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Annual · values2025202420232022202120202019
Operating Cash Flow-33.33 M USD-55.96 M USD-33.27 M USD-41.68 M USD-35.88 M USD-27.52 M USD-12.62 M USD
Depreciation & Amortization21000 USD46000 USD70000 USD74000 USD68000 USD36000 USD12000 USD
Stock-Based Compensation2.57 M USD5.35 M USD4.62 M USD3.63 M USD3.96 M USD755000 USD196000 USD
Capital Expenditures0 USD7000 USD8000 USD93000 USD74000 USD4000 USD
Cash Flow from Investing0 USD55.78 M USD23.69 M USD-79.17 M USD-74000 USD-4000 USD
Cash Flow from Financing43.48 M USD-1.62 M USD49.14 M USD-241000 USD643000 USD181.03 M USD12.43 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-55.96 M USD-33.28 M USD-41.69 M USD-35.97 M USD-27.59 M USD-12.62 M USD

Spruce Biosciences Inc. is a late-stage biopharmaceutical company dedicated to developing and commercializing novel therapies for rare neurological and endocrine disorders with significant unmet medical needs. Its lead program, tralesinidase alfa enzyme replacement therapy (TA-ERT), targets Sanfilippo Syndrome Type B (MPS IIIB), an ultra-rare, progressive, and fatal genetic disorder lacking FDA-approved treatments. Clinical data demonstrate TA-ERT's ability to profoundly reduce cerebral spinal fluid heparan sulfate non-reducing end (CSF HS-NRE), stabilize cognition, and preserve cortical grey matter volume, with the U.S. FDA granting Breakthrough Therapy Designation and confirming CSF HS-NRE as a surrogate biomarker. The company is advancing toward a biologics license application submission. Spruce Biosciences Inc. also pursues tildacerfont, a non-steroidal therapy for congenital adrenal hyperplasia aimed at enhancing disease control and reducing steroid dependency, alongside explorations in major depressive disorder and polycystic ovary syndrome through collaborations. Founded in 2014 and headquartered in South San Francisco, California, Spruce Biosciences Inc. operates in the rare disease space, emphasizing innovative treatments for patients with limited options.