Reliance Global Group 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 March 31, 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: 001-40020 RELIANCE GLOBAL GROUP, INC.(Exact name of registrant as specified in its charter) Florida46-3390293(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) 300 Blvd. of the Americas, Suite 105 Lakewood, NJ 08701(Address of principal executive offices) (Zip Code) 732-380-4600(Registrant’s telephone number, including area code) N/A(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 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☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒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 Act). At May 7, 2026, the registrant had 22,230,563 shares of common stock, par value $0.086 per share, outstanding. TABLE OF CONTENTS PART IItem 1. Condensed Consolidated Financial Statements (Unaudited)3Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.16Item 3. Quantitative and Qualitative Disclosures About Market Risk.24Item 4. Controls and Procedures.24PART IIItem 1. Legal Proceedings.25Item 1A. Risk Factors.25Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.29Item 3. Defaults Upon Senior Securities.29Item 4. Mine Safety Disclosures.29Item 5. Other Information.29Item 6. Exhibits302 Reliance Global Group, Inc. and SubsidiariesCondensed Consolidated Statements of Operations(Unaudited) Reliance Global Group, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(Unaudited) Reliance Global Group, Inc. and SubsidiariesNotes to the Unaudited Condensed Consolidated Financial Statements NOTE 1. SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Reliance Global Group, Inc., formerly known as Ethos Media Network, Inc. (“RELI”, “Reliance”, or the “Company”), wasincorporated in Florida on August 2, 2013. Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally acceptedaccounting principles in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions forForm 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by U.S.GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of recurring accruals) necessaryfor a fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunctionwith the audited consolidated financial statements and the notes thereto, set forth in the Company’s Annual Report on Form 10-K forthe year ended December 31, 2025 (the “Form 10-K”), as the same may be amended from time to time. Capitalized terms not definedin this Quarterly Report on Form 10-Q refer to capitalized terms as defined in the Form 10-K. Certain prior period accounts andbalances in these unaudited condensed consolidated financial statements and notes thereto may have been reclassified to conform tothe current period’s presentation. The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly ownedsubsidiaries. All intercompany transactions and balances have been eliminated in cons