FitLife Brands Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT For the transition period from N/A to N/A Commission File No.000-52369 Indicate by check mark whether the Registrant (1) has filed all reports required by Section 13 or 15(d) of the Securities ExchangeAct 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 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, smallerreporting company or emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany” and “emerging growth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☐Accelerated filer☐Non–Accelerated filer☒Small 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☒ 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, a total of 9,391,072 shares of the Registrant’s Common Stock, par value $0.01 per share, were issued andoutstanding. TABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item 1. Financial Statements1Condensed Consolidated Balance Sheets (unaudited)1Condensed Consolidated Statements of Income and Comprehensive Income (unaudited)2Condensed Consolidated Statements of Stockholders’Equity (unaudited)3Condensed Consolidated Statements of Cash Flows (unaudited)4Notes to Condensed Consolidated Financial Statements (unaudited)5Item 2. Management’s Discussion & Analysis of Financial Condition and Results of Operations18Item 3. Quantitative and Qualitative Disclosures About Market Risk25Item 4. Controls and Procedures26PART II - OTHER INFORMATION26Item 1. Legal Proceedings26Item1A.Risk Factors27Item 2. Unregistered Sales of Equity Securities and Use of Proceeds27Item 3. Defaults Upon Senior Securities27Item 5. Other Information27Item 6. Exhibits27 Special Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q (“Quarterly Report”), including“Management’s Discussion and Analysis of FinancialCondition and Results of Operations”in Item 2 of Part I of this Quarterly Report, includes forward-looking statements. Thesestatements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity,performance or achievements to be materially different from any future results, levels of activity, performance, or achievementsexpressed or implied by forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as“may”,“should”,“expects”,“plans”,“anticipates”,“believes”,“estimates”,“predicts”,“potential”,“proposed”,“intended”, or“continue”or the negative of these termsor other comparable terminology. You should read statements that contain these words carefully, because they discuss ourexpectations about our future operating results or our future financial condition or state other“forward-looking”information.There may be events in the future that we are not able to accurately predict or control. Before you invest in our securities, youshould be aware that the occurrence of any of the events described in this Quarterly Report could substantially harm our business,results of operations and financial condition, and that upon the occurrence of any of these events, the trading price of oursecurities could decline and you could lose all or part of your investment. Although we believe that the expectations reflected in theforward-looking statements are reasonable, we cannot guarantee future results, growth rates, levels of activity, performance orachievements. We are under no duty to update any of the forward-looking statements after the date of this Quarterly Report toconform these statements to actual results. PART IFINANCIAL INFORMATION FITLIFE BRANDS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except per share data) FITLIFE BRANDS, INC.CONDENSED CONSOLIDATED STATEMENTS OFINCOME AND COMPREHENSIVE INCOMEFOR THE THR