The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Revenues | 30,727 | - |
| Cost of revenues-Solar Energy Systems Depreciation | 7,490 | - |
| Cost of revenues-Operations And Maintenance | 1,847 | - |
| Selling, general and administrative expenses-Professional Services | 3,305 | - |
| Selling, general and administrative expenses-Compensation And Benefits | 6,890 | - |
| Selling, general and administrative expenses-Other | 2,747 | - |
| Litigation settlements | -1,775 | - |
| Impairment of goodwill | 0 | - |
| Interest expense, net | 12,815 | - |
| Other segment items, net | -4,026 | - |
| Total expenses | 106,679 | - |
| Net loss | -714 | -18,181 |
| Add back net loss (income) from discontinued operations | -37 | -18 |
| Stock-based compensation, net | 727 | 1,395 |
| Bad debt expense | 39 | 1,008 |
| Amortization of deferred revenue | 78 | 155 |
| Depreciation and amortization expense | 9,250 | 13,607 |
| Amortization related to unfavorable solar renewable energy agreements | 2,245 | - |
| Impairment of goodwill | 0 | - |
| Accretion expense | 82 | 161 |
| Change in fair value of interest rate swaps | -1,573 | -10,365 |
| Interest income related to semth master lease agreement | 4,522 | 9,042 |
| Gain on disposal of assets | 409 | 660 |
| Change in operating right-of-use assets and lease liability | -17 | -37 |
| Amortization of debt discount and deferred financing costs | 1,642 | 3,280 |
| Accounts receivable, net | -1,323 | 5,952 |
| Deferred rent assets | 250 | 512 |
| Prepaid expenses and other current assets | -207 | -1,617 |
| Other assets | -14 | 14 |
| Accounts payable | 507 | -35 |
| Accrued expenses and other current liabilities | 3,650 | -8,921 |
| Other long-term liabilities | 0 | 0 |
| Deferred revenue | 476 | 642 |
| Net cash used in continuing operating activities | 11,292 | -11,416 |
| Net cash used in discontinued operating activities | -53 | -51 |
| Proceeds from sale of solar energy systems | 1,503 | 2,560 |
| Proceeds from investment related to semth master lease agreement | -7,415 | -10,464 |
| Cash paid for acquisitions | 276 | 4,544 |
| Purchases of other property and equipment | 36 | 184 |
| Net cash provided by continuing investing activities | 8,606 | 8,296 |
| Net cash provided by discontinued investing activities | 0 | 0 |
| Proceeds from issuance of non-recourse debt | 0 | 0 |
| Payment of deferred financing costs | 0 | 0 |
| Repayments of non-recourse debt | 11,446 | 13,564 |
| Share repurchases | 0 | 1,818 |
| Capital distributions to noncontrolling interests | 87 | 138 |
| Net cash used in continuing financing activities | -11,533 | -15,520 |
| Net cash provided by discontinued financing activities | 0 | 0 |
| Net change in cash and cash equivalents and restricted cash | 8,312 | -18,691 |
| Cash and cash equivalents at beginning of period | 109,148 | - |
| Cash and cash equivalents at end of period | 98,769 | - |
SPRUCE POWER HOLDING CORP (SPRU)
SPRUCE POWER HOLDING CORP (SPRU)