Security
XL.WS · SPRUCE POWER HOLDING CORP
XL.WSNYSEWarrantHistorical · closed Feb 26, 2021CIK 1772720Updated Sep 26, 2026
Name history
XL Fleet Corp. · through Nov 9, 2022Pivotal Investment Corp II · through Dec 22, 2020
Current security for this SEC filerSPRU · NYSE
XL.WS price & chart
Historical security
This listing closed Feb 26, 2021. Live provider charts are shown only for current listings.
Current security: SPRU
In the news
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Recent filings
4 filing
3 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 837,273,000Source | 898,479,000Source | 895,021,000Source | 826,552,000Source |
| Property, Plant and Equipment, NetUSD | 561,388,000Source | 589,014,000Source | 484,406,000Source | 395,826,000Source |
| GoodwillUSD | — | 0Source | 28,757,000Source | 128,548,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,830,000Source | 8,957,000Source | 10,196,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 54,842,000Source | 72,802,000Source | 141,354,000Source | 220,321,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 15,748,000Source | 15,010,000Source | 9,188,000Source | 8,336,000Source |
| Assets, CurrentUSD | 115,873,000Source | 136,430,000Source | 203,341,000Source | 274,956,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 3,189,000Source | 6,014,000Source | 9,879,000Source | 5,316,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,208,000Source | 4,750,000Source | 5,933,000Source | 2,686,000Source |
| Other Assets, NoncurrentUSD | 269,000Source | 255,000Source | 257,000Source | 383,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 716,021,000Source | 752,327,000Source | 680,352,000Source | 537,576,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | — | — | 14,000Source |
| Additional Paid in CapitalUSD | 481,327,000Source | 478,366,000Source | 475,654,000Source | 473,277,000Source |
| Retained Earnings (Accumulated Deficit)USD | -354,404,000Source | -328,377,000Source | -257,888,000Source | -193,342,000Source |
| Liabilities and EquityUSD | 837,273,000Source | 898,479,000Source | 895,021,000Source | 826,552,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 238,762,000Source | 59,569,000Source | 71,712,000Source | 59,697,000Source |
| Operating Lease, Liability, CurrentUSD | 945,000Source | 892,000Source | 1,166,000Source | 781,000Source |
| Accounts Payable, CurrentUSD | 1,916,000Source | 987,000Source | 1,120,000Source | 2,904,000Source |
| Operating Lease, Liability, NoncurrentUSD | 4,181,000Source | 4,848,000Source | 5,731,000Source | 2,365,000Source |
| Other Liabilities, NoncurrentUSD | 3,865,000Source | 3,540,000Source | 3,047,000Source | 10,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 2,422,000Source | 2,438,000Source | 2,325,000Source | 8,942,000Source |
| Additional Financial Items | ||||
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 213,826,000Source | 28,310,000Source | 27,914,000Source | 25,314,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 462,942,000Source | 677,021,000Source | 590,866,000Source | 474,441,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | 0Source | 0Source | 85,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -25,707,000Source | -70,053,000Source | -66,610,000Source | -92,791,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,961,000Source | 2,712,000Source | 2,885,000Source | 9,996,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 2,040,000Source | 3,490,000Source | -85,000Source | -553,000Source |
| Increase (Decrease) in InventoriesUSD | 1,155,000Source | 1,263,000Source | 828,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | 929,000Source | -133,000Source | -1,784,000Source | -1,696,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,530,000Source | -41,811,000Source | -33,661,000Source | — |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 5,334,000Source | 132,763,000Source | 43,097,000Source | 32,585,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 24,780,000Source | -101,412,000Source | -16,735,000Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 221,000Source | 354,000Source | 499,000Source | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -37,253,000Source | 79,430,000Source | -16,807,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 93,145,000Source | 109,148,000Source | 172,941,000Source | 240,144,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | 12,367,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 328,000Source | 236,000Source | 300,000Source | — |
| Share-based Payment Arrangement, ExpenseUSD | 3,000,000Source | 2,700,000Source | 2,900,000Source | 10,000,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | 20,000Source |
