I upgraded my Mac to OS X 10.10 Yosemite and SMART Notebook 11.4 started to crash upon opening it. SMART doesn't provide a patch or any information on why that is, except that you'd basically need to buy a newer version of Notebook (which I wasn't about to do).

Go to HP Smart (in English) to download and install the HP Smart app on your Mac running macOS 10.12 or later. On your computer, open the HP Smart app, and then click the Plus sign. Follow the on-screen prompts to add your printer or set up a new printer. Step 2: Print or scan documents and photos. Product Support Download SMART Notebook Getting Started Downloads and Drivers Courses & Certifications Contact Support. Mac ( data.download. More information (Windows and Mac) Visit the SMART Admin Portal to view product keys and provision users; System requirements and release notes; View the SMART Notebook deployment guide for Windows or Mac.

So with some investigation it turns out SMART Notebook 11.4 requires Ruby 1.8 to work. Except installing Ruby 1.8 from, e.g., Homebrew doesn't work. I guess SMART had statically linked Notebook 11.4 against the particular Ruby library that was distributed by Apple.
A bit of research online turns up a post describing the same problem and the solution: copy Ruby 1.8 from a pre-Yosemite Mac over to Yosemite in the same directory.
The directory is /System/Library/Frameworks/Ruby.framework/Versions/

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Someone even made an installer and posted a link in the comments in that post, although I can't say whether you should trust using that installer... Not feeling comfortable using that installer, I dug up an older Mac and zipped up the 1.8 folder from the above directory and copied it over to my Yosemite machine.
Leave a comment here or message me if you want a zipped copy of the Ruby 1.8 folder. Or else if you feel comfortable with using that unvetted installer, then go download it from that comment.
Problems with this fix
Note that this method of making SMART Notebook 11.4 work will make the program less stable. I've had crashes from time to time. It also makes the toolbar unusable, and in fact, it won't even show up on the screen! So get used to picking tools the long way via the menubar instead.
I do wish there was a better software solution to what I'll call the 'Projector Transparency Roll - Writable (50 feet)'.

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