REalloys Inc 2026年季度报告

(Mark One)QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch 31, 2026 OR Commission file number 001-41051 REALLOYS INC. (Exact name of registrant as specified in its charter)_________________________ 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 Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject 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 Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit 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 reportingcompany, 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. 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 for complyingwith 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). The registrant had outstanding 61,213,498 shares of common stock as of May 15, 2026. EXPLANATORY NOTE On March 10, 2025, REalloys Inc .(formerly known as Blackboxstocks Inc., “Blackboxstocks”; “REalloys” or the “Company”) and its whollyowned subsidiary, RABLBX Merger Sub, Inc., (“RABLBX”), entered into an Agreement and Plan of Merger, as amended by that certainAmendment No. 1 (“Amendment No. 1”), dated as of July 1, 2025, Amendment No. 2 (“Amendment No. 2”), dated as of August 22, 2025, andAmendment No. 3 (“Amendment No. 3”) dated as of December 10, 2025 (collectively, the “Merger Agreement”), with REalloys Solutions Inc.(formerly known as REalloys Inc.; “Private REalloys”). In accordance with the Merger Agreement, RABLBX merged with and into PrivateREalloys, with Private REalloys surviving as a wholly owned subsidiary of the Company. On February 24, 2026, (i) pursuant to an amendmentto its Articles of Incorporation, the Company changed its name from “Blackboxstocks Inc.” to “REalloys Inc.”, (ii) pursuant to an amendmentto its Articles of Incorporation, Private REalloys changed its name to “REalloys Solutions Inc.”, and (iii) REalloys and RABLBX filed theCertificate of Merger with the State of Nevada (the “Merger”). On February 24, 2026, the Merger closed (the “Closing” and such date, the“Closing Date”). The information in this Quarterly Report on Form 10-Q (the “Quarterly Report”) reflects the consummation of the Merger. REalloys, Inc. and Subsidiaries TABLE OF CONTENTS Part I - Financial Information Item 1. Financial Statements REalloys, Inc. and SubsidiariesCondensed Consolidated Balance Sheets(In thousands, except share and per share data) REalloys, Inc. and SubsidiariesCondensed Consolidated Statements of Operations(In thousands, except share and per share data) REalloys Inc.Condensed Consolidated Statements of Cash Flows (Unaudited)(In thousands) REalloys, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements (Unaudited) (Amounts in thousands, except as noted and share and per share amounts) Note 1 – Description of Business and Basis of Presentation Description of Business REalloys, Inc. (the “Company” or “REalloys”) is a development-stage company building a North American integrated rare earth tohigh-performance neodymium iron boron (“NdFeB”) magnet materials and magnet supply chain focused on meeting the demands of theprotected markets of the United States, which includes the U.S. National Defense Stockpiles (“NDS”), Defense Industrial Base (“DIB”),Nuclear Industrial Base (“NIB”), robotics, electric aviation, and critical infrastructure industries. The Company trades on The Nasdaq CapitalMarket under the ticker symbol “ALOY.” The Company has adopted a structured approach to building its North American rare earth to high performance NdFeB magnetmaterials and magnet supply chain through producing magnet materials and magnets that meet the performance requirements of US ProtectedMarkets clients andbuilding capacity to meet the demand of US Protected Market clients on a timetable to meet such demand In line with this strategy, the Company initially acquired 100% of Strategic Metals Development Inc., on May 29, 2024, which owns100% of the Hoi