Swarmer, Inc
For the period ended Mar 31, 2026. Filed May 14, 2026.
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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.
Mar 31, 2026 · Filed May 14, 2026
SWMR$8.77-2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $20,325 | $110,704 |
| Cost of revenue | 39,924 | 45,542 |
| Gross margin | (19,599) | 65,162 |
| Operating expenses: | ||
| Selling, general and administrative | 3,004,879 | 255,281 |
| Research and development | 1,486,082 | 522,198 |
| Total operating expenses | 4,490,961 | 777,479 |
| Loss from operations | (4,510,560) | (712,317) |
| Other income: | ||
| Other income | 51,725 | 18,340 |
| Loss before income taxes | (4,458,835) | (693,977) |
| Income tax expense | — | — |
| Net loss | $(4,458,835) | $(693,977) |
| Net loss per share of common stock, basic and diluted | $(0.28) | $(0.25) |
| Weighted-average shares of common stock outstanding, basic and diluted | 16,064,920 | 2,725,467 |
| Comprehensive loss: | ||
| Foreign currency translation adjustments | (23,541) | 266 |
| Total comprehensive loss | $(4,482,376) | $(693,711) |
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