AXIL Brands Inc 2026年季度报告

☒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 Delaware Securities registered pursuant to Section 12(b) of the Act: 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,” “smaller 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. INDEXPageCautionary 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 in 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 downturns inthe business cycle or the economy; our financial performance and liquidity, including our ability to successfully generate sufficientrevenue to support our operations; guidance provided by management, which may differ from our actual operating results; continueduncertainty with respect to U.S. trade policies and tariffs and potential tariff refunds; our expectations regarding our financingarrangements and our ability to obtain additional capital if and as needed, including potential difficulties of obtaining financing due tomarket conditions resulting from geopolitical conditions and other economic factors; risks related to our operations and internationalmarkets, such as fluctuations in currency exchange rates, different regulatory environments, trade barriers and sanctions, exchangecontrols, and social and political instability; changes in the regulatory environment in which we operate, including environmental,health and safety regulations, including those related to sustainability; our ability to protect and defend our intellectual property;continuity and security of information technology infrastructure and the potential impact of cybersecurity breaches or disruptions toour management information systems; widespread outages, interruptions or other failures of operational, communication, and other When used in this Quarterly Report on Form 10-Q and other reports, statements, and information we have filed with the Securities andExchange Commission (the “SEC”), in our press releases, presentations to securities analysts or investors, or in oral statements madeby or with the approval of an executive officer, the words or phrases “believes,” “can,” “may,” “will,” “expect,” “should,” “could,”“would,” “continue,” “anticipate,” “intend,” “likely,” “estimate,” “project,” “p