Sphere 3D Corp. (ANY) Balance Sheet
ANY balance sheet, 2025
December 31, 2025 · U.S. dollars$25.1M assets = $1.8M liabilities + $23.3M equity
Both columns are drawn to the same scale: what ANY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ANY financial health
Current ratio4.82
Comfortable · current assets cover current liabilities 4.82×
Equity / assets92.8%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles6.4%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
ANY balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $92.6M2016 | $25.1M2025 | −13.5%/yr | |
| Total liabilities | $72.1M2016 | $1.8M2025 | −33.6%/yr | |
| Shareholders’ equity | $20.4M2016 | $23.3M2025 | +1.5%/yr | |
| Cash & short-term investments | $5.1M2016 | $3.7M2025 | −3.4%/yr | |
| Total debt | $44.0M2016 | $3.4M2021 | −39.9%/yr | |
| Net cash (debt) | −$38.9M2016 | $50.9M2021 | +$89.8M | |
| Working capital | −$12.6M2016 | $6.9M2025 | +$19.5M | |
| Current ratio | 0.712016 | 4.822025 | +4.11 | |
| Debt / equity | 2.152016 | 0.012021 | −2.14 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ANY assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
ANY liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
ANY debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ANY balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $3.7M | $13.0M | $1.6M | $1.3M | $54.4M | $461,000 | $149,000 | $341,000 | $600,000 | $5.1M |
| Cash & equivalents | $3.7M | $5.4M | $586,000 | $1.3M | $54.4M | $461,000 | $149,000 | $341,000 | $600,000 | $5.1M |
| Short-term investments | $3.3M | $7.5M | $986,000 | $1.7M | — | — | — | — | $0 | $1.5M |
| Receivables | $0 | $0 | $0 | $4.0M | $2.0M | $264,000 | $369,000 | $1.1M | $1.9M | $11.6M |
| Inventory | $0 | $0 | $0 | −$5.3M | $22.0M | $558,000 | $753,000 | $1.2M | $1.4M | $10.0M |
| Other current assets | $5.0M | $4.8M | $11.9M | $10.3M | $52,000 | $708,000 | $670,000 | $784,000 | $72.3M | $3.6M |
| Total current assets | $8.7M | $17.8M | $13.5M | $10.3M | $78.4M | $2.0M | $1.9M | $3.5M | $76.2M | $30.3M |
| Property, plant & equipment (net) | $14.6M | $22.0M | $24.2M | $34.3M | $102.2M | $0 | $2,000 | $6,000 | $23,999 | $3.1M |
| Goodwill & intangible assets | $1.6M | $3.1M | $4.6M | $9.5M | $63.0M | $4.0M | $3.7M | $4.7M | $6.6M | $58.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $19.9M | $2.1M | $2.1M | $2.1M | $0 | $0 |
| Other non-current assets | $225,000 | $379,000 | $7.6M | $29.0M | $12.3M | $3.7M | $677,000 | $950,000 | $439,001 | $432,000 |
| Total assets | $25.1M | $43.2M | $49.9M | $83.0M | $275.9M | $11.8M | $8.4M | $11.3M | $83.3M | $92.6M |
| Liabilities | ||||||||||
| Accounts payable | $427,000 | $1.2M | $2.4M | $3.0M | $1.3M | $2.0M | $4.1M | $4.6M | $3.1M | $10.6M |
| Short-term debt | — | — | — | — | $3.4M | $1.8M | $491,000 | $600,000 | $44.8M | $19.6M |
| Deferred revenue | — | — | — | $160,000 | $210,000 | $657,000 | $1.1M | $988,000 | $1.1M | $5.3M |
| Total current liabilities | $1.8M | $3.9M | $5.3M | $6.2M | $5.2M | $5.8M | $6.6M | $9.6M | $70.6M | $42.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $672,000 | $0 | $6.6M | $0 | $24.4M |
| Other long-term liabilities | $18,000 | $18,000 | $4.2M | $32.3M | $1.1M | $347,000 | $520,000 | $683,000 | $2.2M | $4.9M |
