FOR THE TRANSITION PERIOD FROM ___________ TO __________ 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 JUNE 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 001-41164 AleAnna, Inc. (Exact name of registrant as specified in its charter) | Delaware | 1311 | 98-1582153 | | --- | ...

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 June 30, 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 MYSEUM, INC. (Exact name of registrant as specified in its charter) Nevada 47-2502264 (State or Other ...

Table of Contents 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 June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39223 Sadot Group Inc. (Exact name of registrant as specified in its charter) | Nevada | | --- | (State or other jurisdiction (I.R.S. Employer of incorporat ...

PART I - FINANCIAL INFORMATION [Item 1. Condensed Consolidated Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) The unaudited condensed consolidated financial statements for Sadot Group Inc. as of June 30, 2025, reflect a strategic shift towards the Agri-Foods sector, with the restaurant business classified as discontinued operations [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet as of June 30, 2025, shows a decrease in total assets to $130.6 million from $164.7 million at year-end 2024, primarily due to a reduction in 'Other current assets' Condensed Consolidated Balance Sheet Highlights (in $'000) | Metric | June 30, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Cash | 422 | 1,786 | (1,364) | | Accounts receivable, net | 44,136 | 18,014 | 26,122 | | Total current assets | 118,719 | 152,679 | (33,960) | | Total assets | 130,629 | 164,654 | (34,025) | | **Liabilities & Equity** | | | | | Accounts payable and accrued expenses | 34,419 | 28,019 | 6,400 | | Total current liabilities | 94,526 | 132,170 | (37,644) | | Total liabilities | 94,690 | 132,281 | (37,591) | | Total stockholders' equity | 35,939 | 32,373 | 3,566 | [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) For the three months ended June 30, 2025, commodity sales decreased 34% year-over-year to $114.3 million, leading to a net income of $0.3 million, down from $2.3 million in Q2 2024 Statement of Operations Summary (in $'000, except per share data) | Metric | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :--- | :--- | :--- | :--- | :--- | | Commodity sales | 114,338 | 173,293 | 246,506 | 279,800 | | Gross profit | 4,987 | 5,788 | 10,999 | 8,598 | | Income from operations | 1,770 | 2,074 | 3,246 | 2,605 | | Net income | 286 | 2,317 | 1,106 | 2,004 | | Net income attributable to Sadot Group Inc. | 389 | 2,369 | 1,327 | 2,104 | | Diluted EPS (Continuing Operations) | $0.08 | $0.45 | $0.23 | $0.62 | [Condensed Consolidated Statements of Changes in Stockholders' Equity](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Changes%20in%20Stockholders'%20Equity) Total stockholders' equity increased from $32.4 million at year-end 2024 to $35.9 million as of June 30, 2025, driven by net income, stock-based compensation, and convertible loan conversions - Key equity changes in the first six months of 2025 include the conversion of **$1.55 million** in convertible loans into **1,239,111 shares** of common stock[21](index=21&type=chunk) - The number of common shares issued and outstanding increased from **5,225,147** at the end of 2024 to **6,810,403** as of June 30, 2025[21](index=21&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=12&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) For the six months ended June 30, 2025, the company experienced a significant negative shift in operating cash flow, using $5.4 million compared to providing $10.5 million in the same period of 2024 Cash Flow Summary (in $'000) | Activity | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net cash from operating activities | (5,367) | 10,461 | | Net cash from investing activities | — | 3 | | Net cash from financing activities | 3,978 | (1,940) | | **Net Increase (Decrease) in Cash** | **(1,364)** | **8,602** | | **Cash – end of period** | **422** | **9,956** | [Notes to the Condensed Consolidated Financial Statements (Unaudited)](index=16&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) The notes detail the company's transformation into a global Agri-Foods business, with its former restaurant segment now classified as discontinued operations and held for sale - The company transformed from a U.S. restaurant business to a global Agri-Foods supply chain organization in late 2022. The restaurant segment (Sadot Food Services) is now classified as held for sale and reported as discontinued operations[29](index=29&type=chunk)[32](index=32&type=chunk) - The company is experiencing delays in converting receivables into cash, which may impact liquidity. It utilizes a factoring agreement to manage short-term needs, under which it can sell eligible receivables for an **85% upfront advance**[33](index=33&type=chunk)[35](index=35&type=chunk)[36](index=36&type=chunk) - Gains from the fair value remeasurement of certain financial instruments were reclassified from 'Other income' to 'Cost of goods sold' to better reflect their economic link to inventory and sales activities[43](index=43&type=chunk) - Subsequent to the quarter end, the company invested **$13.4 million** in a carbon credit project, raised **$2.5 million** through a public stock offering, amended several convertible notes, closed its Sadot Korea subsidiary, and appointed a new CFO[266](index=266&type=chunk)[267](index=267&type=chunk)[278](index=278&type=chunk)[279](index=279&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=61&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's