Looks good. I would say it's a new growth, Sophronitis are related to Catts, and bloom from a sheath at the top of the bulb. You can see an old spike on the front bulb.
Sophronitis cernua will bloom on the new growths when the leaves unfold. The buds are contained inside the leaves while they mature. It is easy to grow and bloom, and can handle warmer temperatures than s.coccinea and dryer conditions.