Via Transportation Inc-A 2025年季度报告

(Mark One) OR VIA TRANSPORTATION, INC. (Exact name of registrant as specified in its charter)_________________________ 45-5372621(I.R.S. EmployerIdentification No.)10011(Zip Code) Registrant’s telephone number, including area code: (917)877-0915 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 of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days. Yeso Nox Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yesx Noo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" inRule 12b-2 of the Exchange Act. Large accelerated fileroNon-accelerated filerxEmerging growth companyx 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 orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yeso Nox As of October 31, 2025, there were77,144,637shares of the registrant’s Class A common stock and3,846,183shares of the registrant’s Class B commonstock, each with a par value of $0.00001 per share, outstanding. Table of Contents Part I - Financial Information Item 1.Financial Statements1Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations18Item 3.Quantitative and Qualitative Disclosures About Market Risk31Item 4.Controls and Procedures32 Part II - Other Information Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits 33357272727374Signatures76 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements that reflect our current views with respect to, among otherthings, future events and our future business, financial condition, results of operations, and prospects. These statements are often, but notalways, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,”“expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would,” and “outlook,” or the negative version ofthose words or phrases or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements arenot statements of historical fact, and are based on current expectations, estimates, and projections about our industry as well as certainassumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. These forward-lookingstatements are subject to a number of known and unknown risks, uncertainties, and assumptions, which you should consider and readcarefully, including but not limited to, the matters discussed in the section titled “Part II – Other Information – Item 1A. Risk Factors,” andelsewhere in this Quarterly Report on Form 10-Q. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for us topredict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor or combination of factors maycause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks,uncertainties, and assumptions, the future events and trends discussed in this Quarterly Report on Form 10-Q, and our future levels ofactivity and performance, may not occur and actual results could differ materially and adversely from those described or implied in theforward-looking statements. As a result, you should not regard any of these forward-looking statements as a representation or warranty byus or any other person or place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as ofthe date on which it is made, and we do not undertake any obligation to publicly update or revise any forward-looking statement, whether asa result of new information, future developments