{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-034941","form_type":"8-K","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2026-05-14T17:07:46+00:00","discovered_at":"2026-05-14T17:09:00.435055+00:00","generated_at":"2026-05-14T17:09:13.476560+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Spruce Power Q1 2026: Operating income $3.8M vs ($1.7M) loss YoY, cash $85.6M","bullets":["Revenue $23.4M flat YoY; net loss narrowed to $2.9M ($0.16/sh) from $15.3M ($0.84/sh).","Operating EBITDA up 49% YoY; O&M expense down 70%, SG&A down 21% YoY.","Adjusted cash flow from operations of $2.6M vs ($3.2M) prior year; debt paid down $8.2M.","Ended quarter with $85.6M cash ($4.71/sh); $42.0M remaining under buyback authorization.","Portfolio PV6 value $840M; 84k home solar assets with ~10-year average contract life."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-034941","json":"https://secwatch.observer/filing/0001628280-26-034941.json","markdown":"https://secwatch.observer/filing/0001628280-26-034941.md","text":"https://secwatch.observer/filing/0001628280-26-034941.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000162828026034941/0001628280-26-034941-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000162828026034941/spru-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T17:09:13.476560+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":"8baf0a0d5a5a16ada655f45ed63b79364b410d86","claim":"SPRUCE POWER HOLDING CORP reported first quarter ended March 31, 2026 results: revenue $23.4 million, net income $2.9 million net loss, EPS $0.16 per share.","evidence_excerpt":"Revenues totaled $23.4 million for the first quarter of 2026 , compared with $23.8 million for the first quarter of 2025. Revenues for the first quarter are in line with prior year revenues, representing stable asset performance. Total operating expenses were $19.6 million for the first quarter of 2026, compared to $25.5 million for the first quarter of 2025. The year-over-year decline in operating expense is attributed primarily to a decrease in operations and maintenance costs and ongoing cost management efforts implemented in the third quarter 2025. Core Operating Expenses, which includes both SG&A expenses and O&M expenses was $12.7 million in the aggregate for the first quarter of 2026, down from $18.6 million in the year-earlier period. This includes $11.6 million of SG&A expenses and O&M expenses of $1.2 million in the first quarter of 2026, down from SG&A expense of $14.7 million and O&M expense of $3.9 million for the first quarter of 2025. The decreases in both total operatin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1772720/000162828026034941/0001628280-26-034941-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$23.4 million"},{"label":"Net income","value":"$2.9 million net loss"},{"label":"EPS","value":"$0.16 per share"},{"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"}