Beam Global 2025年季度报告

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 Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying 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☒ TABLE OF CONTENTS PART IFINANCIAL INFORMATION Item 1.Financial Statements (Unaudited) Condensed Consolidated Balance Sheets at March 31, 2025 and December 31, 2024Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three Months EndedMarch 31, 2025 and 2024Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three Months EndedMarch 31, 2025 and 2024 Beam GlobalCondensed Consolidated Statement of Operations and Comprehensive Loss 1.NATURE OF OPERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTINGPOLICIES Nature of Operations References in this Report to “we,” “us,” “our,” the “Company” or “Beam” meansBeam Global, a Nevada corporation, and its Beam is a clean-technology innovation company headquartered in San Diego, California with factories in the U.S. in SanDiego, California and Broadview, Illinois and in Europe in Belgrade and Kraljevo, Serbia. We develop, design, engineer, manufacture,and sell high-quality, renewably energized infrastructure products for electric vehicle (“EV”) charging, infrastructure for Smart Cities(the interconnected physical and digital elements within a city that utilize technology to enhance efficiency, sustainability, and qualityof life for residents), energy security and disaster preparedness and highly energy-dense battery solutions in safe, compact and uniqueform-factors. Additionally, we manufacture steel structures with electronic integration such as street lighting, cell towers and energy Beam’s products and proprietary technology solutions target the following markets: ·Energy security and disaster preparedness; ·Smart Cities infrastructure; ·Energy storage solutions; ·EV charging infrastructure; ·Transportation infrastructure products; and·Power electronics and telecommunications equipment Basis of Presentation The interim unaudited condensed consolidated financial statements included herein have been prepared in accordance withaccounting principles generally accepted in the United States (“GAAP”) for interim financial statements and are in the form prescribedby the Securities and Exchange Commission in instructions to Form 10-Q and Rule 10-01 of Regulation S-X. In management’sopinion, all adjustments (consisting of normal recurring adjustments and reclassifications) necessary to present fairly our results of Certain information and disclosures normally included in the notes to the annual financial statements have been condensed oromitted from these interim financial statements. Accordingly, these interim unaudited condensed consolidated financial statements Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States ofAmerica requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities anddisclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expensesduring the reporting period. Actual results could differ from those estimates. Significant estimates in the accompanying financial Recent Accounting Pronouncements Recent pronouncement not yet adopted In October 2023, the FASB issued ASU 2023-06, “Disclosure Improvements” (“ASU 2023-06”), which amends thedisclosureor presentation requirements related to various subtopics in the FASB Accounting Standards Codification(the“Codification”). The ASU was issued in response to the SEC’s disclosure update and simplification initiative issued in August 2018. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income TaxDisclosures” (“ASU 2023-09”). ASU 2023-09 requires disaggregated information about a company’s effective tax rate reconciliationand information on income taxes paid. This standard will be effective for Beam beginning with our annual financial statements for thefiscal year ending December 31, 2025. Early adoption is permitted. The Company is curr