{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-025583","form_type":"8-K","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.660258+00:00","generated_at":"2026-05-21T09:28:43.878910+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 Q1 2025: Revenue $23.8M (+30% YoY), EBITDA $12.3M, net loss $15.3M","bullets":["Revenue $23.8M (+30% YoY) driven by Nov 2024 NJR acquisition; Operating EBITDA $12.3M (+15% YoY).","Net loss attributable to stockholders $15.3M; total cash $96.5M; non-recourse debt $723.8M at 6.0% blended rate.","Repurchased 0.3M shares at $2.70 avg; $43.0M remains under $50M buyback program.","Spruce PRO signed ADT as first third-party client; servicing 60,000 third-party solar systems as of March 31.","Portfolio of ~85,000 home solar assets; gross portfolio value $901M (PV6); combined generation 121k MWh in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-025583","json":"https://secwatch.observer/filing/0001628280-25-025583.json","markdown":"https://secwatch.observer/filing/0001628280-25-025583.md","text":"https://secwatch.observer/filing/0001628280-25-025583.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000162828025025583/0001628280-25-025583-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000162828025025583/spru-20250514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T09:28:43.878910+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}