BK Technologies Corp 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number:001-32644 BK Technologies Corporation(Exact name of registrant as specified in its charter) 7100 Technology DriveWest Melbourne, Florida 32904(Address of principal executive offices and Zip Code) Registrant’s telephone number, including area code:(321) 984-1414 Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section12(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 Securities Exchange Act of1934 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 filingrequirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 was required to submit suchfiles). 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 growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” 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 period for complying withany 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☒ There were 3,744,198shares of common stock, $0.60 par value, of the registrant outstanding as of May 7, 2026. Table of Contents TABLE OF CONTENTS PART I - FINANCIAL INFORMATION3Item 1.FINANCIAL STATEMENTS (UNAUDITED)3Item 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS17Item 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK25Item 4.CONTROLS AND PROCEDURES26PART II - OTHER INFORMATION28Item 1.LEGAL PROCEEDINGS28Item 1A.RISK FACTORS28Item 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS29Item 5.OTHER INFORMATION29Item 6.EXHIBITS30SIGNATURES31 PART I - FINANCIAL INFORMATION BK TECHNOLOGIES CORPORATIONCondensed Consolidated Balance Sheets(In thousands, except share data) BK TECHNOLOGIES CORPORATIONCondensed Consolidated Statements of Operations(In thousands, except share and per share data) (Unaudited) BK TECHNOLOGIES CORPORATIONCondensed Consolidated Statements of Cash Flows(In thousands) (Unaudited) BK TECHNOLOGIES CORPORATIONNotes to Condensed Consolidated Financial StatementsThree Months Ended March 31, 2026 and 2025Unaudited(In thousands, except share and per share data and percentages or as otherwise noted) Note 1. Condensed Consolidated Financial Statements Basis of Presentation The condensed consolidated balance sheet as of March 31, 2026, the condensed consolidated statements of operations for the three months endedMarch 31, 2026, and 2025, the condensed consolidated statement of changes in stockholders' equity for thethree months ended March 31, 2026, and 2025,and the condensed consolidated statements of cash flows for the three months ended March 31, 2026, and 2025, have been prepared by BK TechnologiesCorporation (the “Company,” “we,” “us,” “our”), and are unaudited but include all adjustments, including normal recurring adjustments, which, in theopinion of management, are necessary to present fairly the Company’s financial position, results of operations, and cash flows for the interim periodspresented. The condensed consolidated balance sheet as of December 31, 2025, has been derived from the Company’s audited consolidated financialstatements at that date. These condensed consolidated financial statements have been prepared in accordance with the requirements of Article 8 of Regulation S-X and theinstructions to Form 10-Q. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance withaccounting principles generally accepted in the United States of America have been condensed or omitted. These condensed consolidated financialstatements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report onForm 10-K for the fiscal year ended December 31, 2025, as filed with the Securities and Exchange