All In FutureTech Alliance Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-38226 ALL IN FUTURETECH ALLIANCE, INC.(FORMERLY KNOWN AS ALLIED GAMING & ENTERTAINMENT INC.)(Exact Name of Registrant as Specified in Its Charter) Securities registered pursuant to Section 12(b) of the Act: Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 forthe 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 definitions of “large accelerated filer”, “accelerated filer”, “smaller reportingcompany”, and “emerging growth company” in Rule12b-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 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 June 12, 2026, 6,377,521 shares of common stock, par value $0.0001 per share, were outstanding. ALL IN FUTURETECH ALLIANCE, INC. Index to Condensed Consolidated Financial Statements PART I FINANCIAL INFORMATION1ITEM 1.Financial Statements.1Condensed Consolidated Balance Sheets as of March 31, 2026 (unaudited) and December 31, 20251Unaudited Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20252Unaudited Condensed Consolidated Statements of Comprehensive Loss for the Three Months Ended March 31,2026 and 20253Unaudited Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three Months EndedMarch 31, 2026 and 20254Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and20255Notes to Unaudited Condensed Consolidated Financial Statements7ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations.25ITEM 3.Quantitative and Qualitative Disclosures About Market Risk.30ITEM 4.Controls and Procedures.30PART II - OTHER INFORMATION31ITEM 1.Legal Proceedings.31ITEM 1A.Risk Factors.31ITEM 2.Unregistered Sales of Equity and Use of Proceeds.33ITEM 3.Defaults Upon Senior Securities.33ITEM 4.Mine Safety Disclosures.33ITEM 5.Other Information.33ITEM 6.Exhibits.33SIGNATURES34i PART I FINANCIAL INFORMATION ALL IN FUTURETECH ALLIANCE, INC. AND SUBSIDIARIESCondensed Consolidated Statements of Changes in Stockholders’ EquityFor The Three Months Ended March 31, 2026 and 2025(unaudited) ALL IN FUTURETECH ALLIANCE, INC. AND SUBSIDIARIESCondensed Consolidated Statements of Cash Flows(unaudited) ALL IN FUTURETECH ALLIANCE, INC. AND SUBSIDIARIESCondensed Consolidated Statements of Cash Flows, continued(unaudited) For the Three MonthsEndedMarch 31, All in FutureTech Alliance, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements(unaudited) Note 1 – Business Organization and Nature of Operations All in FutureTech Alliance, Inc. (formerly known as Allied Gaming & Entertainment Inc.,“AIFA” and together with itssubsidiaries, the “Company”) operates a public esports and entertainment company through its wholly owned subsidiaries AlliedEsports Media Inc., (“AEM”), Allied Esports International, Inc., (“AEII”), Esports Arena Las Vegas, LLC (“ESALV”), Allied MobileEntertainment Inc. (“AME”), Allied Mobile Entertainment (Hong Kong) Limited (“AME-HK”), Allied Experiential Entertainment Inc.(“AEE”), AGAE Investment Limited, formerly known as Skyline Music Entertainment (Hong Kong) Limited (“Skyline HK”), BeijingLianhuan Technology Co., Ltd (“BLT”), and Allied Commercial Development (Hainan) Co., Ltd (“ACD”). AEII produces a variety ofesports and gaming-related content, including world class tournaments, live and virtual events, and original programming tocontinuously foster an engaged gaming community. ESALV operates HyperX Arena Las Vegas, the world’s most recognized esportsfacility. AME-HK is a wholly owned subsidiary of AME and owns a 40% interest in Beijing Lianzhong Zhihe Technology Co. (“Z-Tech”). Z-Tech and BLT are engaged in the devel