secwatch.observer — SEC 8-K summary
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Issuer:     SPRUCE POWER HOLDING CORP (SPRU)
CIK:        0001772720
Form:       8-K/A
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001628280-25-025996
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spruce Power corrects Q1 2025 results: revenue $23.8M, net loss $15.3M
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- Revenue $23.8M (+30% YoY); Operating EBITDA $12.3M (+15% YoY).
- Net loss attributable to stockholders $15.3M; total operating expenses $25.5M.
- Core operating expenses (SG&A $14.1M + O&M $3.9M) = $18.0M, up from $16.6M Q1 2024.
- Total cash $96.5M; total debt $723.8M (non-recourse, 6.0% blended rate).
- Repurchased 0.3M shares at $2.70 avg price for $0.8M; $43M remaining in buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772720/000162828025025996/0001628280-25-025996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772720/000162828025025996/spru-20250514.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-025996

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer