Exyn Technologies Inc 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ____________ to ____________ Commission File Number 001-43296 Exyn Technologies, Inc.(Exact name of Registrant as specified in its Charter) Delaware(State or other jurisdiction ofincorporation or organization)2118 Washington Avenue, Suite 1000Philadelphia, Pennsylvania(Address of principal executive offices) Registrant’s telephone number, including area code: (215) 999-0200 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 Act of 1934during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filingrequirements 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 Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or anemerging 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. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised 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☒ The number of shares of Registrant’s common stock outstanding as of June 29, 2026 was 7,953,957. TABLE OF CONTENTS PART I. FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited) 1Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 20251Condensed Consolidated Statements of Operations and Comprehensive Loss for the ThreeMonths Ended March 31, 2026 and 20252Condensed Consolidated Statements of Changes in Stockholders’ Deficit for the Three MonthsEnded March 31, 2026 and 20253Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026and 20254Notes to Unaudited Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item 3.Quantitative and Qualitative Disclosures About Market Risk26Item 4. Controls and Procedures26 Item 1.Legal Proceedings28Item1A.Risk Factors28Item 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchase of EquitySecurities58Item 3.Defaults Upon Senior Securities59Item 4.Mine Safety Disclosures59Item 5. Other Information59Item 6. Exhibits59 SIGNATURES CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, asamended (the “Exchange Act”). All statements, other than statements of historical fact, included or incorporated in thisreport regarding, among other things, our management team’s expectations, hopes, beliefs, intentions or strategiesregarding the future, are forward-looking statements. In addition, any statements that refer to projections, forecasts orother characterizations of future events or circumstances, including any underlying assumptions, are forward-lookingstatements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intends,”“may,”“might,”“plan,”“possible,”“potential,”“predict,”“project,”“should,”“will,”“would”and similarexpressions may identify forward-looking statements, but the absence of these words does not mean that a statement isnot forward-looking. Forward-looking statements contained in this Quarterly Report on Form 10-Q may include, but are not limited to,statements about: ●our market opportunity and the potential growth of that market; ●our strategy, outcomes, and growth prospects;●trends in our industry and markets; and●the competitive environment in which we operate. Some of the factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include: ●our failure to manage our growth effectively and our ability to achieve and maintain profitability;●our failure to raise substantial additional funds in the future;●our inability to adapt and respond effectively to rapidly