Company: ANY
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001591956-25-000014
Chunk: 3

Company: Sphere 3D Corp.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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,997 General and administrative1,785 3,032 7,080 9,470 Depreciation and amortization1,724 1,737 4,997 5,374 Loss on disposal of property and equipment793 — 1,652 691 Impairment of property and equipment500 — 500 860 Change in fair value of Bitcoin(101)8 (373)(695)Total operating costs and expenses6,658 7,508 20,308 26,697 Loss from operations(4,035)(5,153)(11,850)(12,730)Other income (expense):Investment gain (loss)(220)2,437 439 7,488 Other income, net7 2,892 47 3,067 Net income (loss) before taxes(4,248)176 (11,364)(2,175)Provision for income taxes— 72 2 74 Net income (loss)$(4,248)$104 $(11,366)$(2,249)Net income (loss) per share:Basic$(0.15)$0.01 $(0.41)$(0.12)Diluted$(0.15)$0.005 $(0.41)$(0.12)Shares used in computing net income (loss) per share:Basic28,511,990 20,733,022 27,810,554 18,681,399 Diluted28,511,990 22,323,306 27,810,554 18,681,399 

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 September 30,Nine MonthsEnded September 30,2025202420252024Net income (loss)$(4,248)$104 $(11,366)$(2,249)Other comprehensive income (loss):Foreign currency translation adjustment(2)— 12 (6)Total other comprehensive income (loss)(2)— 12 (6)Comprehensive income (loss)$(4,250)$104 $(11,354)$(2,255)

See accompanying notes to condensed consolidated financial statements.

3

Sphere 3D Corp.

Condensed Consolidated Statements of Shareholders’ Equity