SPRUCE POWER HOLDING CORP

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $351.7m $220.3m $141.4m $72.8m $54.8m
Prepaid Expense and Other Assets, Current $73k $1.4m $1.0m $5.3m $9.9m $6.0m $3.2m
Inventory, Net $3.6m $15.3m
Assets, Current $742k $345.3m $374.6m $275.0m $203.3m $136.4m $115.9m
Property, Plant and Equipment, Net $840k $579k $3.5m $395.8m $484.4m $589.0m $561.4m
Goodwill $489k $8.6m $128.5m $28.8m $0
Intangible Assets, Net (Excluding Goodwill) $10.2m $9.0m $7.8m
Operating Lease, Right-of-Use Asset $4.6m $2.7m $5.9m $4.8m $4.2m
Other Assets, Noncurrent $32k $88k $383k $257k $255k $269k
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $1.2m $10.6m $6.5m $8.3m $9.2m $15.0m $15.7m
Assets $232.7m $347.0m $393.2m $826.6m $895.0m $898.5m $837.3m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $900k $781k $1.2m $892k $945k
Accounts Payable, Current $549k $4.4m $3.8m $2.9m $1.1m $987k $1.9m
Long-term Debt, Current Maturities $25.3m $27.9m $28.3m $213.8m
Operating Lease, Liability, Noncurrent $3.6m $2.4m $5.7m $4.8m $4.2m
Long-term Debt, Excluding Current Maturities $98k $21k $474.4m $590.9m $677.0m $462.9m
Deferred Revenue, Noncurrent $691k $452k $1.9m $2.8m $3.8m
Liabilities, Current $214k $9.1m $16.6m $59.7m $71.7m $59.6m $238.8m
Other Liabilities, Noncurrent $10k $3.0m $3.5m $3.9m
Deferred Tax Liabilities, Net $2k
Liabilities $8.3m $158.1m $31.4m $537.6m $680.4m $752.3m $716.0m
Redeemable Noncontrolling Interest, Equity, Carrying Amount $85k $0 $0
Stockholders’ equity:
Common Stock, Value, Issued $13k $14k $14k $2k $2k $2k
Additional Paid in Capital $3.8m $317.1m $461.2m $473.3m $475.7m $478.4m $481.3m
Retained Earnings (Accumulated Deficit) $1.2m ($128.2m) ($99.4m) ($193.3m) ($257.9m) ($328.4m) ($354.4m)
Stockholders' Equity Attributable to Parent $5.0m $188.9m $361.8m
Stockholders' Equity Attributable to Noncontrolling Interest $8.9m $2.3m $2.4m $2.4m
Liabilities and Equity $232.7m $347.0m $393.2m $826.6m $895.0m $898.5m $837.3m