ANY Chart
About

Sphere 3D Corp. engages in the bitcoin mining business. The company is involved with bitcoin mining pool operators as its customers to provide a service to perform hash calculations for the mining pool operators. The company is based in Stamford, Connecticut.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 4.17M
Enterprise Value -705.56K Income -18.59M Sales 11.10M
Book/sh 10.05 Cash/sh 1.56 Dividend Yield —
Payout 0.00% Employees 2 IPO —
P/E — Forward P/E -0.38 PEG —
P/S 0.38 P/B 0.12 P/C —
EV/EBITDA 0.10 EV/Sales -0.06 Quick Ratio 3.34
Current Ratio 6.28 Debt/Eq — LT Debt/Eq —
EPS (ttm) -7.70 EPS next Y -3.20 EPS Growth —
Revenue Growth 11.40% Earnings 2025-11-04 16:00 ROA -23.49%
ROE -52.92% ROIC — Gross Margin 20.42%
Oper. Margin -104.54% Profit Margin -167.47% Shs Outstand 3.39M
Shs Float 3.11M Short Float 0.42% Short Ratio 0.30
Short Interest — 52W High 12.60 52W Low 1.16
Beta 3.75 Avg Volume 66.68K Volume 160.63K
Target Price $30.00 Recom None Prev Close $1.35
Price $1.23 Change -8.89%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$30.00
Mean price target
2. Current target
$1.23
Latest analyst target
3. DCF / Fair value
$-68.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.23
Low
$30.00
High
$30.00
Mean
$30.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-05-21 reit HC Wainwright & Co. Buy → Buy $3
2025-04-04 reit HC Wainwright & Co. Buy → Buy $3
2024-11-18 reit HC Wainwright & Co. Buy → Buy $3
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 — — — Reppas (Tiah) Senior Officer of Issuer — 2025-12-17 00:00:00 D nan
1 90000 — Disposition in the public market at price 0.47 per share. Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-12-09 00:00:00 D 42210.0
2 183594 — — Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-12-08 00:00:00 D nan
3 195201 — — Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-09-03 00:00:00 D nan
4 85010 — Other at price 0.61 per share. Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-09-03 00:00:00 D 51601.0
5 339844 — — Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-06-05 00:00:00 D nan
6 134406 — Other at price 0.74 per share. Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-06-05 00:00:00 D 99326.0
7 96154 — — Hanley (Timothy P.) Director of Issuer — 2025-05-15 00:00:00 D nan
8 96154 — — Harnett (Susan S) Director of Issuer — 2025-05-15 00:00:00 D nan
9 11719 — — Kalbfleisch (Kurt L) Senior Officer of Issuer — 2025-03-14 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems818.37K701.40K-26.86M-710.82
TaxRateForCalcs0.210.210.210.00
NormalizedEBITDA-6.10M-19.28M-36.58M-10.28M
TotalUnusualItems3.90M3.34M-127.91M-820.00K
TotalUnusualItemsExcludingGoodwill3.90M3.34M-127.91M-820.00K
NetIncomeFromContinuingOperationNetMinorityInterest-9.47M-23.41M-192.80M-17.29M
ReconciledDepreciation7.11M6.19M28.26M5.68M
ReconciledCostOfRevenue13.38M15.94M3.42M1.72M
EBITDA-2.21M-15.94M-164.48M-11.10M
EBIT-9.32M-22.13M-192.75M-16.79M
NetInterestIncome0.00-1.18M2.58M2.41M
InterestExpense0.001.18M0.00516.00K
InterestIncome1.06M2.58M2.93M
NormalizedIncome-12.55M-26.04M-91.75M-16.47M
NetIncomeFromContinuingAndDiscontinuedOperation-9.47M-23.41M-192.80M-17.29M
TotalExpenses32.94M48.44M73.50M22.62M
TotalOperatingIncomeAsReported-21.41M-30.00M-157.65M-19.72M
DilutedAverageShares19.80M12.13M9.47M4.41M
BasicAverageShares19.80M12.13M9.47M4.41M
DilutedEPS-0.48-1.93-20.37-4.06
BasicEPS-0.48-1.93-20.37-4.06
DilutedNIAvailtoComStockholders-9.47M-23.41M-192.80M-17.82M
NetIncomeCommonStockholders-9.47M-23.41M-192.80M-17.82M
PreferredStockDividends531.00K
NetIncome-9.47M-23.41M-192.80M-17.29M
