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Beam Global

For the period ended Mar 31, 2026. Filed May 15, 2026.

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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.

Mar 31, 2026 · Filed May 15, 2026

BEEM$0.72+0.8%Stored close · as of Nov 6, 2026

What changed in Risk Factors?

Read the current filing

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 10 previous paragraphs and 8 current paragraphs.

7 unchanged; 1 reworded; 0 added; 2 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Removed paragraphs (2)

Previous report

A U.S. federal government shutdown or lapse in appropriations could adversely affect our business and results of operations.

Previous report

A portion of our revenues are derived, directly or indirectly, from contracts, grants, and programs funded by the U.S. federal government. Any shutdown or lapse in federal appropriations could delay the issuance of new contracts or slow the timing of payments on contracts already awarded. In addition, many of our customers depend on federal funding or incentive programs to support their purchases of our products. Any interruption, reduction, or delay in such funding could cause customers to postpone or cancel orders, which could adversely affect our revenues, cash flows, and financial condition. Prolonged shutdowns or uncertainty regarding future appropriations could also affect the timing of contract awards and have a material adverse effect on our business outlook. A significant portion of our sales are also made to state, local, and municipal agencies whose projects are supported by federal funding. A delay or reduction in the flow of federal funds to these agencies, whether as a result of a shutdown, budget impasse, or change in federal spending priorities, could limit their ability to initiate or complete projects involving our products. Any such disruption in the availability or timing of federal funding could adversely impact our results of operations and future growth.
Reworded paragraphs (1)

Previous wording

In addition to the risk factors set forth below and the other information set forth in this Form 10-Q, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, which could materially affect our business, financial condition, liquidity or future results. The risks described in our Annual Report on Form 10-K are not the only risks facing our company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may materially adversely affect our business, financial condition, liquidity or future results.

Current wording

In addition to the risk factors set forth in this Form 10-Q, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, which could materially affect our business, financial condition, liquidity or future results. The risks described in our Annual Report on Form 10-K are not the only risks facing our company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may materially adversely affect our business, financial condition, liquidity or future results.