SPRU · XBRL financial data

Spruce Power Holding financial statements, every fiscal year

The same tables from 10 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (SPRU's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	20,338	15,600	23,194	—	—	—
Revenue from contracts with customers	—	—	23,194	79,859	82,107	111,812
Cost of revenue	17,594	16,296	9,949	37,813	—	—
Gross profit	2,744	(696)	—	—	—	—
Research and development	4,445	10,775	—	—	—	—
Selling, general and administrative	13,593	47,435	73,118	56,122	58,889	55,113
Total operating expenses	—	35,094	83,067	—	—	—
Operating income (loss)	(15,294)	(58,906)	(59,873)	(36,817)	(50,393)	17,940
Interest income	—	—	1,339	19,534	22,758	20,718
Interest expense	94	37	11,401	41,936	40,232	50,918
Income tax expense (benefit)	—	—	—	—	—	0
Net income (loss)	(60,606)	28,790	(93,931)	(65,831)	(70,489)	(26,027)
Earnings per share, basic‡ USD per share	(5.76)	1.68	(5.28)	(3.58)	(3.82)	(1.44)
Earnings per share, diluted‡ USD per share	(5.76)	1.52	(5.28)	(3.58)	(3.82)	(1.44)
Weighted average shares, basic‡ thousands of shares	10,571	17,307	17,837	18,391	18,471	18,068
Weighted average shares, diluted‡ thousands of shares	10,571	18,564	17,837	18,391	18,471	18,068

‡ Per-share figures and share counts are adjusted for the 1-for-8 stock split (June 2023); filings made before it reported them unadjusted.

Fiscal years (SPRU's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	329,641	351,676	220,321	141,354	72,802	54,842
Accounts receivable	10,559	6,477	8,336	9,188	15,010	15,748
Inventory	3,574	15,262	—	—	—	—
Prepaid and other current assets	1,396	1,040	5,316	9,879	6,014	3,189
Total current assets	345,320	374,605	274,956	203,341	136,430	115,873
Property and equipment, net	579	3,495	395,826	484,406	589,014	561,388
Right-of-use asset	—	4,564	2,686	5,933	4,750	4,208
Goodwill	489	8,606	128,548	28,757	0	—
Total assets	347,013	393,221	826,552	895,021	898,479	837,273
Accounts payable	4,372	3,799	2,904	1,120	987	1,916
Current portion of long-term debt	—	—	25,314	27,914	28,310	213,826
Total current liabilities	9,083	16,633	59,697	71,712	59,569	238,762
Long-term debt	98	21	474,441	590,866	677,021	462,942
Lease liability, non-current	—	3,599	2,365	5,731	4,848	4,181
Total liabilities	158,117	31,411	537,576	680,352	752,327	716,021
Accumulated deficit	(128,201)	(99,411)	(193,342)	(257,888)	(328,377)	(354,404)
Total stockholders' equity	188,896	361,810	—	—	143,714	118,830
Total liabilities and equity	347,013	393,221	826,552	895,021	898,479	837,273
Common shares outstanding (cover page)‡ thousands of shares	17,388	17,676	18,491	18,298	18,078	18,169

‡ Per-share figures and share counts are adjusted for the 1-for-8 stock split (June 2023); filings made before it reported them unadjusted.

Fiscal years (SPRU's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(60,606)	28,790	(93,931)	(65,831)	(70,489)	(26,027)
Stock-based compensation	978	7,880	9,996	2,885	2,712	2,961
Net cash from operating activities	(19,881)	(48,494)	(63,489)	(33,661)	(41,811)	(3,530)
Purchases of property and equipment	145	3,641	0	499	354	221
Net cash from investing activities	(145)	(14,829)	(29,006)	(16,735)	(101,412)	24,780
Proceeds from issuing common stock	144,891	—	0	150	0	—
Proceeds from long-term debt	—	—	0	21,396	239,842	0
Net cash from financing activities	346,281	85,358	(19,187)	(16,807)	79,430	(37,253)

SIC 4911 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 4911 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (4911) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Spruce Power Holding	44,660	30,347	(3,228)*	19.3M	13.8 quarters	Q2 FY26 10-QJun 30, 2026
Ocean Power Technologies	7,356	300	(10,240)	9.0M	0.7 quarters	Q1 FY27 10-QJul 31, 2026
Bimergen Energy	9,377	7,903	469*	7.1M	—	Q2 FY26 10-QJun 30, 2026
Plum Acquisition Corp. IVadded: same SIC	289	not reported	(280)*	not reported	1.0 quarters	Q2 FY26 10-QJun 30, 2026
ONE Nuclear Energyadded: same SIC	259	not reported	(175)*	not reported	1.5 quarters	Q2 FY26 10-QJun 30, 2026
Hadron Energyadded: same SIC	22,217	not reported	(4,199)*	71.5M	5.3 quarters	Q2 FY26 10-QJun 30, 2026
Hallador Energyadded: same SIC	28,979	101,505	(23,890)*	47.1M	1.2 quarters	Q2 FY26 10-QJun 30, 2026
Nano Nuclear Energyadded: same SIC	298,472	214	(9,410)*	53.7M	61.6 quarters	Q3 FY26 10-QJun 30, 2026
XPLR Infrastructureadded: same SIC	505,000	332,000	179,000*	94.3M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.