York Space Systems Inc 2026年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 of 1934 during the preceding 12months (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 submitted pursuant to Rule 405 of Regulation S-T (§ 232.405of this chapter) during the preceding 12 months (or for such shorter period that the 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, a smaller reporting company, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" 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 with any new or revised financialaccounting 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 The registrant has 129,694,458 shares of common stock outstanding as of May 12, 2026. TABLE OF CONTENTS Special Note Regarding Forward-Looking Statements PART I Item 1.Condensed Consolidated Financial Statements (Unaudited)Condensed Consolidated Balance Sheets (Unaudited)Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)Condensed Consolidated Statements of Cash Flows (Unaudited)Notes to Condensed Consolidated Financial Statements (Unaudited) Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations30Item 3.Quantitative and Qualitative Disclosures About Market Risk43Item 4.Controls and Procedures43 PART II Item 1.Legal Proceedings45Item 1A.Risk Factors45Item 2.Unregistered Sales of Equity Securities and Use of Proceeds45Item 3.Defaults Upon Senior Securities45Item 4.Mine Safety Disclosures45Item 5.Other Information45Item 6.Exhibits45Signatures48 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Quarterly Report on Form 10-Q”) contains forward-looking statements within the meaning of,and we intend such forward-looking statements to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of1995. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Theserisks and other factors include, but are not limited to, those listed under “Risk Factors” in Item 1A of Part I of our Annual Report on Form 10-Kfor the year ended December 31, 2025 (the “2025 Annual Report on Form 10-K”). In some cases, you can identify forward-looking statementsby terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “objective,” “ongoing,”“plan,” “predict,” “project,” “potential,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. Inparticular, statements about the markets in which we operate, including growth of our various markets, statements about potential new productsand product innovation and our expectations, beliefs, plans, strategies, objectives, prospects, assumptions, or future events or performancecontained in the section ‘Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Item 2 Part I of thisQuarterly Report on Form 10-Q are forward-looking statements. Forward-looking statements include, but are not limited to, statements about: •our market opportunity, addressable market and the potential growth of that market;•our M&A strategy, business plans, inventory building, outcomes, and growth prospects;•Expectations regarding government agencies, programs and actions;•the timing consummation and acquisition of All.Space Holdings, inc. ("All.Space");•benefits expected from the acquisitions of Orbion Space Technologies, Inc. ("Orbion") and All.Space;•trends in our industry and markets; and•the competitive environment in which we operate. Some of the factors that could cause actual results to differ materially from those expressed or implied by the forward-lookingstatements include: •disruptions in U.S. government operations and funding and budgetary priorities of the U.S. government;•limitations on investor insight into portions of our business due to our classified contracts with the U.S. government;•our failure to establish and maintain important rela