transformation into a global Agri-Foods business, with the restaurant operations discontinued, focusing on strategic shifts and liquidity Q2 2025 vs Q2 2024 Performance (in $'000) | Metric | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Commodity Sales | 114,338 | 173,293 | (58,955) | (34.0)% | | Gross Profit | 4,987 | 5,788 | (801) | (13.8)% | | Income from Operations | 1,770 | 2,074 | (304) | (14.7)% | | Net Income (to Sadot) | 389 | 2,369 | (1,980) | (83.6)% | YTD 2025 vs YTD 2024 Performance (in $'000) | Metric | YTD 2025 | YTD 2024 | Change ($) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Commodity Sales | 246,506 | 279,800 | (33,294) | (11.9)% | | Gross Profit | 10,999 | 8,598 | 2,401 | 27.9% | | Income from Operations | 3,246 | 2,605 | 641 | 24.6% | | Net Income (to Sadot) | 1,327 | 2,104 | (777) | (36.9)% | - The decrease in commodity sales is attributed to a strategic decision to not pursue trades with unfavorable margins[309](index=309&type=chunk)[322](index=322&type=chunk) - Working capital increased to **$24.2 million** from **$20.5 million** at year-end 2024, and the current ratio improved to **1.26** from **1.16**. However, the company notes operational challenges in converting receivables to cash[332](index=332&type=chunk)[335](index=335&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=83&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company states that this section is not applicable - The company has determined that quantitative and qualitative disclosures about market risk are not applicable for this reporting period[350](index=350&type=chunk) [Controls and Procedures](index=83&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, evaluated the company's disclosure controls and procedures as of June 30, 2025, and concluded they were effective - Based on an evaluation as of June 30, 2025, the CEO and CFO concluded that the company's disclosure controls and procedures are effective[351](index=351&type=chunk) - There were no changes during the period that have materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[352](index=352&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=84&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in two significant legal matters, a dispute with Cropit Farming Limited in Zambia and a complaint from Lombard Trading International Corp. in Florida - Sadot LLC is in a legal dispute with Cropit Farming Limited in Zambia over the validity of agreements, with claims and counterclaims filed. Damages sought by Cropit are approximately **$6.7 million**[355](index=355&type=chunk)[356](index=356&type=chunk) - The company is defending against a complaint from Lombard Trading International Corp. alleging unjust enrichment and fraud related to a commodities transaction, with the plaintiff seeking **$7.4 million** in damages[360](index=360&type=chunk) - Management believes it has strong defensible positions in these matters and has not recorded any material liabilities, as a loss is not considered probable or reasonably estimable at this time[358](index=358&type=chunk)[359](index=359&type=chunk) [Risk Factors](index=84&type=section&id=Item%201A.%20Risk%20Factors) This section refers to the risk factors detailed in the company's Annual Report on Form 10-K for the year ended December 31, 2024 - For a discussion of risk factors, the company refers investors to its Annual Report on Form 10-K for the year ended December 31, 2024, filed on March 11, 2025[361](index=361&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=85&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During the first half of 2025, the company issued numerous unregistered shares of its common stock, primarily for note conversions, consultant compensation, and related-party consulting fees - The company issued common stock for services rendered to consultants and board members[362](index=362&type=chunk)[364](index=364&type=chunk)[366](index=366&type=chunk) - A significant number of shares were issued in exchange for the conversion or repayment of notes payable throughout the period[368](index=368&type=chunk)[369](index=369&type=chunk)[370](index=370&type=chunk) - On March 31, 2025, the company vested **79,342 shares** of common stock to Aggia as consulting fees earned during Q1 2025[367](index=367&type=chunk) [Defaults Upon Senior Securities](index=87&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - There were no defaults upon senior securities during the reporting period[379](index=379&type=chunk) [Mine Safety Disclosures](index=87&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) The company states that this section is not applicable - This item is not applicable to the company[380](index=380&type=chunk) [Other Information](index=87&type=section&id=Item%205.%20Other%20Information) This section details significant leadership and board changes during and shortly after the quarter, including new CEO and CFO appointments and board resignations - Chagay Ravid was appointed as the new Chief Executive Officer on May 28, 2025[386](index=386&type=chunk) - Paul Sansom was appointed Chief Financial Officer, effective August 1, 2025, following the resignation of Jennifer Black[388](index=388&type=chunk) - The company experienced several changes to its Board of Directors, including the passing of one member and the resignation of two others, including the Chairman[381](index=381&type=chunk)[383](index=383&type=chunk) [Exhibits](index=88&type=section&id=Item%206.%20Exhibits) This section provides a list of all exhibits filed with the Form 10-Q, including agreements, corporate governance documents, and certifications

