Sphere 3D Corp (ANY)

Name: Sphere 3D Corp Financial Statements
Creator: Quarter Results

Technology | Software Application

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$1.9M

Net Income

-$4.1M

Operating Margin

-113.9%

Free Cash Flow

-$23.6M

Debt / Assets

7.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Sphere 3D Corp (ANY).
Income Statement (Quarterly)	2026-03-31	2025-03-31	2024-12-31	2024-09-30
Revenue	1,916,000	2,817,000	2,641,000	2,355,000
Cost of Revenue	2,748,000	2,194,000	2,381,000	2,731,000
Gross Profit	-832,000	623,000	260,000	-376,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	2,451,000	3,169,000	2,975,000	3,032,000
Operating Expenses	1,351,000	5,811,000	8,941,000	4,777,000
Operating Income	-2,183,000	-5,188,000	-8,681,000	-5,153,000
Interest Expense	0	0	0	0
Income Before Tax	-4,105,000	-8,785,000	-7,145,000	176,000
Income Tax Expense	1,000	0	76,000	72,000
Net Income	-4,106,000	-8,785,000	-7,221,000	104,000
Per Share
EPS	-1.18	-0.32	-0.36	0.01
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Sphere 3D Corp (ANY).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	11,181,000	16,608,000	21,906,000	6,077,000	3,720,000
Cost of Revenue	8,554,000	13,378,000	15,944,000	3,417,000	2,022,000
Gross Profit	2,627,000	3,230,000	5,962,000	2,660,000	1,698,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	8,266,000	12,445,000	16,773,000	25,143,000	19,625,000
Operating Expenses	15,144,000	24,641,000	35,961,000	70,080,000	20,596,000
Operating Income	-12,517,000	-21,411,000	-29,999,000	-67,420,000	-19,718,000
Interest Expense	0	0	1,183,000	117,815,000	516,000
Income Before Tax	-21,480,000	-9,320,000	-23,317,000	-192,746,000	-17,304,000
Income Tax Expense	2,000	150,000	13,000	166,000	-15,000
Net Income	-21,482,000	-9,470,000	-23,406,000	-192,912,000	-17,289,000
Per Share
EPS	-73.70	-4.80	-1.93	-20.37	-0.58
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Sphere 3D Corp (ANY).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	3,707,000	5,425,000	586,000	1,337,000
Short Term Investments	3,263,000	7,530,000	0	1,695,000
Net Receivables	0	0	0	3,995,000
Inventory	0	0	0	-5,332,000
Total Current Assets	8,677,000	17,787,000	13,510,000	10,284,000
Property Plant Equipment	14,608,000	21,967,000	24,166,000	34,259,000
Goodwill and Intangibles	0	3,095,000	4,581,000	9,477,000
Total Assets	25,120,000	43,228,000	45,663,000	83,016,000
Liabilities
Account Payables	0	1,167,000	2,374,000	2,993,000
Short Term Debt	0	0	0	0
Total Current Liabilities	1,802,000	3,895,000	5,346,000	6,200,000
Long Term Debt	0	0	0	-102,000
Total Liabilities	1,802,000	3,913,000	9,537,000	48,451,000
Shareholders Equity
Retained Earnings	0	-456,821,000	-447,371,000	-419,732,000
Total Shareholders Equity	23,318,000	39,315,000	40,317,000	34,565,000

Balance sheet annual history for Sphere 3D Corp (ANY).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	3,707,000	5,425,000	586,000	1,337,000	54,355,000
Short Term Investments	3,263,000	7,530,000	0	1,695,000	0
Net Receivables	0	0	0	3,995,000	2,040,000
Inventory	0	0	0	-5,332,000	0
Total Current Assets	8,677,000	17,787,000	13,510,000	10,284,000	78,422,000
Property Plant Equipment	14,608,000	21,967,000	24,166,000	34,259,000	102,238,000
Goodwill and Intangibles	0	3,095,000	4,581,000	9,477,000	63,017,000
Total Assets	25,120,000	43,228,000	45,663,000	83,016,000	275,924,000
Liabilities
Account Payables	0	1,167,000	2,374,000	2,993,000	1,252,000
Short Term Debt	0	0	0	0	0
Total Current Liabilities	1,802,000	3,895,000	5,346,000	6,200,000	5,208,000
Long Term Debt	0	0	0	-102,000	0
Total Liabilities	1,802,000	3,913,000	9,537,000	48,451,000	6,298,000
Shareholders Equity
Retained Earnings	0	-456,821,000	-447,371,000	-419,732,000	-215,195,000
Total Shareholders Equity	23,318,000	39,315,000	40,317,000	34,565,000	269,626,000

Cash flow quarterly history for Sphere 3D Corp (ANY).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-21,482,000	-9,470,000	-23,406,000	-192,912,000
Depreciation & Amortization	6,878,000	7,113,000	6,190,000	28,263,000
Stock Based Compensation	832,000	2,838,000	2,430,000	8,459,000
Change in Working Capital	-410,000	-16,366,000	20,794,000	-17,951,000
Operating Cash Flow	-16,118,000	-4,576,000	13,148,000	-30,771,000
Investing Activities
Capital Expenditure	-7,499,000	-8,944,000	-1,561,000	-17,937,000
Investments	-7,499,000	-8,944,000	-1,561,000	-17,937,000
Investing Cash Flow	9,992,000	4,028,000	2,561,000	-22,041,000
Financing Activities
Debt Repayment	0	0	-506,000	0
Common Stock Issued/Repurchased	4,408,000	5,387,000	3,604,000	0
Dividends Paid	0	0	0	0
Financing Cash Flow	4,408,000	5,387,000	3,064,000	0
Summary
Free Cash Flow	-23,617,000	-13,520,000	11,587,000	-48,708,000
Net Change in Cash	-1,718,000	4,839,000	-957,000	-52,812,000

Cash flow annual history for Sphere 3D Corp (ANY).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-21,482,000	-9,470,000	-23,406,000	-192,912,000	-17,289,000
Depreciation & Amortization	6,878,000	7,113,000	6,190,000	28,263,000	5,685,000
Stock Based Compensation	832,000	2,838,000	2,430,000	8,459,000	366,000
Change in Working Capital	-410,000	-16,366,000	20,794,000	-17,951,000	-15,753,000
Operating Cash Flow	-16,118,000	-4,576,000	13,148,000	-30,771,000	-28,518,000
Investing Activities
Capital Expenditure	-7,499,000	-8,944,000	-1,561,000	-17,937,000	-102,238,000
Investments	-7,499,000	-8,944,000	-1,561,000	-17,937,000	-102,238,000
Investing Cash Flow	9,992,000	4,028,000	2,561,000	-22,041,000	-122,693,000
Financing Activities
Debt Repayment	0	0	-506,000	0	-1,103,000
Common Stock Issued/Repurchased	4,408,000	5,387,000	3,604,000	0	194,572,000
Dividends Paid	0	0	0	0	-227,000
Financing Cash Flow	4,408,000	5,387,000	3,064,000	0	205,105,000
Summary
Free Cash Flow	-23,617,000	-13,520,000	11,587,000	-48,708,000	-130,756,000
Net Change in Cash	-1,718,000	4,839,000	-957,000	-52,812,000	53,894,000