Asure Software 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 March31, 2026☐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: 1-34522 74-2415696 (I.R.S. Employer Identification No.) 512-437-2700(Registrant’s Telephone Number, including Area Code)None(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Actof 1934 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. 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 reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act.Large accelerated filer☐Accelerated filer☒ Smaller reporting company☐Emerging growth company☐ Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith 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). As of April29, 2026, 28,681,633 shares of the registrant’s Common Stock, $0.01 par value, were outstanding. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)Condensed Consolidated Balance Sheets as of March 31, 2026,and December 31, 2025Condensed Consolidated Statements of Comprehensive Income andLoss for the Three Months Ended March 31,2026,and March 31, 2025Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three Months Ended March 31,2026,and March 31, 2025Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026,and March 31,2025Notes to Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II - OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits Signatures March 31, 2026December 31, 2025 The accompanying notes are an integral part of these Condensed Consolidated Financial Statements. ASURE SOFTWARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME AND LOSS(in thousands, except per share amounts)(Unaudited) ASURE SOFTWARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(Unaudited) ASURE SOFTWARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)(in thousands)(Unaudited) ASURE SOFTWARE, INC.NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)(Amounts in thousands, except per share data unless otherwise noted) NOTE 1 - THE COMPANY AND BASIS OF PRESENTATION Asure Software, Inc. (“Asure”, the “Company”, “we” and “our”), a Delaware corporation, is a provider of cloud-based Human CapitalManagement (“HCM”) software solutions delivered as Software-as-a-Service (“SaaS”) to businesses of all sizes. We offer human resources(“HR”) tools necessary to build a thriving workforce, provide the resources to stay compliant with dynamic federal, state, and local taxjurisdictions and their respective labor laws, freeing cash flows so these businesses can spend their financial capital on growing their businessesrather than administrative overhead that can impede growth. Our solutions also provide new ways for employers to connect with theiremployees and strengthen relationships with their talent. At the core of our offering is the Asure HCM platform—a SaaS-based system thatincludes Payroll & Tax filing, HR management tools, Time & Attendance software, Recruiting, and Benefits Administration. This platformserves as the foundation for delivering both our core software and a range of complementary, technology-enabled services. These includeAsureMarketplace™, which automates data excha