Figure Technology Solutions Inc-A 2026年季度报告

FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________Commission file number 001-42829 FIGURE TECHNOLOGY SOLUTIONS, INC. (Exact name of registrant as specified in its charter)_________________________ Nevada99-2556408(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) 100 West Liberty Street, Suite 600Reno, NV89501(Address of Principal Executive Offices)(Zip Code) Registrant’s telephone number, including area code: (917) 789-8049 Securities registered pursuant to Section 12(b) of the Act: Class A Common Stock, par value $0.0001 pershare 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 submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant 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. Non-accelerated filer 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 Act). Yes☐No☒As of May11, 2026, registrant had outstanding 182,622,749 shares of Class A common stock, net of treasury shares, 37,893,047shares of Class B common stock and 585,053 shares of Blockchain common stock. Table of Contents Part I. Financial Information Item 1.Financial StatementsCondensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025Condensed Consolidated Statements of Stockholders’ Equity for the Three Months Ended March 31, 2026and 2025Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025Notes to Condensed Consolidated Financial StatementsNote 1– Business and OrganizationNote 2 – Summary of Significant Accounting PoliciesNote 3 – InvestmentsNote 4 – ServicingNote 5 – LoansNote 6 – DebtNote 7 – EquityNote 8 –Net Income (Loss) Per ShareNote 9 – Variable Interest EntitiesNote 10 – Commitments and ContingenciesNote 11 – Related Party TransactionsNote 12 – Fair Value MeasurementsNote 13 – Income TaxesNote 14 - Subsequent EventsItem 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 Information Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales Of Equity Securities And Use Of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (the “Quarterly Report”) contains forward-looking statements. We intend such forward-lookingstatements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Actof 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “ExchangeAct”). All statements other than statements of historical fact contained in this Quarterly Report, including without limitation,statements regarding our future financial performance, including our expectations regarding our revenue, expenses, ability todetermine reserves, and ability to remain profitable; our ability to maintain, expand, and enter into new relationships with partners andloan purchasers on the secondary market; our ability to broaden our network of partners; our ability to develop and achieve marketacceptance of new products and services, including On-Chain Public Equity Network (“OPEN”), including its expected capabilities,and our Blockchain Common Stock; anticipated trends, growth rates, and challenges in our business; and the cryptoe