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FreeCast, Inc.

For the period ended Dec 31, 2025. Filed Mar 30, 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.

Dec 31, 2025 · Filed Mar 30, 2026

CAST$1.33-0.4%Stored close · as of Nov 6, 2026
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10-Q 1 ea0284064-10q_freecast.htm QUARTERLY REPORT

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 December 31, 2025

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 001-43122

FreeCast, Inc.

(Exact name of registrant as specified in its charter)

Florida45-2787251
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
6901 TPC Drive, Suite 100 Orlando, Florida32822
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number:(407) 374-1607

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
Class A common stock, $0.0001 par valueCASTThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant has been required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

There were 26,931,820 shares of Class A common stock outstanding as of March 27, 2026.

There were 13,925,640 shares of Class B common stock outstanding as of March 27, 2026.

TABLE OF CONTENTS

Page
PART I.FINANCIAL INFORMATION1
Item 1.Condensed Financial Statements (unaudited)1
Condensed Balance Sheets as of December 31, 2025 (unaudited), and June 30, 20251
Condensed Statements of Operations for the three and six months ended December 31, 2025, and 2024 (unaudited)2
Condensed Statements of Stockholders’ Deficit for the three months and six months ended December 31, 2025, and 2024 (unaudited)3
Condensed Statements of Cash Flows for the six months ended December 31, 2025, and 2024 (unaudited)4
Notes to Condensed Financial Statements (unaudited)5
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations.22
Item 3.Quantitative and Qualitative Disclosures About Market Risk.38
Item 4.Controls and Procedures.38
PART II.OTHER INFORMATION39
Item 1.Legal Proceedings.39
Item 1A.Risk Factors.39
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds.57
Item 3.Defaults Upon Senior Securities.57
Item 4.Mine Safety Disclosures.57
Item 5.Other Information.57
Item 6.Exhibits.58
Signatures59

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