<span item_type="fundamental" item_id="06e966193dc0c780fc0aaf26a80067ab" counter_id="ST/US/OBAI" env="prod"></span><span item_type="announcement" item_id="648614295045343745" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 2.347 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.41.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -6.375 M.</p><p></p><p>Our Bond, Inc. operates as a single operating and reportable segment, with financial information evaluated on a consolidated basis <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1756064/000149315226023347/form10-q.htm"></span>.</p><h4>Revenue</h4><p>Total Revenue increased by $98,000, or approximately 4.36%, to $2,347,000 for the three months ended March 31, 2026, compared to $2,249,000 for the same period in 2025 . SaaS Revenue (recognized over time) was $363,000 for the three months ended March 31, 2026, up from $330,000 in 2025 . Services and Other Revenue (recognized at point in time) was $1,984,000 for the three months ended March 31, 2026, compared to $1,919,000 in 2025 . For the three months ended March 31, 2026, the revenue mix was 15.47% from cloud-based SaaS services and 84.53% from physical service offerings, while for the three months ended March 31, 2025, it was 14.67% from cloud-based SaaS services and 85.33% from physical service offerings .</p><h4>Cost of Services Sold</h4><p>Total Cost of Services Sold increased by $124,000, or approximately 5.7%, to $2,300,000 for the three months ended March 31, 2026, from $2,176,000 in 2025 . Command Center Operations costs were $853,000 for the three months ended March 31, 2026, compared to $581,000 in 2025 . Security Services costs were $1,447,000 for the three months ended March 31, 2026, compared to $1,595,000 in 2025 .</p><h4>Gross Profit</h4><p>Gross Profit was $47,000 for the three months ended March 31, 2026, down from $73,000 in 2025 .</p><h4>Operating Expenses</h4><p>Total Operating Expenses increased by approximately $4,564,000 to $6,422,000 for the three months ended March 31, 2026, from $1,858,000 in 2025 . Research and Development expenses were $691,000 for the three months ended March 31, 2026, compared to $555,000 in 2025 . General and Administrative expenses were $2,441,000 for the three months ended March 31, 2026, compared to $1,026,000 in 2025 . Sales and Marketing expenses were $3,290,000 for the three months ended March 31, 2026, compared to $277,000 in 2025 . Key drivers of this increase included approximately $1.2 million in one-time public listing expenses, a $2.0 million strategic marketing investment for 2026 (TV ads), $0.8 million in investor relations expenses, and $0.4 million in incremental public company operating costs .</p><h4>Loss from Operations</h4><p>Loss from Operations was - $6,375,000 for the three months ended March 31, 2026, compared to - $1,785,000 in 2025 .</p><h4>Net Loss</h4><p>Net Loss was - $6,703,000 for the three months ended March 31, 2026, compared to - $2,162,000 in 2025 .</p><h4>Cash Flow</h4><p>Net Cash Used in Operating Activities was - $4,410,000 for the three months ended March 31, 2026, compared to - $1,416,000 in 2025, including non-recurring costs associated with public listing, strategic marketing, investor relations, and incremental public company operating costs . Net Cash Used in Investing Activities was - $11,000 for the three months ended March 31, 2026, primarily for IT and other electronic equipment purchases . Net Cash Provided by Financing Activities was $7,607,000 for the three months ended March 31, 2026, compared to $2,127,000 in 2025 . This included $2.95 million from Series D convertible preferred stock, $3.0 million from a promissory note (with a - $500,000 payment), and $3.356 million from Series C common warrants, partially offset by - $555,000 in related party loan repayments and various issuance costs . Cash and Cash Equivalents at End of Period were $3,758,000 as of March 31, 2026, compared to $1,420,000 as of March 31, 2025 .</p><h4>Unique Metrics</h4><p>Annual Recurring Revenue (ARR) was approximately $10 million for the three months ended March 31, 2026, compared to approximately $9.74 million in 2025 . Total Bookings were $10.5 million for the three months ended March 31, 2026, compared to $10.6 million in 2025 .</p><h4>Outlook and Strategy</h4><p>Our Bond, Inc. plans to increase investments in marketing and sales to accelerate growth and move towards profitability, leveraging its scalable platform and existing global ecosystem . The company expects to obtain additional capital through equity financing and other instruments to support operations and growth initiatives . Management projects improved platform utilization and profitability as sales and end-user numbers increase .</p>

Our Bond | 10-Q: FY2026 Q1 Revenue: USD 2.347 M