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AI Financial Corp

For the period ended Jun 27, 2026. Filed Aug 17, 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.

Jun 27, 2026 · Filed Aug 17, 2026

AIFC$0.17+6.9%Stored close · as of Nov 6, 2026
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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 June 27,2026

or

☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Commission File No.0-19621

(Exact name of registrant as specified in its charter)

Nevada41-1454591
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
8548 Rozita Lee Ave, Suite 305 Las Vegas, Nevada89113
(Address of principal executive offices)(Zip Code)

702-997-5968

(Registrant’s telephone number, including area code)

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

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.001 par value per shareAIFCThe Nasdaq Stock Market LLC
(The Nasdaq Capital Market)

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 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 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. (Check one)

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 Act). ☐ Yes☒ No

As of August 12, 2026, there were 139,836,511 outstanding shares of the registrant’s common stock, with a par value of $0.001.

INDEX TO FORM 10-Q

Page
PART I. FINANCIAL INFORMATION
Item 1.Condensed Consolidated Financial Statements3
Unaudited Condensed Consolidated Balance Sheets as of June 27, 2026 and December 27, 20253
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income for the 13 and 26 weeks ended June 27, 2026 and June 28, 20254
Unaudited Condensed Consolidated Statements of Cash Flows for the 26 weeks ended June 27, 2026 and June 28, 20255
Unaudited Condensed Consolidated Statements of Stockholders’ Equity for the 13 and 26 weeks ended June 27, 2026 and June 28, 20256
Notes to Unaudited Condensed Consolidated Financial Statements8
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations34
Item 3.Quantitative and Qualitative Disclosures About Market Risk40
Item 4.Controls and Procedures41
PART II. OTHER INFORMATION
Item 1.Legal Proceedings43
Item 1A.Risk Factors43
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds43
Item 3.Defaults Upon Senior Securities43
Item 4.Mine Safety Disclosures43
Item 5Other Information43
Item 6.Exhibits44
SIGNATURES45
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