Financial Performance - Overall revenue decreased by 36% in Q1 2025 compared to Q1 2024, primarily due to product shortages and reduced demand in key regions[58]. - Revenue decreased to $2.3 million in Q1 2025, a 36% decline from $3.6 million in Q1 2024, driven by a 37% drop in audio conferencing, 54% in video products, and 29% in microphones[76]. - Gross profit margin fell to 5.2% in Q1 2025 from 31.8% in Q1 2024, driven by a larger percentage decrease in revenue than in cost of goods sold[59]. - Operating loss increased to $2.8 million in Q1 2025 from $2.1 million in Q1 2024, representing a 37% adverse change[75]. - Net loss increased from $(1.9) million in Q1 2024 to $(2.8) million in Q1 2025, attributed to decreased revenues and gross margin[61]. - Cash used in operating activities was approximately $1.4 million in Q1 2025, a decrease of $1.8 million from cash provided in Q1 2024[88]. - As of March 31, 2025, cash and cash equivalents were approximately $0.9 million, down from $1.4 million as of December 31, 2024[87]. - Total operating expenses in Q1 2025 were $3.0 million, a slight decrease from $3.2 million in Q1 2024[81]. Strategic Initiatives - ClearOne is exploring strategic alternatives to maximize shareholder value, including potential mergers, acquisitions, or divestitures[62]. - The company faces substantial doubt about its ability to continue as a going concern without completing strategic transactions or raising additional capital[63]. - The company raised $1 million in a private placement transaction in February 2025 to address liquidity concerns[91]. Product Developments - The DIALOG® 20 USB wireless microphone system launched at ISE 2024 saw a 319% increase in unique visitors compared to 2023[51]. - The DIALOG® UVHF wireless microphone system received the 2024 Communications Solutions Products of the Year award[52]. - The BMA 360DX ceiling tile microphone array was launched with advanced features and won a Best of Show award at ISE 2025[53]. - The Versa® 120D USB-C Docking Station was introduced to enhance hybrid meeting experiences, supporting dual 4K60 displays[54]. Challenges and Risks - The company faced significant challenges due to supply chain issues and lack of component availability, impacting revenue growth[66]. - As of March 31, 2025, the company had open purchase orders of approximately $4.2 million, primarily for inventory[93]. - Deferred product revenue decreased to $12 thousand on March 31, 2025, compared to $17 thousand on December 31, 2024[72]. Accounting and Compliance - The company has maintained its critical accounting policies without changes since the last Annual Report for the year ended December 31, 2024[96]. - Recent accounting pronouncements are discussed in the notes to the unaudited condensed consolidated financial statements[97]. - There are no applicable quantitative and qualitative disclosures about market risk[98]. Dividend Announcement - ClearOne announced a one-time special cash dividend of $0.50 per share, paid on April 10, 2024[50].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from ______________to _______________. Commission File Number 001-42261 (Exact name of registrant as specified in its charter) | Delaware | 87-4227079 | | --- | --- | | (State or other jurisdiction of | (I ...

