Swarmer, Inc

For the period ended Jun 30, 2026. Filed Aug 14, 2026.

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.

Jun 30, 2026 · Filed Aug 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.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Revenue	$216,413	$138,206	$236,738	$248,910
Cost of revenue	32,816	56,176	72,740	101,718
Gross margin	183,597	82,030	163,998	147,192
Operating expenses:
Selling, general and administrative	5,657,638	277,591	8,662,517	532,872
Research and development	1,805,532	577,256	3,291,614	1,099,454
Total operating expenses	7,463,170	854,847	11,954,131	1,632,326
Loss from operations	(7,279,573)	(772,817)	(11,790,133)	(1,485,134)
Other income (expense):
Change in fair value of Simple Agreement for Future Equity ("SAFE") liability	—	(869,000)	—	(869,000)
Change in fair value of Equity Line of Credit ("ELOC") derivative	(251,455)	—	(251,455)	—
Other income	205,990	14,635	257,715	32,975
Loss before income taxes	(7,325,038)	(1,627,182)	(11,783,873)	(2,321,159)
Income tax expense	—	—	—	—
Net loss	$(7,325,038)	$(1,627,182)	$(11,783,873)	$(2,321,159)
Net loss per share of common stock, basic and diluted	$(0.45)	$(0.51)	$(1.03)	$(0.78)
Weighted-average shares of common stock outstanding, basic and diluted	16,333,844	3,211,540	11,414,411	2,970,764
Comprehensive loss:
Foreign currency translation adjustments	223,943	14,478	200,402	14,744
Total comprehensive loss	$(7,101,095)	$(1,612,704)	$(11,583,471)	$(2,306,415)

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.