Weave Communications Inc 2025年季度报告

Washington, D.C. 20549 FORM10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2025or ☐TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number:001-40998 Weave Communications, Inc.(Exact name of registrant as specified in its charter) 26-3302902 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification Number) 1331 West Powell WayLehi,Utah84043(Address of principal executive offices, including zip code) (385)331-4164(Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on whichregistered: New York Stock Exchange Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (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 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (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, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. 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 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 August 4, 2025, the registrant had77,036,187shares of common stock, par value $0.00001 per share, outstanding. WEAVE COMMUNICATIONS, INC. Item 1.Financial Statements (Unaudited)1Condensed Consolidated Balance Sheets1Condensed Consolidated Statements of Operations and Comprehensive Loss2Condensed Consolidated Statements of Stockholders’ Equity3Condensed Consolidated Statements of Cash Flows5Notes to the Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations22Item 3.Quantitative and Qualitative Disclosures About Market Risk40Item 4.Controls and Procedures40PART II.OTHER INFORMATIONItem 1.Legal Proceedings41Item 1A.Risk Factors42Item 5.Other Information86Item 6.Exhibits87Signatures88 Special Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements. All statements contained in this Quarterly Report onForm 10-Q other than statements of historical fact, including statements regarding our future results of operations, financialposition, market size and opportunity, our business strategy and plans, the factors affecting our performance and our objectives forfuture operations, are forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, asamended, and the Securities Exchange Act of 1934, as amended. The words “believe,” “may,” “will,” “estimate,” “continue,”“anticipate,” “intend,” “could,” “would,” “expect,” “objective,” “plan,” “potential,” “seek,” “grow,” “target,” “if” and similar expressionsare intended to identify forward-looking statements. We have based these forward-looking statements largely on our currentexpectations and projections about future events and trends that we believe may affect our financial condition, results ofoperations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in the section titled“Risk Factors” listed under Part II, Item 1A of this Quarterly Report on Form 10-Q and in our other filings with the Securities andExchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge fromtime to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our businessor the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained inany forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trendsdiscussed in this Quarter