{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-038691","form_type":"8-K","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.378898+00:00","generated_at":"2026-06-08T05:19:19.818715+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Spruce Power Q3 revenue record $23.3M; net loss $19.3M; settles legacy XL Fleet matters","bullets":["Record quarterly revenue of $23.3M; net loss attributable to stockholders of $19.3M.","Adjusted EBITDA plus lease proceeds was $14.9M; adjusted net loss $1.2M.","Portfolio grew to over 75,000 home solar assets (+49% YoY) after acquiring 2,400 contracts.","Accrued $11M SEC settlement and $19.5M class-action settlement; both related to XL Fleet Corp.","Repurchased 0.5M shares at avg $7.04; cash of $192.7M; FY business cash inflow guidance $120-130M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-038691","json":"https://secwatch.observer/filing/0001628280-23-038691.json","markdown":"https://secwatch.observer/filing/0001628280-23-038691.md","text":"https://secwatch.observer/filing/0001628280-23-038691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000162828023038691/0001628280-23-038691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000162828023038691/spru-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:19:19.818715+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":"31d97d98401f32a416307849e8d7ef6f900c9eb8","claim":"SPRUCE POWER HOLDING CORP reported third quarter ended September 30, 2023 results: revenue $23.3 million, net income Net loss attributable to stockholders was $19.3 million for the third quarter of 2023. Guidance reaffirmed.","evidence_excerpt":"assets across the United States, today reported financial results for the quarter ended September 30, 2023. Business Highlights • Third quarter revenue reaches a record level of $23.3 million. • By acquiring over 2,400 customer contracts in the third quarter, Spruce has grown its home solar assets and contracts to over 75,000, representing growth of 49%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1772720/000162828023038691/0001628280-23-038691-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$23.3 million"},{"label":"Net income","value":"Net loss attributable to stockholders was $19.3 million for the third quarter of 2023"},{"label":"Guidance","value":"reaffirmed"},{"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"}