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 June 30, 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. 001-36517 Minerva Neurosciences, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 26-0784194 (State or Other Jurisdiction of ...

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 June 30, 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 001-05978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) | Ohio | 34-0553950 | | --- | --- | | (State or other j ...

PART I - FINANCIAL INFORMATION [Financial Statements (Unaudited)](index=5&type=section&id=Item%201.%20Financial%20Statements) Unaudited H1 2025 financials show total assets at $48.6 million, revenues at $14.6 million, and a $3.6 million net loss Condensed Consolidated Balance Sheet Highlights (as of June 30, 2025) | Metric | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $11,057,755 | $19,315,984 | | Total Current Assets | $25,028,665 | $28,331,386 | | Intangible assets, net | $10,397,620 | $2,366,119 | | Total Assets | $48,643,670 | $43,220,482 | | Total Current Liabilities | $8,864,955 | $1,535,641 | | Total Liabilities | $12,831,136 | $5,729,681 | | Total Stockholders' Equity | $35,812,534 | $37,490,801 | Condensed Consolidated Statements of Operations Highlights | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Revenues | $14,625,026 | $4,820,773 | | Gross Profit | $2,050,749 | $1,939,717 | | Loss From Operations | ($3,815,077) | ($2,995,962) | | Net Loss | ($3,612,146) | ($6,231,435) | | Net Loss Per Share (Basic and diluted) | ($0.18) | ($0.64) | Condensed Consolidated Statements of Cash Flows Highlights (Six Months Ended June 30, 2025) | Cash Flow Activity | Amount | | :--- | :--- | | Net cash used in operating activities | ($4,260,237) | | Net cash used in investing activities | ($3,987,492) | | Net cash used in financing activities | ($10,500) | | **Net change in cash and cash equivalents** | **($8,258,229)** | [Notes to Financial Statements](index=10&type=section&id=Notes%20to%20Financial%20Statements) Key notes detail the $8 million 5G ORAN asset acquisition, a $3.25 million loss from a 2024 digital currency scam - On March 26, 2025, the company entered an asset purchase agreement with Titan to acquire 5G ORAN radio product assets for an aggregate price of **$8 million** (**$4M cash**, **$4M restricted stock**). An initial payment of **$3.5M cash** and **$1.7M in stock** was made, with a remaining **$3M contingent liability** recorded[36](index=36&type=chunk)[152](index=152&type=chunk) - In Q1 2024, the company was a victim of a cyber phishing scam, resulting in a complete loss of a **$3.25 million investment** in digital assets, which was recorded during the year ended December 31, 2024[37](index=37&type=chunk)[38](index=38&type=chunk) Revenue by Segment (Six Months Ended June 30, 2025) | Segment | Domestic Sales | International Sales | Total Sales | | :--- | :--- | :--- | :--- | | AmpliTech Inc. and Specialty Microwave | $1,358,369 | $8,945,623 | $10,303,992 | | Spectrum | $2,629,042 | $1,691,992 | $4,321,034 | | **Total** | **$3,987,411** | **$10,637,615** | **$14,625,026** | - On July 22, 2025, the company entered into an "At-the-Market Offering" (ATM) agreement with Maxim Group LLC to sell up to **$25,000,000** of its common stock from time to time[155](index=155&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=33&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes revenue growth to 5G orders, accepting lower gross margins for market penetration Results of Operations Comparison (Three Months Ended June 30) | Metric | 2025 | 2024 | Change (%) | | :--- | :--- | :--- | :--- | | Revenues | $11,025,927 | $2,527,442 | +336.25% | | Gross Profit | $862,879 | $1,057,087 | -18.37% | | Gross Margin % | 7.83% | 41.82% | -33.99 pts | | Loss From Operations | ($1,925,059) | ($1,568,090) | +22.76% | | Net Loss | ($1,771,625) | ($1,576,274) | +12.40% | Results of Operations Comparison (Six Months Ended June 30) | Metric | 2025 | 2024 | Change (%) | | :--- | :--- | :--- | :--- | | Revenues | $14,625,026 | $4,820,773 | +203.38% | | Gross Profit | $2,050,749 | $1,939,717 | +5.72% | | Gross