MinorityInterests0.00-76.00K111.00K0.00
NetIncomeIncludingNoncontrollingInterests-9.47M-23.33M-192.91M-17.29M
NetIncomeContinuousOperations-9.47M-23.33M-192.91M-17.29M
TaxProvision150.00K13.00K166.00K-15.00K
PretaxIncome-9.32M-23.32M-192.75M-17.30M
OtherIncomeExpense7.01M4.40M-127.91M-820.00K
OtherNonOperatingIncomeExpenses3.11M1.06M
SpecialIncomeCharges-5.76M2.21M-127.93M-820.00K
GainOnSaleOfPPE-3.54M-960.00K-10.00M0.00
GainOnSaleOfBusiness0.006.80M0.00
OtherSpecialCharges13.14M
WriteOff1.07M0.0014.53M0.00
ImpairmentOfCapitalAssets1.15M3.63M90.25M820.00K
GainOnSaleOfSecurity9.66M1.13M19.00K
NetNonOperatingInterestIncomeExpense0.00-1.18M2.58M2.41M
InterestExpenseNonOperating0.001.18M0.00516.00K
InterestIncomeNonOperating1.06M2.58M2.93M
OperatingIncome-16.33M-26.54M-67.42M-18.90M
OperatingExpense19.56M32.50M70.08M20.90M
OtherOperatingExpenses8.51M16.07M
DepreciationAmortizationDepletionIncomeStatement7.11M6.19M28.26M5.68M
DepreciationAndAmortizationInIncomeStatement7.11M6.19M28.26M5.68M
ResearchAndDevelopment0.001.03M605.00K971.00K
SellingGeneralAndAdministration12.45M16.77M25.14M14.24M
SellingAndMarketingExpense0.00948.00K1.01M1.32M
GeneralAndAdministrativeExpense12.45M15.82M24.13M12.93M
OtherGandA12.45M15.82M24.13M12.93M
GrossProfit3.23M5.96M2.66M2.00M
CostOfRevenue13.38M15.94M3.42M1.72M
TotalRevenue16.61M21.91M6.08M3.72M
OperatingRevenue16.61M21.91M6.08M3.72M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber25.45M15.37M9.80M9.08M
ShareIssued25.45M15.37M9.80M9.08M
TangibleBookValue36.22M21.94M25.39M164.26M
InvestedCapital39.31M26.52M34.87M227.28M
WorkingCapital13.89M8.16M4.08M73.21M
NetTangibleAssets36.22M21.94M25.39M206.61M
CommonStockEquity39.31M26.52M34.87M227.28M
PreferredStockEquity26.47M42.35M
TotalCapitalization39.31M26.52M34.87M269.63M
TotalEquityGrossMinorityInterest39.31M26.52M44.56M269.63M
MinorityInterest0.009.69M0.00
StockholdersEquity39.31M26.52M34.87M269.63M
GainsLossesNotAffectingRetainedEarnings-1.82M-1.81M-1.80M-1.79M
OtherEquityAdjustments-1.82M-1.81M-1.80M-1.79M
RetainedEarnings-456.82M-447.37M-419.73M-215.19M
CapitalStock497.96M475.70M456.40M486.62M
CommonStock497.96M475.70M456.40M444.26M
PreferredStock26.47M42.35M
TotalLiabilitiesNetMinorityInterest3.91M19.14M38.45M6.30M
TotalNonCurrentLiabilitiesNetMinorityInterest18.00K13.79M32.25M1.09M
OtherNonCurrentLiabilities366.00K1.03M
PreferredSecuritiesOutsideStockEquity18.00K13.79M26.47M
DerivativeProductLiabilities0.00864.00K0.00
NonCurrentDeferredLiabilities0.004.55M58.00K
NonCurrentDeferredRevenue0.004.55M58.00K
CurrentLiabilities3.90M5.35M6.20M5.21M
OtherCurrentLiabilities31.00K311.00K974.00K297.00K
CurrentDeferredLiabilities160.00K210.00K
CurrentDeferredRevenue160.00K210.00K
LineOfCredit0.00
PayablesAndAccruedExpenses3.86M5.04M5.23M4.70M
CurrentAccruedExpenses2.70M2.66M2.23M3.45M
Payables1.17M2.37M2.99M1.25M
AccountsPayable1.17M2.37M2.99M1.25M
TotalAssets43.23M45.66M83.02M275.92M
TotalNonCurrentAssets25.44M32.15M72.73M197.50M
OtherNonCurrentAssets3.00K4.00K10.37M59.00K
NonCurrentPrepaidAssets376.00K3.40M18.63M251.00K
NonCurrentDeferredAssets7.00K
NonCurrentNoteReceivables0.0011.99M
InvestmentsAndAdvances0.0019.95M
GoodwillAndOtherIntangibleAssets3.10M4.58M9.48M63.02M
OtherIntangibleAssets3.10M4.58M9.48M63.02M
Goodwill0.00
NetPPE21.97M24.17M34.26M102.24M
AccumulatedDepreciation-7.00M-5.96M-1.71M0.00
GrossPPE28.96M30.12M35.97M102.24M
ConstructionInProgress0.00102.24M
OtherProperties28.96M30.12M418.00K
Properties28.96M30.12M35.55M0.00
CurrentAssets17.79M13.51M10.28M78.42M
OtherCurrentAssets1.43M1.18M2.16M101.00K
CurrentDeferredAssets49.00K
RestrictedCash0.00206.00K0.00
