户外控股公司2025年季度报告

Outdoor Holding Company (Exact name of registrant as specified in its charter) 83-1950534(I.R.S. Employer Identification No.) Delaware (State or other jurisdictionof incorporation or organization) Title of each class Name of each exchange on which registered Common Stock, $0.001 par value8.75% Series A Cumulative Redeemable PerpetualPreferred Stock, $0.001 par value TheNasdaqStock Market LLCTheNasdaqStock Market LLC Securities registered pursuant to Section 12(g) of the Act:None Indicate by check mark whether the issuer (1) filed all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing 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 Accelerated filer☒Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with 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 May 15, 2025, there were118,744,062sharesoutstanding of the registrant’s common stock. TABLE OF CONTENTS PART I ITEM 1:FINANCIAL STATEMENTS3Condensed Consolidated Balance Sheets as of December 31, 2024 (Unaudited) and March 31, 20243Condensed Consolidated Statements of Operations (Unaudited) for the three and nine months endedDecember 31, 2024 and 20234Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) for the three and nine months PART II ITEM 1:LEGAL PROCEEDINGS40ITEM 1A:RISK FACTORS41 OUTDOOR HOLDING COMPANYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024 NOTE 1 – ORGANIZATION AND BUSINESS ACTIVITY AMMO Inc. is a conglomerate of two premium positions in the shooting sports industry. AMMO Inc. started inammunition manufacturing and broadened its portfolio with the acquisition of GunBroker.com (“GunBroker”) in 2021. GunBrokeris an e-commerce marketplace (the “Marketplace”) that connects buyers and sellers with new/used firearms and ancillary gear andcomponents for the outdoor community. Together, thesetwooperating segments position AMMO Inc. as a key force in both The Company changed its name from AMMO, Inc. to Outdoor Holding Company on April 21, 2025. Unless the contextotherwise requires, all references to "AMMO, Inc.," "Ammo," the "Company," "we," "us," "our" and similar terms refer to AMMO, NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The condensed consolidated financial statements include the accounts of AMMO, Inc. and its wholly owned subsidiaries.All significant intercompany accounts and transactions are eliminated in consolidation. Accounting Basis The accompanying unaudited condensed consolidated financial statements and related disclosures included in thisQuarterly Report on Form 10-Q have been prepared in accordance with accounting principles generally accepted in the UnitedStates of America (“U.S. GAAP”) and reflect all adjustments, which consist solely of normal recurring adjustments, needed to The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the auditedcondensed consolidated financial statements and related disclosures contained in the Company’s Annual Report on Form 10-K forthe year ended March 31, 2024, as amended on July 29, 2024 and as further amended on May 20 ,2025 (as amended, the "Form 10-K/A"). The results for the three and nine months ended December 31, 2024 are not necessarily indicative of the results that may beexpected for the entire fiscal year. Accordingly, certain information and note disclosures normally included in financial statements We use the accrual basis of accounting and U.S. GAAP, and all amounts are expressed in U.S. dollars. The Company has afiscal year-end of March 31st Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates andassumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of thebalance sheet and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those Goodwill We evaluate goodwill for impairment annually or more frequently when an event occurs, or circum