CPS Technologies 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 period ended June 27, 2026or☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period fromto Commission file number0-16088 CPS TECHNOLOGIES CORP. CPS Technologies Corp.111 South Worcester StreetNorton, MA 02766-2102Former Name, Former Address and Former Fiscal Year if Changed since Last Report Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period than the registrant was required to file suchreports), and (2) has been subject to the filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronicallyevery Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was requiredto submitsuch files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer or a smallerreporting company, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company”” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☐ 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 has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15U.S.C. 7262(b)) bythe registered public firm that prepared or issued its audit report.☐Yes☒No Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act):☐Yes☒No Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on whichregisteredNASDAQ Capital Markets APPLICABLE ONLY TO CORPORATE ISSUERS:Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. Numberof shares of common stock outstanding as of July 26, 2026: 19,387,942. PART I FINANCIAL INFORMATION ITEM 1 FINANCIAL STATEMENTS (Unaudited) Condensed CPS TECHNOLOGIES CORP.Balance Sheets (Unaudited) Cash flows from operating activities:Net income (loss)$(256,432)$199,795Adjustments to reconcile net income (loss) to cash used in operating activities:Depreciation and amortization307,648321,189Share-based compensation223,094171,540Realized gain on sale of marketable securities(32,462)(12,183)Deferred taxes(232,812)135,828 CPS TECHNOLOGIES CORP.Notes to Financial Statements(Unaudited) (1)Nature of BusinessCPS Technologies Corporation (the “Company” or “CPS”) provides advanced material solutions to the electronics, power generation, automotive, defense and other industries. The Company’s primary advanced material solution is metal-matrixcomposites (“MMC”) which are a combination of metal and ceramic. CPS also assembles housings and packages for hybrid circuits. These housings and packagesmayinclude components madeof metal-matrix composites or theymayinclude components made of more traditional materials such as aluminum, copper,tungsten, etc. Using its proprietary MMC technology, the Company also produces light-weight armor, particularly for extremeenvironments and heavy threat levels. The Company also engages in research and development, in some cases government funded and in others internally funded,focused on developing new products in response to customer requirements. These products expand our offerings in existingmarkets and enable penetration into new markets. The Company sells into several end markets including the wireless communications infrastructure market, high-performancemicroprocessor market, motor controller, and other microelectronics and defense markets. (2)Summary of Significant Accounting PoliciesAs permitted by the rules of the Securities and Exchange Commission applicable to quarterly reports on Form10-Q, these notes are condensed and donotcontain all disclosures required by generally accepted accounting principles and should be read inconjunction with the audited financial statements and related notes included in the 2025 Annual Report. The accompanying financial statements are unaudited. In the opinion of management, the unaudited financial statements ofCPS reflect all normal recurring adjustments which are necessary to present fairly the financial position and results of opera