Spruce Biosciences, Inc. (SPRB) Financials

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Last update: 07:00 PM EST
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$20M$20M$0$0-$20M-$20M-$40M-$40M-$60M-$60MEarning20182018201920192020202020212021202220222023202320242024-400%-400%-600%-600%-800%-800%-1000%-1000%-1200%-1200%Profit Margin
Profit Margin
Revenue
Earnings

SPRB Income statement / Annual

Last year (2024), Spruce Biosciences, Inc.'s total revenue was $4.91 M, a decrease of 51.32% from the previous year. In 2024, Spruce Biosciences, Inc.'s net income was -$53.04 M. See Spruce Biosciences, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018
Operating Revenue $4.91 M $10.09 M $0.00 $0.00 $0.00 $0.00 $0.00
Cost of Revenue $0.00 $49.43 M $429,000.00 $381,000.00 $102,000.00 $12,000.00 $1,000.00
Gross Profit $4.91 M -$39.34 M -$429,000.00 -$381,000.00 -$102,000.00 -$12,000.00 -$1,000.00
Gross Profit Ratio 1 -3.9 0 0 0 0 0
Research and Development Expenses $46.42 M $49.43 M $35.20 M $30.70 M $23.85 M $10.82 M $8.40 M
General & Administrative Expenses $14.64 M $12.65 M $12.09 M $11.37 M $5.56 M $2.29 M $1.57 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $14.64 M $12.65 M $12.09 M $11.37 M $5.56 M $2.29 M $1.57 M
Other Expenses $0.00 $0.00 $0.00 $119,000.00 $200,000.00 $84,000.00 $114,000.00
Operating Expenses $61.06 M $62.08 M $47.28 M $42.07 M $29.42 M $13.11 M $9.97 M
Cost And Expenses $61.06 M $62.08 M $47.28 M $42.07 M $29.42 M $13.11 M $9.97 M
Interest Income $3.42 M $4.56 M $1.52 M $119,000.00 $123,000.00 $19,000.00 $0.00
Interest Expense $307,000.00 $483,000.00 $420,000.00 $345,000.00 $323,000.00 $65,000.00 $0.00
Depreciation & Amortization $46,000.00 $70,000.00 $429,000.00 $381,000.00 $102,000.00 $12,000.00 $1,000.00
EBITDA -$56.15 M -$47.37 M -$45.33 M -$41.57 M -$29.11 M -$13.10 M -$9.97 M
EBITDA Ratio -11.43 -4.69 0 0 0 0 0
Operating Income Ratio -11.43 -5.15 0 0 0 0 0
Total Other Income/Expenses Net $3.12 M $4.07 M $1.10 M -$226,000.00 -$123,000.00 $19,000.00 $114,000.00
Income Before Tax -$53.04 M -$47.92 M -$46.18 M -$42.29 M -$29.54 M -$13.09 M -$9.86 M
Income Before Tax Ratio -10.8 -4.75 0 0 0 0 0
Income Tax Expense $0.00 $0.00 -$1.10 M $396,000.00 $487,000.00 $149,000.00 $114,000.00
Net Income -$53.04 M -$47.92 M -$45.08 M -$42.69 M -$30.03 M -$13.24 M -$9.86 M
Net Income Ratio -10.8 -4.75 0 0 0 0 0
EPS -1.29 -1.24 -0.96 -0.91 -0.65 -0.3 -2.21
EPS Diluted -1.29 -1.24 -0.96 -0.91 -0.65 -0.3 -2.21
Weighted Average Shares Out $41.26 M $38.51 M $47.05 M $46.72 M $46.52 M $44.53 M $4.45 M
Weighted Average Shares Out Diluted $41.26 M $38.51 M $47.05 M $46.72 M $46.52 M $44.53 M $4.45 M
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