English

SMART FOR LIFE, INC.

EDGAR

SMFL Quarterly report (10-Q) · filed 2025-06-11

18 filing records in this dataset, filed from 2021-12-16 to 2025-06-11. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

1.27 million USD

2024 Q3 · USD

Exact inputs and evidence

Revenue: 1269373 USD Source

Operating margin

-94.86%

2024 Q3 · %

Exact inputs and evidence

Operating Income: -1204102 USD Source
Revenue: 1269373 USD Source

Operating cash flow

895 thousand USD

2024 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: -516784 USD Source
Operating Cash Flow: -1411573 USD Source

Cash and cash equivalents: 31.7 thousand USD 2024-06-30 Source
Exact value

31703 USD
Long-term debt including current maturities: 3.24 million USD 2024-09-30
Exact inputs and evidence

3239177 USD

Long-term debt including current maturities: 3239177 USD Source
Shares outstanding: 7.09 million shares 2024-09-30 Source
Exact value

7090728 shares

Reported share-count change

1,022.66% · 6.46 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

631600 shares · 2023-09-30· Source
7090728 shares · 2024-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Net income

-18.2 million USD

2023-10-01 – 2024-09-30

Exact inputs and evidence

Net income: -22700000 USD · 2023-01-01 – 2023-12-31 Source
Net income: -12848419 USD · 2023-01-01 – 2023-09-30 Source
Net income: -2896174 USD · 2024-01-01 – 2024-03-31 Source
Net income: -2211021 USD · 2024-04-01 – 2024-06-30 Source
Net income: -3235878 USD · 2024-07-01 – 2024-09-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-06-11.

Financial data available through: 2023-12-31.

Coverage by financial measure

Revenue: 4 of 11 periods available· newest 2023-12-31
Operating income: 4 of 11 periods available· newest 2023-12-31
Net income: 4 of 11 periods available· newest 2023-12-31
Operating cash flow: 4 of 11 periods available· newest 2023-12-31
Capital expenditure: 3 of 11 periods available· newest 2022-12-31
Total assets: 4 of 11 periods available· newest 2023-12-31
Total liabilities: 4 of 11 periods available· newest 2023-12-31
Current assets: 4 of 11 periods available· newest 2023-12-31
Current liabilities: 4 of 11 periods available· newest 2023-12-31
Cash and cash equivalents: 4 of 11 periods available· newest 2023-12-31
Long-term debt including current maturities: 3 of 11 periods available· newest 2023-12-31
Shares outstanding: 4 of 11 periods available· newest 2023-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-48.3%

Prior period

USD 15.9 million

2022-01-01 – 2022-12-31
Current period

USD 8.23 million

2023-01-01 – 2023-12-31

Exact inputs and evidence

8225792 − 15902529 = -7676737 USD

15902529 USD · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
8225792 USD · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · SMART FOR LIFE, INC. · 2023-12-31 SMART FOR LIFE, INC. (edgar:1851860) Year-over-year change in Revenue: -7676737 USD Concept: fundies:Revenue Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 8225792 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1142958 Filing: 000121390024080709 Input fundies:Revenue: 15902529 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1143824 Filing: 000121390024080709
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 7.28 million

Prior period

−USD 29.98 million

2022-01-01 – 2022-12-31
Current period

−USD 22.7 million

2023-01-01 – 2023-12-31

Exact inputs and evidence

-22700000 − -29977816 = 7277816 USD

-29977816 USD · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
-22700000 USD · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · SMART FOR LIFE, INC. · 2023-12-31 SMART FOR LIFE, INC. (edgar:1851860) Year-over-year change in Net income: 7277816 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -22700000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1085765 Filing: 000121390024080709 Input fundies:NetIncome: -29977816 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1016929 Filing: 000121390024080709
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 3.89 million

Prior period

−USD 9.69 million

2022-01-01 – 2022-12-31
Current period

−USD 5.8 million

2023-01-01 – 2023-12-31

Exact inputs and evidence

-5800000 − -9685871 = 3885871 USD

-9685871 USD · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
-5800000 USD · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · SMART FOR LIFE, INC. · 2023-12-31 SMART FOR LIFE, INC. (edgar:1851860) Year-over-year change in Operating cash flow: 3885871 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -5800000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1085980 Filing: 000121390024080709 Input fundies:OperatingCashFlow: -9685871 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1035493 Filing: 000121390024080709
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2023-01-01 – 2023-12-31