Revenue Performance - Net revenues increased from $211 million to $213 million (+$1.8 million, +1%) for the three months ended March 31, 2025[138] - Vinyl record sales rose from $78 million to $86 million (+$8 million, +11%) for the three months ended March 31, 2025, driven by an 18.8% increase in volume[138] - Physical movie sales increased from $42 million to $58 million (+$16 million, +39%) for the three months ended March 31, 2025, with a 27.6% rise in average selling price[140] - Net revenues decreased from $864 million to $836 million (-$28 million or -3.2%) for the nine months ended March 31, 2025[151] - Vinyl record sales increased from $242 million to $266 million ($24 million or 10%) for the nine months ended March 31, 2025[152] - Physical movie sales increased from $159 million to $197 million (+$39 million or +25%) for the nine months ended March 31, 2025[154] - Gaming product revenue declined from $43 million to $29 million (-$14 million, -32%) due to limited hardware availability and broader industry slowdown[142] - Gaming product revenue decreased from $287 million to $226 million (-$61 million or -21%) for the nine months ended March 31, 2025[156] Cost and Expenses - Total cost of revenues, excluding depreciation and amortization, increased from $183 million to $184 million (+$1 million, +0.4%) year over year[143] - Total operating expenses decreased from $88.4 million to $76.4 million (-$11.9 million or -13.5%) for the nine months ended March 31, 2025[158] - Total distribution and fulfillment expense declined from $38 million to $31.4 million for the nine months ended March 31, 2025[158] - Gross margin dollars decreased from $102 million to $97 million, resulting in a slight margin decline from 11.8% to 11.6% for the nine months ended March 31, 2025[157] Profitability Metrics - Non-GAAP Adjusted EBITDA improved from approximately $2.9 million to $4.9 million, a year-over-year increase of $2.0 million for the three months ended March 31, 2025[147] - Non-GAAP Adjusted EBITDA improved to approximately $24.4 million, up $2.2 million from approximately $22.2 million for the prior year period[162] - Net income increased to $9.3 million for the nine months ended March 31, 2025, compared to $2.1 million for the same period in 2024[163] Cash Flow and Liquidity - Cash provided by operating activities was $16.1 million, a decrease from $46.1 million in the prior year[169] - Cash availability increased from $47 million to $52 million (+$5 million, +11%) as of March 31, 2025[167] - Cash used in investing activities was $7.6 million for the nine months ended March 31, 2025, primarily due to the acquisition of Handmade by Robots[170] - Net cash used in financing activities improved to $7.6 million from $45.2 million in the prior year, reflecting tighter cash management controls[170] Debt and Financing - The Company entered into a three-year $120 million senior secured asset-based credit facility on December 21, 2023[164] - The revolver balance was reduced from $73 million to $68 million (-$5 million, -6.8%) year-over-year[166] - Interest expense decreased from $3.1 million to $2.4 million (-$0.6 million or -20.2%) for the three months ended March 31, 2025[145] - Total interest expense decreased from $9.5 million to $8.1 million (-$1.4 million, -14.9%) for the nine months ended March 31, 2025[159] Strategic Initiatives - The acquisition of Handmade by Robots for $7.6 million diversifies the product offerings with licensed vinyl figures[125] - Alliance entered into an exclusive distribution agreement with Paramount Pictures, enhancing its home entertainment distribution capabilities[123] - Direct-to-consumer (DTC) solutions accounted for approximately 35% of gross revenue for the three months ended March 31, 2025[138] - The company expects strong future demand for gaming hardware and accessories as the market awaits the next generation of consoles[142] Inventory Management - Inventory decreased by $15 million (14%) from approximately $108 million at March 31, 2024, to approximately $93 million at March 31, 2025[169]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 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: 001-42403 Alpha Cognition Inc. (Exact Name of Registrant as Specified in its Charter) | British Columbia | N/A | | --- | --- | | (S ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECT ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT For the transition period from ________ to ________ Commission File Number: 333-271198 Inspire Veterinary Partners, Inc. (Exact name of registrant as specified in its charter) | Nevada | 85-4359258 | | --- | --- ...

