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SPRUCE POWER HOLDING CORP (SPRU)

SPRUCE POWER HOLDING CORP (SPRU)

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Cash Flow Overview

Free Cash flow
-$3,228K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Depreciation and amortization ex...
    • Other segment items, net
    • Proceeds from investment related...
    • Others
Negative Cash Flow Breakdown
    • Interest expense, net
    • Repayments of non-recourse debt
    • Cost of revenues-Solar Energy Sy...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Revenues
30,347
23,420
24,028
30,727
Cost of revenues-Solar Energy Systems Depreciation
7,252
7,272
7,073
7,490
Cost of revenues-Operations And Maintenance
2,509
1,169
1,884
1,847
Selling, general and administrative expenses-Professional Services
1,766
2,114
3,124
3,305
Selling, general and administrative expenses-Compensation And Benefits
5,988
6,114
6,482
6,890
Selling, general and administrative expenses-Other
3,525
3,352
3,366
2,747
Litigation settlements
-
-
2,785
-1,775
Impairment of goodwill
-
-
0
0
Interest expense, net
12,867
12,287
12,616
12,815
Other segment items, net
-7,033
-6,033
-4,342
-4,026
Total expenses
26,874
-80,404
-
106,679
Net income (loss)
3,473
-2,855
-6,812
-714
Add back net loss (income) from discontinued operations
-
-
-9
-37
Stock-based compensation, net
163
1,013
839
727
Bad debt expense
161
435
254
39
Amortization of deferred revenue
97
85
84
78
Depreciation and amortization expense
7,696
7,509
7,334
9,250
Amortization related to unfavorable solar renewable energy agreements
306
93
748
2,245
Impairment of goodwill
-
-
0
0
Accretion expense
88
86
85
82
Change in fair value of interest rate swaps
1,899
800
-746
-1,573
Change in fair value of warrant liabilities
-
-
0
-
Interest income related to semth master lease agreement
4,342
4,344
4,521
4,522
Gain on disposal of assets
468
449
786
409
Change in operating right-of-use assets and lease liability
-59
-20
-18
-17
Amortization of debt discount and deferred financing costs
2,110
1,580
1,614
1,642
Accounts receivable, net
7,074
3,492
-2,589
-1,323
Deferred rent assets
633
91
393
250
Prepaid expenses and other current assets
-181
-298
-1,001
-207
Other assets
0
5
13
-14
Accounts payable
274
-781
457
507
Accrued expenses and other current liabilities
-3,168
-745
-5,090
3,650
Other long-term liabilities
57
-5
0
0
Deferred revenue
615
147
256
476
Net cash used in continuing operating activities
-
-
-3,281
11,292
Net cash used in discontinued operating activities
-
-
-21
-53
Net cash used in operating activities
-3,228
-2,697
-
-
Proceeds from sale of solar energy systems
1,454
1,442
1,546
1,503
Proceeds from investment related to semth master lease agreement
-5,545
-3,892
-6,847
-7,415
Cash paid for acquisitions
0
0
514
276
Purchases of other property and equipment
0
0
1
36
Net cash provided by continuing investing activities
-
-
-
8,606
Net cash provided by discontinued investing activities
-
-
-
0
Net cash provided by investing activities
6,999
5,334
24,780
-
Proceeds from issuance of non-recourse debt
135
-
0
0
Payment of deferred financing costs
0
1,908
0
0
Repayments of non-recourse debt
7,932
8,178
10,089
11,446
Share repurchases
0
0
0
0
Capital distributions to noncontrolling interests
56
71
111
87
Net cash provided by (used in) continuing financing activities
-
-
-10,200
-11,533
Net cash provided by discontinued financing activities
-
-
0
0
Net cash used in financing activities
-7,853
-10,157
-
-
Net change in cash and cash equivalents and restricted cash
-4,082
-7,520
-5,624
8,312
Cash and cash equivalents and restricted cash, beginning of period
85,625
93,145
98,769
109,148
Cash and cash equivalents and restricted cash, end of period
81,543
85,625
93,145
98,769
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from investmentrelated to semth master...-$5,545K (47.01%↑ Y/Y)Proceeds from sale ofsolar energy systems$1,454K (-43.20%↓ Y/Y)Net cash provided byinvesting activities$6,999K Revenues$30,347K (-46.81%↓ Y/Y)Net change in cashand cash...-$4,082K (78.16%↑ Y/Y)Canceled cashflow$6,999K Proceeds from issuance ofnon-recourse debt$135K Depreciation andamortization expense$7,696K (-43.44%↓ Y/Y)Net income (loss)$3,473K (119.10%↑ Y/Y)Amortization of debt discountand deferred...$2,110K (-35.67%↓ Y/Y)Deferred revenue$615K (-4.21%↓ Y/Y)Accounts payable$274K (882.86%↑ Y/Y)Prepaid expenses andother current assets-$181K (88.81%↑ Y/Y)Stock-based compensation,net$163K (-88.32%↓ Y/Y)Bad debt expense$161K (-84.03%↓ Y/Y)Accretion expense$88K (-45.34%↓ Y/Y)Other long-termliabilities$57K Canceled cashflow$26,874K Other segment items,net-$7,033K (-827.84%↓ Y/Y)Net cash used infinancing activities-$7,853K Canceled cashflow$135K Net cash used inoperating activities-$3,228K Canceled cashflow$14,818K Total expenses$26,874K Canceled cashflow$7,033K Repayments of non-recoursedebt$7,932K (-41.52%↓ Y/Y)Capital distributionsto noncontrolling...$56K (-59.42%↓ Y/Y)Accounts receivable, net$7,074K (18.85%↑ Y/Y)Interest income relatedto semth master...$4,342K (-51.98%↓ Y/Y)Accrued expenses andother current...-$3,168K (64.49%↑ Y/Y)Change in fair value ofinterest rate swaps$1,899K (118.32%↑ Y/Y)Deferred rent assets$633K (23.63%↑ Y/Y)Gain on disposal ofassets$468K (-29.09%↓ Y/Y)Amortization related tounfavorable solar renewable...$306K Amortization of deferredrevenue$97K (-37.42%↓ Y/Y)Change in operatingright-of-use assets and lease...-$59K (-59.46%↓ Y/Y)Interest expense, net$12,867K (-49.52%↓ Y/Y)Cost ofrevenues-Solar Energy Systems...$7,252K (-50.25%↓ Y/Y)Selling, general andadministrative...$5,988K (-56.66%↓ Y/Y)Selling, general andadministrative expenses-Other$3,525K (-41.92%↓ Y/Y)Cost ofrevenues-Operations And Maintenance$2,509K (-58.41%↓ Y/Y)Selling, general andadministrative...$1,766K (-81.04%↓ Y/Y)