PrepaidAssets3.41M11.75M2.59M21.93M
Inventory0.00
FinishedGoods0.00
WorkInProcess0.00
RawMaterials0.00
Receivables0.004.00M2.04M
NotesReceivable0.003.82M1.86M
AccountsReceivable0.00174.00K181.00K
AllowanceForDoubtfulAccountsReceivable0.00-3.20M0.00
GrossAccountsReceivable3.37M181.00K
CashCashEquivalentsAndShortTermInvestments12.96M586.00K1.34M54.35M
OtherShortTermInvestments7.53M0.00
CashAndCashEquivalents5.42M586.00K1.34M54.35M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-13.52M-8.14M-48.71M-130.76M
RepurchaseOfCapitalStock-108.00K0.00
RepaymentOfDebt0.00-1.28M0.00-1.50M
IssuanceOfDebt0.00779.00K0.00447.00K
IssuanceOfCapitalStock5.50M3.05M0.00204.15M
CapitalExpenditure-8.94M-1.56M-17.94M-102.24M
InterestPaidSupplementalData0.00323.00K0.000.00
IncomeTaxPaidSupplementalData2.00K16.00K166.00K0.00
EndCashPosition5.42M586.00K1.54M54.35M
BeginningCashPosition586.00K1.54M54.35M461.00K
EffectOfExchangeRateChanges0.00
ChangesInCash4.84M-957.00K-52.81M53.89M
FinancingCashFlow5.39M3.06M0.00205.10M
CashFlowFromContinuingFinancingActivities5.39M3.06M0.00205.10M
NetOtherFinancingCharges-34.00K
ProceedsFromStockOptionExercised0.00556.00K0.002.24M
CashDividendsPaid0.00-227.00K
PreferredStockDividendPaid0.00-227.00K
NetPreferredStockIssuance0.003.05M0.009.57M
PreferredStockIssuance0.003.05M0.009.57M
NetCommonStockIssuance5.39M0.000.00194.57M
CommonStockPayments-108.00K0.00
CommonStockIssuance5.50M0.000.00194.57M
NetIssuancePaymentsOfDebt0.00-506.00K0.00-1.06M
NetShortTermDebtIssuance0.00-402.00K
ShortTermDebtPayments0.00-402.00K
NetLongTermDebtIssuance0.00-506.00K0.00-656.00K
LongTermDebtPayments0.00-1.28M0.00-1.10M
LongTermDebtIssuance0.00779.00K0.00447.00K
InvestingCashFlow4.03M2.56M-22.04M-122.69M
CashFlowFromContinuingInvestingActivities4.03M2.56M-22.04M-122.69M
NetOtherInvestingChanges10.30M-4.26M-10.04M
NetInvestmentPurchaseAndSale11.45M0.000.00-10.42M
SaleOfInvestment11.45M0.00
PurchaseOfInvestment0.00-10.42M
NetBusinessPurchaseAndSale0.00-10.64M161.00K0.00
SaleOfBusiness0.00161.00K0.00
PurchaseOfBusiness0.00-10.64M0.00
NetIntangiblesPurchaseAndSale1.52M0.00-306.00K0.00
SaleOfIntangibles1.52M0.00
PurchaseOfIntangibles0.00-306.00K0.00
NetPPEPurchaseAndSale-8.94M2.91M-17.63M-102.24M
SaleOfPPE0.004.47M0.00
PurchaseOfPPE-8.94M-1.56M-17.63M-102.24M
OperatingCashFlow-4.58M-6.58M-30.77M-28.52M
CashFlowFromContinuingOperatingActivities-4.58M-6.58M-30.77M-28.52M
ChangeInWorkingCapital-16.37M-18.26M-17.95M-15.75M
ChangeInOtherWorkingCapital-52.00K-555.00K
ChangeInOtherCurrentLiabilities-120.00K491.00K-150.00K1.19M
ChangeInOtherCurrentAssets-16.16M-22.24M-19.51M-20.30M
ChangeInPayablesAndAccruedExpense-91.00K3.40M1.70M3.83M
ChangeInAccruedExpense171.00K822.00K497.00K-94.00K
ChangeInPayable-262.00K2.57M1.20M3.92M
ChangeInAccountPayable-262.00K2.57M1.20M3.92M
ChangeInInventory57.00K
ChangeInReceivables0.0094.00K7.00K75.00K
ChangesInAccountReceivables0.0094.00K7.00K75.00K
OtherNonCashItems14.70M21.16M13.65M3.77M
StockBasedCompensation2.84M2.43M8.46M366.00K
UnrealizedGainLossOnInvestmentSecurities-4.92M0.00-1.42M0.00
ProvisionandWriteOffofAssets0.008.51M26.07M0.00
AssetImpairmentCharge2.22M3.63M104.78M820.00K
DepreciationAmortizationDepletion7.11M6.19M28.26M5.68M
DepreciationAndAmortization7.11M6.19M28.26M5.68M
OperatingGainsLosses-692.00K-6.91M290.00K-6.12M
GainLossOnInvestmentSecurities-4.24M309.00K2.82M
GainLossOnSaleOfPPE3.54M-171.00K-19.00K-4.99M
GainLossOnSaleOfBusiness0.00-6.80M0.00-189.00K
NetIncomeFromContinuingOperations-9.47M-23.33M-192.91M-17.29M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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