Inseego Corp 2026年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromto.Commission File Number: 001-38358 INSEEGO CORP. (Exact name of registrant as specified in its charter) Delaware(State or Other Jurisdictionof Incorporation or Organization)9710 Scranton Road, Suite 200San Diego, California(Address of Principal Executive Offices) Registrant’s telephone number, including area code: (858)812-3400 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 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 Rule405 of RegulationS-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☐Non-accelerated filer☐ 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☒ The number of shares of the registrant’s common stock outstanding as of April30, 2026, was 16,276,707. TABLE OF CONTENTS PART I—FINANCIAL INFORMATION Item 1.Financial Statements3Condensed Consolidated Balance Sheets (Unaudited)3Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)4Condensed Consolidated Statements of Stockholders’ Deficit (Unaudited)6Condensed Consolidated Statements of Cash Flows (Unaudited)7Notes to Condensed Consolidated Financial Statements (Unaudited)8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk30Item 4.Controls and Procedures30PART II—OTHER INFORMATIONItem 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds33Item 3.Defaults Upon Senior Securities33Item 4.Mine Safety Disclosures33Item 5.Other Information33Item 6.Exhibits34SIGNATURES35 INSEEGO CORP.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except par value, share and per share data) INSEEGO CORP.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)(In thousands, except share and per share data)(Unaudited) INSEEGO CORP.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT(In thousands)(Unaudited) See accompanying notes to condensed consolidated financial statements (unaudited). INSEEGO CORP.Notes to Condensed Consolidated Financial Statements (Unaudited) Note1. Nature of Business and Significant Accounting Policies Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements (“Financial Statements”) have been prepared byInseego Corp. (the “Company”, “we”, “us” or “our”) in accordance with accounting principles generally accepted in the U.S.(“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financialreporting. The Financial Statements include the accounts of the Company and its consolidated subsidiaries. All significantintercompany balances and transactions have been eliminated in consolidation. These Financial Statements should be read inconjunction with the audited consolidated financial statements and notes as of and for the year ended December31, 2025, included inthe Company's Annual Report on Form 10-K for the year ended December31, 2025 (the “Form 10-K”). The condensed consolidated balance sheet as of December31, 2025 was derived from the audited consolidated financialstatements as of that date, but does not include all disclosures required by GAAP. In management’s opinion, the accompanyingFinancial Statements reflect all normal recurring adjustments necessary for their fair presentation. Other than described below, therehave been no change