For the quarter ending 2025-09-30, SPRU has $857,057K in assets. $729,721K in debts. $53,645K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 53,645 | 53,511 | ||
| Restricted cash | 45,124 | 36,946 | ||
| Accounts receivable, net of allowance for credit losses of 0.8 million and 0.8 million as of september30, 2025 and december31, 2024, respectively | 18,085 | 19,449 | ||
| Interest rate swap assets, current | 4,390 | 4,997 | ||
| Prepaid expenses and other current assets | 4,190 | 4,397 | ||
| Total current assets | 125,434 | 119,300 | ||
| Investment related to semth master lease agreement | 134,705 | 136,900 | ||
| Property and equipment, net | 569,281 | 577,625 | ||
| Interest rate swap assets, non-current | 10,376 | 11,297 | ||
| Intangible assets, net | 8,112 | 8,394 | ||
| Deferred rent assets | 4,479 | 4,229 | ||
| Right-of-use assets, net | 4,415 | 4,618 | ||
| Other assets | 255 | 268 | ||
| Total assets | 857,057 | 862,631 | ||
| Accounts payable | 1,459 | 952 | ||
| Accrued expenses and other current liabilities | 24,928 | 20,584 | ||
| Non-recourse debt, current | 218,480 | 215,624 | ||
| Deferred revenue, current | 1,165 | 1,192 | ||
| Lease liability, current | 936 | 911 | ||
| Interest rate swap liabilities, current | 104 | 188 | ||
| Current liabilities of discontinued operations | 21 | 34 | ||
| Total current liabilities | 247,093 | 239,485 | ||
| Non-recourse debt, non-current | 466,764 | 479,424 | ||
| Deferred revenue, non-current | 3,704 | 3,279 | ||
| Lease liability, non-current | 4,415 | 4,659 | ||
| Unfavorable solar renewable energy agreements, net | 1,618 | 2,456 | ||
| Interest rate swap liabilities, non-current | 2,313 | 2,183 | ||
| Other long-term liabilities | 3,783 | 3,701 | ||
| Long-term liabilities of discontinued operations | 31 | 34 | ||
| Total liabilities | 729,721 | 735,221 | ||
| Common stock, 0.0001 par value 350,000,000 shares authorized at september30, 2025 and december31, 2024 20,036,082 and 18,165,255 shares issued and outstanding at september30, 2025, respectively, and 19,403,262 and 18,311,054 shares issued and outstanding at december31, 2024, respectively | 2 | 2 | ||
| Additional paid-in capital | 480,488 | 479,761 | ||
| Accumulated deficit | -347,541 | -346,681 | ||
| Treasury stock at cost, 1,870,827 shares and 1,092,208 at september30, 2025 and december31, 2024, respectively | 8,095 | 8,095 | ||
| Total stockholders equity | 124,854 | 124,987 | ||
| Noncontrolling interests | 2,482 | 2,423 | ||
| Total equity | 127,336 | 127,410 | ||
| Total liabilities, stockholders equity and noncontrolling interests | 857,057 | 862,631 | ||
SPRUCE POWER HOLDING CORP (SPRU)
SPRUCE POWER HOLDING CORP (SPRU)