DIRTT Environment Solutions Limited 2025年季度报告

N/A(IRS EmployerIdentification No.)T2C 1N6(Zip code) Securities registered pursuant to Section 12(b) of the Exchange Act: None Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No The registrant had189,576,796common shares outstanding as of April 29, 2025. DIRTT ENVIRONMENTAL SOLUTIONS LTD.FORM 10-QFOR THE QUARTER ENDEDMARCH 31, 2025 Cautionary Statement Regarding Forward-Looking Statements PART I – FINANCIAL INFORMATION PART II – OTHER INFORMATION Item 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. Exhibits CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (this “QuarterlyReport”) are “forward-looking statements” within the meaning of “safe harbor” provisions of the United States Private SecuritiesLitigation Reform Act of 1995, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and“forward-looking information” within the meaning of applicable Canadian securities laws. All statements, other than statements ofhistorical fact included in this Quarterly Report, regarding our strategy, future operations, financial position, estimated revenuesand losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in thisQuarterly Report, the words “anticipate,” “believe,” “expect,” “estimate,” “intend,” “plan,” “project,” “outlook,” “may,” “will,” Forward-looking statements necessarily involve unknown risks and uncertainties, which could cause actual results oroutcomes to differ materially from those contained in, or expressed or implied by such statements. Due to the risks, uncertaintiesand assumptions inherent in forward-looking information, you should not place undue reliance on forward-looking statements.Factors that could have a material adverse effect on our business, financial condition, results of operations and growth prospectscan be found in the section titled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, filed •the effects of tariffs or other trade barriers on exports or imports to and from Canada and the U.S., and retaliatorymeasures in response thereto, including potential increases in the cost of our raw materials and ultimately our products;•general economic and business conditions in the jurisdictions in which we operate, including potential recession risks inNorth America;•our ability to successfully implement the Company’s strategic transformation plan to grow DIRTT’s revenue and manageprofitability;•inflation and material fluctuations of commodity prices, including raw materials, and our ability to set prices for ourproducts that satisfactorily adjust for inflation, tariffs, and fluctuations in commodity prices;•shortages of supplies of certain key components and materials or disruption in supplies due to global events;•volatility of our share price and potentially limited liquidity for U.S. investors due to our common shares being quoted onthe “OTC Pink Tier”;•the availability of capital or financing on acceptable terms, or at all, which may impact our liquidity and impair ourability to make investments in the business;•turnover of our key executives and difficulties in recruiting or retaining key employees;•our ability to generate sufficient revenue to achieve and sustain profitability and positive cash flows;•our ability to attract, train and retain qualified hourly labor on a timely basis to increase overall productive capacity inour manufacturing facilities to e