Technology -
Software - Application - NASDAQ - CA
$ 0.4933
-4.32 %
$ 12.9 M
Market Cap
-0.93
P/E
1. INTRINSIC VALUE
FINANCIALS
Balance Sheet
Sphere 3D Corp.
| Current Assets | 17.8 M |
| Cash & Short-Term Investments | 13 M |
| Receivables | 0 |
| Other Current Assets | 4.83 M |
| Non-Current Assets | 25.4 M |
| Long-Term Investments | 0 |
| PP&E | 22 M |
| Other Non-Current Assets | 3.47 M |
| Current Liabilities | 3.9 M |
| Accounts Payable | 1.17 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 2.73 M |
| Non-Current Liabilities | 18 K |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 18 K |
EFFICIENCY
Earnings Waterfall
Sphere 3D Corp.
| Revenue | 16.6 M |
| Cost Of Revenue | 13.4 M |
| Gross Profit | 3.23 M |
| Operating Expenses | 24.6 M |
| Operating Income | -21.4 M |
| Other Expenses | -11.9 M |
| Net Income | -9.47 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Sphere 3D Corp.
| Net Income | -9.47 M |
| Depreciation & Amortization | 7.11 M |
| Capital Expenditures | -8.94 M |
| Stock-Based Compensation | 2.84 M |
| Change in Working Capital | -16.4 M |
| Others | -4.8 M |
| Free Cash Flow | -13.5 M |
Wall Street Analysts Price Targets
Sphere 3D Corp.
Wall Street analysts predict an average 1-year price target for ANY of $3 , with forecasts ranging from
a
low of
$3 to a high of $3 .
ANY Lowest Price Target
Wall Street Target
3 USD
508.15%
ANY Average Price Target
Wall Street Target
3 USD
508.15%
ANY Highest Price Target
Wall Street Target
3 USD
508.15%
4. DIVIDEND
ANALYSIS
ANY does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Sphere 3D Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
115 K USD 2
6-9 MONTHS
10.4 K USD 1
9-12 MONTHS
408 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates
Stamford, Connecticut--(Newsfile Corp. - March 28, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company, is pleased to announce financial results for its fiscal year ended December 31, 2024. COMMENTS FROM SPHERE 3D LEADERSHIP 2024 was a year of transition for Sphere 3D.
newsfilecorp.com
- 1 month ago
Sphere 3D Launches First Vertically Integrated Bitcoin Mining Facility
Stamford, Connecticut--(Newsfile Corp. - March 18, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that its newest Bitcoin mining site in Iowa is officially online. This milestone represents a significant strategic shift for the Company as it moves away from hosted and third-party mining operations toward full ownership and control of its infrastructure.
newsfilecorp.com
- 1 month ago
Sphere Announces End of Litigation with Gryphon
Stamford, Connecticut--(Newsfile Corp. - March 11, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") announced today that it has reached a confidential settlement with Gryphon Digital Mining, Inc. to resolve all claims against each other on mutually satisfactory terms that will result in the complete dismissal of the litigation. "As a Company, we are focused on the future and our long-term strategy," said Kurt Kalbfleisch, Acting CEO.
newsfilecorp.com
- 1 month ago
Sphere 3D Announces Passing of Chief Executive Officer
Chief Financial Officer Kurt Kalbfleisch Remains as Acting CEO Stamford, Connecticut--(Newsfile Corp. - March 6, 2025) - It is with profound sadness that Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announces the passing of Patricia Trompeter, Chief Executive Officer. Patricia, known to many as Patti, passed away peacefully on Tuesday after a courageous battle with cancer.
newsfilecorp.com
- 1 month ago
Sphere 3D President and CEO Taking Temporary Leave of Absence
Chief Financial Officer Kurt Kalbfleisch Named Acting CEO Stamford, Connecticut--(Newsfile Corp. - January 31, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that President and CEO Patricia Trompeter will be taking a temporary medical leave of absence to address an existing health condition. She is expected to be on leave for approximately four months.
newsfilecorp.com
- 3 months ago
Sphere 3D Corp. Announces Pricing of $6 Million Registered Direct Offering and Concurrent Private Placement
Stamford, Connecticut--(Newsfile Corp. - November 20, 2024) - Sphere 3D Corp (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company operating at an industrial scale, today announced that it has entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 4,225,353 of its common shares (or common share equivalents in lieu thereof) in a registered direct offering at a purchase price of $1.42 per share (the "Registered Offering"). In a concurrent private placement (the "Private Placement" and together with the Registered Offering, the "Offerings"), the Company also agreed to issue to the same investor warrants to purchase up to 4,225,353 of its common shares (the "Common Warrants").
