Bonk Inc 2025年季度报告

Form10-Q BONK, INC. (Exact name of registrant as specified in charter) 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 Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be 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 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith 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 Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. FORM 10-QTABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations2Item 3.Quantitative and Qualitative Disclosures About Market Risk9 PART I - FINANCIAL INFORMATION This Quarterly Report on Form 10-Q includes the accounts of Bonk, Inc., a Delaware corporation (“Bonk”). References in this Reportto “we”, “our”, “us” or the “Company” refer to Bonk, Inc. and its consolidated subsidiaries unless the context dictates otherwise. FORWARD LOOKING STATEMENTS Certain statements in this report, including information incorporated by reference, are “forward-looking statements” within themeaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and thePrivate Securities Litigation Reform Act of 1995, as amended. Forward-looking statements reflect current views about future events andfinancial performance based on certain assumptions. They include opinions, forecasts, intentions, plans, goals, projections, guidance,expectations, beliefs or other statements that are not statements of historical fact. Words such as “will,” “may,” “should,” “could,” “would,”“expects,” “plans,” “believes,” “anticipates,” “intends,” “estimates,” “approximates,” “predicts,” “forecasts,” “potential,” “continue,” or Although forward-looking statements in this Quarterly Report on Form 10-Q reflect the good faith judgment of our management, suchstatements can only be based on facts and factors currently known by us. Consequently, forward-looking statements are inherently subject torisks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in or anticipated by theforward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, without limitation, thosespecifically addressed under the heading “Risk Factors” below, as well as those discussed elsewhere in this Quarterly Report on Form 10-Q.Readers are urged not to place undue reliance on these forward- looking statements, which speak only as of the date of this Quarterly Report onForm 10-Q. We file reports with the Securities and Exchange Commission (“SEC”). The public can read and copy any materials we file with We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that mayarise after the date of this Quarterly Report on Form 10-Q. Readers are urged to carefully review and consider the various disclosures madethroughout the entirety of this Quarterly Report on Form 10-Q, which attempt to advise interested parties of the risks and factors that may affect Bonk, Inc. Bonk, Inc.Consolidated Statement of Shareholders’ Equity (Deficit) BONK, INC.Notes to Financial Statements Note 1 -Organization and Business Operations Bonk, Inc. (NASDAQ: BNKK) was formerly known as Safety Shot, Inc., and prior to that, Jupiter Wellness, Inc. In August 2023 the Companyacquired certain assets of GBB Drink Lab Inc which included the blood alcohol reduction drink Sure Shot (the “Sure Shot DietarySupplement”), an over-the-counter drink that can lower blood alcohol content to allow recovery from the effects of alcohol by supporting its On January 8, 2025, the Company entered into an Arrangement Agreement on January 7, 2025 (the “Arrangement Agreement”) with YerbaéBrands Corp. (“Yerbaé”), pursuant to which the Company agreed, among other things, to acquire all of the issu