Deep-Dive Due Diligence AI Generated Report on Sphere 3D Corp. Common Shares (ANY)

Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.

These reports are generated using OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.

Disclaimer: This report is for informational purposes only. It does not constitute financial advice. Always do your own research before making any investment.


ANY_OUT_1 [2025-04-02 17:28:27 -0400] 2870 Bytes | 735 tokens | Cum: 735 tkns (9.19% of 8k)
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Turbo, you got one job - predict the hottest stocks of the day -- before everyone else does! Ha! So today we're looking at Sphere 3D (ANY) which is at 0.505 up from 0.43. So, I pulled together a bunch of data for you to look over real fast. It's still early, 5:28:27 PM on Wed Apr 02, 2025 -0400. So, what's the verdict? You're the expert!

--- COMPANY PROFILE ---
Company: Sphere 3D (ANY)
IPO: 2013-08-12 (11 Years Ago)
Market Cap: $10,943,658
Shares Outstanding: 26,180,000
Industry: FINANCE SERVICES
Exchange: XNAS
Description: Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Here's the first list of news for Sphere 3D:

C1 - Mar-28-25 04:05PM - Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates
C2 - Mar-18-25 08:30AM - Sphere 3D Launches First Vertically Integrated Bitcoin Mining Facility
C3 - Mar-11-25 08:30AM - Sphere Announces End of Litigation with Gryphon
C4 - Mar-06-25 08:30AM - Sphere 3D Announces Passing of Chief Executive Officer
C5 - Jan-31-25 05:00PM - Sphere 3D President and CEO Taking Temporary Leave of Absence
C6 - Nov-20-24 08:00AM - Sphere 3D Corp. Announces Pricing of $6 Million Registered Direct Offering and Concurrent Private Placement
C7 - Nov-15-24 05:30PM - Sphere 3D Corp. Provides October 2024 Update
C8 - Nov-14-24 08:50PM - Sphere 3D Corp. (ANY) Surpasses Q3 Earnings Estimates

ONLY 3 RULES for AI:
==============
1) I am a document retrieval system. You are the analyst-investigator.
2) You can request items from my lists to get more info on Sphere 3D (ANY)
3) AFTER requesting and reading News and SEC filings you'll write a summary, set a score, high price target and headline.
Now, your response should be only 2 or 3 chars. You can say ex., C1, C2, etc., or NEX
The NEX command delivers the NEXt list of News/SEC/Metrics
There are several more lists that use our unified document retrieval system in subsequent prompts.
Your predictons will be compared to reality to rate your accuracy. Try to predict accurately. GOOD LUCK!
Please request a document, read, summarize and score. Say something like "C1".

ANY_IN_2 [2025-04-02 17:28:28 -0400] 2 Bytes | 2 tokens | Cum: 737 tkns (9.21% of 8k)
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C1

ANY_OUT_3 [2025-04-02 17:28:31 -0400] 1098 Bytes | 302 tokens | Cum: 1039 tkns (12.99% of 8k)
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Showing C1 (chunk 1 of 5): C1:
**Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates**
Date: Mar-28-25 04:05PM
Source: (Newsfile)
URL: https://www.newsfilecorp.com/release/246514/Sphere-3D-Reports-Fiscal-Year-2024-Financial-Results-and-Operational-Updates

We use cookies to analyze user behavior in order to constantly improve the website for you.Learn more.

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.

2024 was a year of transition for Sphere 3D. Following the Bitcoin halving in the first half of the year, we focused on cycling out of high-cost hosting partners, streamlining SG&A expenses, and laying the groundwork for vertical integration. Every four years, the halving marks a pivotal moment for Bitcoi

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ANY_IN_4 [2025-04-02 17:28:31 -0400] 482 Bytes | 100 tokens | Cum: 1139 tkns (14.24% of 8k)
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Sphere 3D Corp., a Bitcoin mining company, announced its financial results for the fiscal year ended December 31, 2024. The year 2024 was a transitional period for the company, marked by the Bitcoin halving event in the first half of the year. The company then shifted its focus towards moving away from high-cost hosting partners, reducing SG&A expenses, and preparing for vertical integration. The halving event, which occurs every four years, is a significant moment for Bitcoin.

