Outdoor Holding Co 2026年季度报告

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM 10-Q ☐TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ________ to ________Commission File Number: 001-13101 Outdoor Holding Company (Exact name of registrant as specified in its charter) 30-0957912(I.R.S. Employer Identification No.) Delaware (State or other jurisdictionof incorporation or organization) 1100 Circle 75 Pkwy, Suite 1300, Atlanta, GA 30339(Address of principal executive offices) (Zip Code) (480) 947-0001 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common Stock, $0.001 par value8.75% Series A Cumulative Redeemable PerpetualPreferred Stock, $0.001 par value Securities registered pursuant to Section 12(g) of the Act:None Indicate by check mark whether the issuer (1) filed all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12months (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 submitted pursuant to rule 405 of Regulation 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). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐Emerging growth company☐ Accelerated filer☒Smaller reporting company☒ 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 or revisedfinancial 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 February 4, 2026, there were 117,288,722 shares outstanding of the registrant’s common stock. TABLE OF CONTENTS PART I3ITEM 1:FINANCIAL STATEMENTS3Condensed Consolidated Balance Sheets as of December 31, 2025 (Unaudited) and March 31, 20253Condensed Consolidated Statements of Operations (Unaudited) for the three and nine months endedDecember 31, 2025 and 20244Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) for the three and nine monthsended December 31, 2025 and 20245Condensed Consolidated Statements of Cash Flow (Unaudited) for the nine months ended December 31,2025 and 20247Notes to Condensed Consolidated Financial Statements (Unaudited)9ITEM 2:MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTSOF OPERATIONS30ITEM 3:QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK40ITEM 4:CONTROLS AND PROCEDURES40PART II43ITEM 1:LEGAL PROCEEDINGS43ITEM 1A:RISK FACTORS44ITEM 2:UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS44ITEM 3:DEFAULTS UPON SENIOR SECURITIES44ITEM 4:MINE SAFETY DISCLOSURE44ITEM 5:OTHER INFORMATION44ITEM 6:EXHIBITS45SIGNATURES46 OUTDOOR HOLDING COMPANYCONDENSED CONSOLIDATED BALANCE SHEETS Cash and cash equivalents$69,857,730$30,227,796Accounts receivable, net9,169,62010,189,011Prepaid expenses and other current assets3,491,1941,233,611Current assets - discontinued operations-30,497,720Total Current Assets82,518,54472,148,138 Notes payable - related parties, net of $2,014,636of debt discounts as of December 31, 20259,765,365-Income tax payable1,609,5201,609,520Operating lease liability, net of current portion753,7541,035,813Other noncurrent liabilities1,604,167-Noncurrent liabilities - discontinued operations-10,564,816Total Liabilities34,385,36275,303,066 OUTDOOR HOLDING COMPANYCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW(Unaudited) OUTDOOR HOLDING COMPANYCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW(Unaudited) For the Nine Months EndedDecember 31, OUTDOOR HOLDING COMPANYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2025(Unaudited) NOTE 1 – ORGANIZATION AND BUSINESS ACTIVITY Outdoor Holding Company ("Outdoor Holding," "we," "us," "our" or the "Company") began its operations in 2017 as aproducer of high-performance ammunition and premium components. Following the acquisition of the GunBroker business("GunBroker") in 2021, we conducted operations through two operating and reportable segments: Ammunition segment andMarketplace segment. The Ammunition segment engaged in the design, production and marketing of ammunition, ammunitioncomponents and related products. The Marketplace segment consists of the GunBrok