Revenue USD 8.23 million 100% of revenue
Cost of revenue USD 5.14 million 62% of revenue
Operating expenses USD 20.25 million 246% of revenue
Operating income −USD 17.16 million −209% of revenue
Tax, interest and other Derived USD 5.54 million 67% of revenue
Net income −USD 22.7 million −276% of revenue

Cash

Operating cash flow −USD 5.8 million −71% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2020 Operating loss: operating costs were 197% of revenue.
2021 Operating loss: operating costs were 158% of revenue.
2022 Operating loss: operating costs were 175% of revenue.
2023 Operating loss: operating costs were 309% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2020 2020-01-01 – 2020-12-31	1959595	3861329 Derived	-1901734	1267284 Derived	-3169018	-2013528 Derived	Source 2020-01-01 – 2020-12-31: 1959595 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -1901734 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -3169018 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -1980562 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 32966 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	9022593	14263414 Derived	-5240821	2524702 Derived	-7765523	-5106841 Derived	Source 2021-01-01 – 2021-12-31: 9022593 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -5240821 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -7765523 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -4965458 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 141383 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	15902529	27853510 Derived	-11950981	18026835 Derived	-29977816	-9715591 Derived	Source 2022-01-01 – 2022-12-31: 15902529 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -11950981 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -29977816 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -9685871 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 29720 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	8225792	25381784 Derived	-17155992	5544008 Derived	-22700000	Unavailable	Source 2023-01-01 – 2023-12-31: 8225792 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -17155992 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -22700000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: -5800000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 8.2M 2023

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20202020-12-31	Revenue	1959595	Revenue: 1959595 Open source
20212021-12-31	Revenue	9022593	Revenue: 9022593 Open source
20222022-12-31	Revenue	15902529	Revenue: 15902529 Open source
20232023-12-31	Revenue	8225792	Revenue: 8225792 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-48.3% 2023

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20202020-12-31	Year over year	No prior comparable period	Revenue: 1959595 Open source
20212021-12-31	Year over year	360.4%	Revenue: 9022593 Open source Revenue: 1959595 Open source
20222022-12-31	Year over year	76.3%	Revenue: 15902529 Open source Revenue: 9022593 Open source
20232023-12-31	Year over year	-48.3%	Revenue: 8225792 Open source Revenue: 15902529 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -208.6% 2023

Net margin -276% 2023

Free cash flow margin -61.1% 2022

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20202020-12-31	Operating margin	-97%	Operating Income: -1901734 Open source Revenue: 1959595 Open source
20212021-12-31	Operating margin	-58.1%	Operating Income: -5240821 Open source Revenue: 9022593 Open source
20222022-12-31	Operating margin	-75.2%	Operating Income: -11950981 Open source Revenue: 15902529 Open source
20232023-12-31	Operating margin	-208.6%	Operating Income: -17155992 Open source Revenue: 8225792 Open source
20202020-12-31	Net margin	-161.7%	Net Income: -3169018 Open source Revenue: 1959595 Open source
20212021-12-31	Net margin	-86.1%	Net Income: -7765523 Open source Revenue: 9022593 Open source
20222022-12-31	Net margin	-188.5%	Net Income: -29977816 Open source Revenue: 15902529 Open source
20232023-12-31	Net margin	-276%	Net Income: -22700000 Open source Revenue: 8225792 Open source
20202020-12-31	Free cash flow margin	-102.8%	Revenue: 1959595 Open source Operating Cash Flow: -1980562 Open source Capital Expenditure: 32966 Open source
20212021-12-31	Free cash flow margin	-56.6%	Revenue: 9022593 Open source Operating Cash Flow: -4965458 Open source Capital Expenditure: 141383 Open source
20222022-12-31	Free cash flow margin	-61.1%	Revenue: 15902529 Open source Operating Cash Flow: -9685871 Open source Capital Expenditure: 29720 Open source
20232023-12-31	Free cash flow margin	Not reported	Revenue: 8225792 Open source Operating Cash Flow: -5800000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -5.8M 2023

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20202020-12-31	Operating cash flow	-1980562	Operating Cash Flow: -1980562 Open source
20212021-12-31	Operating cash flow	-4965458	Operating Cash Flow: -4965458 Open source
20222022-12-31	Operating cash flow	-9685871	Operating Cash Flow: -9685871 Open source
20232023-12-31	Operating cash flow	-5800000	Operating Cash Flow: -5800000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -9.7M 2022

