Document And Entity Information - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Mar. 25, 2022 |
Jun. 30, 2021 |
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| Document Information [Line Items] | |||
| Document Type | 10-K/A | ||
| Amendment Flag | true | ||
| Amendment Description | Spire Global, Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-K/A (“Form 10-K/A”) to its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the “Original Form 10-K”), as originally filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 30, 2022, to amend and restate the Original Form 10-K as further described below.As disclosed in the Company’s Current Report on Form 8-K, as filed with the SEC on October 25, 2022, the Company is restating its previously issued audited consolidated financial statements as of and for the fiscal year ended December 31, 2021. Subsequent to the filing of the Original Form 10-K, the Company discovered that an incorrect number had been used in the calculation of the fair value of the contingent earnout liability following the consummation of the reverse capitalization transaction on August 16, 2021. As a result, the Company’s contingent earnout liability was overstated by approximately $1.3 million as of December 31, 2021. For the three months ended December 31, 2021, the gain recorded on the change in fair value of the contingent earnout liability, total other income (expense), net, income before income taxes, and net income were each understated by approximately $4.6 million. For the three months ended December 31, 2021, basic and diluted net income per share were understated by $0.04 and by $0.03, respectively. For the fiscal year ended December 31, 2021 the gain recorded on the change in fair value of contingent earnout liability and total other income (expense), net were each overstated by approximately $18.8 million, while loss before income taxes and net loss were each understated by $18.8 million. For the fiscal year ended December 31, 2021, basic and diluted net loss per share were understated by $0.30. As a result of the error, the Company’s previously issued audited consolidated financial statements as of and for the fiscal year ended December 31, 2021 and the unaudited financial information for the three months ended December 31, 2021 were materially misstated and are being restated in this Form 10-K/A.This Form 10-K/A is presented as of the filing date of the Original Form 10-K, does not reflect events occurring after that date, and does not modify or update disclosures in any way other than as required to reflect the fiscal year 2021 restatement described below. Accordingly, this Form 10-K/A should be read in conjunction with the Company’s filings with the SEC subsequent to the date on which the Company filed the Original Form 10-K.This Form 10-K/A sets forth the Original Form 10-K in its entirety, as amended to reflect the restatement. Among other things, forward-looking statements made in the Original Form 10-K have not been revised to reflect events that occurred or facts that became known to the Company after the filing of the Original Form 10-K, and such forward-looking statements should be read in their historical context.The following items have been amended as a result of the restatement:Part I, Item 1A, “Risk Factors,”Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,”Part II, Item 8, “Financial Statements and Supplementary Data,” andPart II, Item 9A, “Controls and Procedures.”In accordance with applicable SEC rules, this Form 10-K/A includes an updated signature page and certifications of the Company’s Chief Executive Officer and Chief Financial Officer in Exhibits 31.1, 31.2 and 32.1 as required by Rule 12b-15.Refer to Note 2, “Summary of Significant Accounting Policies”, and Note 16, "Restatement of Previously Issued Unaudited Condensed Consolidated Financial Statements" of the Notes to Consolidated Financial Statements of this Form 10-K/A for additional information and for the summary of the accounting impacts of the restatement of the Company’s consolidated financial statements.The Company has concluded its disclosure controls and procedures as of December 31, 2021 remained ineffective due to the unremediated material weaknesses previously disclosed in Part II, Item 9A “Controls and Procedures” of the Original Form 10-K, as well as the identification of an additional material weakness in internal control over financial reporting related to the error described above. See additional disclosure included in Part II, Item 9A of this Form 10-K/A. | ||
| Document Period End Date | Dec. 31, 2021 | ||
| Document Fiscal Year Focus | 2021 | ||
| Document Fiscal Period Focus | FY | ||
| Entity Registrant Name | SPIRE GLOBAL, INC. | ||
| Entity Central Index Key | 0001816017 | ||
| Entity Current Reporting Status | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Interactive Data Current | Yes | ||
| Current Fiscal Year End Date | --12-31 | ||
| Entity Filer Category | Non-accelerated Filer | ||
| Entity Well-known Seasoned Issuer | No | ||
| Entity Public Float | $ 229,540,000 | ||
| ICFR Auditor Attestation Flag | false | ||
| Entity Shell Company | false | ||
| Entity Small Business | true | ||
| Entity Emerging Growth Company | true | ||
| Entity Ex Transition Period | false | ||
| Entity File Number | 001-39493 | ||
| Entity Incorporation, State or Country Code | DE | ||
| Entity Tax Identification Number | 85-1276957 | ||
| Entity Address, Address Line One | 8000 Towers Crescent Drive | ||
| Entity Address, Address Line Two | Suite 1100 | ||
| Entity Address, City or Town | Vienna | ||
| Entity Address, State or Province | VA | ||
| Entity Address, Postal Zip Code | 22182 | ||
| City Area Code | 202 | ||
| Local Phone Number | 301-5127 | ||
| Document Annual Report | true | ||
| Document Transition Report | false | ||
| Auditor Firm ID | 238 | ||
| Auditor Name | PricewaterhouseCoopers LLP | ||
| Auditor Location | San Francisco, California | ||
| Documents Incorporated by Reference [Text Block] |
Portions of the registrant’s Definitive Proxy Statement relating to the 2022 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such Definitive Proxy Statement will be filed with the Securities and Exchange Commission within 120 days after the end of the registrant’s fiscal year ended December 31, 2021. |
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| Common Class A [Member] | |||
| Document Information [Line Items] | |||
| Entity Common Stock, Shares Outstanding | 139,471,238 | ||
| Title of 12(b) Security | Class A common stock, par value of $0.0001 per share | ||
| Trading Symbol | SPIR | ||
| Security Exchange Name | NYSE | ||
| Common Class B [Member] | |||
| Document Information [Line Items] | |||
| Entity Common Stock, Shares Outstanding | 12,058,614 | ||
| Warrant [Member] | |||
| Document Information [Line Items] | |||
| Title of 12(b) Security | Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share | ||
| Trading Symbol | SPIR.WS | ||
| Security Exchange Name | NYSE |