NewtekOne Inc 2025年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ (Exact name of registrant as specified in its charter) 4800 T Rex Avenue, Suite 120, Boca Raton, Florida(Address of principal executive offices) (Zip Code) (212)356-9500(Registrant’s telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each class Nasdaq Global Market LLCNasdaq Global Market LLCNasdaq Global Market LLCNasdaq Global Market LLCNasdaq Global Market LLCNasdaq Global Market LLC Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d) of the Act.YesNo Indicate by check mark whether the registrant: (1)hasfiled all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the past 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 (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter periodthat the registrant 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 definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated FilerNon-accelerated filerSmallerreportingcompanyEmerging growth company 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 or accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 USC. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report. Yes☒No Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant was approximately$276.5 million as of the last business day of the registrant’s second fiscal quarter of 2025, based on a closing price on that date of$11.28 on the Nasdaq Global Market. For the purposes of calculating this amount only, all directors and executive officers of theRegistrant have been treated as affiliates. As of March9, 2026, there were 28,831,491 shares outstanding of the registrant’s Common Stock, par value $0.02 per share. TABLE OF CONTENTS Item PART I 1.Business1A.Risk Factors1B.Unresolved Staff Comments1C.Cybersecurity2.Properties3.Legal Proceedings4.Mine Safety DisclosuresPART II5.Market for the Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of EquitySecurities6.[Reserved]7.Management’s Discussion and Analysis of Financial Condition and Results of Operations7A.Quantitative and Qualitative Disclosures About Market Risk8.Consolidated Financial Statements and Supplementary Data9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure9A.Controls and Procedures9B.Other Information9C.Disclosure Regarding Foreign Jurisdictions that Prevent InspectionsPART III10.Directors, Executive Officers and Corporate Governance11.Executive Compensation12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters13.Certain Relationships, Related Party Transactions and Director Independence14.Principal Accounting Fees and Ser