| Amortization of Intangible AssetsUSD | — | 1,200,000Source | 1,800,000Source | — |
| Asset Retirement Obligation, Accretion ExpenseUSD | 328,000Source | 236,000Source | — | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | 0Source | 17,000Source | 239,000Source | — |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | — | — | 3,083,000Source | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -12,684,000Source | -2,753,000Source | -4,816,000Source | 5,554,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | 580,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | 1,855,000Source | 2,504,000Source | 4,724,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 1,855,000Source | 2,504,000Source | 4,724,000Source | 580,000Source |
| Gain (Loss) on Termination of LeaseUSD | — | — | 100,000Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | -1,711,000Source | -7,384,000Source | -27,465,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 4,527,000Source |
| GoodwillUSD | — | 0Source | 28,757,000Source | 128,548,000Source |
| Goodwill, Impairment LossUSD | 0Source | 28,757,000Source | 0Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -25,643,000Source | -70,078,000Source | -62,487,000Source | -52,679,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -64,000Source | 25,000Source | -4,123,000Source | -40,112,000Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| InterestExpenseNonoperatingUSD | 50,918,000Source | 40,232,000Source | — | — |
| Investment Income, InterestUSD | 20,718,000Source | 22,758,000Source | 19,534,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -26,027,000Source | -70,489,000Source | -65,831,000Source | -93,931,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 320,000Source | 436,000Source | -779,000Source | 1,140,000Source |
| Operating ExpensesUSD | — | — | — | 83,067,000Source |
| Payments of Financing CostsUSD | 0Source | 3,374,000Source | 391,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 150,000Source | — |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 239,842,000Source | 21,396,000Source | — |
| Proceeds from Stock Options ExercisedUSD | 100,000Source | 0Source | 900,000Source | 630,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 111,812,000Source | 82,107,000Source | 79,859,000Source | 23,194,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 55,113,000Source | 58,889,000Source | 56,122,000Source | 73,118,000Source |
| Operating Income (Loss)USD | 17,940,000Source | -50,393,000Source | -36,817,000Source | -59,873,000Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 320,000Source | 436,000Source | -779,000Source | 1,140,000Source |
| Net Income (Loss) Attributable to ParentUSD | -26,027,000Source | -70,489,000Source | -65,831,000Source | -93,931,000Source |
| Earnings Per Share, BasicUSD per share | -1.44Source | -3.82Source | -3.58Source | -0.66Source |
| Earnings Per Share, DilutedUSD per share | -1.44Source | -3.82Source | -3.58Source | -0.66Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 18,068,059Source | 18,470,926Source | 18,391,436Source | 142,692,003Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 18,068,059Source | 18,470,926Source | 18,391,436Source | 142,692,003Source |
| Interest Expense (non-operating)USD | 50,918,000Source | 40,232,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 1,200,000Source | 1,800,000Source | — |
| Costs and ExpensesUSD | 93,872,000Source | 132,500,000Source | 116,676,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 30,191,000Source | 21,284,000Source | 21,586,000Source | 6,422,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -12,684,000Source | -2,753,000Source | -4,816,000Source | 5,554,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | -1,711,000Source | -7,384,000Source | -27,465,000Source | — |
| Goodwill, Impairment LossUSD | 0Source | 28,757,000Source | 0Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -25,643,000Source | -70,078,000Source | -62,487,000Source | -52,679,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -1.42Source | -3.79Source | -3.4Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -1.42Source | -3.79Source | -3.4Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -64,000Source | 25,000Source | -4,123,000Source | -40,112,000Source |
| Interest ExpenseUSD | — | — | 41,936,000Source | — |
| Interest Income (Expense), NetUSD | — | — | — | -10,062,000Source |
| Investment Income, InterestUSD | 20,718,000Source | 22,758,000Source | 19,534,000Source | — |
| Operating ExpensesUSD | — | — | — | 83,067,000Source |
| Other IncomeUSD | -699,000Source | 525,000Source | 1,309,000Source | 912,000Source |