高斯电子 2026年季度报告

Form 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934for the quarterly period ended December 31, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934Commission File Number 0-3295 KOSS CORPORATION(Exact Name of Registrant as Specified in its Charter) Registrant’s telephone number, including area code:(414) 964-5000 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 SecuritiesExchange Act of 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 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 be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit and post such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐ Non-accelerated filer☑ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying 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☑At January 26, 2026, there were 9,466,438shares outstanding of the registrant’s common stock. KOSS CORPORATIONFORM 10-QDecember 31, 2025 INDEX Page PART IFINANCIAL INFORMATION3Item 1.Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets as of December 31, 2025 and June 30, 20253Condensed Consolidated Statements of Operations for the Three and Six Months Ended December 31,2025 and 20244Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 31, 2025 and20245Condensed Consolidated Statements of Stockholders’ Equity for the Three and Six Months EndedDecember 31, 2025 and 20247Notes to Condensed Consolidated Financial Statements8Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations15Item 3.Quantitative and Qualitative Disclosures About Market Risk22Item 4.Controls and Procedures22PART IIOTHER INFORMATION21Item 1.Legal Proceedings21Item 1A. Risk Factors22Item 2.Unregistered Sales of Equity Securities and Use of Proceeds22Item 6.Exhibits23 PART IFINANCIAL INFORMATION KOSS CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) Accounts payable$489,946$819,330Accrued liabilities659,947582,140Deferred revenue249,113242,644Finance lease liability10,151—Operating lease liability259,282252,579Income taxes payable35,84842,958Total current liabilities1,704,2871,939,651 Long-term liabilities:Deferred compensation2,446,7032,226,454Deferred revenue133,166119,314Finance lease liability16,776—Operating lease liability2,157,8162,289,155Total long-term liabilities4,754,4614,634,923 KOSS CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2025(Unaudited) 1.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A)BASIS OF PRESENTATION The condensed consolidated balance sheets as of December 31, 2025 and June 30, 2025, the condensed consolidated statements ofoperations for the three and six months ended December 31, 2025 and 2024, the condensed consolidated statements of cash flows forthe six months ended December 31, 2025and 2024, and the condensed consolidated statements of stockholders' equity for thethreeand six months ended December 31, 2025 and 2024, have been prepared by the Company in accordance with generally acceptedaccounting principles in the United States of America (“U.S. GAAP”) and have not been audited.In the opinion of management, alladjustments (consisting of normal recurring adjustments) necessary to present fairly the financial position, results of operations andcash flows for all periods presented have been made. The operating results for any interim period are not necessarily indicative of theoperating results that may be experienced for the full fiscal year. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S.GAAP have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with theconsolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for