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Coda Octopus Group, Inc.

For the period ended Jul 31, 2025. Filed Sep 15, 2025.

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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.

Jul 31, 2025 · Filed Sep 15, 2025

CODA$8.34+3.7%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended July 31,2025

OR

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

For the transition period from ______________ to ______________

Commission File Number 001-38154

(Exact name of registrant as specified in its charter)

Delaware34-2008348
(State or other jurisdiction of Incorporation or organization)(I.R.S. Employer Identification Number)
3300 S Hiawassee Rd, Suite 104-105, Orlando, Florida32835
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code:(407) 735 2406

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

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockCODANasdaq

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 every Interactive Date File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit 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☒

The number of shares outstanding of issuer’s common stock, $0.001 par value as of September 15, 2025 is 11,248,867.

INDEX

Page
PART I – Financial Information3
Item 1: Financial Statements3
Consolidated Balance Sheets as of July 31, 2025 (Unaudited) and October 31, 20243
Consolidated Statements of Income and Comprehensive Income for the Three and Nine Months Ended July 31, 2025 and 2024 (Unaudited)5
Consolidated Statements of Changes in Stockholders’ Equity for the Three and Nine Months Ended July 31, 2025 and 2024 (Unaudited)6
Consolidated Statements of Cash Flows for the Nine Months Ended July 31, 2025 and 2024 (Unaudited)7
Notes to Unaudited Consolidated Financial Statements8
Item 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations24
Item 3: Quantitative and Qualitative Disclosures about Market Risks35
Item 4: Controls and Procedures35
PART II – Other Information36
Item 1: Legal Proceedings36
Item 1A: Risk Factors36
Item 2: Unregistered Sales of Equity Securities and Use of Proceeds36
Item 3: Default Upon Senior Securities36
Item 4: Mine Safety Disclosures36
Item 5: Other Information36
Item 6: Exhibits36
Signatures37
ContentsView on SEC.gov

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