M-tron Industries Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the quarterly period endedMarch 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period from ____________ to ____________ Commission File No. 001-41391 M-tron Industries, Inc. (407) 298-2000(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b) of the Act: Title of each classCommon Stock, par value $0.01 Name of each exchange on which registeredNYSE American MPTI 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 suchreports), 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 thatthe 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. 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 April 30, 2026, the registrant had 4,321,443shares of common stock, $0.01 par value per share, outstanding. M-TRON INDUSTRIES, INC.Form 10-Q for the Period EndedMarch 31, 2026 INDEX FINANCIAL INFORMATIONFinancial Statements (Unaudited)Condensed Consolidated Statements of OperationsCondensed Consolidated Balance SheetsCondensed Consolidated Statements of EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial Statements1.Background and Description of Business2.Summary of Significant Accounting Policies3.Segment Information4.Fair Value Measurements5.Related Party Transactions6.Income Taxes7.Revolving Credit Agreement8.Stock-Based Compensation9.Stockholders' Equity10.Earnings per Share ("EPS")11.Commitments and Contingencies12.Other Financial Statement Information13.Domestic and Foreign Revenues14.Subsequent Events Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 5.Other InformationItem 6.ExhibitsSignatures Table of Contents Cautionary Note Concerning Forward-Looking Statements Certain statements contained in this Quarterly Report on Form 10-Q of M-tron Industries, Inc. ("Mtron" or the "Company") and theCompany's other communications and statements, other than historical facts, may be considered forward-looking statements withinthe meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the SecuritiesExchange Act of 1934, as amended (the "Exchange Act"). The Company intends for all such forward-looking statements to becovered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section21E of the Exchange Act, as applicable by law. Such statements include, in particular, statements about the Company's beliefs,plans, objectives, goals, expectations, estimates, projections and intentions. These statements are subject to significant risks anduncertainties and are subject to change based on various factors, many of which are beyond the Company's control. The words"may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "target," "goal," and similarexpressions are intended to identify forward-looking statements. All forward-looking statements, by their nature, are subject torisks and uncertainties. Therefore, such statements are not intended to be a guarantee of the Company's performance in futureperiods. The Company's actual future results may differ materially from those set forth in the Company's forward-lookingstatements. For information concerning these factors and related matters, see "Risk Factors" in the Company’s Annual Report onForm 10-K, as filed with the Se