特朗普媒体科技集团 2026年季度报告

FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 Trump Media & Technology Group Corp.(Exact name of registrant as specified in its charter) Florida(State or other jurisdiction of incorporation or organization) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 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 filesuch 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 besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the 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. 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 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 May 6, 2026, there were 276,953,828 shares of common stock, par value $0.0001 per share, of the registrant issued andoutstanding. TRUMP MEDIA & TECHNOLOGY GROUP CORP. FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 TABLE OF CONTENTS PagePART I - FINANCIAL INFORMATION3Item 1.Financial Statements (unaudited)3Unaudited Condensed Consolidated Balance Sheets3Unaudited Condensed Consolidated Statements of Operations4Unaudited Condensed Consolidated Statements of Changes in Stockholders’ Equity5Unaudited Condensed Consolidated Statements of Cash Flows6Notes to Unaudited Condensed Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations24Item 3.Quantitative and Qualitative Disclosures about Market Risk30Item 4.Controls and Procedures30PART II - OTHER INFORMATION32Item 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 3.Defaults Upon Senior Securities32Item 4.Mine Safety Disclosures32Item 5.Other Information32Item 6.Exhibits32SIGNATURES34 Table of Contents As of March 31, 2026, the total assets include $3,723.7 related to the consolidated VIE of which $3,666.6 is included in cash and cashequivalents, and $57.1 in prepaid expenses and other current assets.Total liabilities included $175.1 related to the consolidated VIE ofwhich $175.1 is included in accounts payable and accrued liabilities.As of December 31, 2025, the total assets include $1,556.0related to the consolidated VIE of which $1,556.0 is included in cash and cash equivalents.Total liabilities included $50.5 related tothe consolidated VIE of which $50.5 is included in accounts payable and accrued liabilities.There is no recourse against us for theliabilities of the consolidated VIE. The Notes to the Unaudited Condensed Consolidated Financial Statements are an integral part of these statements. TRUMP MEDIA & TECHNOLOGY GROUP CORP. Condensed Consolidated Statements of Operations(Unaudited) *Loss per share attributable to common stockholders for diluted calculation is based on the basic weighted shares as these are notdilutive. The basic and diluted loss per share attributable to common stockholders are therefore the same. The Notes to Unaudited Condensed Consolidated Financial Statements are an integral part of these statements. TRUMP MEDIA & TECHNOLOGY GROUP CORP. TRUMP MEDIA & TECHNOLOGY GROUP CORP. Condensed Consolidated Statements of Cash Flows(Unaudited) (in thousands) NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Amounts in thousands, except share and per share data) NOTE 1 - DESCRIPTION OF BUSINESS The accompanying consolidated financial statements include the historical accounts of Trump Media & Technology Group Corp(“TMTG”). The mission of TMTG is to end Big Tech’s assault on free speech by opening up the Internet and giving people theirvoices back. TMTG operates Truth Social, a open social media platform centered on free speech that is designed to be uncancellable,as well as Truth+, a streaming platform focusing on family friendly live TV channels and on-demand content.TMTG has alsolaunched Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles, and a digital asset strategy--including a bitcoin treasury. NOTE