Margin % | 14.02% | 40.24% | -26.22 pts | | Loss From Operations | ($3,815,077) | ($2,995,962) | +27.34% | | Net Loss | ($3,612,146) | ($6,231,435) | -42.03% | - The sharp increase in revenue is predominantly from **5G orders** fulfilled as part of the Titan Asset Acquisition. The decline in gross margin percentage is a deliberate strategy to penetrate the global telecommunications market, with expectations of higher margins in the latter half of 2025 and beyond[171](index=171&type=chunk)[172](index=172&type=chunk)[173](index=173&type=chunk) - Research and development expenses increased by **89.78%** for the six-month period to **$1.4 million**, mainly for the development of the MIMO 64T64R Oran Cat B radio network and low-noise block down converter units (LNBs)[184](index=184&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=38&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is a smaller reporting company and is not required to provide the information for this item - As a smaller reporting company, AmpliTech Group is not required to provide quantitative and qualitative disclosures about market risk[199](index=199&type=chunk) [Controls and Procedures](index=38&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were not effective as of June 30, 2025, due to material weaknesses - The CEO and CFO concluded that disclosure controls and procedures were **not effective** as of June 30, 2025[200](index=200&type=chunk) - The ineffectiveness is due to material weaknesses related to a lack of written documentation of internal controls, ineffective IT general controls, and a lack of personnel to ensure adequate segregation of duties[202](index=202&type=chunk) - Despite the material weaknesses, management believes the financial statements included in the report are **fairly presented** in all material respects[200](index=200&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=40&type=section&id=Item%201.%20Legal%20Proceedings) The company reports no pending legal proceedings to which it is a party or of which any of its property is the subject - As of the report date, there are **no pending legal proceedings** against the company[208](index=208&type=chunk) [Risk Factors](index=40&type=section&id=Item%201A.%20Risk%20Factors) A new risk factor highlights increased U.S. government tariffs on imported products, potentially impacting revenues and profitability - A new risk factor has been identified related to increased U.S. government tariffs on imported products, which could negatively impact the company's revenues, profitability, and cash flows[210](index=210&type=chunk) - The tariffs affect countries where the company sources raw materials and components, which may force an increase in the selling prices of its finished products[210](index=210&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=40&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities or use of proceeds during the period - None reported for the period[211](index=211&type=chunk) [Other Information](index=40&type=section&id=Item%205.%20Other%20Information) The company reported no other information for this item - None reported for the period[213](index=213&type=chunk) [Exhibits](index=41&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including officer certifications and XBRL data files - The exhibits include certifications from the Principal Executive Officer and Principal Financial Officer, as well as XBRL instance documents[214](index=214&type=chunk)

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 June 30, 2025 ☐ 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 001-42044 NANO NUCLEAR ENERGY INC. (Exact name of registrant as specified in its charter) | | | (State or othe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 June 30, 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: 001-38130 Rein Therapeutics, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation ...

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 June 30, 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 001-35312 NUWELLIS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware No. 68-0533453 (State or Other Ju ...