国际电力解决方案 2025年季度报告

Non-accelerated filer☒SmallerreportingcompanyEmerging growth companyIf 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 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☒As of April30, 2025, there were23,008,218outstanding shares of the Common Stock of the registrant. Certain statements contained in this Quarterly Report on Form 10-Q for the three months ended March 31, 2025, (the “QuarterlyReport”) that are not historical facts are intended to constitute “forward-looking statements” entitled to the safe-harbor provisions ofSection 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements may involve risks anduncertainties. These statements often include words such as “anticipate,” “believe,” “budgeted,” “contemplate,” “estimate,”“expect,” “forecast,” “guidance,” “may,” “outlook,” “plan,” “projection,” “should,” “target,” “will,” “would” or similarexpressions, but these words are not the exclusive means for identifying such statements. These forward-looking statements includestatements regarding Power Solutions International, Inc.’s, a Delaware corporation (“Power Solutions,” “PSI” or the “Company”),projected sales, potential profitability and liquidity, strategic initiatives, future business strategies, warranty mitigation efforts and The Company cautions that the risks, uncertainties and other factors that could cause its actual results to differ materially from thoseexpressed in, or implied by, the forward-looking statements include, without limitation, the factors discussed in the Company’s AnnualReport on Form 10-K for the year ended December 31, 2024, and from time to time in the Company’s subsequent filings with theUnited States Securities and Exchange Commission (the “SEC”); the impact of the macro-economic environment in both the U.S. andinternationally on our business and expectations regarding growth of the industry; uncertainties arising from global events (includingthe Russia-Ukraine and Israel-Hamas conflicts), natural disasters or pandemics, and their impact on material prices; the effects ofstrategic investments on our operations, including our efforts to expand our global market share and actions taken to increase salesgrowth; the ability to develop and successfully launch new products; labor costs and other employment-related costs; loss of suppliersand disruptions in the supply of raw materials; the Company’s ability to continue as a going concern; the Company’s ability to raiseadditional capital when needed and its liquidity; uncertainties around the Company’s ability to meet funding conditions under itsfinancing arrangements and access to capital thereunder; the potential acceleration of the maturity at any time of the loans under theCompany’s uncommitted revolving credit agreement through the exercise by any lender of its demand right in its Revolving CreditAgreement; the impact of rising interest rates; changes in economic conditions, including inflationary trends in the price of rawmaterials; our reliance on information technology and the associated risk involving potential security lapses and/or cyber-attacks; theability of the Company to accurately forecast sales, and the extent to which sales result in recorded revenues; changes in customerdemand for the Company’s products; volatility in oil and gas prices; the impact of U.S. tariffs on imports and exports; the impact ofsupply chain interruptions and raw material shortages, including compliance disruptions such as the Uyghur Forced LaborPrevention Act (the “UFLPA”) delaying goods from China; the potential impact of higher warranty costs and the Company’s ability tomitigate such costs; any delays and challenges in recruiting and retaining key employees consistent with the Company’s plans; thepotential effects of damage to our reputation or other adverse consequences if our employees, suppliers, sub-suppliers or othercontract parties, agents or business partners violate anti-bribery, competition, export and import, trade sanctions, data privacy,environmental, human rights or other laws; and the impact of unanticipated changes in our effective tax rate, the adoption of new taxlegislation or exposure to additional income tax liabilities.The Company’s forward-looking statements are presented as of the date hereof. Except as required by law, the Company expresslydisclaims any intention or obligation to revise or update any forward-looking statements, whether as a result of new information, The Company is subject to the reporting and information requirements of the Exchange Act, and as a result, it is obligated to fileannual, quarterly and current reports, proxy and information statements and other information with the SEC. The Company