Business Context and Reporting Period
Company: Smith Micro Software, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 5, 2006
Event Date: November 20, 2006
This filing reports a strategic partnership event where Verizon Wireless announced the availability of the "Music Essentials Manager," a PC application developed by Smith Micro Software, for V CAST Music customers.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a specific business event rather than financial performance data.
Material Changes
The material change reported is the commercial availability of new software:
- New Product Launch: Verizon Wireless made the "Music Essentials Manager" available to V CAST Music subscribers.
- Functionality: The application facilitates the purchase of 99-cent songs, downloading and managing music, and transferring files from a PC to a mobile phone.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary beyond the event description, specific risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the commercial terms and revenue recognition impact of the Verizon Wireless partnership.
- Confirm the adoption rates of the "Music Essentials Manager" among V CAST Music subscribers.
- Review subsequent filings for any financial impact resulting from this November 2006 announcement.