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20202020-12-31	Free cash flow	-2013528	Operating Cash Flow: -1980562 Open source Capital Expenditure: 32966 Open source
20212021-12-31	Free cash flow	-5106841	Operating Cash Flow: -4965458 Open source Capital Expenditure: 141383 Open source
20222022-12-31	Free cash flow	-9715591	Operating Cash Flow: -9685871 Open source Capital Expenditure: 29720 Open source
20232023-12-31	Free cash flow	Unavailable	Operating Cash Flow: -5800000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

132.5% 2023

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20202020-12-31	Liabilities / assets	477.2%	Total Liabilities: 9014729 Open source Total Assets: 1888903 Open source
20212021-12-31	Liabilities / assets	126.9%	Total Liabilities: 28701145 Open source Total Assets: 22610407 Open source
20222022-12-31	Liabilities / assets	108.1%	Total Liabilities: 31508937 Open source Total Assets: 29146955 Open source
20232023-12-31	Liabilities / assets	132.5%	Total Liabilities: 26046681 Open source Total Assets: 19659227 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.11× 2023

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20202020-12-31	Current assets / current liabilities	0.1×	Current Assets: 689751 Open source Current Liabilities: 6881821 Open source
20212021-12-31	Current assets / current liabilities	0.25×	Current Assets: 4339504 Open source Current Liabilities: 17144748 Open source
20222022-12-31	Current assets / current liabilities	0.24×	Current Assets: 3603976 Open source Current Liabilities: 15143518 Open source
20232023-12-31	Current assets / current liabilities	0.11×	Current Assets: 2331710 Open source Current Liabilities: 22055908 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2020 2020-01-01 – 2020-12-31	−USD 3.17 million Exact value Exact value: -3169018 USD 2020-01-01 – 2020-12-31: -3169018 USD Inspect Net Income Open source Share or cite Citation for Net Income · SMART FOR LIFE, INC. · 2020-12-31 SMART FOR LIFE, INC. (edgar:1851860) Net Income: -3169018 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -3169018 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390022080476/ea170229-s1_smart.htm#1997226 Filing: 000121390022080476 The citation records this snapshot. The page link may show a newer release later.	−USD 1.98 million Exact value Exact value: -1980562 USD 2020-01-01 – 2020-12-31: -1980562 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · SMART FOR LIFE, INC. · 2020-12-31 SMART FOR LIFE, INC. (edgar:1851860) Operating Cash Flow: -1980562 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -1980562 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390022080476/ea170229-s1_smart.htm#2009365 Filing: 000121390022080476 The citation records this snapshot. The page link may show a newer release later.	USD 32,966 Exact value Exact value: 32966 USD 2020-01-01 – 2020-12-31: 32966 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · SMART FOR LIFE, INC. · 2020-12-31 SMART FOR LIFE, INC. (edgar:1851860) Capital Expenditure: 32966 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 32966 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390022080476/ea170229-s1_smart.htm#2012431 Filing: 000121390022080476 The citation records this snapshot. The page link may show a newer release later.	−USD 2.01 million Calculation and evidence -1980562 − 32966 USD Exact free cash flow: -2013528 USD 2020-01-01 – 2020-12-31: -1980562 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 32966 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · SMART FOR LIFE, INC. · 2020-12-31 SMART FOR LIFE, INC. (edgar:1851860) Free cash flow: -2013528 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -1980562 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390022080476/ea170229-s1_smart.htm#2009365 Filing: 000121390022080476 Input fundies:CapitalExpenditure: 32966 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390022080476/ea170229-s1_smart.htm#2012431 Filing: 000121390022080476 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 7.77 million Exact value Exact value: -7765523 USD 2021-01-01 – 2021-12-31: -7765523 USD Inspect Net Income Open source Share or cite Citation for Net Income · SMART FOR LIFE, INC. · 2021-12-31 SMART FOR LIFE, INC. (edgar:1851860) Net Income: -7765523 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -7765523 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390023025453/f10k2022_smartforlife.htm#840941 Filing: 000121390023025453 The citation records this snapshot. The page link may show a newer release later.	−USD 4.97 million Exact value Exact value: -4965458 USD 2021-01-01 – 2021-12-31: -4965458 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · SMART FOR LIFE, INC. · 2021-12-31 SMART FOR LIFE, INC. (edgar:1851860) Operating Cash Flow: -4965458 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -4965458 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390023025453/f10k2022_smartforlife.htm#880327 Filing: 000121390023025453 The citation records this snapshot. The page link may show a newer release later.	