Sphere 3D Financial Health

Short Term Liabilities: ANY's short term assets ($29.3M) exceed its short term liabilities ($4.1M).

Long Term Liabilities: ANY's short term assets ($29.3M) exceed its long term liabilities ($1.1M).

Debt Level: ANY is debt free.

Reducing Debt: ANY has no debt compared to 5 years ago when its debt to equity ratio was 316.9%.

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ANY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ANY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 53.3% each year

• Healthy companies in the Software industry.