Aterian Inc. 2026年季度报告

FORM 10-Q Aterian, Inc. Securities registered pursuant to Section 12(b) of the Act: pursuant 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,” “smaller 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 12, 2026, the registrant had 10,818,910 shares of common stock, $0.0001 par value per share, outstanding. Table of Contents PART I.FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)Condensed Consolidated Balance SheetsCondensed Consolidated Statements of OperationsCondensed Consolidated Statements of Comprehensive LossCondensed Consolidated Statements of Stockholder’s EquityCondensed Consolidated Statements of Cash FlowsNotes to Unaudited Condensed Consolidated 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 ProceduresPART II.OTHER INFORMATIONItem 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.ExhibitsSignatures1 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains“forward-looking statements”within the meaning of Section 27A of the SecuritiesAct and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). Many of these statements can be identified bythe use of terminology such as“believes,”“expects,”“intends,”“anticipates,”“plans,”“may,”“will,”“could,”"would,”“projects,”“continues,”“estimates,”“potential,”“opportunity”or the negative versions of these terms and other similar expressions. Ouractual results or experience could differ significantly from the forward-looking statements. Factors that could cause or contributeto these differences include those discussed in“Risk Factors,”in Part II, Item 1A of this Quarterly Report on Form 10-Q as well as You should not place undue reliance on these types of forward-looking statements, which speak only as of the date that they weremade. These forward-looking statements are based on the beliefs and assumptions of the Company’s management based oninformation currently available to management and should be considered in connection with any written or oral forward-lookingstatements that the Company may issue in the future as well as other cautionary statements the Company has made and may make. The discussion of the Company’s financial condition and results of operations should be read in conjunction with the Company’sCondensed Consolidated Financial Statements and the related Notes thereto included in this Quarterly Report on Form 10-Q. ATERIAN, INC.Condensed Consolidated Balance Sheets(Unaudited) ATERIAN, INC.Condensed Consolidated Statements of Operations ATERIAN, INC.Condensed Consolidated Statements of Comprehensive Loss(Unaudited) (1)Includes amounts from discontinued operations, please see Note 3,Held for Sale Classification and DiscontinuedOperations Presentationfor additional details. The accompanying notes are an integral part of these unaudited Condensed Consolidated Financial Statements. ATERIAN, INC.Condensed Consolidated Statements of Stockholders’Equity ATERIAN, INC.Condensed Consolidated Statements of Cash Flows Table of Contents Aterian, Inc.Notes to Condensed Consolidated Financial Statements 1.COMPANY OVERVIEW Aterian, Inc. (the "Company") is a consumer products company that predominantly operates through online retail channels such asAmazon, Walmart, and Target and its own direct to consumer websites. The Company operates its owned brands, which wereeither incubated or purchased, selling products in multiple categories, including home and kitchen appliances, kitchenware, air Headquartered in New Jersey, the Company also maintains offices in China, the Philippines, and the United Kingdom. Asset Purchase Agreement On April 27, 2026, Aterian, Inc. (the “Company” or “Aterian”) and Trademark Global, LLC (“Trademark Global”) entered into anAsset Purchase Agreement (the “Asset Purchase Agreement”), pursuant to which Trademark Global has agreed to acquire certainspecified assets and liabilities of the Company, including, among other things, assets