{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-065620","form_type":"8-K","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.180530+00:00","generated_at":"2026-06-11T18:36:16.587380+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Spruce Power Q2 record net income $3.1M; revenue $22.8M; 72k+ solar assets","bullets":["Q2 revenue $22.8M vs Q1 $18.1M; net income $3.1M vs Q1 loss $19.4M.","Adjusted EBITDA plus lease proceeds $13.8M; business cash inflows annual run rate $110-130M.","Executed LOI to acquire 2,400 home solar assets, expected close Q3 2023; total assets >75,000.","Board approved 1:8 reverse stock split to comply with NYSE; shareholder vote in October.","Repurchased 1.9M shares at $0.87 avg in Q2; $46.8M remaining under $50M buyback program."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-065620","json":"https://secwatch.observer/filing/0001213900-23-065620.json","markdown":"https://secwatch.observer/filing/0001213900-23-065620.md","text":"https://secwatch.observer/filing/0001213900-23-065620.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000121390023065620/0001213900-23-065620-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000121390023065620/ea183295-8k_sprucepower.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T18:36:16.587380+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"398762c9f58d40f5e1f54b62580c076de8e76c45","claim":"SPRUCE POWER HOLDING CORP reported the second quarter ended June 30, 2023 results: revenue $22.8 million, net income $3.1 million. Guidance initiated.","evidence_excerpt":"Reported 2Q revenue of $22.8 million, net income attributable to stockholders of $3.1 million, and adjusted EBITDA, together with proceeds from investment in lease agreement, of $13.8 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1772720/000121390023065620/0001213900-23-065620-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$22.8 million"},{"label":"Net income","value":"$3.1 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}