Going Concern (new) — Auditor added explicit going-concern uncertainty paragraph in 2025 audit opinion, citing substantial doubt about the Company's ability to continue operations despite $48.9M cash and $15M January 2026 debt proceeds.

NASDAQ: SPRB SPRUCE BIOSCIENCES, INC. 10-K

Spruce delays TA-ERT filing to Q4 2026, cuts 62% of staff, raises $50M amid going concern

Filed March 9, 2026 · Period ending December 31, 2025 · Compared to 10-K Apr 15, 2025 · ~2 min read

5 material changes detected in this filing.

Create a free account to read the full summary — it takes 30 seconds.

Partner

Trade SPRB commission-free

Open an account, get a free stock.

Investing involves risk. Free stock terms apply.

Generated by AI · Jun 5, 2026 6:44 AM