ANY_OUT_5 [2025-04-02 17:28:32 -0400] 905 Bytes | 265 tokens | Cum: 1404 tkns (17.55% of 8k)
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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

A1 - 2025-03-28T20:14:00Z - Sphere 3D Corp.: Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates...
A2 - 2025-03-28T20:16:50Z - Sphere 3D (ANY) Reports FY24 Results, Issues Operational Updates...
A3 - 2025-03-28T20:09:24Z - Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates...
A4 - 2025-03-25T10:54:46Z - North American Morning Briefing : Stock Futures -2-...
A5 - 2025-03-20T18:20:06Z - Sphere 3D stock hits 52-week low at $0.46 amid market challenges By Investing.com...

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

ANY_IN_6 [2025-04-02 17:28:32 -0400] 2 Bytes | 2 tokens | Cum: 1406 tkns (17.57% of 8k)
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A1

ANY_OUT_7 [2025-04-02 17:28:36 -0400] 1099 Bytes | 327 tokens | Cum: 1733 tkns (21.66% of 8k)
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Showing A1 (chunk 1 of 11): A1:
**Sphere 3D Corp.: Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates**Date: 2025-03-28Source: {'uri': 'finanznachrichten.de', 'dataType': 'news', 'title': 'FinanzNachrichten.de'}URL: https://www.finanznachrichten.de/nachrichten-2025-03/64965821-sphere-3d-corp-sphere-3d-reports-fiscal-year-2024-financial-results-and-operational-updates-296.htmStamford, 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. Following the Bitcoin halving in the first half of the year, we focused on cycling out of high-cost hosting partners, streamlining SG&A expenses, and laying the groundwork for vertical integration. Every four y

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ANY_IN_8 [2025-04-02 17:28:36 -0400] 364 Bytes | 74 tokens | Cum: 1807 tkns (22.59% of 8k)
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Sphere 3D Corp., a Bitcoin mining company, has announced its fiscal year 2024 financial results. The year 2024 was considered a period of transition for the company, with a focus on moving away from high-cost hosting partners, reducing SG&A expenses, and preparing for vertical integration, particularly following the Bitcoin halving in the first half of the year.

ANY_OUT_9 [2025-04-02 17:28:37 -0400] 978 Bytes | 299 tokens | Cum: 2106 tkns (26.32% of 8k)
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This is our final list of news.
News AI can literally read just by asking.
Don't miss the breaking news!

B1 - 2024-10-10T07:03:00Z - WOO Innovation Hub and SphereX Partner to Elevate Meme-Driven Decentralized Trading
B2 - 2024-05-02T12:35:05Z - CyberArk (CYBR) Q1 Earnings and Revenues Top Estimates
B3 - 2023-12-20T18:16:08Z - Why Steelcase Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
B4 - 2023-12-05T14:04:20Z - Why GitLab Shares Are Trading Higher By Over 16%; Here Are 20 Stocks Moving Premarket
B5 - 2023-12-04T13:00:51Z - Why Hawaiian Airlines Shares Are Trading Higher By Over 180%; Here Are 20 Stocks Moving Premarket
B6 - 2023-11-08T12:49:59Z - Why American Public Education Shares Are Trading Higher By Around 21%; Here Are 20 Stocks Moving Premarket

Request an article by its reference number. (Ex., "B1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

ANY_IN_10 [2025-04-02 17:28:37 -0400] 2 Bytes | 2 tokens | Cum: 2108 tkns (26.35% of 8k)
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B2

ANY_OUT_11 [2025-04-02 17:28:40 -0400] 586 Bytes | 181 tokens | Cum: 2289 tkns (28.61% of 8k)
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Showing B2 (chunk 1 of 1): B2:
**CyberArk (CYBR) Q1 Earnings and Revenues Top Estimates**Date: Unknown DateSource: Unknown SourceURL: https://www.zacks.com/stock/news/2266752/cyberark-cybr-q1-earnings-and-revenues-top-estimatesCyberArk (CYBR) delivered earnings and revenue surprises of 177.78% and 3.81%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ANY_IN_12 [2025-04-02 17:28:40 -0400] 202 Bytes | 48 tokens | Cum: 2337 tkns (29.21% of 8k)
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CyberArk (CYBR) has reported earnings and revenue surprises of 177.78% and 3.81% respectively during Q1 2024, exceeding estimates. These results may provide insights into the stock's future performance.

ANY_OUT_13 [2025-04-02 17:28:40 -0400] 1109 Bytes | 271 tokens | Cum: 2608 tkns (32.60% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2025-03-28 8-K Item 2.02. Results of Oper and Fin Cond.

On March 28, 2025, we issued a press release announcing our financial results for our fourth fiscal quarter and fiscal year ended December 31, 2024. The information contained in the press release is incorporated herein b...

