CitroTech Inc 2026年季度报告

Form10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended:March 31, 2026 or TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number:001-42983 CitroTech Inc. (Exact name of registrant as specified in its charter) Wyoming87-2765150(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) Greenwood Village,Colorado80111(Address of principal executive offices)(Zip Code) (800)401-4535(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, par value $0.0001 per shareCITRNYSE American LLC 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. Large accelerated filer☐Accelerated filer☐Non-accelerated Filer☒Smaller 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 As of May 14, 2026, 22,357,412 shares of the Company’s common stock were issued and outstanding. TABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item 1.Financial StatementsItem 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 ProceedingsItem1A.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.Exhibits SIGNATURES PART I - FINANCIAL INFORMATION CitroTech Inc.(formerly General Enterprise Ventures, Inc.)Index to Unaudited Interim Consolidated Financial StatementsMarch 31, 2026 Contents Consolidated Balance Sheets at March 31, 2026 and December 31, 20254Consolidated Statements of Operations and Comprehensive Lossfor the three months ended March 31, 2026 and 20255Consolidated Statements of Changes in Stockholders’ Equity for the three months ended March 31, 2026 and 20256Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 20257Notes to Consolidated Financial Statements8 CitroTech Inc.(formerly General Enterprise Ventures, Inc.)Consolidated Balance Sheets(Unaudited) CitroTech Inc.(formerly General Enterprise Ventures, Inc.)Consolidated Statements of Operations and Comprehensive Loss(Unaudited) CitroTech Inc.(formerly General Enterprise Ventures, Inc.)Consolidated Statements of Changes in Stockholders’ Equity(Unaudited) For the three months ended March 31, 2025 CitroTech Inc.(formerly General Enterprise Ventures, Inc.)Consolidated Statement of Cash Flows(Unaudited) CitroTech Inc.(formerly General Enterprise Ventures, Inc.)Notes to Unaudited Interim Consolidated Financial StatementsMarch 31, 2026 Note 1 –Organization, Business and Going Concern CitroTech Inc. was originally incorporated under the laws of the State of Nevada on March 14, 1990 and on June 3, 2021 wasredomiciled to the State of Wyoming. Effective on January 22, 2026, the Company changed its name from General EnterpriseVentures, Inc. to CitroTech Inc. When used in these notes, the terms “CITR,” “Company,” “we,” “us” and “our” mean CitroTech Inc.and all entities included in our unaudited interim consolidated financial statements. Business We develop and manufacture environmentally sustainable, non-toxic, long-term fire-inhibiting products for use in industrial andwildfire defense applications. The Company’s proprietary formulation, CitroTech®, is derived from food-grade,