PAR Technology Corp 2026年季度报告

FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March31, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the Transition Period From __________ to __________Commission File Number: 1-09720 PAR TECHNOLOGY CORPORATION (Exact name of registrant as specified in its charter) Delaware16-1434688(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) PAR Technology Park, 8383 Seneca Turnpike, New Hartford, New York 13413-4991(Address of principal executive offices, including zip code) (315) 738-0600(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registeredNew York Stock Exchange 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 submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrantwas 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 smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reportingcompany”, 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 Exchange Act). Yes☐No☑ As of May5, 2026, 41,246,199 shares of the registrant’s common stock, $0.02 par value, were outstanding. PAR TECHNOLOGY CORPORATIONTABLE OF CONTENTSPART IFINANCIAL INFORMATION ItemNumberDescriptionPageForward-Looking StatementsItem 1.Financial Statements (unaudited)3Condensed Consolidated Balance Sheets (unaudited)3Condensed Consolidated Statements of Operations (unaudited)4Condensed Consolidated Statements of Comprehensive Loss(unaudited)5Condensed Consolidated Statements of Changes in Shareholders' Equity (unaudited)6Condensed Consolidated Statements of Cash Flows (unaudited)7Notes to Condensed Consolidated Financial Statements (unaudited)9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk33Item 4.Controls and Procedures34PART IIOTHER INFORMATIONItem 1.Legal Proceedings34Item 1A.Risk Factors34Item 2.Unregistered Sales of Equity Securities and Use of Proceeds35Item 5.Other Information35Item 6.Exhibits36Signatures37 Unless the context indicates otherwise, references in this Quarterly Report to "we," "us," "our," the "Company,"and "PAR" mean PAR Technology Corporation and its consolidated subsidiaries. “PAR ,” “PAR POS”, “Punchh ,” “PAR Ordering”, “PAR OPS ,” “Data Central ,” “Delaget,” “PAR Retail,”“PARPay”, and other trademarks identifying our products and services appearing in this Quarterly Report belong to us.Solely for convenience, our trademarks referred to in this Form 10-Q may appear without theorsymbols, but suchreferences are not intended to indicate in any way that we will not assert, to the fullest extent under applicable law, ourrights to these trademarks. This Quarterly Report may also contain trade names®TM®TM®®TMTM®®TM and trademarks of other companies. Our use of such other companies’ trade names or trademarks is not intended to implyany endorsement or sponsorship by these companies of us or our products or services. FORWARD-LOOKING STATEMENTS This Quarterly Report contains “forward-looking statements” within the meaning of Section 21E of the SecuritiesExchange Act of 1934, as amended (the “Exchange Act”), Section 27A of the Securities Act of 1933, as amended (the“Securities Act”), and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical innature, but rather are predictive of PAR's future operations, financial condition, financial results, business strategies, andprospects. Forward-looking statements are generally identified by words such as “believe,” “could," "would," "should,""will," “continue,” "anticipate,"