Financial Performance - Total revenue for Q1 2025 was $165.8 million, a decrease of 38.5% compared to $270.1 million in Q1 2024[12] - New vehicle retail revenue decreased to $97.5 million from $152.7 million, representing a decline of 36.1% year-over-year[12] - Gross profit increased to $43.8 million, up 16.4% from $37.8 million in the same period last year[12] - Net loss for Q1 2025 was $9.5 million, compared to a net loss of $22.0 million in Q1 2024, showing an improvement of 56.7%[12] - Total revenues for the three months ended March 31, 2024, were revised to $270.1 million after an adjustment of $(466) thousand[27] - The net loss attributable to common stockholders for Q1 2025 was $9.533 million, compared to a net loss of $23.964 million in Q1 2024[77] - Basic loss per share for Q1 2025 was $(0.09), significantly improved from $(1.67) in Q1 2024[77] - Adjusted EBITDA for the quarter ended March 31, 2025, was $(4.0) million, compared to $(18.2) million for the same period in 2024[170] Cash and Liquidity - Cash and cash equivalents decreased to $19.7 million from $24.7 million at the end of Q4 2024, a decline of 20.1%[10] - As of March 31, 2025, the company had cash and cash equivalents of $20 million, debt obligations of $47.7 million, and floor plan notes payable of $210.9 million[24] - The company’s liquidity needs are primarily satisfied through cash flows from operations, borrowings under credit facilities, and potential financing options[175] - For the three months ended March 31, 2025, the company reported a net cash provided by operating activities of $26,032,000, a decrease of 67.5% compared to $80,240,000 in the same period of 2024[180] - The company experienced a net cash inflow of $113,932,000 from investing activities, primarily from the sale of five dealerships, which was used to repay $61.2 million of floor plan notes payable and $46.1 million of term loan and mortgage debt[181] Inventory and Assets - The company reported a significant increase in inventories, which rose to $182.6 million from $211.9 million, a decrease of 13.8%[10] - Inventories, net, decreased from $211.9 million as of December 31, 2024, to $182.6 million as of March 31, 2025[35] - The current replacement costs of LIFO inventories exceeded their recorded values by $22.4 million as of March 31, 2025[34] - As of March 31, 2025, current assets held for sale totaled $16,049,000, a decrease from $86,869,000 as of December 31, 2024, while long-term assets held for sale decreased to $18,563,000 from $75,747,000[45] Debt and Financing - The outstanding principal balance of the Revolving Credit Facility was $27,800,000 as of March 31, 2025, with an interest rate of 7.83%[56] - The Floor Plan Credit Facility had an outstanding balance of $210,900,000 at an interest rate of 6.93% as of March 31, 2025[59] - Future contractual maturities of total debt are projected to be $52,228,000, with $8,846,000 due in the remainder of 2025[67] - The company entered into a term loan agreement with Coliseum Holdings I, LLC for an initial principal amount of $35,000,000, maturing December 29, 2026[62] - As of March 31, 2025, the outstanding principal balance of a term loan with Coliseum Holdings I, LLC was $18.4 million[92] Operational Efficiency - The company plans to continue focusing on operational efficiency and cost management to improve profitability in the upcoming quarters[12] - SG&A expenses decreased by $10.3 million, or 21.0%, primarily due to a reduction in employee-related costs and marketing expenses[161] - Floor plan interest expense decreased by $3.1 million, or 40.2%, due to a reduction in floor plan notes payable[163] - The company is focused on managing inventory levels to reflect consumer demand and has strategies in place for customer retention and growth[118] Market Presence and Sales - The company had 17 dealerships across various states as of March 31, 2025, maintaining its market presence[19] - Revenue from Florida accounted for 48% of total revenue for the three months ended March 31, 2025, compared to 44% in the same period of 2024[71] - The company achieved a pre-owned to new vehicle sales ratio of 70.4% for the quarter ended March 31, 2025, with a goal to reach a 1:1 ratio[122] - The company offers a comprehensive selection of over 3,400 new and pre-owned RVs, aiming to provide a full spectrum of products and services for RV owners[117] Internal Controls and Compliance - The company identified material weaknesses in its internal control over financial reporting, particularly in Information Technology General Controls (ITGC) related to user access and program change management[207] - As of March 31, 2025, the company's disclosure controls and procedures were deemed ineffective due to previously identified material weaknesses[206] - Management concluded that the inherent limitations of control systems may lead to undetected misstatements due to error or fraud[205] - The company is currently in the process of remediating the identified material weaknesses[206]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Lazydays Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) | Delaware | 82-4183498 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 4042 Park Oaks Blvd, Tampa, Florida | 33610 | | (Address of Principal Executive Offices) | (Zip Code) | FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 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 No. 001-40729 DATCHAT, INC. (Exact name of registrant as specified in its charter) Nevada 47-2502264 (State or Othe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) | California | 95-4249240 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | 28040 West Harrison Parkway, Valencia, California 91355-4162 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, 2025 or ☐ TRANSITION REPORT P ...