RCM Technologies Inc 2025年季度报告

FORM10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedSeptember 27, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission file number:1-10245 RCM TECHNOLOGIES, INC.(Exact Name of Registrant as Specified in Its Charter) Nevada95‐1480559(State or other Jurisdiction of Incorporation)(I.R.S. Employer Identification No.) 2500 McClellan Avenue, Suite 350,Pennsauken,New Jersey08109-4613(Address of Principal Executive Offices)(Zip Code) (856)356-4500(Registrant’s Telephone Number, Including Area Code) 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 Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject tosuch 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 be submitted pursuant to Rule405of RegulationS-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company oran emerging growth company. (See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act). (Check one):SmallerEmerging Large Accelerated Filer☐Accelerated Filer☒Non-Accelerated Filer☐ReportingCompany☒GrowthCompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew 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☒ Indicate the number of shares outstanding of the Registrant’s class of common stock, as of the latest practicable date. Common Stock, $0.05 par value,7,410,510shares outstanding as of November 5, 2025. Table of Contents PART I - FINANCIAL INFORMATION PageItem 1.Condensed Consolidated Financial StatementsCondensed Consolidated Balance Sheets as of September 27, 2025 (Unaudited)and December 28, 20244Unaudited Condensed Consolidated Statements of Operations for theThirteen and Thirty-Nine Weeks Ended September 27,2025 and September 28, 20245Unaudited Condensed Consolidated Statements of Comprehensive Incomefor the Thirty-Nine Weeks Ended September 27,2025 and September 28, 20246Unaudited Condensed Consolidated Statements of Changes in Stockholders’Equityfor the Thirty-Nine Weeks EndedSeptember 27, 2025 and September 28, 20247Unaudited Condensed Consolidated Statements of Cash Flows for theThirty-Nine Weeks Ended September 27, 2025 andSeptember 28, 20249Notes to Unaudited Condensed Consolidated Financial Statements10Item 2.Management’s Discussion and Analysis of Financial Conditionand Results of Operations30Item 3.Quantitative and Qualitative Disclosures About Market Risk48Item 4.Controls and Procedures48PART II - OTHER INFORMATIONItem 1.Legal Proceedings49Item 1A.Risk Factors49Item 2.Unregistered Sales of Equity Securities and Use of Proceeds49Item 3.Defaults Upon Senior Securities49Item 4.Mine Safety Disclosures49Item 5.Other Information49Item 6.Exhibits50Signatures512 CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This report and documents incorporated by reference into it may contain forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are not historical facts but ratherare based on current expectations, estimates and projections about our business and industry, and our beliefs and assumptions. Words such as“believes,” “anticipates,” “plans,” “expects,” “will,” “goal,” and similar expressions are intended to identify forward-looking statement. Theinclusion of forward-looking statements should not be regarded as a representation by us that any of our plans will be achieved. We undertake noobligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Suchforward-looking information is also subject to various risks and uncertainties. Such risks and uncertainties include, but are not limited to, risksarising from our having a significant portion of our condensed consolidated revenues contributed by a concentrated group of customers; credit andcollection risks; our claim experience related to work