户外控股公司2025年季度报告

For the transition period from ________ to ________Commission File Number:001-13101 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 growth company” in Rule 12b-2 of the Exchange Act.Accelerated filer☒ Emerging growth 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 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 EXHIBITSSIGNATURES 2 Employee stock awards--369,583Common stock purchase options---Repurchase of common shares--(66,082)(1) 8OUTDOOR HOLDING COMPANYCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW(Unaudited)For the Nine Months EndedDecember 31,20242023Supplemental cash flow disclosures:Cash paid during the period for:Interest$534,787$$-$Non-cash investing and financing activities:Insurance premium note payment$2,402,436$1,056,199Dividends accumulated on preferred stock$144,618$Operating lease liability$-$1,214,711The accompanying notes are an integral part of these condensed consolidated financial statements. December 31, 2024(Unaudited) Inc., a Delaware corporation, and its consolidated subsidiaries.NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 BasisThe 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 fairly present the financial results for these periods. Additionally, these condensed consolidated financial statements and relateddisclosures are presented pursuant to the rules and regulations of the Securities Exchange Commission (the “SEC”).The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited condensed 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 prepared in accordance with U.S. GAAP have been omitted pursuant to the rules and regulations of the SEC. In the opinion of adjustments necessary to fairly present the condensed consolidated balance sheets and statements of operations, cash flow andchanges in stockholders’ equity of the Company for the interim periods presented. 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 assumptions 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 thoseestimates. Significant estimates made in preparing the condensed consolidated financial statements include the valuation ofallowances for credit losses, valuation of deferred tax assets, inventories, useful lives of assets, goodwill, intangible assets, stock-based compensation, and warrant-based compensation. not, we perform a two-step impairment test. We test goodwill for impairment under the two-step impairment test by first comparing the book value of net assets to the fair value of the reporting unit. If the fairvalue is determined to be less than the book value or qualitative factors indicate that it is more likely than not that goodwill isimpaired, a second step is performed to compute the amount of impairment as the difference between the estimated fair value ofgoodwill and the carrying value. We estimate the fair value of the reporting units using discounted cash flow. Forecasts of futurecash flow are based on our best estimate of future net sales and operating expenses, based primarily on expected category and market capitalization decline was not indicative of a decrease in the fair value of our Marketplace segment a