Mangoceuticals Inc 2025年度报告

FORM 10-K (Mark One)☒ANNUAL REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number:001-41615 None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.☐Yes☒No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act:☐Yes☒No Indicate by check mark whether the registrant (1) has filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject 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 toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired 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 reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ Accelerated filer☐Smaller reporting company☒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 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 effectiveness ofits internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded 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).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).☐Yes☒No On June 30, 2025, the last day of the registrant’s most recently completed second quarter, the aggregate market value of the CommonStock held by non-affiliates of the registrant was approximately $14,725,437, based upon the closing price of the registrant’s CommonStock on the Nasdaq Capital Market of $1.52 on June 30, 2025. For purposes of this response, the registrant has assumed that its directors,executive officers and beneficial owners of 5% or more of its Common Stock are deemed affiliates of the registrant. For purposes ofcalculating the aggregate market value of shares held by non-affiliates, we have assumed that all outstanding shares are held by non-affiliates, except for shares held by each of our executive officers, directors and 5% or greater stockholders. In the case of 5% or greaterstockholders, we have not deemed such stockholders to be affiliates unless there are facts and circumstances which would indicate thatsuch stockholders exercise any control over our company, or unless they hold 10% or more of our outstanding common stock. Theseassumptions should not be deemed to constitute an admission that all executive officers, directors and 5% or greater stockholders are, infact, affiliates of our company, or that there are not other persons who may be deemed to be affiliates of our company. Further informationconcerning shareholdings of our officers, directors and principal stockholders is included or incorporated by reference in Part III, Item 12of this Annual Report on Form 10-K. As of March 31, 2026, the registrant had 16,967,420 shares of its Common Stock, $0.0001par value, outstanding. DOCUMENTS INCORPORATED BY REFERENCE None. TABLE OF CONTENTS Item 1. Business.4Item 1A. Risk Factors.33Item 1B. Unresolved Staff Comments.78Item 1C. Cybersecurity.78Item 2. Properties.79Item 3. Legal Proceedings.79Item 4. Mine Safety Disclosures.79 PART II80 Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.80Item 6. [Reserved]80Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.80Item 7A. Quan