ANY
Sphere 3D Corp.
$2.09
-0.11 (-5.00%)
At close · Jul 10
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Management has projected that based on our recurring losses, negative cash flows from operating activities, and our hashing rate at March 31, 2026, cash on hand may not be sufficient to allow the Company to continue operations and there is substantial doubt about our ability to continue as a going concern within 12 months from the date of issuance of our financial statements if we are unable to raise additional funding for operations.”View the 10-Q filed May 15, 2026
Market Cap
$8.87M
Shares
4,243,822
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$11.18M
-32.7%
FY2025
Net Income
-$21.48M
-126.8%
FY2025
Gross Margin
27.22%
-16.6pp
FY2023
Operating Margin
-196.75%
-67.8pp
FY2025
Diluted EPS
-$7.37
-54.2%
FY2025
Operating Cash Flow
-$16.12M
-252.2%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $10.28M | $11.18M | $16.61M | $21.91M | $6.08M | $3.72M | $4.85M | $5.58M | $9.03M | $12.6M | $76.39M | $76.17M | $13.47M | |
| $7.96M | $8.55M | $13.38M | — | — | $2.02M | $2.6M | $3.73M | $7.35M | $53.14M | $50.43M | $48.83M | $7.54M | |
| — | — | — | $5.96M | $2.66M | $1.7M | $2.25M | $1.85M | $1.68M | $3.15M | $22.34M | $22.62M | $5.34M | |
| — | — | — | 27.22% | 43.77% | 45.65% | 46.39% | 33.23% | 18.59% | 24.96% | 29.24% | 29.7% | 39.62% | |
| — | — | $0 | $1.03M | $605K | $971K | $1.2M | $2.05M | $3.43M | $5.87M | $8.79M | $9.92M | $655K | |
| — | — | $0 | $948K | $1.01M | $1.32M | $1.26M | $1.83M | $3.38M | $3.4M | $22.24M | $23.57M | $5.15M | |
| $7.55M | $8.27M | $12.45M | $15.83M | $24.13M | $12.93M | $5.47M | $3.93M | $7.5M | $9.65M | $20.73M | $23.27M | $11.57M | |
| $1.5M | $1.5M | $1.5M | $1.9M | $26.6M | $5.7M | $1M | $1M | $1.7M | $3.3M | $5.1M | $6.1M | $3.1M | |
| $6.42M | $6.88M | $7.11M | $6.19M | $28.26M | $5.69M | $971K | $1.03M | $3.86M | $6.09M | $6.19M | $7.45M | $3.45M | |
| — | — | $38.02M | $51.91M | $163.73M | $23.44M | $8.21M | $7.88M | $14.3M | $21.22M | $86.16M | $67.46M | $17.38M | |
| $31.22M | $33.18M | $38.02M | — | — | — | — | — | — | — | — | — | — | |
| -$20.94M | -$22M | -$21.41M | -$30M | -$157.65M | -$19.72M | -$5.97M | -$6.02M | -$12.62M | -$18.07M | -$63.82M | -$44.84M | -$12.04M | |
| — | -196.75% | -128.92% | -136.94% | -2594.26% | -530.05% | -123.04% | -107.98% | -139.76% | -143.43% | -83.55% | -58.87% | -89.38% | |
| -$14.52M | -$15.12M | -$14.3M | -$23.81M | -$129.39M | -$14.03M | -$4.99M | -$4.99M | -$8.76M | -$11.98M | -$57.64M | -$37.39M | -$8.59M | |
| $0 | — | $1M | $1M | — | — | — | $22K | $0 | $3.39M | $1.98M | $355K | $240K | |
| — | — | — | $1.06M | $2.58M | $2.93M | $918K | $2.1M | $10K | $1.8M | $1.28M | -$689K | -$194K | |
| — | $438K | $8.98M | $0 | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | -$5.78M | -$4.28M | -$12.69M | -$16.27M | -$67.64M | -$48.59M | -$12.68M | |
| $3000 | $2000 | $150K | $13K | $166K | -$15K | $4000 | $0 | $0 | -$852K | $825K | -$1.37M | $42K | |
| -$16.8M | -$21.48M | -$9.47M | -$23.33M | -$192.8M | -$17.29M | -$5.78M | -$4.28M | -$26.21M | -$26.18M | -$68.46M | -$47.23M | -$12.72M | |
| — | -192.13% | -57.02% | -106.5% | -3172.63% | -464.76% | -119.2% | -76.73% | -290.23% | -207.83% | -89.62% | -62.01% | -94.45% | |
| — | — | $0 | $76K | -$111K | $0 | — | — | — | — | — | — | — | |
| — | — | -$9.47M | -$23.41M | -$192.8M | -$17.82M | -$5.78M | -$4.28M | — | — | — | — | — | |
| -$16.79M | -$21.47M | -$9.48M | -$23.34M | -$192.92M | -$17.29M | -$5.8M | -$4.23M | -$26.04M | -$26.6M | -$68.89M | -$46.94M | -$14.01M | |
| USD/shares | — | -$7.37 | -$4.78 | -$19.30 | -$203.60 | -$40.60 | — | — | — | — | — | — | — |
| USD/shares | — | -$7.37 | -$4.78 | -$19.30 | -$203.60 | -$40.60 | — | — | — | — | — | — | — |
| shares | — | 2.91M | 1.98M | 1.21M | 947.06K | 440.89K | 84.07K | 38.46K | 23.7K | 8888.6143 | 28.41K | 542.24K | 344.73K |
| shares | — | 2.91M | 1.98M | 1.21M | 947.06K | 440.89K | 84.07K | 38.46K | — | — | — | — | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Capital Markets median 10.42×
EV/EBIT
—
P/E (TTM)
—
Capital Markets median 18.52×
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2023-12-31 | 2022-12-31 |
|---|---|---|
| Digital Mining | $19,730,000 | $3,443,000 |
| Product and Service | $2,176,000 | $2,634,000 |
By Geography (USD)
| Component | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|
| Americas | $3,720,000 | $4,844,000 | $5,023,000 |
| Asia Pacific | $0 | $0 | $356,000 |
| EMEA | $0 | $4,000 | $200,000 |
By Product & Service (USD)
| Component | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|
| Digital Mining | $16,608,000 | $19,730,000 | $3,443,000 | $0 | — | — |
| Product and Service | $0 | $2,176,000 | $2,634,000 | $3,720,000 | — | — |
| Product | — | — | — | — | $2,347,000 | $3,086,000 |
| Service | — | — | — | — | $2,501,000 | $2,493,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2023-12-31 | 2022-12-31 |
|---|---|---|
| Product and Service | -$995,000 | -$1,026,000 |
| Digital Mining | -$12,139,000 | -$135,048,000 |
Operating Margin by Segment (%)
| Component | 2023-12-31 | 2022-12-31 |
|---|---|---|
| Digital Mining | -61.5% | -3922.4% |
| Product and Service | -45.7% | -39% |