Company: ANY
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001591956-25-000009
Chunk: 3

Company: Sphere 3D Corp.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
,495 8,266 General and administrative2,126 2,986 5,295 6,438 Depreciation and amortization1,667 1,816 3,273 3,637 Impairment of property and equipment— 860 — 860 Loss on disposal of property and equipment51 691 859 691 Change in fair value of Bitcoin(500)65 (272)(703)Total operating costs and expenses5,645 10,377 13,650 19,189 Loss from operations(2,627)(5,711)(7,815)(7,577)Other income (expense):Investment gain4,309 7,791 659 5,051 Other (expense) income, net(13)46 40 175 Net income (loss) before taxes1,669 2,126 (7,116)(2,351)Provision for income taxes2 2 2 2 Net income (loss)$1,667 $2,124 $(7,118)$(2,353)Net income (loss) per share:Basic$0.06 $0.11 $(0.26)$(0.13)Diluted$0.06 $0.10 $(0.26)$(0.13)Shares used in computing net income (loss) per share:Basic27,700,956 18,711,718 27,454,024 17,644,315 Diluted27,723,956 20,884,287 27,454,024 17,644,315 

See accompanying notes to condensed consolidated financial statements.

2

Sphere 3D Corp.

Condensed Consolidated Statements of Comprehensive Income (Loss)

(in thousands of U.S. dollars)

(unaudited)

Three MonthsEnded June 30,Six MonthsEnded June 30,2025202420252024Net income (loss)$1,667 $2,124 $(7,118)$(2,353)Other comprehensive income (loss):Foreign currency translation adjustment17 (3)14 (6)Total other comprehensive income (loss)17 (3)14 (6)Comprehensive income (loss)$1,684 $2,121 $(7,104)$(2,359)

See accompanying notes to condensed consolidated financial statements.

3

Sphere 3D