AXIL Brands Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 28, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-41958 AXIL Brands, Inc.(Exact Name of Registrant as Specified in Its Charter) (888) 638-8883(Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered Common Stock, $0.0001 par value per share The NYSE American LLC 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 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☒ Accelerated filer☐Smaller reportingcompany☒Emerging growthcompany☐ 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☒ As of April 3, 2026, there were 6,817,717 shares of the registrant’s common stock, $0.0001 par value, outstanding. AXIL BRANDS, INC. AND SUBSIDIARIES INDEX PageCautionary Note Regarding Forward Looking StatementsiiPART I - FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)1Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations2Item 3.Quantitative and Qualitative Disclosures About Market Risk8Item 4.Controls and Procedures8PART II - OTHER INFORMATIONItem 1.Legal Proceedings9Item 1A.Risk Factors9Item 2.Unregistered Sales of Equity Securities and Use of Proceeds9Item 3.Defaults Upon Senior Securities9Item 4.Mine Safety Disclosures9Item 5.Other Information9Item 6.Exhibits10Signatures11-i- CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, and in particular Part I, Item 2 “Management’s Discussion and Analysis of Financial Conditionand Results of Operations,” contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, butnot limited to, any statements regarding our assumptions about financial performance and future outlook; the continuation of historicaltrends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes inaccounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for futureoperations, including expected growth, the new marketing services business, and potential strategic alternatives for the hair and skincare business; and the economy in general or the future of the beauty and hair care industry and the hearing protection and ear budbusiness, all of which are subject to various risks and uncertainties. There are a number of factors that could cause our actual results to differ from those indicated in the forward-looking statements, manyof which are outside of our control. They include: the impact of unstable market and general economic conditions on our business,financial condition and stock price, including inflationary cost pressures, the impact of tariffs and other trade restrictions and barriers,interest rate changes, unemployment rates, decreased discretionary consumer spending, supply chain disruptions and constraints, laborshortages, ongoing economic disruption, the possibility of an economic recession and other macroeconomic factors, geopoliticalevents and uncertainty, including the effects of the Ukraine-Russia conflict and conflicts in the Middle East, and other