Axe Compute Inc 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 March 31, 2026 or For the transition period from_________________________to _________________________ Commission File Number: 001-36790 Axe Compute Inc.(Exact name of registrant as specified in its charter) Delaware33-1007393(State or other jurisdiction of(I.R.S. Employer incorporation or organization)Identification No.) 91 43rd Street, Suite 110 Pittsburgh, Pennsylvania15201(Address of principal executive offices)(Zip Code) (412) 432-1500(Registrant’s telephone number, including area code) N/A(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: 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 suchreports), 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 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. Accelerated filer☐Smaller reporting company☒Emerging growth company☐ 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 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 11, 2026, the registrant had 10,404,641shares of common stock, par value $0.01 per share outstanding. AXE COMPUTE INC. TABLE OF CONTENTS PagePART I. FINANCIAL INFORMATION4ITEM 1.UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS5CONDENSED CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2026 AND DECEMBER 31,20255CONDENSED CONSOLIDATED STATEMENTS OF NET LOSS FOR THE THREE MONTHS ENDEDMARCH 31, 2026 AND 20256CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’EQUITY (DEFICIT) FOR THETHREE MONTHS ENDED MARCH 31, 2026 AND 20257CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHSENDED MARCH 31, 2026 AND 20258NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS9ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTSOF OPERATIONS27ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK36ITEM 4. CONTROLS AND PROCEDURES37PART II. OTHER INFORMATION37ITEM 1. LEGAL PROCEEDINGS37ITEM 1A. RISK FACTORS37ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS37ITEM 3. DEFAULTS UPON SENIOR SECURITIES37ITEM 4. MINE SAFETY DISCLOSURES37ITEM 5. OTHER INFORMATION37ITEM 6. EXHIBITS38SIGNATURES39 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to historical information, certain information in this Quarterly Report on Form 10-Q includes forward-lookingstatements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") and Section 21E of theSecurities Exchange Act of 1934, as amended ("Exchange Act"). All statements, other than statements of historical facts, includingstatements concerning our plans, objectives, goals, beliefs, business strategies, future events, business conditions, our results ofoperations, financial position and our business outlook, business trends and other information, may be forward-looking statements.You can identify these forward-looking statements by the words "believes," "intends," "expects," “might,” "may," "will," "should,""plans," "projects," "contemplates," "intends," "budgets," “potential,” "predicts," "estimates," "anticipates," “future,” “goal,” andvariations of such words or similar expressions. These statements are based on our beliefs, as well as assumptions we have usedbased upon information currently available to us. Because these statements reflect our current views concerning future events,these statements involve risks, uncertainties, and assumptions, many of which, by their nature, are inherently uncertain and beyondour control. Our expectations, beliefs, estimates and projections are expressed in good faith and we believe there is a reasonablebasis for them. However, there can be no assurance that management’s