---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-120996"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:26:39.105169+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Spire Global posts record $40M Q3 bookings; restates revenue recognition for Space Services contracts

## Summary
- Record Q3 contract bookings of $40.0M; cash and marketable securities ended Q3 at $36.6M (from $45.8M start).
- Made $10.0M debt prepayment to Blue Torch; Q3 10-Q filing delayed, expects waiver discussions.
- Restating revenue: Space Services contracts now recognize revenue over data provision period, not pre-space milestones. No cash impact.
- Research & development contracts: revenue recognition changed to percentage-of-completion; costs reclassified to cost of revenue.
- NYSE cure period ends Feb 19, 2025; company expects to file restated statements and Q2/Q3 10-Qs by then.

## SEC filing metadata
- accession: 0000950170-24-120996
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017024120996/0000950170-24-120996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017024120996/spir-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-120996
- JSON: https://secwatch.observer/filing/0000950170-24-120996.json
- Plain text: https://secwatch.observer/filing/0000950170-24-120996.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.