
• August 1, 2022 (date) — Date of name change

FAQ

Key Financial Figures

• $1.00 — sdaq's minimum bid price requirement of $1.00 per share, reducing the number of outst
• $0.0022 — e of the Ordinary Shares increased from $0.0022 to $0.165 per share. The Company's opti
• $0.165 — dinary Shares increased from $0.0022 to $0.165 per share. The Company's options, warra
• $4.70250014886352 — rdinary Shares increased from $0.165 to $4.70250014886352 per share. The Company's options, warra
• $0.00000000000001 — e of the ordinary shares increased from $0.00000000000001 to $0.000000000000041 per share. The Co
• $0.000000000000041 — res increased from $0.00000000000001 to $0.000000000000041 per share. The Company's options, warra
• $0.00000000000041 — the ordinary shares were increased from $0.00000000000041 to $0.000000000000287 per share. The Co
• $0.000000000000287 — ere increased from $0.00000000000041 to $0.000000000000287 per share. The Company's options, warra
• $18,656 thousand — and administrative expenses amounted to $18,656 thousand for the six months ending June 30, 2025
• $11,408 — hs ending June 30, 2025, an increase of $11,408 thousand, or 157%, compared to $7,248 t
• $7,248 thousand — $11,408 thousand, or 157%, compared to $7,248 thousand for the six months ending June 30, 2024
• $12,580 thousand — increase was primarily attributable to $12,580 thousand in share-based compensation, an increas
• $794 thousand — hare-based compensation, an increase of $794 thousand in public company related expenses, off
• $1,176 thousand — lated expenses, offset by a decrease of $1,176 thousand in professional services, a decrease of
• $459 thousand — in professional services, a decrease of $459 thousand in transaction cost, and a decrease of

Filing Documents

• form6-k.htm (6-K) — 242KB
• ex99-1.htm (EX-99.1) — 699KB
• ex99-1_001.jpg (GRAPHIC) — 11KB
• 0001641172-25-025997.txt ( ) — 4071KB
• smx-20250630.xsd (EX-101.SCH) — 43KB
• smx-20250630_cal.xml (EX-101.CAL) — 49KB
• smx-20250630_def.xml (EX-101.DEF) — 144KB
• smx-20250630_lab.xml (EX-101.LAB) — 288KB
• smx-20250630_pre.xml (EX-101.PRE) — 223KB
• form6-k_htm.xml (XML) — 577KB

financial statements and related notes of the Company as of and for the six months ended June 30, 2025

financial statements and related notes of the Company as of and for the six months ended June 30, 2025. CAUTIONARY Certain Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking the Company's financial performance and ability to raise capital; the ability to maintain the listing of the Company's Ordinary Shares on Nasdaq; changes in the Company's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; the Company's ability to develop and launch products and services; the Company's ability to successfully and efficiently integrate future expansion plans and opportunities; the Company's ability to grow its business in a cost-effective manner; the Company's product development timeline and estimated research and development costs; the implementation, market acceptance and success of the Company's business model; developments and projections relating to the Company's competitors and industry; the Company's approach and goals with respect to tech

forward-looking statements, including among other things, the items identified in the section entitled " Risk Factors "

forward-looking statements, including among other things, the items identified in the section entitled " Risk Factors " in the Company's Annual Report on Form 20-F for the fiscal year ended December 31, 2024. You should review the factors and risks that the Company describes in the reports it has filed and will file from time to time with the SEC. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the outcome of any legal proceedings that may be instituted against the Company; the ability tomaintain the listing of the Ordinary Shares on Nasdaq; our financial statements for the six months ended June 30, 2025, contains an explanatory paragraph regarding substantial doubt about our ability to continue as a going concern, which could prevent us from obtaining new financing on reasonable terms or at all; changes in applicable laws or regulations; the effects of future pandemics, or other future health crises on the Company's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which the Company operates; the risk that the Company and its current and future collaborators are unable to successfully develop and commercialize its products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers a

Business

Business The Company integrates chemistry, physics, and computer science to give materials memory and create a culture of transparency and trust across multiple industries. The Company's over 100 patents in various stages of application support unique marking, measuring, and tracking technologies allowing clients to seamlessly deploy transparency at all levels of development and provide stakeholders with a complete provenance of material composition and history, from virgin material to recycled, to address manufacturing challenges and ESG goals while maintaining sustainable growth. As a result, the Company's technologies are designed and developed to help companies address ESG commitments and transition more successfully to a low-carbon economy. The Company's technology seeks to enable global companies across various industries to transition more successfully to a sustainable circular economy. By adopting our technology, they would be able to tangibly measure and track the raw material from origination, through the supply chain and at the end of life-where the amount of material recycled/reused from that product item can be measured and as well as the number of times that specific material/item has been recycled/reused. The Company provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer. Its proprietary marker system embeds a permanent or removable (depending on the needs of the customer) mark on solid, liquid or gaseous objects or materials. One reader can detect embedded data in various materials, from metals to fabrics to food and plasti

View Full Filing

View this 6-K filing on SEC EDGAR