FiEE Inc 2026年季度报告

Flat A1, 29/F, Block A, TML Tower,3 Hoi Shing Road, Tsuen Wan, Hong Kong(Former Name or Former Address, if Changed Since Last Report) Securities registered pursuant to Section12(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 theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter 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,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ As of April27, 2026, the registrant had 8,328,598 shares of common stock, $0.01 par value per share, outstanding. FIEE, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (1) NATURE OF OPERATIONS AND BASIS OF PRESENTATION FiEE, Inc. (formerly, Minim, Inc.) was founded in 1977 as a networking company and pivoted into delivering intelligentsoftware to protect and improve the WiFi connections we depend on to work, learn, and live. FiEE held the exclusive global license todesign, manufacture, and sell consumer networking products under the Motorola brand until 2023. Our cable and WiFi products, withan intelligent operating system and bundled mobile app, were sold in leading retailers and e-commerce channels in the United States On February27, 2025, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment toits Amended and Restated Certificate of Incorporation to change the name of the Company from Minim, Inc. to FiEE, Inc., effective as During the three months ended March31, 2026, the Company incorporated two new wholly owned subsidiaries: FiEEChannel Limited in Hong Kong on March5, 2026, and FiEE Singapore Pte. Ltd. in Singapore on March26, 2026. As of March31, FiEE,Inc.and its wholly owned subsidiaries—FiEE(HK)Limited(incorporated in March 2025),Houren-GeijuKabushikikaisha (acquired in November2025), MTRLC LLC, Minim Asia Private Limited, FiEE Channel Limited, and FiEE We continue to grow and expand our operations as a digital service provider focused on integrating AI and data analytics intocontent creation and brand management. We offer a wide range of Software as a Service(“SaaS”) solutions through a cloud-basedplatform designed to support our clients in developing, managing, and optimizing their digital presence across global platforms,including customized graphic and posts, short videos, and editorial calendars aligned with brand goals. Additionally, we offer On November30, 2025, we completed the acquisition of Houren-Geiju Kabushikikaisha (“HGK”), a Japanese technologycompany specializing in digital authentication services for artworks, leveraging AI and blockchain technology to provide artworkauthentication, certification, and display services for individual and corporate clients. This acquisition introduces AI image recognition Equity Investment and Loan On March23, 2026, FiEE (HK) Limited (“FiEE HK”) entered into an Investment Agreement (the “Investment Agreement”)by and among FiEE HK, Guangzhou Yinlian Culture Co., Ltd., a limited liability company formed under the laws of the People’sRepublic of China (the “PRC”) (“Yinlian Culture”), Guangzhou Maltose Culture Communication Co., Ltd., a limited liabilitycompany formed under the laws of the PRC (“Maltose Culture”), Guangzhou Qingniao Culture Co., Ltd., a limited liability companyformed under the laws of the PRC (“Qingniao Culture”), Shenzhen Yaojin Creative Media Co., Ltd., a limited liability companyformed under the laws of the PRC (“Yaojin Media”), Cai Yuanyao, Zhang Dingcheng, and Zhang Rong, pursuant to which (i) FiEE The Loan is to be funded in three tranches: (i) approximately $720,000 to be funded within 14 business days following thefull payment for the Equity Investment, provided that Yinlian Culture has delivered its financial seals and bank-related documents(including online banking access) to FiEE HK; (ii) approximately $720,000 to be funded within one month of the simultaneoussatisfaction of the following conditions: (a) Yinlian Culture and its subsidiaries and controlled entities (collectively, the “Group”) haveachieved positive consolidated