Spruce Biosciences, Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 0, using the latest reported figures. The previous period, 2024, was about USD 4.9M.

Watchlist

Latest quarter

Revenue

0 USD

2025 Q4 · USD

Exact inputs and evidence

Operating cash flow

-6.46 million USD

2025 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: -33327000 USD Source
  • Operating Cash Flow: -26871000 USD Source
Cash and cash equivalents
96.3 million USD Source
Exact value

96295000 USD

Long-term debt including current maturities
19.9 million USD Source
Exact value

19944000 USD

Shares outstanding
2.75 million shares Source
Exact value

2752810 shares

Reported share-count change

388.92% · 2.19 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 563042 shares · 2025-06-30· Source
  • 2752810 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

0 USD

2025-01-01 – 2025-12-31

Exact inputs and evidence
  • Revenue: 0 USD · 2025-01-01 – 2025-03-31 Source
  • Revenue: 0 USD · 2025-04-01 – 2025-06-30 Source
  • Revenue: 0 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 0 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 0 USD · 2025-01-01 – 2025-09-30 Source

Net income

-51.4 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -8212000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -38966000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -24320000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -12266000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -16229000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-42.6 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -26871000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -21555000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -33327000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -26871000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -8732000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -30852000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -8732000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-12.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2025-12-31
  • Operating income: 7 of 11 periods available· newest 2025-12-31
  • Net income: 7 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2024-12-31
  • Total assets: 4 of 11 periods available· newest 2025-12-31
  • Total liabilities: 4 of 11 periods available· newest 2025-12-31
  • Current assets: 4 of 11 periods available· newest 2025-12-31
  • Current liabilities: 4 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2024-12-31
  • Shares outstanding: 4 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -100%

    Prior period

    USD 4.9 million

    –

    Current period

    USD 0

    –

    Exact inputs and evidence

    0 − 4900000 = -4900000 USD

    4900000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    0 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +USD 14.07 million

    Prior period

    −USD 53.04 million

    –

    Current period

    −USD 38.97 million

    –

    Exact inputs and evidence

    -38966000 − -53036000 = 14070000 USD

    -53036000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -38966000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +USD 22.64 million

    Prior period

    −USD 55.96 million

    –

    Current period

    −USD 33.33 million

    –

    Exact inputs and evidence

    -33327000 − -55964000 = 22637000 USD

    -55964000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -33327000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 0
  • Operating costs Derived USD 36.51 million
  • Operating income −USD 36.51 million
  • Tax, interest and other Derived USD 2.45 million
  • Net income −USD 38.97 million

Cash

  • Operating cash flow −USD 33.33 million
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Operating loss: operating costs were 615% of revenue.
  • 2024 Operating loss: operating costs were 1,246% of revenue.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2022 2022-01-01 – 2022-12-310 47283000 Derived -47283000 -1103000 Derived -46180000 -41691000 Derived
Source
2023 2023-01-01 – 2023-12-3110100000 62093000 Derived -51993000 -4074000 Derived -47919000 -33282000 Derived
Source
2024 2024-01-01 – 2024-12-314900000 61051000 Derived -56151000 -3115000 Derived -53036000 -55964000 Derived
Source
2025 2025-01-01 – 2025-12-310 36513000 Derived -36513000 2453000 Derived -38966000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 0 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.9M8.2M5.5M2.7M0.02022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Revenue0
2023Revenue10100000
2024Revenue4900000
2025Revenue0

Revenue growth

Change in revenue from the same financial period one year earlier.

-100% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8%-21%-50%-79%-108%2022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2022Year over yearNo prior comparable period
2023Year over yearNo prior comparable period
2024Year over year-51.5%
2025Year over year-100%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -1,145.9% 2024
Net margin -1,082.4% 2024
Free cash flow margin -1,142.1% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.92%-241%-573%-905%-1,238%2022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2022Operating marginNot reported
2023Operating margin-514.8%
2024Operating margin-1,145.9%
2025Operating marginNot reported
2022Net marginNot reported
2023Net margin-474.4%
2024Net margin-1,082.4%
2025Net marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow margin-329.5%
2024Free cash flow margin-1,142.1%
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -33.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.5M-11.8M-28.0M-44.2M-60.4M2022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Operating cash flow-41683000
2023Operating cash flow-33275000
2024Operating cash flow-55964000
2025Operating cash flow-33327000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -56M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.5M-11.8M-28.0M-44.2M-60.4M2022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Free cash flow-41691000
2023Free cash flow-33282000
2024Free cash flow-55964000
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

19.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.39.1%29.4%19.6%9.8%0.0%2022202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2022Liabilities / assets20%
2023Liabilities / assets26.4%
2024Liabilities / assets36.2%
2025Liabilities / assets19.8%

Current assets to current liabilities

Current assets divided by current liabilities.

