KORE Group Holdings Inc 2026年季度报告

Washington, D.C. 20549_____________________________ FORM 10-Q (Mark One) For the quarterly period ended March 31, 2026 KORE Group Holdings, Inc. (Exact name of registrant as specified in its charter)_____________________________ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 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 90days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period 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 smaller reporting company or an emerging growthcompany. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of theExchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial 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). YesNo As of May6, 2026, there were 17,587,851 shares of the registrant’s common stock, par value $0.0001 per share, outstanding. TABLE OF CONTENTS Part I - Financial Information Part II - Other Information Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures KORE Group Holdings, Inc.Condensed Consolidated Balance Sheets (Unaudited)(In thousands, except share and per share data) ASSETS KORE Group Holdings, Inc.Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)(In thousands, except share and per share data) KORE Group Holdings, Inc.Condensed Consolidated Statements of Changes in Stockholders’ Deficit (Unaudited)(In thousands, except share data) KORE Group Holdings, Inc.Condensed Consolidated Statements of Cash Flows (Unaudited)(In thousands) KORE Group Holdings, Inc.Notes to Condensed Consolidated Financial Statements (Unaudited) NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and Basis of Presentation KORE Group Holdings, Inc. (together with its subsidiaries, “KORE” or the “Company”) provides advanced connectivity services, location-basedservices, device solutions, managed and professional services used in the development and support of the “Internet of Things” (“IoT”) technology forthe business market. The Company’s IoT platform is delivered in partnership with many of the world’s largest mobile network operators and providessecure, reliable, wireless connectivity to mobile and fixed devices. This technology enables the Company to expand its global technology platform bytransferring capabilities across new and existing vertical markets and delivers complementary products to channel partners and resellers worldwide. The Company is incorporated in the state of Delaware and its operations are primarily located in North America. The condensed consolidatedfinancial statements include the accounts of the Company and its wholly-owned subsidiaries, and have been prepared in accordance with accountingprinciples generally accepted in the United States of America (“GAAP”). All significant intercompany balances and transactions have beeneliminated in consolidation. Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with the instructions to Article 10-01 ofRegulation S-X for interim financial statements. Accordingly, they do not include all the information and footnotes required by GAAP for completefinancial statements. These unaudited condensed consolidated financial statements and related notes should be read in conjunction with the annualconsolidated financial statements and related notes for the year ended December31, 2025, included in the Company’s Annual Report on Form 10-Kfor the year ended December31, 2025 (“Annual Report on Form 10-K”). In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments, consisting of normal recurringadjustments, necessary for a fair presentation of the results for the interim periods presented. Such operating results may not be indicative of theexpected results for any other interim periods or the entire year. Use of Estimates The pre