Teamshares 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 June 30, 2026 OR 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 001-42540__________________________________ TEAMSHARES INC. (Exact name of registrant as specified in its charter)__________________________________ 61-2235506 Delaware(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) (Zip Code) Registrant’s telephone number, including area code:(917) 310-2731 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 of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements 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 405of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growthcompany” 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 anynew 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 August11, 2026, there were 73,660,516 shares of the registrant’s common stock, par value $0.0001 per share, outstanding. Table of contents Part I - Financial Information Item 1. Financial Statements5Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations38Item 3. Quantitative and Qualitative Disclosures About Market Risk53Item 4. Controls and Procedures53 Item 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. Exhibits Signatures CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Quarterly Report”) contains “forward-looking statements” within the meaning ofSection 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act of 1934, asamended (the “Exchange Act”). All statements other than statements of historical facts contained in this Quarterly Report are forward-looking statements. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Whenused in this Quarterly Report, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,”“might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would,” “strategy,” “outlook,” the negative of thesewords or other similar expressions may identify forward-looking statements, but the absence of these words does not mean that astatement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding our operations, our financial performanceand our industry; our business strategy, business plan, and plans to drive long term sustainable shareholder value; and our expectationson revenue and cash generation. These forward-looking statements reflect the Company’s predictions, projections or expectationsbased upon currently available information and data. Our actual results, performance or achievements may differ materially from thoseexpressed or implied by the forward-looking statements, and you are cautioned not to place undue reliance on these forward-lookingstatements. The following important factors and uncertainties, among others, could cause actual outcomes or results to differmaterially from those indicated by the forward-looking statements: •our ability to realize the benefits expected from the business combination pursuant to the Agreement and Plan of Merger,dated as of November 14, 2025 (as amended by the First Amendment dated April 1, 2026 and the Second Amendment datedMay 13, 2026, the “Merger Agreement”) by and among Live Oak Acquisition Corp. V, a Cayman Islands exempted company(“Live Oak”), Catalyst Sub Inc., a Delaware