newsfilecorp.com
- 5 months ago
Sphere 3D Corp. Provides October 2024 Update
Stamford, Connecticut--(Newsfile Corp. - November 15, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company focused on strategically growing its production, is providing a strategic and operational update for October 2024. Key Highlights: 11.7 Bitcoin mined in October 2024 Month-end deployed hash rate was 0.8 EH/s Development initiated on our new 12.5 MW site with multi-year sub $0.04 power contract Metrics Oct. 2023 Sept.
newsfilecorp.com
- 5 months ago
Sphere 3D Corp. (ANY) Surpasses Q3 Earnings Estimates
Sphere 3D Corp. (ANY) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.19 per share. This compares to loss of $0.38 per share a year ago.
zacks.com
- 5 months ago
Sphere 3D Reports Third Quarter 2024 Financial Results
Stamford, Connecticut--(Newsfile Corp. - November 14, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company operating at an industrial scale, today reported financial results for the quarter ended September 30, 2024. 2024 Third Quarter Highlights Sphere 3D and Simple Mining LLC entered into a letter of intent to acquire a 12.5 MW site in Iowa featuring average sub 4c energy.
newsfilecorp.com
- 5 months ago
Sphere 3D Corp. Provides September 2024 Update
Stamford, Connecticut--(Newsfile Corp. - October 17, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company focused on strategically growing its production, is providing an operational update for September 2024, as well as a general strategic update. Key Highlights 9.2 Bitcoin mined in September 2024 Month-end deployed hash rate was 0.7 EH/s Development initiated on new 12.5 MW hosting site with multi-year sub $0.04 power contract; energization begins in December 2024 Metrics Sept.
newsfilecorp.com
- 6 months ago
Sphere 3D Corp. Provides August 2024 Update
Stamford, Connecticut--(Newsfile Corp. - September 23, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, is providing a strategic and operational update for August 2024. Key Highlights: Second batch of Antminer S21 fleet upgrades have arrived 12.7 Bitcoin mined in August 2024 Month-end deployed hash rate was 1.0 EH/s Metrics Aug 2023 July 2024 Aug 2024 Bitcoin Mined 58.3 16.8 12.7 Bitcoin Sold 65.7 22.0 12.6 Mining Revenue $1.6 million $1.0 million $0.8 million Bitcoin Holdings 2.8 2.0 2.1 Deployed Miners ~12,450 ~11,200 ~8,900 Month End Deployed Hash Rate (EH/s) 1.3 EH/s 1.2 EH/s 1.0 EH/s Strategic Update: We continue to proactively focus on the company's future growth through operational growth and strategic partnerships: As announced earlier this month, we are developing a 12.5 MW site in Iowa at an average of sub ~ 4 cent energy.
newsfilecorp.com
- 7 months ago
Sphere 3D Corp. Signs Letter of Intent to Acquire a 12.5 MW Site in Iowa Featuring Average Sub -4c Energy, Set to be Operational by December 2024
Stamford, Connecticut--(Newsfile Corp. - September 9, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, announces the development of a 12.5 MW site in Iowa. 12.5 MW site with anticipated average of sub ~4 cent power Facility estimated to be ready beginning of December Managed services agreement with Simple Mining for 3 years to manage site Sphere 3D has partnered with Simple Mining LLC to engineer, develop, and operate the site.
newsfilecorp.com
- 7 months ago
8. Profile
Summary
Sphere 3D Corp. ANY
COUNTRY
CA
INDUSTRY
Software - Application
MARKET CAP
$ 12.9 M
Dividend Yield
0.00%
Description
Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers; HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery; HVE 3DGFX, a virtual desktop infrastructure solution; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance designed to handle requirements for backup and replication storage. In addition, it offers self-service and support services. Sphere 3D Corp. is based in Toronto, Canada.
Contact
Building 2, Toronto, ON, M3C 1W3
https://www.sphere3d.com
IPO
Date
Aug. 12, 2013
Employees
2
Officers
Mr. Kurt L. Kalbfleisch
Chief Financial Officer, Acting Chief Executive Officer, Senior Vice President & Secretary