For the quarter ending 2026-03-31, SPIR had -$8,778K decrease in cash & cash equivalents over the period. -$34,183K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -25,843 | -25,094 | -19,676 | 96,075 |
| Depreciation and amortization | 3,018 | 2,911 | 2,557 | 6,937 |
| Stock-based compensation | 3,963 | 3,745 | 3,830 | 11,127 |
| Amortization of operating lease right-of-use assets | 799 | 777 | 788 | 1,519 |
| Change in fair value of warrant liabilities | 120 | -95 | -51 | -3,047 |
| Change in fair value of contingent earnout liability | - | 27 | 617 | 811 |
| Issuance of stock warrants | - | 0 | 0 | 0 |
| Loss on decommissioned satellites and disposal of assets | - | 3,011 | 0 | 6,270 |
| Loss on extinguishment of debt | - | 0 | 0 | -12,008 |
| Gain on sale of a business | - | 0 | 0 | 154,305 |
| Change in fair value of contingent earnout liability | 0 | - | - | - |
| Transaction costs on sale of a business | - | 0 | 0 | -23,744 |
| Loss on decommissioned satellites and other assets write-offs | 909 | - | - | - |
| Other, net | 521 | -532 | 666 | -2,483 |
| Accounts receivable, net | 2,916 | -1,600 | -1,718 | -5,597 |
| Contract assets | 258 | -2,129 | 1,690 | 1,285 |
| Other current assets | -66 | -495 | 1,662 | 1,769 |
| Other long-term assets | -103 | -111 | -2,209 | 959 |
| Accounts payable | 1,203 | 4,683 | 1,855 | -4,931 |
| Accrued wages and benefits | - | - | -189 | 2,693 |
| Contract liabilities | -628 | -332 | 734 | 2,497 |
| Other accrued expenses | -4,885 | 4,290 | -577 | 1,404 |
| Operating lease liabilities | -1,341 | -509 | -611 | -1,255 |
| Other long-term liabilities | 0 | 0 | 0 | -8 |
| Net cash used in operating activities | -26,211 | -4,277 | -12,048 | -43,504 |
| Purchases of short-term investments | - | 22,749 | 16,612 | 81,118 |
| Maturities of short-term investments | 23,972 | 42,900 | 22,600 | 0 |
| Purchase of property and equipment | 7,972 | 11,881 | 8,388 | 12,507 |
| Proceeds from sale of a business, net of cash | - | 0 | 0 | 238,948 |
| Net cash provided by (used in) investing activities | 16,000 | 8,270 | -2,400 | 145,323 |
| Proceeds from securities purchase agreements, net | 0 | 0 | 0 | 37,297 |
| Payments on long-term debt | - | 0 | 0 | 105,742 |
| Payments on long-term debt closing fees | - | 0 | 0 | 9,091 |
| Proceeds from exercise of stock options | 21 | 3 | 954 | 870 |
| Proceeds from employee stock purchase plan | - | 364 | 0 | 443 |
| Net cash provided by financing activities | 21 | 367 | 954 | -76,223 |
| Effect of foreign currency translation on cash, cash equivalents and restricted cash | 1,412 | 142 | -2,308 | -8,588 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -8,778 | 4,502 | -15,802 | 17,008 |
| Beginning balance | 25,392 | -1,206 | -17,008 | 19,684 |
| Ending balance | 16,614 | 4,502 | -15,802 | 36,692 |
Spire Global, Inc. (SPIR)
Spire Global, Inc. (SPIR)