Spruce Biosciences, Inc. SPRB

FY2025 · ended Dec 31, 2025 · Revenue $0, -100.0% YoY · Filed Mar 9, 2026

Spruce Biosciences, Inc. (SPRB) files with the SEC under industry code 2834, Pharmaceutical Preparations. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $0 and a net loss of $39.0 million. As of Jun 30, 2026 it held $96.3 million in cash and investments and $20.2 million in total debt.

Revenue
$0
-100.0% vs prior year
Net income
$-38.97M
+26.5% vs prior year
Operating cash flow (TTM)
$-42.62M
+17.2% vs year-ago TTM
Free cash flow
$-55.96M
-68.2% vs prior year
EPS
$-50.83
+47.3% vs prior year
Dividend per share
None
Shares outstanding
1.37M
-96.8% vs prior year
Net cash
$76.11M
as of Jun 30, 2026
Operating margin
-1143.4%
FY 2024

Company profile

Industry
Pharmaceutical Preparations (SIC 2834)
Listed as
SPRB (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
South San Francisco, CA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1683553

Other Pharmaceutical Preparations companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$0
$4.9M
$10.1M
—
—
Operating income
-$36.5M
-$56.2M
-$52.0M
-$47.3M
-$42.1M
Net income
-$39.0M
-$53.0M
-$47.9M
-$46.2M
-$42.3M
Diluted EPS
-$50.83
-$96.40
-$1.24
-$1.96
—
Operating cash flow
-$33.3M
-$56.0M
-$33.3M
-$41.7M
-$35.9M
Free cash flow
—
-$56.0M
-$33.3M
-$41.7M
-$36.0M
Total assets
$53.0M
$45.2M
$103.9M
$85.6M
$126.5M
Total liabilities
$10.5M
$16.4M
$27.4M
$17.2M
$15.1M
Stockholders' equity
$42.5M
$28.8M
$76.5M
$68.5M
$111.4M
Cash and investments
$48.9M
$38.8M
$96.3M
$79.1M
$121.4M
Total debt
$736,000
$2.9M
$5.0M
$7.0M
$6.5M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
10-Q Quarterly report Aug 12, 2026 Jun 30, 2026
8-K Current report
Results of operations
Aug 12, 2026 Aug 12, 2026
8-K Current report
Officer or director change
Jul 27, 2026 Jul 27, 2026
8-K Current report
Shareholder vote results
May 26, 2026 May 21, 2026
10-Q Quarterly report May 13, 2026 Mar 31, 2026
8-K Current report
Results of operations
May 13, 2026 May 13, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.