Westrock Coffee Co 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period endedMarch31, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACTOF 1934 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 during thepreceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past90days.Yes☒No◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T(§232.405 of this chapter)during the preceding 12months (or for such shorter period that the registrant was required to submit such files).Yes⌧No◻ 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 emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 ofthe Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial 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 Rule12b-2 of the Exchange Act). Yes☐No⌧ As of May 2, 2025, the Registrant had94,641,176shares of common stock, par value $0.01 per share, outstanding. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q includes forward-looking statements as defined under U.S.federal securities laws. Forward-looking statements include all statements that are not historicalstatements of fact and statements including, but not limited to, the following statementsregarding our expectations, hopes, beliefs, intentions or strategies regarding the future, ourexpectations regarding the build-out of operations (including the installation of a second ready-to-drink can line) and commercialization of customers within the anticipated time frame of ourConway, Arkansas facility and our ability to sell or commit capacity; our expectations regardingcapital expenditures;andour future liquidity needs and access to capital. In addition, anystatements that refer to projections, forecasts, or other characterizations of future events orcircumstances, including any underlying assumptions, are forward-looking statements. Thewords “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,”“possible,” “potential,” “predict,” “project,” “would,” and similar expressions may identifyforward-looking statements, but the absence of these words does not mean that a statement is notforward-looking. Forward-looking statements are predictions, projections and other statementsabout future events that are based on current expectations and assumptions and, as a result, aresubject to significant risks and uncertainties. Forward-looking statements speak only as of thedate they are made. Readers are cautioned not to put undue reliance on forward-lookingstatements, and we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. There are or will be important factors that could cause our actual results to differ materially fromthose indicated in these forward-looking statements, including, but not limited to, risks related tothe following: ●the fact that we have incurred net losses in the past, may incur net losses in the future,and may not achieve profitability;●risks associated with operating a coffee trading business and a coffee exportingbusiness;●the volatility and increases in the cost of green coffee, tea and other ingredients andpackaging, and our inability to pass these costs on to customers;●our inability to secure an adequate supply of key raw materials, including green coffeeand tea, or disruption in our supply chain;●deterioration in general macroeconomic conditions and/or decreases in consumerspending on discretionary items;●disruption in operations at any of our, our suppliers’ or our co-manufacturers’production, distribution or manufacturing facilities or other loss of manufacturingcapacity;●our inability to anticipate customer preferences and successfully develop new products;●climate change, which may increase commodity costs, damage our facilities and disruptour production capabilities and supply chain;●failure to retain key personnel or recruit qualified personnel;●our inability to hedge commodity risks;●consolidation among our distributors and customers or the loss of any key