Sphere 3D Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 2.52 million compared to USD 0.747 million a year ago.

Revenue was USD 3.03 million compared to USD 1.37 million a year ago. Net loss was USD 3.51 million compared to USD 14.65 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 1.61 a year ago.