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Midas Edge

Commerce.com, Inc.

For the period ended Sep 30, 2025. Filed Nov 6, 2025.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 6, 2025

CMRC$3.620.0%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

Page
PART I. · FINANCIAL INFORMATION
Item 1.Financial Statements1
Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 20241
Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2025 and 20242
Condensed Consolidated Statements of Comprehensive Loss for the three and nine months ended September 30, 2025 and 20243
Condensed Consolidated Statements of Stockholders’ Equity for the three and nine months ended September 30, 2025 and 20244
Condensed Consolidated Statements of Cash Flows for the three and nine months ended September 30, 2025 and 20246
Notes to Condensed Consolidated Financial Statements7
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations27
Item 3.Quantitative and Qualitative Disclosures About Market Risk41
Item 4.Controls and Procedures41
PART II.OTHER INFORMATION43
Item 1.Legal Proceedings43
Item 1A.Risk Factors43
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds44
Item 3.Defaults Upon Senior Securities44
Item 4.Mine Safety Disclosures44
Item 5.Other Information45
Item 6.Exhibits45
Signatures46

i

PART I—FINANCIAL INFORMATION

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.