Here are the 10-Q quarterly reports from Springbig Holdings Inc WTS (SBIGW) in our archive since June 2025, 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 SBIGW 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 SBIGW 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.