Laird Superfood Inc 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the quarterly period ended March 31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period from _________ to_________ Commission File Number: 001-39537 Registrant’s telephone number, including area code: (541) 588-3600 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 tosuch 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 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 tosubmit 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 growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ 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☒ As ofMay 8, 2026the registrant had 11,004,348shares of common stock, $0.001 par value per share, outstanding. TABLE OF CONTENTS Part I. Financial Information Item 1. Financial Statements (unaudited)4Unaudited Consolidated Condensed Balance Sheets4Unaudited Consolidated Condensed Statements of Operations5Unaudited Consolidated Condensed Statements of Stockholders’Equity6Unaudited Consolidated Condensed Statements of Cash Flows7Notes to Unaudited Consolidated Condensed Financial Statements8Item 2. Management’s Discussion and Analysis of Financial Conditions and Results of Operations22Item 3. Quantitative and Qualitative Disclosures About Market Risk28Item 4. Controls and Procedures28Part II. Other Information29Item 1. Legal Proceedings29Item 1A. Risk Factors29Item 2. Unregistered Sales of Equity Securities and Use of Proceeds29Item 3. Defaults Upon Senior Securities29Item 4. Mine Safety Disclosures29Item 5. Other Information29Item 6. Exhibits30Signatures31 Laird, our logo and other trademarks or service marks appearing in this report are the property of Laird Superfood, Inc. Tradenames, trademarks and service marks of other companies appearing in this report are the property of their respective owners.Solely for convenience, the trademarks, service marks and trade names included in this report are without the ®, or otherapplicable symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent underapplicable law, our rights or the rights of the applicable licensors to these trademarks, service marks and trade names. Unless the context otherwise indicates, references to “Laird Superfood,” “we,” “our,” “us” and the “Company” refer to LairdSuperfood, Inc.and its subsidiary on a consolidated basis. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the federal securities laws.Forward-looking statements convey our current expectations or forecasts of future events and are not guarantees of futureperformance. Such forward-looking statements are based on numerous assumptions that we believe are reasonable, but they areopen to a wide range of uncertainties and business risks. Our ability to predict results or the actual effect of future plans orstrategies is inherently uncertain. Any statements contained in this Quarterly Report on Form 10-Q that are not statements ofhistorical fact may be forward-looking statements. When we use the words “anticipates,” “believes,” “continues,” “could,”“estimates,”“expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “seeks,” “should,” “will,” “would,”or the negative ofthese terms or other comparable terminology, we are identifying forward-looking statements. Forward-looking statements involve risks and uncertainties, which may cause our actual results, performance, or achievements tobe materially different from those expressed or implied by forward-looking statements. Key factors that could cause actual resultsto be different than expected or anticipated include, but are not limited to: ●our limited operating history and