Form 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch 31, 2026 or ☐TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________to_____________ Commission File Number001-39569 BONK, INC.(Exact name of registrant as specified in charter) Delaware83-2455880(State or other jurisdiction of(IRS Employerincorporation or organization)Identification No.) 60 E Rio Salado Pkwy, Suite 900Tempe, AZ85281(Address of principal executive offices)(Zip Code) (Registrant’s telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) 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 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 pursuant to Rule405 of Regulation S- T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired 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, 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☐Non-accelerated filer☒ Accelerated filerSmaller reporting companyEmerging 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 Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. As of May 13, 2026, there were 8,000,940 shares of the registrant’s common stock outstanding. FORM 10-QTABLE OF CONTENTS PART I - FINANCIAL INFORMATIONItem 1.Financial StatementsF-1Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations2Item 3.Quantitative and Qualitative Disclosures About Market Risk12Item 4.Controls and Procedures12PART II - OTHER INFORMATIONItem 1.Legal Proceedings13Item 1A.Risk Factors13Item 2.Unregistered Sales of Equity Securities and Use of Proceeds29Item 3.Defaults Upon Senior Securities29Item 4.Mine Safety Disclosures29Item 5.Other Information29Item 6.Exhibits29SIGNATURES30i PART I - FINANCIAL INFORMATION This Quarterly Report on Form 10-Q includes the accounts of Bonk, Inc., a Delaware corporation (“Bonk”). References inthis Report to “we”, “our”, “us” or the “Company” refer to Bonk, Inc. and its consolidated subsidiaries unless the context dictatesotherwise. FORWARD LOOKING STATEMENTS Certain statements in this report, including information incorporated by reference, are “forward-looking statements” withinthe meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, asamended, and the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements reflect current viewsabout future events and financial performance based on certain assumptions. They include opinions, forecasts, intentions, plans, goals,projections, guidance, expectations, beliefs or other statements that are not statements of historical fact. Words such as “will,” “may,”“should,”“could,”“would,”“expects,”“plans,”“believes,”“anticipates,”“intends,”“estimates,”“approximates,”“predicts,”“forecasts,” “potential,” “continue,” or “projects,” or the negative or other variation of such words, and similar expressions mayidentify a statement as a forward-looking statement. Any statements that refer to projections of our future financial performance, ouranticipated growth and trends in our businesses, our goals, strategies, focus and plans, and other characterizations of future events orcircumstances, including statements expressing general optimism about future operating results and the development of our products,are forward-looking statements. Although forward-looking statements in this Quarterly Report on Form 10-Q reflect the good faith judgment of ourmanagement, such statements can only be based on facts and factors currently known by us. Consequently, forward-looking statementsare inherently subje