Red Flags Detected

  • Sec Investigation (new) — SEC opened formal investigation into financial restatements, internal controls, material weaknesses, and premature 10-K filing in July 2025.
  • Material Weakness (worsened) — Revenue recognition material weakness expanded to include additional control failures (transaction price allocation, uninstalled materials, EPS calculation) and caused restatements through Q1 2024 plus audit adjustments in Q2 2025.
NYSE: SPIR Spire Global, Inc. 10-Q

Spire sells maritime unit, repays debt, but SEC probes restatements and controls remain weak

Filed May 14, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 14, 2025 · ~2 min read

5 material changes detected in this filing.

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