The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 23,420 | 24,028 | 30,727 | - |
| Cost of revenues-Solar Energy Systems Depreciation | 7,272 | 7,073 | 7,490 | - |
| Cost of revenues-Operations And Maintenance | 1,169 | 1,884 | 1,847 | - |
| Selling, general and administrative expenses-Professional Services | 2,114 | 3,124 | 3,305 | - |
| Selling, general and administrative expenses-Compensation And Benefits | 6,114 | 6,482 | 6,890 | - |
| Selling, general and administrative expenses-Other | 3,352 | 3,366 | 2,747 | - |
| Litigation settlements | - | 2,785 | -1,775 | - |
| Impairment of goodwill | - | 0 | 0 | - |
| Interest expense, net | 12,287 | 12,616 | 12,815 | - |
| Other segment items, net | -6,033 | -4,342 | -4,026 | - |
| Total expenses | -80,404 | - | 106,679 | - |
| Net loss | -2,855 | -6,812 | -714 | -18,181 |
| Add back net loss (income) from discontinued operations | - | -9 | -37 | -18 |
| Stock-based compensation, net | 1,013 | 839 | 727 | 1,395 |
| Bad debt expense | 435 | 254 | 39 | 1,008 |
| Amortization of deferred revenue | 85 | 84 | 78 | 155 |
| Depreciation and amortization expense | 7,509 | 7,334 | 9,250 | 13,607 |
| Amortization related to unfavorable solar renewable energy agreements | 93 | 748 | 2,245 | - |
| Impairment of goodwill | - | 0 | 0 | - |
| Accretion expense | 86 | 85 | 82 | 161 |
| Change in fair value of interest rate swaps | 800 | -746 | -1,573 | -10,365 |
| Change in fair value of warrant liabilities | - | 0 | - | - |
| Interest income related to semth master lease agreement | 4,344 | 4,521 | 4,522 | 9,042 |
| Gain on disposal of assets | 449 | 786 | 409 | 660 |
| Change in operating right-of-use assets and lease liability | -20 | -18 | -17 | -37 |
| Amortization of debt discount and deferred financing costs | 1,580 | 1,614 | 1,642 | 3,280 |
| Accounts receivable, net | 3,492 | -2,589 | -1,323 | 5,952 |
| Deferred rent assets | 91 | 393 | 250 | 512 |
| Prepaid expenses and other current assets | -298 | -1,001 | -207 | -1,617 |
| Other assets | 5 | 13 | -14 | 14 |
| Accounts payable | -781 | 457 | 507 | -35 |
| Accrued expenses and other current liabilities | -745 | -5,090 | 3,650 | -8,921 |
| Other long-term liabilities | -5 | 0 | 0 | 0 |
| Deferred revenue | 147 | 256 | 476 | 642 |
| Net cash provided by (used in) continuing financing activities | - | -10,200 | -11,533 | -15,520 |
| Net cash used in continuing operating activities | - | -3,281 | 11,292 | -11,416 |
| Net cash used in discontinued operating activities | - | -21 | -53 | -51 |
| Net cash used in operating activities | -2,697 | - | - | - |
| Proceeds from sale of solar energy systems | 1,442 | 1,546 | 1,503 | 2,560 |
| Proceeds from investment related to semth master lease agreement | -3,892 | -6,847 | -7,415 | -10,464 |
| Cash paid for acquisitions | 0 | 514 | 276 | 4,544 |
| Purchases of other property and equipment | 0 | 1 | 36 | 184 |
| Net cash provided by continuing investing activities | - | - | 8,606 | 8,296 |
| Net cash provided by discontinued investing activities | - | - | 0 | 0 |
| Net cash provided by investing activities | 5,334 | 24,780 | - | - |
| Proceeds from issuance of non-recourse debt | - | 0 | 0 | 0 |
| Payment of deferred financing costs | 1,908 | 0 | 0 | 0 |
| Repayments of non-recourse debt | 8,178 | 10,089 | 11,446 | 13,564 |
| Share repurchases | 0 | 0 | 0 | 1,818 |
| Capital distributions to noncontrolling interests | 71 | 111 | 87 | 138 |
| Net cash provided by discontinued financing activities | - | 0 | 0 | 0 |
| Net cash used in financing activities | -10,157 | - | - | - |
| Net change in cash and cash equivalents and restricted cash | -7,520 | -5,624 | 8,312 | -18,691 |
| Cash and cash equivalents and restricted cash, beginning of period | 93,145 | 98,769 | 109,148 | - |
| Cash and cash equivalents and restricted cash, end of period | 85,625 | 93,145 | 98,769 | - |
SPRUCE POWER HOLDING CORP (SPRU)
SPRUCE POWER HOLDING CORP (SPRU)