Spruce Biosciences, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:35:02Z
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -55.96M | -33.28M | -41.69M | -35.97M | -27.59M |
| EBITDA | -36.49M | -56.10M | -51.92M | -47.21M | -42.00M | -29.38M |
| Working Capital | 42.03M | 28.96M | 77.72M | 71.16M | 83.02M | 150.63M |
| Net Debt | -48.17M | -35.89M | -91.36M | -17.45M | -36.22M | -150.77M |
| Operating Margin | — | -1143.37% | -515.34% | — | — | — |
| Net Margin | — | -1079.94% | -474.96% | — | — | — |
| Return on Equity (ROE) | -91.65% | -184.02% | -62.63% | -67.43% | -37.97% | -19.77% |
| Return on Assets (ROA) | -73.49% | -117.31% | -46.10% | -53.92% | -33.44% | -18.14% |
| Current Ratio | 5.17× | 2.90× | 4.18× | 6.72× | 10.36× | 16.43× |
| Debt-to-Equity | 0.02× | 0.10× | 0.07× | 0.10× | 0.06× | 0.04× |
| Cash Conversion Ratio | 0.86× | 1.06× | 0.69× | 0.90× | 0.85× | 0.93× |
| Accruals Ratio | -0.11× | 0.06× | -0.14× | -0.05× | -0.05× | -0.01× |
| SBC % of Revenue | — | 108.90% | 45.81% | — | — | — |
| CapEx Coverage | — | — | -4753.57× | -5210.38× | -385.77× | -371.88× |
| Free Cash Flow Per Share | — | $-101.73 | $-0.86 | $-1.77 | $-1.54 | $-4.61 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 0 | 4.91M | 10.09M | 0 | — | — |
| Research and Development Expense | 19.52M | 46.42M | 49.43M | 35.20M | 30.70M | 23.85M |
| Operating Expenses | 36.51M | 61.06M | 62.08M | 47.28M | 42.07M | 29.42M |
| Operating Income (Loss) | -36.51M | -56.15M | -51.99M | -47.28M | -42.07M | -29.42M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -38.97M | -53.04M | -47.92M | -46.18M | -42.29M | -29.54M |
| Earnings Per Share, Basic | $-50.83 | $-96.40 | $-1.24 | $-1.96 | $-1.81 | — |
| Weighted Average Number of Shares Outstanding, Basic | 766,598 | 550,146 | 38.51M | 23.53M | 23.36M | — |
| Earnings Per Share, Diluted | $-50.83 | $-96.40 | $-1.24 | $-1.96 | $-1.81 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 766,598 | 550,146 | 38.51M | 23.53M | 23.36M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 48.91M | 38.75M | 96.34M | 24.49M | 42.75M | 157.15M |
| Assets, Current | 52.11M | 44.21M | 102.18M | 83.61M | 91.89M | 160.40M |
| Assets | 53.02M | 45.21M | 103.95M | 85.65M | 126.49M | 162.88M |
| Long-term Debt | — | 1.84M | 3.71M | 5.64M | 4.88M | 4.48M |
| Liabilities, Current | 10.09M | 15.25M | 24.46M | 12.45M | 8.87M | 9.76M |
| Long-term Debt, Excluding Current Maturities | 0 | 124.00K | 1.72M | 3.29M | 4.88M | 1.92M |
| Liabilities | 10.51M | 16.39M | 27.44M | 17.16M | 15.12M | 13.46M |
| Stockholders' Equity Attributable to Parent | 42.52M | 28.82M | 76.51M | 68.49M | 111.37M | 149.43M |
| Common Stock, Shares, Outstanding | 1.37M | 563,042 | 41.03M | 23.60M | 23.49M | 23.26M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -33.33M | -55.96M | -33.27M | -41.68M | -35.88M | -27.52M |
| Payments to Acquire Property, Plant, and Equipment | — | 0 | 7.00K | 8.00K | 93.00K | 74.00K |
| Net Cash Provided by (Used in) Investing Activities | — | 0 | 55.78M | 23.69M | -79.17M | -74.00K |
| Net Cash Provided by (Used in) Financing Activities | 43.48M | -1.62M | 49.14M | -241.00K | 643.00K | 181.03M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -8.74M | — | — | — | -12.73M | -20.68M |