S2 - 2025-03-28 10-K Item 7. Management's Discussion and Analysis of Fin Cond and Results of Oper

The following discussion and analysis should be read in conjunction with our CONS financial statements and notes included in the Annual Report on Form 10-K. In addition to his...

S3 - 2025-03-18 8-K Item 7.01. Regulation FD Disclosure.

On March 18, 2025, Sphere 3D Corp. issued a press release announcing 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 t...

Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

ANY_IN_14 [2025-04-02 17:28:40 -0400] 2 Bytes | 2 tokens | Cum: 2610 tkns (32.62% of 8k)
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S2

ANY_OUT_15 [2025-04-02 17:28:45 -0400] 1098 Bytes | 234 tokens | Cum: 2844 tkns (35.55% of 8k)
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Showing S2 (chunk 1 of 6): S2:
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis should be read in conjunction with our consolidated financial statements and notes included in the Annual Report on Form 10-K. In addition to historical information, the following discussion contains forward-looking statements that are subject to risks and uncertainties. Actual results may differ substantially from those referred to herein due to a number of factors, including but not limited to risks described in Part I, Item 1A. Risks Factors , and elsewhere in this Annual Report. References to Notes are Notes included in our Notes to Consolidated Financial Statements.

Overview

In January 2022, we commenced operations of our Bitcoin mining business and are dedicated to becoming a leader in the blockchain and cryptocurrency industry. We have estab

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ANY_IN_16 [2025-04-02 17:28:45 -0400] 570 Bytes | 105 tokens | Cum: 2949 tkns (36.86% of 8k)
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The text is a part of the Management's Discussion and Analysis of Financial Condition and Results of Operations. It is important to read this along with the company's consolidated financial statements and notes in the Annual Report on Form 10-K. This section includes forward-looking statements that may vary substantially due to several factors including risks mentioned in Part I, Item 1A. Risks Factors of this Annual Report.

The company started its Bitcoin mining operations in January 2022 and aims to become a leader in the blockchain and cryptocurrency industry.

ANY_OUT_17 [2025-04-02 17:28:55 -0400] 4765 Bytes | 1408 tokens | Cum: 4357 tkns (54.46% of 8k)
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This is our set of metrics.
Please analyze the numbers.

+---------------------+-----------------------+-------------------------+------------------------+
| Volume: 692,786 | Perf Month: -6.80% | Option/Short: Yes / Yes | Sales Y/Y TTM: -24.19% |
+---------------------+-----------------------+-------------------------+------------------------+
| Avg Volume: 424.16K | Perf Quarter: -41.49% | Short Float: 1.43% | ROE: -23.78% |
+---------------------+-----------------------+-------------------------+------------------------+
| Rel Volume: 1.63 | Index: - | Short Ratio: 0.84 | ROI: -24.08% |
+---------------------+-----------------------+-------------------------+------------------------+
| RSI (14): 51.73 | Market Cap: 14.40M | Short Interest: 0.36M | Sales Surprise: -5.79% |
+---------------------+-----------------------+-------------------------+------------------------+
| ATR (14): 0.06 | Shs Outstand: 25.45M | Beta: 3.71 | EPS Surprise: -16.67% |
+---------------------+-----------------------+-------------------------+------------------------+
| SMA20: 11.62% | Shs Float: 24.79M | Sales Q/Q: -65.66% | P/E: - |
+---------------------+-----------------------+-------------------------+------------------------+
| SMA50: -16.01% | Inst Own: 12.10% | Sales past 5Y: 52.66% | Earnings: Mar 28 AMC |
+---------------------+-----------------------+-------------------------+------------------------+
| SMA200: -42.60% | Insider Own: 5.32% | Employees: 4 | |
+---------------------+-----------------------+-------------------------+------------------------+
| Perf Week: 21.36% | Insider Trans: -6.13% | Debt/Eq: 0.00 | |
+---------------------+-----------------------+-------------------------+------------------------+

The next section covers any insider trading.
If this section may be blank due to no recent filings.

