The Elmet Group Co 2026年季度报告

FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 3, 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:001-43245 The Elmet Group Co.(Exact name of registrant as specified in its charter) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Name of Each Exchange on WhichRegistered Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch 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 besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod 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 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. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying 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 26, 2026, there were 29,979,863 shares of common stock outstanding. THE ELMET GROUP CO. TABLE OF CONTENTS PART I - FINANCIAL INFORMATION1Item 1.Financial Statements1Unaudited Consolidated Balance Sheets1Unaudited Consolidated Statements of Operations2Unaudited Consolidated Statements of Comprehensive (Loss) Income3Unaudited Consolidated Statements of Changes in Stockholders’ Equity4Unaudited Consolidated Statements of Cash Flows5Notes to Unaudited Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations43Item 3.Quantitative and Qualitative Disclosures About Market Risk70Item 4.Controls and Procedures70 PART II - OTHER INFORMATION71Item 1.Legal Proceedings71Item 1A.Risk Factors71Item 2.Unregistered Sales of Equity Securities and Use of Proceeds71Item 3.Defaults upon Senior Securities71Item 4.Mine and Safety Disclosure71Item 5.Other Information71Item 6.Exhibits72 FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (the “Report”) contains forward-lookingstatements about us and our industry thatinvolve substantial risks and uncertainties. All statements other than statements of historical fact contained in this Report, including,without limitation, statements regarding our future results of operations or financial condition, business strategy and plans, expansionplans and strategy, economic conditions, both generally and in particular in the regions in which we operate or plan to operate, andobjectivesof management for future operations,are forward-looking statements.In some cases,you can identify forward-lookingstatements by terminology such as “anticipate,” “believe,” “consider,” “contemplate,” “continue,” “could,” “estimate,”“expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will” or “would” or the negative of thesewords or other similar terms or expressions. Youshould not rely on forward-looking statements as predictions of future events.We have based the forward-lookingstatements contained in this Report primarily on our current expectations and projections about future events and trends thatwe believe may affect our business, financial condition and operating results. The outcome of the events described in these forward-lookingstatements is subject to risks, uncertainties and other factors described in the section titled “Risk Factors” and elsewhere inthis Report, including, but not limited to, the following: ●our market opportunities and the potential growth of those markets;●our strategy, expected outcomes, and growth prospects;●trends in our operations, industry, and markets;●our ability to execute our growth strategy and successfully acquire and integrate potential acquisition targets;●our future profitability, indebtedness, liquidity, access to capital, and the terms of such capital, and financial condition;●the amount of, and our ability to service, our current and future indebtedness;●any inability to attra