Spire Global, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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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.
Mar 31, 2026 · Filed May 14, 2026
SPIR$9.35-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net loss | $(25,843) | $(23,515) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 3,018 | 4,413 |
| Stock-based compensation | 3,963 | 4,905 |
| Amortization of operating lease right-of-use assets | 799 | 746 |
| Change in fair value of warrant liabilities | 120 | (5,837) |
| Change in fair value of contingent earnout liability | — | (1,038) |
| Loss on decommissioned satellites and disposal of assets | 909 | 5,160 |
| Other, net | (521) | 1,629 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (2,916) | 2,584 |
| Contract assets | (258) | (1,619) |
| Other current assets | 66 | (188) |
| Other long-term assets | 103 | 451 |
| Accounts payable | 1,203 | (3,819) |
| Contract liabilities | (628) | 1,958 |
| Other accrued expenses | (4,885) | 6,328 |
| Operating lease liabilities | (1,341) | (579) |
| Other long-term liabilities | — | (8) |
| Net cash used in operating activities | (26,211) | (8,429) |
| Cash flows from investing activities | ||
| Maturities of short-term investments | 23,972 | — |
| Purchase of property and equipment | (7,972) | (8,901) |
| Net cash provided by (used in) investing activities | 16,000 | (8,901) |
| Cash flows from financing activities | ||
| Proceeds from Securities Purchase Agreements, net | — | 37,297 |
| Proceeds from exercise of stock options | 21 | 640 |
| Net cash provided by financing activities | 21 | 37,937 |
| Effect of foreign currency translation on cash, cash equivalents and restricted cash | 1,412 | (3,828) |
| Net (decrease) increase in cash, cash equivalents and restricted cash | (8,778) | 16,779 |
| Cash, cash equivalents and restricted cash | ||
| Beginning balance | 25,392 | 19,684 |
| Ending balance | $16,614 | $36,463 |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $— | $3,862 |
| Income taxes paid | $1,219 | $— |
| Non-cash operating, investing and financing activities | ||
| Property and equipment purchased but not yet paid | $4,041 | $964 |
| Right-of-use assets obtained in exchange for lease liabilities | $1,194 | $378 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.