Home / Going-concern warnings / SPRUCE POWER HOLDING CORP
Filed 2025-11-13 路 Form 10-Q 路 Accession 0001628280-25-051737 micro
Price before filing: $4.72 (2025-11-12 close, split/dividend-adjusted)
Market cap at flag: $93.1M (2025-11-13) 路 Latest: $26.8M (2026-10-16)
| Window | SPRU | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +7.6% | -0.4% | +8.0% | 2025-12-15 |
| 90 days | -12.7% | +1.6% | -14.3% | 2026-02-11 |
| 180 days | -34.1% | +8.6% | -42.7% | 2026-05-12 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"Because (i) the SP1 Maturity Date is within twelve months from the date these unaudited condensed consolidated financial statements are issued, (ii) the Company has not yet entered into a commitment to refinance the SP1 Facility although the maturity date is in April 2026, (iii) the Company has determined that it is unlikely to have sufficient cash on hand or proceeds from currently available liquidity sources to..."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-09-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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