Spire Global Inc
For the period ended Sep 30, 2024. Filed Mar 3, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Mar 3, 2025
SPIR$9.46+9.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $29,061 | $29,136 |
| Marketable securities | 7,574 | 11,726 |
| Accounts receivable, net (including allowance of $251 and $586 as of September 30, 2024 and December 31, 2023, respectively) | 9,163 | 9,911 |
| Contract assets | 4,148 | 4,718 |
| Other current assets | 8,255 | 16,848 |
| Total current assets | 58,201 | 72,339 |
| Property and equipment, net | 68,335 | 60,446 |
| Operating lease right-of-use assets | 12,267 | 14,921 |
| Goodwill | 50,126 | 51,155 |
| Customer relationships | 17,538 | 19,363 |
| Other intangible assets | 11,215 | 12,660 |
| Other long-term assets, including restricted cash | 6,509 | 8,380 |
| Total assets | $224,191 | $239,264 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $10,794 | $8,012 |
| Accrued wages and benefits | 2,562 | 1,829 |
| Long-term debt, current portion | 92,225 | — |
| Contract liabilities, current portion | 27,214 | 31,178 |
| Other accrued expenses | 11,004 | 8,326 |
| Total current liabilities | 143,799 | 49,345 |
| Long-term debt | 4,910 | 114,113 |
| Contract liabilities, non-current | 22,566 | 17,923 |
| Contingent earnout liability | 937 | 220 |
| Deferred income tax liabilities | 830 | 804 |
| Warrant liability | 9,495 | 5,988 |
| Operating lease liabilities, net of current portion | 10,808 | 13,079 |
| Other long-term liabilities | 8 | 8 |
| Total liabilities | 193,353 | 201,480 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value, 1,000,000,000 Class A and 15,000,000 Class B shares authorized, 25,098,385 Class A and 1,507,325 Class B shares issued and outstanding at September 30, 2024; 21,097,351 Class A and 1,507,325 Class B shares issued and outstanding at December 31, 2023 | 3 | 2 |
| Additional paid-in capital | 529,526 | 477,624 |
| Accumulated other comprehensive loss | (8,829) | (4,556) |
| Accumulated deficit | (489,862) | (435,286) |
| Total stockholders’ equity | 30,838 | 37,784 |
| Total liabilities and stockholders’ equity | $224,191 | $239,264 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.