5.17× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.25×5.44×3.63×1.81×0.00×2022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2022Current assets / current liabilities6.72×
2023Current assets / current liabilities4.18×
2024Current assets / current liabilities2.9×
2025Current assets / current liabilities5.17×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
−USD 13.09 million
Exact value

Exact value: -13088000 USD

2019-01-01 – 2019-12-31: -13088000 USD Inspect Net Income Open source
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−USD 12.62 million
Exact value

Exact value: -12617000 USD

2019-01-01 – 2019-12-31: -12617000 USD Inspect Operating Cash Flow Open source
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USD 4,000
Exact value

Exact value: 4000 USD

2019-01-01 – 2019-12-31: 4000 USD Inspect Capital Expenditure Open source
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−USD 12.62 million
Calculation and evidence

-12617000 − 4000 USD

Exact free cash flow: -12621000 USD

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2020 2020-01-01 – 2020-12-31
−USD 29.54 million
Exact value

Exact value: -29539000 USD

2020-01-01 – 2020-12-31: -29539000 USD Inspect Net Income Open source
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−USD 27.52 million
Exact value

Exact value: -27519000 USD

2020-01-01 – 2020-12-31: -27519000 USD Inspect Operating Cash Flow Open source
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USD 74,000
Exact value

Exact value: 74000 USD

2020-01-01 – 2020-12-31: 74000 USD Inspect Capital Expenditure Open source
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−USD 27.59 million
Calculation and evidence

-27519000 − 74000 USD

Exact free cash flow: -27593000 USD

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2021 2021-01-01 – 2021-12-31
−USD 42.29 million
Exact value

Exact value: -42292000 USD

2021-01-01 – 2021-12-31: -42292000 USD Inspect Net Income Open source
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−USD 35.88 million
Exact value

Exact value: -35877000 USD

2021-01-01 – 2021-12-31: -35877000 USD Inspect Operating Cash Flow Open source
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USD 93,000
Exact value

Exact value: 93000 USD

2021-01-01 – 2021-12-31: 93000 USD Inspect Capital Expenditure Open source
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−USD 35.97 million
Calculation and evidence

-35877000 − 93000 USD

Exact free cash flow: -35970000 USD

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2022 2022-01-01 – 2022-12-31
−USD 46.18 million
Exact value

Exact value: -46180000 USD

2022-01-01 – 2022-12-31: -46180000 USD Inspect Net Income Open source
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−USD 41.68 million
Exact value

Exact value: -41683000 USD

2022-01-01 – 2022-12-31: -41683000 USD Inspect Operating Cash Flow Open source
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USD 8,000
Exact value

Exact value: 8000 USD

2022-01-01 – 2022-12-31: 8000 USD Inspect Capital Expenditure Open source
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−USD 41.69 million
Calculation and evidence

-41683000 − 8000 USD

Exact free cash flow: -41691000 USD

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2023 2023-01-01 – 2023-12-31
−USD 47.92 million
Exact value

Exact value: -47919000 USD

2023-01-01 – 2023-12-31: -47919000 USD Inspect Net Income Open source
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−USD 33.28 million
Exact value

Exact value: -33275000 USD

2023-01-01 – 2023-12-31: -33275000 USD Inspect Operating Cash Flow Open source
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USD 7,000
Exact value

Exact value: 7000 USD

2023-01-01 – 2023-12-31: 7000 USD Inspect Capital Expenditure Open source
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−USD 33.28 million
Calculation and evidence

-33275000 − 7000 USD

Exact free cash flow: -33282000 USD

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2024 2024-01-01 – 2024-12-31
−USD 53.04 million
Exact value

Exact value: -53036000 USD

2024-01-01 – 2024-12-31: -53036000 USD Inspect Net Income Open source
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−USD 55.96 million
Exact value

Exact value: -55964000 USD

2024-01-01 – 2024-12-31: -55964000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2024-01-01 – 2024-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 55.96 million
Calculation and evidence

-55964000 − 0 USD

Exact free cash flow: -55964000 USD

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2025 2025-01-01 – 2025-12-31
−USD 38.97 million
Exact value

Exact value: -38966000 USD

2025-01-01 – 2025-12-31: -38966000 USD Inspect Net Income Open source
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−USD 33.33 million
Exact value

Exact value: -33327000 USD

2025-01-01 – 2025-12-31: -33327000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

31 filings · 1,605 latest values · 1,605 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001683553, 1683553, SPRB, SPRBD, edgar:1683553

Also known as SPRUCE BIOSCIENCES, INC., Spruce Biosciences, Inc.