Inside Trans: Sphere 3D Corp. (ANY) by Kalbfleisch Kurt L. (Acting CEO and CFO) on 2025-03-14
- Common Stock: 11719 shares at $N/A (D)
- Common Stock: 4212 shares at $0.493 (D)
- Restricted Stock Unit (RSU): 11719 shares at $N/A (D)

Inside Trans: Sphere 3D Corp. (ANY) by Kalbfleisch Kurt L. (SVP and CFO) on 2025-01-29
- Restricted Stock Unit (RSU): 625000 shares at $N/A (D)

Inside Trans: Sphere 3D Corp. (ANY) by Trompeter Patricia (CEO) on 2025-01-29
- Restricted Stock Unit (RSU): 1059783 shares at $N/A (D)

[Company Financial Summary]
[Company Details]
Name: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 16608000.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -9470000.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 0.55
Average Volume: 296691.83
30-Day High: 0.599
30-Day Low: 0.3985

[Detailed Financials: TTM 2024]
- Total Assets: $43,228,000.0
- Total Liabilities: $3,913,000.0
- Total Equity: $39,315,000.0
- Current Assets: $17,787,000.0
- Current Liabilities: $3,895,000.0

[Income Statement: TTM 2024]
- Revenue: $16,608,000.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -0.48

[Cash Flow Statement: TTM 2024]
- Net Cash Flow: $4,839,000.0

[Detailed Financials: FY 2024]
- Total Assets: $43,228,000.0
- Total Liabilities: $3,913,000.0
- Total Equity: $39,315,000.0
- Current Assets: $17,787,000.0
- Current Liabilities: $3,895,000.0

[Income Statement: FY 2024]
- Revenue: $16,608,000.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -0.48

[Cash Flow Statement: FY 2024]
- Net Cash Flow: $4,839,000.0
==== END OF FINANCIAL REPORT ====

You are now requested to make a summary analysis.
Save explaining why you didn't have enough information for the final survey.

Now, complete this report with the following:

1) Brief Summary: explain your findings in succinct wording.
2) MARKET_SCORE: If you calculate a 92% likelihood of an upward moves, say: MARKET_SCORE[92]
3) PRICE_TARGET: If you think the high today will be 50% higher, add to the price.
Eg., If the current price is $5.00, add 50%. Thus, PRICE_TARGET[$7.50] -- It should be at or above the current price.
4) Provide a thought-provoking take, 6-10 words, to use for the headline of this news story.
Like this: AI_RPT_HEADLINE: [6-12 words headline for news story, distilled from summary]

1) Brief Summary, 2) MARKET_SCORE, 3) PRICE_TARGET, and 4) AI_RPT_HEADLINE

ANY_IN_18 [2025-04-02 17:28:55 -0400] 982 Bytes | 229 tokens | Cum: 4586 tkns (57.33% of 8k)
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1) Brief Summary: The company has been underperforming with a significant decrease in sales (-65.66% Q/Q, -24.19% TTM), continued negative performance (-6.80% last month, -41.49% last quarter), and a low return on equity and investment (-23.78% and -24.08% respectively). The insider trading shows that key executives are selling their shares, which often is not a good sign. However, the company has a strong Beta of 3.71, suggesting it's highly volatile and could potentially offer high returns for high-risk investors.

2) MARKET_SCORE[30]: Given the financial indicators and insider trading activity, there's a 30% likelihood of the stock price moving upward.

3) PRICE_TARGET[$0.72]: Considering the volatility and high risk, the price could potentially increase by 30%, making the target price $0.72. This assumes the risk turns into a positive return, which is not guaranteed.

4) AI_RPT_HEADLINE: "High-Risk Stock Struggles Amidst Negative Performance and Insider Selling."

ANY_OUT_19 [2025-04-02 17:28:56 -0400] 676 Bytes | 167 tokens | Cum: 4753 tkns (59.41% of 8k)
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Finally, if more data could have improved your confidence which would you have chosen? **Choose one option:**
-> X0 <- Nothing more would have helped my analysis
-> X1 <- More stock-specific news
-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
-> X3 <- More SEC Insider Trading (Form 3, 4, 5) Direct buys/sells from executives and institutions
-> X4 <- Broader sector & market news
-> X5 <- Your past analysis on similar companies (specify metrics)
-> X6 <- More financial metrics
-> X7 <- Your past analysis on this exact company
-> X8 <- Something altogether different (explain...)

ANY_IN_20 [2025-04-02 17:28:56 -0400] 94 Bytes | 28 tokens | Cum: 4781 tkns (59.76% of 8k)
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-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes

ANY_IN_21 [2025-04-02 17:28:57 -0400] 126 Bytes | 29 tokens | Cum: 4810 tkns (60.12% of 8k)
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[2025-04-02 17:28:57] # Analysis Completed
Elapsed Time: 30.01 seconds




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