USD 141,383 Exact value Exact value: 141383 USD 2021-01-01 – 2021-12-31: 141383 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · SMART FOR LIFE, INC. · 2021-12-31 SMART FOR LIFE, INC. (edgar:1851860) Capital Expenditure: 141383 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 141383 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390023025453/f10k2022_smartforlife.htm#891016 Filing: 000121390023025453 The citation records this snapshot. The page link may show a newer release later.	−USD 5.11 million Calculation and evidence -4965458 − 141383 USD Exact free cash flow: -5106841 USD 2021-01-01 – 2021-12-31: -4965458 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 141383 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · SMART FOR LIFE, INC. · 2021-12-31 SMART FOR LIFE, INC. (edgar:1851860) Free cash flow: -5106841 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -4965458 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390023025453/f10k2022_smartforlife.htm#880327 Filing: 000121390023025453 Input fundies:CapitalExpenditure: 141383 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390023025453/f10k2022_smartforlife.htm#891016 Filing: 000121390023025453 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 29.98 million Exact value Exact value: -29977816 USD 2022-01-01 – 2022-12-31: -29977816 USD Inspect Net Income Open source Share or cite Citation for Net Income · SMART FOR LIFE, INC. · 2022-12-31 SMART FOR LIFE, INC. (edgar:1851860) Net Income: -29977816 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -29977816 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1016929 Filing: 000121390024080709 The citation records this snapshot. The page link may show a newer release later.	−USD 9.69 million Exact value Exact value: -9685871 USD 2022-01-01 – 2022-12-31: -9685871 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · SMART FOR LIFE, INC. · 2022-12-31 SMART FOR LIFE, INC. (edgar:1851860) Operating Cash Flow: -9685871 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -9685871 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1035493 Filing: 000121390024080709 The citation records this snapshot. The page link may show a newer release later.	USD 29,720 Exact value Exact value: 29720 USD 2022-01-01 – 2022-12-31: 29720 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · SMART FOR LIFE, INC. · 2022-12-31 SMART FOR LIFE, INC. (edgar:1851860) Capital Expenditure: 29720 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 29720 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1037630 Filing: 000121390024080709 The citation records this snapshot. The page link may show a newer release later.	−USD 9.72 million Calculation and evidence -9685871 − 29720 USD Exact free cash flow: -9715591 USD 2022-01-01 – 2022-12-31: -9685871 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 29720 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · SMART FOR LIFE, INC. · 2022-12-31 SMART FOR LIFE, INC. (edgar:1851860) Free cash flow: -9715591 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -9685871 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1035493 Filing: 000121390024080709 Input fundies:CapitalExpenditure: 29720 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1037630 Filing: 000121390024080709 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 22.7 million Exact value Exact value: -22700000 USD 2023-01-01 – 2023-12-31: -22700000 USD Inspect Net Income Open source Share or cite Citation for Net Income · SMART FOR LIFE, INC. · 2023-12-31 SMART FOR LIFE, INC. (edgar:1851860) Net Income: -22700000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -22700000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1085765 Filing: 000121390024080709 The citation records this snapshot. The page link may show a newer release later.	−USD 5.8 million Exact value Exact value: -5800000 USD 2023-01-01 – 2023-12-31: -5800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · SMART FOR LIFE, INC. · 2023-12-31 SMART FOR LIFE, INC. (edgar:1851860) Operating Cash Flow: -5800000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-12T00:58:45Z Snapshot: 7988ff7fe64c0f067888c98f11271d561e2ffa7d170e199e0f15590a16be3060 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1851860/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -5800000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1851860/000121390024080709/ea0203858-10k_smart.htm#1085980 Filing: 000121390024080709 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

18 filings · 1,039 latest values · 1,039 originally reported values

Dataset published 2026-11-12. Source filing dates and reporting periods are shown separately.

Identifiers: 0001851860, 1851860, SMFL, edgar:1851860

Also known as Bonne Sante Group, Inc., SMART FOR LIFE, INC, SMART FOR LIFE, INC.

SMART FOR LIFE, INC.

Latest quarter

Revenue

Operating margin

Operating cash flow

Reported share-count change

Trailing twelve months

Net income

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2023 2023-01-01 – 2023-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation