SPRUCE POWER HOLDING CORP
For the period ended Sep 30, 2025. Filed Nov 13, 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, 2025 · Filed Nov 13, 2025
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Item 3. Quantitative and Qualitative Disclosures About Market Risk
Notes to Unaudited Condensed Consolidated Financial Statements
Note 13. Net Loss Per Share
The following is a reconciliation of the numerator and denominator used to calculate basic and diluted earnings per share for the three and nine months ended September 30, 2025 and 2024:
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (Amounts in thousands, except share and per share data) | 2025 | 2024 | 2025 | 2024 |
| Numerator: | ||||
| Net loss attributable to stockholders | $(860) | $(53,529) | $(19,164) | $(64,561) |
| Denominator: | ||||
| Weighted average shares outstanding, basic and diluted | 17,999,083 | 18,566,015 | 18,033,935 | 18,438,375 |
| Net loss attributable to stockholders per share, basic and diluted | $(0.05) | $(2.88) | $(1.06) | $(3.50) |
For the periods presented, potentially dilutive outstanding securities, which include stock options, restricted stock units and warrants, have been excluded from the computation of diluted net loss per share as their effect would be anti-dilutive for each period presented. As such, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share are the same for each period presented.
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