| Total liabilities | $1.8M | $3.9M | $9.5M | $38.5M | $6.3M | $6.8M | $7.2M | $16.9M | $72.8M | $72.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $503.4M | $498.0M | $475.7M | $456.4M | $444.3M | $192.4M | $186.2M | $183.5M | $173.9M | $157.3M |
| Retained earnings (deficit) | −$478.3M | −$456.8M | −$447.4M | −$419.7M | −$215.2M | −$197.4M | −$191.6M | −$187.3M | −$161.4M | −$135.2M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | — |
| Accumulated other comprehensive income | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$2.0M | −$1.6M |
| Minority interest | — | — | $0 | $9.7M | — | — | — | — | $0 | — |
| Total shareholders' equity | $23.3M | $39.3M | $40.3M | $34.9M | $269.6M | $5.0M | $1.2M | −$5.6M | $10.5M | $20.4M |
| Key figures | ||||||||||
| Total debt | — | — | — | — | $3.4M | $2.5M | $491,000 | $7.2M | $44.8M | $44.0M |
| Net cash (debt) | — | — | — | — | $50.9M | −$2.0M | −$342,000 | −$6.8M | −$44.2M | −$38.9M |
| Working capital | $6.9M | $13.9M | $8.2M | $4.1M | $73.2M | −$3.8M | −$4.7M | −$6.1M | $5.7M | −$12.6M |
| Tangible book value | $21.7M | $36.2M | $35.7M | $25.4M | $206.6M | $1.0M | −$2.4M | −$10.3M | $3.9M | −$38.4M |
| Current ratio | 4.82 | 4.57 | 2.53 | 1.66 | 15.06 | 0.34 | 0.29 | 0.36 | 1.08 | 0.71 |
| Quick ratio | 2.06 | 3.33 | 0.29 | 0.86 | 10.83 | 0.12 | 0.08 | 0.15 | 0.04 | 0.39 |
| Debt / equity | — | — | — | — | 0.01 | 0.50 | 0.40 | — | 4.28 | 2.15 |
| Equity / assets | 92.8% | 90.9% | 80.9% | 42.0% | 97.7% | 42.3% | 14.8% | −49.7% | 12.6% | 22.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.8M | $3.1M | $3.7M | $7.9M | $8.1M | $2.8M | $13.0M | $12.0M | $14.3M | $9.3M | $1.6M | $613,000 |
| Cash & equivalents | $2.8M | $3.1M | $3.7M | $5.3M | $4.7M | $2.8M | $5.4M | $5.0M | $4.3M | $2.0M | $586,000 | $613,000 |
| Short-term investments | — | — | $3.3M | $2.6M | $3.4M | $3.9M | $7.5M | $7.0M | $10.0M | $7.3M | $986,000 | $425,000 |
| Receivables | $346,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $164,000 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.5M |
| Other current assets | $2.9M | $3.6M | $5.0M | $2.1M | $3.2M | $6.9M | $4.8M | $2.5M | $3.0M | $2.1M | $11.9M | $953,000 |
| Total current assets | $6.1M | $6.7M | $8.7M | $9.9M | $11.3M | $9.7M | $17.8M | $14.5M | $17.3M | $11.4M | $13.5M | $5.2M |
| Property, plant & equipment (net) | $12.2M | $13.6M | $14.6M | $18.9M | $19.6M | $21.0M | $22.0M | $23.4M | $19.5M | $22.7M | $24.2M | $26.7M |
| Goodwill & intangible assets | $4.0M | $1.2M | $1.6M | $2.0M | $2.4M | $2.7M | $3.1M | $3.5M | $3.8M | $4.2M | $4.6M | $6.7M |
| Long-term investments | $654,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.9M | $225,000 | $225,000 | $313,000 | $1.1M | $844,000 | $379,000 | $2.9M | $3.4M | $3.6M | $7.6M | $20.5M |
| Total assets | $24.9M | $21.7M | $25.1M | $31.1M | $34.4M | $34.3M | $43.2M | $44.3M | $44.0M | $42.0M | $49.9M | $59.1M |
| Liabilities | ||||||||||||
| Accounts payable | $2.1M | $197,000 | $427,000 | $162,000 | $339,000 | $1.7M | $1.2M | $612,000 | $926,000 | $2.0M | $2.4M | $2.4M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | $3.6M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | $154,000 |
| Total current liabilities | $5.9M | $1.7M | $1.8M | $1.6M | $1.7M | $3.6M | $3.9M | $3.5M | $3.9M | $5.0M | $5.3M | $6.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.4M | — | — | — | — | — | — | — | — | — | — | — |
