Ribbon Communications Inc 2025年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF1934 For the quarterly period endedJune30,2025 or TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF1934 For the transition period fromto (State or other jurisdiction ofincorporation or organization) (978)614-8100(Registrant’s telephone number, including area code)N/A(Former name, former address and former fiscalyear, if changed since last report) Securities registered pursuant to Section12(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 theSecurities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to filesuch reports), and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorterperiod 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, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☒Non-acceleratedfiler☐Smallerreportingcompany☐Emerging growthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act)☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the ExchangeAct).Yes☐No☒ As of July18, 2025, there were177,081,847shares of the registrant’s common stock, $0.0001 par value per share,outstanding. RIBBON COMMUNICATIONSINC.FORM10-QQUARTERLY PERIOD ENDED JUNE30,2025TABLE OF CONTENTS Item Cautionary Note Regarding Forward-Looking Statements3PART I FINANCIAL INFORMATION 1.Financial Statements Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024(unaudited) Condensed Consolidated Statements of Comprehensive Loss for the Three and Six MonthsEnded June 30, 2025 and 2024 (unaudited) Condensed Consolidated Statements of Stockholders’ Equity for the Three and Six MonthsEnded June 30, 2025 and 2024 (unaudited) PART II OTHER INFORMATION 1.Legal Proceedings551A.Risk Factors552.Unregistered Sales of Equity Securities and Use of Proceeds555.Other Information566.Exhibits57Signatures58 Cautionary NoteRegarding Forward-Looking Statements This Quarterly Report on Form10-Q contains “forward-looking statements” within themeaning of the U.S. Private Securities Litigation Reform Act of 1995, which are subject to anumber of risks and uncertainties. All statements other than statements of historical factscontained in this report, including statements regarding the effect of U.S. tariffs and the responsesfrom other countries, future expenses and restructuring activities and the anticipated benefitsthereof, results of operations and financial position, capital structure, impacts from the wars inUkraine and Israel, financial sanctions and trade restrictions, beliefs about our business strategy,availability of components for the manufacturing of our products, ongoing litigation, plans andobjectives of management for future operations and manufacturing are forward-lookingstatements. Without limiting the foregoing, the words “anticipates”, “believes”, “could”,“estimates”, “expects”, “intends”, “may”, “plans”, “seeks” and other similar language, whether inthe negative or affirmative, are intended to identify forward-looking statements, although not allforward-looking statements contain these identifying words. Forward-looking statements arebased on our current expectations and assumptions regarding our business, the economy and otherfuture conditions. Because forward-looking statements relate to the future, they are subject toinherent uncertainties, risks and changes in circumstances that are unknown and/or difficult topredict and that may cause our actual results, performance or achievements to be materiallydifferent from those expressed or implied by the forward-looking statements. Such risks anduncertainties include, but are not limited to, unpredictable fluctuations in quarterly revenue andoperating results; the impact of restructuring and cost-containment activities; increases in tariffs,trade restrictions or taxes on our products; supply chain disruptions resulting from componentavailability and/or geopolitical instabilities and disputes (including those related to the wars inIs