Material Weakness (worsened) — Revenue recognition material weakness expanded to include allocation of transaction price/costs and uninstalled materials; new participating-securities weakness caused Q2 2025 EPS audit adjustment.
Going Concern (removed) — Auditor's substantial-doubt going-concern language removed after maritime sale closed and debt eliminated.
Auditor Change (new) — KPMG replaced PwC as auditor for FY2025; PwC had audited the company from 2019 to 2025.
Sec Investigation (new) — Company received SEC subpoena in July 2025 investigating financial restatements, accounting practices, internal controls, and premature 10-K filing.
Restatement (unchanged) — Revenue recognition material weakness continues to reference prior-period restatements covering 2022-2024 periods.

NYSE: SPIR Spire Global, Inc. 10-K

Spire sells maritime unit for $239M, exits debt, but revenue falls 35% and control gaps persist

Filed March 19, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 31, 2025 · ~2 min read

5 material changes detected in this filing.

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Generated by AI · Jun 4, 2026 8:29 PM