Every 10-Q that SPRINGBIG HLDGS INC (SBIG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SBIG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SBIG filings page.
SpringBig Holdings, Inc. (SBIG) reported a shrinking software business for the quarter ended June 30, 2026 and, after a July 2026 reorganization, no longer owns its prior operating subsidiary SpringBig, Inc. Net revenue fell to $4.4 million from $5.8 million year over year, while gross margin compressed to about 65% as messaging and platform costs consumed a larger share of sales. Aggressive cost cuts reduced operating expenses 43%, leaving operating loss nearly breakeven at $19 thousand, but heavy default-rate interest on secured notes drove a net loss of $2.4 million.
Liquidity remains very weak: cash was $0.3 million and working capital deficit $15.5 million, leading management to state substantial doubt about SBIG’s ability to continue as a going concern. Subsequent to quarter-end, SBIG transferred all equity in SpringBig, Inc. to a creditor affiliate, was released from about $12.5 million of secured debt and accrued interest, and received roughly $172 thousand in cash. The company is now effectively a reporting shell evaluating strategic business combinations; if it cannot complete a transaction, it expects it will likely liquidate and wind up its affairs.
SpringBig Holdings provides loyalty and marketing software to cannabis retailers and brands. For the quarter ended March 31, 2026, revenue was $5.4 million, down slightly from $5.5 million a year earlier as subscription revenue was flat and usage-based revenue softened. Gross profit fell to $3.6 million from $4.3 million, mainly from higher messaging costs tied to a revised agreement with the company’s largest vendor.
Operating expenses declined 21% to $3.7 million after restructuring and tighter cost control, narrowing the net loss to $0.5 million from $0.8 million. Adjusted EBITDA was $0.1 million, down from $0.3 million. Cash stood at $1.3 million, but the company reported a $13.2 million working capital deficit and reclassified its $9.8 million of secured notes as current liabilities.
Management disclosed substantial doubt about the ability to continue as a going concern. In April 2026, holders of the 2024 Secured Convertible and Term Notes delivered a Notice of Default, giving them rights to accelerate repayment and potentially foreclose on assets, although they have not yet exercised these remedies.
SpringBig Holdings (SBIG) filed its Q3 2025 10‑Q, showing a return to profitability on tighter costs. Net revenues were $5.871 million versus $6.144 million a year ago, while gross margin improved to 74%. Operating income reached $563,000 and net income was $219,000, compared with a net loss of $554,000 last year. Adjusted EBITDA was $889,000.
Cash and cash equivalents were $1.532 million and the company reported a working capital deficit of about $2.0 million. Long‑term debt totaled $9.219 million, and Q3 interest expense was $335,000 ($976,000 year‑to‑date). Management states current liquidity is sufficient for at least the next twelve months. The quarter included completion of the ViceCRM acquisition (recording $17,000 goodwill) and a shift to a smaller office lease, lowering facilities costs. Disclosed matters include customer/vendor concentration and a PPP Loan investigation with a potential contingent loss up to $1.6 million.