| Other long-term liabilities | $2.1M | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $4.9M | $6.7M | $9.5M | $4.2M | $20.4M |
| Total liabilities | $10.7M | $1.7M | $1.8M | $1.6M | $1.7M | $3.6M | $3.9M | $3.5M | $3.9M | $14.5M | $9.5M | $27.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $512.2M | $504.2M | $503.4M | $499.5M | $498.5M | $498.1M | $498.0M | $487.3M | $485.0M | $481.1M | $475.7M | $472.6M |
| Retained earnings (deficit) | −$496.2M | −$482.4M | −$478.3M | −$468.2M | −$463.9M | −$465.6M | −$456.8M | −$449.6M | −$449.7M | −$451.8M | −$447.4M | −$438.6M |
| Accumulated other comprehensive income | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M | −$1.8M |
| Total shareholders' equity | $14.2M | $20.0M | $23.3M | $29.5M | $32.7M | $30.7M | $39.3M | $40.7M | $40.1M | $27.5M | $40.3M | $32.2M |
| Key figures | ||||||||||||
| Total debt | $1.3M | — | — | — | — | — | — | — | — | — | — | $3.6M |
| Net cash (debt) | $1.5M | — | — | — | — | — | — | — | — | — | — | −$3.0M |
| Working capital | $204,000 | $5.0M | $6.9M | $8.3M | $9.6M | $6.2M | $13.9M | $11.0M | $13.3M | $6.4M | $8.2M | −$1.5M |
| Tangible book value | $10.2M | $18.8M | $21.7M | $27.6M | $30.4M | $28.0M | $36.2M | $37.2M | $36.3M | $23.3M | $35.7M | $25.5M |
| Book value per share | $2.75 | $5.74 | $7.56 | $10.36 | $11.80 | $1.13 | — | $18.23 | — | — | — | — |
| Shares outstanding | 5.2M | 3.5M | 3.1M | 2.9M | 2.8M | 27.2M | — | 2.2M | — | — | — | — |
| Current ratio | 1.03 | 3.90 | 4.82 | 6.28 | 6.69 | 2.74 | 4.57 | 4.09 | 4.39 | 2.28 | 2.53 | 0.78 |
| Quick ratio | 0.54 | 1.82 | 2.06 | 4.98 | 4.80 | 0.78 | 3.33 | 3.38 | 3.62 | 1.86 | 0.29 | 0.12 |
| Debt / equity | 0.09 | — | — | — | — | — | — | — | — | — | — | 0.11 |
| Equity / assets | 57.2% | 92.0% | 92.8% | 94.9% | 95.0% | 89.6% | 90.9% | 92.0% | 91.1% | 65.5% | 80.9% | 54.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 27, 2026); data from EODHD.
ANY financial position
At the end of fiscal 2025 (December 31, 2025), Sphere 3D had total assets of $25.1 million (down 41.9% from a year earlier), total liabilities of $1.8 million and shareholders' equity of $23.3 million. Its current ratio was 4.82. In the latest quarter (ended June 30, 2026) total assets were $24.9 million and equity $14.2 million.
Related: ANY income statement, ANY cash flow statement, ANY key metrics. See the ANY stock overview for the latest quote and news.
ANY balance sheet FAQ
What are Sphere 3D's total assets?
Sphere 3D reported total assets of $25.1 million at the end of fiscal 2025 (December 31, 2025), compared with $43.2 million a year earlier.
How much cash does Sphere 3D have?
Sphere 3D held $3.7 million in cash and short-term investments at the end of fiscal 2025.
What is Sphere 3D's book value?
Sphere 3D's shareholders' equity (book value) was $23.3 million at the end of fiscal 2025.
What is Sphere 3D's current ratio?
Sphere 3D had current assets of $8.7 million and current liabilities of $1.8 million, a current ratio of 4.82 (it can cover its short-term obligations).
How much goodwill does Sphere 3D have?
Sphere 3D carried $1.6 million of goodwill and intangible assets, 6.4% of total assets, at the end of fiscal 2025.