阿尔法泰克 2026年季度报告

For the quarterly period ended March 31, 2026OR ALPHATEC HOLDINGS, INC. 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 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 suchreports), 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 thatthe registrant 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. Accelerated filer☐Smaller reporting company☐ Large accelerated filer☒Non-accelerated filer☐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 is a shell company (as defined in Rule 12b-2 of the Exchange Act)Yes☐No☒As of April 28, 2026, there were 153,789,305 shares of the registrant’s common stock outstanding. ALPHATEC HOLDINGS, INC.QUARTERLY REPORT ON FORM 10-QMarch 31, 2026 Table of Contents PART I – FINANCIAL INFORMATION Item 1.Financial Statements3Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Operations4Condensed Consolidated Statements of Comprehensive Loss5Condensed Consolidated Statements of Stockholders’ (Deficit) Equity6Condensed Consolidated Statements of Cash Flows8Notes to Condensed Consolidated Financial Statements9Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations24Item 3.Quantitative and Qualitative Disclosures About Market Risk31Item 4.Controls and Procedures31PART II – OTHER INFORMATIONItem 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 5.Other Information32Item 6.Exhibits33SIGNATURES34 PART I. FINANCIAL INFORMATION ALPHATEC HOLDINGS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except for par value data) ALPHATEC HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED)(In thousands, except per share amounts) Table of Contents ALPHATEC HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS(UNAUDITED)(In thousands) See accompanying notes to unaudited condensed consolidated financial statements. ALPHATEC HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY(UNAUDITED)(In thousands) Table of Contents ALPHATEC HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY(UNAUDITED)(In thousands) ALPHATEC HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED)(In thousands) ALPHATEC HOLDINGS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) 1. Organization and Significant Accounting Policies The Company Alphatec Holdings, Inc. (the “Company”), through its wholly owned subsidiaries, Alphatec Spine, Inc. (“Alphatec Spine”),SafeOp Surgical, Inc. (“SafeOp”), and EOS imaging S.A.S. (“EOS”), is a medical technology company focused on the design,development, and advancement of technology for the better surgical treatment of spinal disorders. The Company, headquartered inCarlsbad, California, markets its products in the United States and internationally via a network of independent sales agents anddirect sales representatives. Basis of Presentation and Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly ownedsubsidiaries. The Company translates the financial statements of its foreign subsidiaries using end-of-period exchange rates forassets and liabilities and average exchange rates during each reporting period for results of operations. All intercompany balancesand transactions have been eliminated in consolidation. The accompanying condensed consolidated financial statements have been prepared pursuant to the rules and regulations ofthe Securities and Exchange Commission (“SEC”). Pursuant to these rules and regulations, the Company has condensed or omittedcertain information and footnotes it normally includes in its annual consolidated financial statements prepared in accordance withgenerally accepted accounting principles in the United St