| EBITDA | -11.73M | -11.10M | — | — | -14.49M | -24.07M |
| Working Capital | 43.25M | 42.03M | 5.09M | 12.89M | 14.91M | 28.96M |
| Net Debt | -33.34M | -48.17M | -9.62M | -14.84M | -23.55M | -35.89M |
| Operating Margin | — | — | — | — | — | -3453.95% |
| Net Margin | — | — | — | — | — | -3380.06% |
| Return on Equity (ROE) | -35.40% | -34.45% | -152.47% | -15.68% | -91.63% | -81.74% |
| Return on Assets (ROA) | -21.84% | -27.62% | -53.63% | -9.47% | -44.36% | -52.11% |
| Current Ratio | 4.67× | 5.17× | 1.54× | 2.60× | 1.95× | 2.90× |
| Debt-to-Equity | 0.60× | 0.02× | 0.19× | 0.12× | 0.13× | 0.10× |
| Cash Conversion Ratio | 0.71× | 0.44× | 3.27× | 10.43× | 0.91× | 0.88× |
| Accruals Ratio | -0.06× | -0.15× | 1.22× | 0.89× | -0.04× | -0.06× |
| SBC % of Revenue | — | — | — | — | — | 137.88% |
| CapEx Coverage | -873.20× | — | — | — | — | — |
| Free Cash Flow Per Share | $-6.37 | — | — | — | $-21.71 | $-37.58 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | — | 0 | 0 | 0 | 0 | 697.00K |
| Research and Development Expense | 7.58M | 4.10M | 5.01M | -430.00K | 10.84M | 21.46M |
| Operating Expenses | 11.99M | 11.10M | 8.23M | 2.69M | 14.49M | 24.77M |
| Operating Income (Loss) | -11.99M | -11.10M | -8.23M | -2.69M | -14.49M | -24.07M |
| Net Income (Loss) Attributable to Parent | -12.27M | -14.65M | -8.21M | -2.07M | -14.04M | -23.56M |
| Earnings Per Share, Basic | $-8.94 | $-9.58 | $-14.58 | $-3.50 | $-23.95 | $-42.72 |
| Weighted Average Number of Shares Outstanding, Basic | 1.37M | 766,598 | 563,066 | 591,137 | 586,142 | 550,146 |
| Earnings Per Share, Diluted | $-8.94 | $-9.58 | $-14.58 | $-3.50 | $-23.95 | $-42.72 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.37M | 766,598 | 563,066 | 591,137 | 586,142 | 550,146 |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 54.08M | 48.91M | 10.67M | 16.39M | 25.61M | 38.75M |
| Assets, Current | 55.03M | 52.11M | 14.52M | 20.95M | 30.58M | 44.21M |
| Assets | 56.17M | 53.02M | 15.31M | 21.82M | 31.65M | 45.21M |
| Long-term Debt | 20.41M | — | 549.00K | 972.00K | 1.40M | 1.84M |
| Liabilities, Current | 11.78M | 10.09M | 9.43M | 8.06M | 15.67M | 15.25M |
| Long-term Debt, Excluding Current Maturities | 5.46M | 0 | 0 | 0 | 0 | 124.00K |
| Liabilities | 21.52M | 10.51M | 9.93M | 8.64M | 16.32M | 16.39M |
| Stockholders' Equity Attributable to Parent | 34.65M | 42.52M | 5.39M | 13.18M | 15.32M | 28.82M |
| Common Stock, Shares, Outstanding | 1.37M | 1.37M | 563,491 | 563,042 | 42.23M | 563,042 |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.73M | -6.46M | -26.87M | -21.55M | -12.73M | -20.68M |
| Payments to Acquire Property, Plant, and Equipment | 10.00K | — | — | — | 0 | 0 |
| Net Cash Provided by (Used in) Investing Activities | -10.00K | — | — | — | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 13.92M | 44.69M | -1.21M | -811.00K | -411.00K | -625.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SPRB CIK 0001683553),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
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description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.