FORM 10-Q 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 shorter 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 June 26, 2026, there were 9,156,530 shares of the registrant’s Class A common stock, par value $0.001 per share, and5,426,402 shares of the registrant’s Class B common stock, par value $0.001 per share, issued and outstanding. TABLE OF CONTENTS CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements made pursuant to the safe harbor provisions of thePrivate Securities Litigation Reform Act of 1995 under Section 27A of the Securities Act of 1933, as amended (the “Securities Act”),and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Statements regarding our future results ofoperations and financial position, business strategy and plans and objectives of management for future operations, including, amongothers, statements regarding liquidity, growth and profitability strategies and factors and trends affecting our business are forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. These forward-looking statements speak only as of the date of filing this Quarterly Report with the Securities and ExchangeCommission (the “SEC”), and include, without limitation, statements about the following: ●our future financial performance, including our expectations regarding our revenue, cost of revenue, gross profit or grossmargin, cash flow, operating expenses, including changes in operating expenses, and our ability to achieve and maintainfuture profitability; ●our business plan and our ability to effectively manage our growth, including any international expansion;●our estimated addressable total market opportunity;●anticipated trends, growth rates, and challenges in our business and in the markets in which we operate;●our expectations regarding overall demand for our products and solutions;●our expectations regarding customers’ IT spending budgets;●market acceptance of our products and solutions and our ability to increase adoption of our products and solutions;●beliefs and objectives for future operations; ●our expectations concerning relationships with third parties, including our expectations concerning relationships withsuppliers, vendors and payment partners; ●future acquisitions or investments in complementary companies, products, services, or technologies and our ability tosuccessfully integrate them into our business and operations; ●our ability to maintain, protect, and enhance our intellectual property; ●the effects of increased competition in our markets and our ability to compete effectively; ●our ability to stay in compliance with laws and regulations that currently apply or may become applicable to our businessboth in the United States and internationally; ●changes in applicable laws or regulations and extensive and evolving government regulations that impact our operations andbusiness; ●our reliance on key personnel and our ability to identify, recruit and retain skilled personnel; ●economic and industry trends, projected growth or trend analysis, including as it relates to AI; ●general macroeconomic conditions in the United States and globally, including the effects of tariffs, immigration policy,inflation, rising or volatile interest rates, foreign currency fluctuations, instability in the global banking system, climate-related events and geopolitical conflicts or tensions such as those in Ukraine and the Middle East; ●the impact of remote and hybrid work models on our business, operations and the markets in which we operate; ●our ability to operate and grow our business in light of macroeconomic uncertainty; ●the level of product service failures that could lead our customers to use competitors’ services; ●investigations, claims, disputes, enforcement actions, litigation and/or other regulatory or legal proceedings, including withrespect to our AI technology; ●increased expenses associated with being a public company; ●other stateme