For the quarter ending 2025-09-30, SPIR had -$15,802K decrease in cash & cash equivalents over the period. -$20,436K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -19,676 | 96,075 |
| Depreciation and amortization | 2,557 | 6,937 |
| Stock-based compensation | 3,830 | 11,127 |
| Amortization of operating lease right-of-use assets | 788 | 1,519 |
| Change in fair value of warrant liabilities | -51 | -3,047 |
| Change in fair value of contingent earnout liability | 617 | 811 |
| Issuance of stock warrants | 0 | 0 |
| Loss on decommissioned satellites and disposal of assets | 0 | 6,270 |
| Loss on extinguishment of debt | 0 | -12,008 |
| Gain on sale of a business | 0 | 154,305 |
| Transaction costs on sale of a business | 0 | -23,744 |
| Other, net | 666 | -2,483 |
| Accounts receivable, net | -1,718 | -5,597 |
| Contract assets | 1,690 | 1,285 |
| Other current assets | 1,662 | 1,769 |
| Other long-term assets | -2,209 | 959 |
| Accounts payable | 1,855 | -4,931 |
| Accrued wages and benefits | -189 | 2,693 |
| Contract liabilities | 734 | 2,497 |
| Other accrued expenses | -577 | 1,404 |
| Operating lease liabilities | -611 | -1,255 |
| Other long-term liabilities | 0 | -8 |
| Net cash (used in) provided by operating activities | -12,048 | -43,504 |
| Purchases of short-term investments | 16,612 | 81,118 |
| Maturities of short-term investments | 22,600 | 0 |
| Purchase of property and equipment | 8,388 | 12,507 |
| Proceeds from sale of a business, net of cash | 0 | 238,948 |
| Net cash provided by (used in) investing activities | -2,400 | 145,323 |
| Proceeds from securities purchase agreements, net | 0 | 37,297 |
| Payments on long-term debt | 0 | 105,742 |
| Payments on long-term debt closing fees | 0 | 9,091 |
| Proceeds from exercise of stock options | 954 | 870 |
| Proceeds from employee stock purchase plan | 0 | 443 |
| Net cash (used in) provided by financing activities | 954 | -76,223 |
| Effect of foreign currency translation on cash, cash equivalents and restricted cash | -2,308 | -8,588 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -15,802 | 17,008 |
| Cash and cash equivalents at beginning of period | 36,692 | 19,684 |
| Cash and cash equivalents at end of period | 20,890 | 36,692 |
Spire Global, Inc. (SPIR)
Spire Global, Inc. (SPIR)