AMMO, INC. Files Q1 2025 10-Q Report

TL;DR

AMMO, INC. Q1 2025 10-Q is out. Check ammo sales & marketplace fees.

AI Summary

AMMO, INC. filed its Q1 2025 10-Q report for the period ending June 30, 2024. The company reported its financial performance, including details on ammunition sales and marketplace fee revenue. Key financial data and operational highlights are presented in this filing.

Why It Matters

This filing provides investors with the latest financial performance data for AMMO, INC., crucial for understanding the company's current operational health and future prospects in the ammunition and accessories market.

Risk Assessment

Risk Level: medium — The company operates in a niche industry with potential regulatory and market demand fluctuations, requiring careful monitoring of its financial health.

Key Numbers

• 0001015383 — Central Index Key (Unique identifier for AMMO, INC. in SEC filings.)
• 001-13101 — SEC File Number (SEC's file number for AMMO, INC.)

Key Players & Entities

• AMMO, INC. (company) — Filer of the 10-Q report
• June 30, 2024 (date) — End of the reporting period for the Q1 2025 10-Q
• Q1 2025 (period) — Fiscal quarter reported

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value POWW The Nasdaq Stock Mar

Filing Documents

• form10-q.htm (10-Q) — 902KB
• ex10-2.htm (EX-10.2) — 44KB
• ex31-1.htm (EX-31.1) — 9KB
• ex31-2.htm (EX-31.2) — 9KB
• ex32-1.htm (EX-32.1) — 4KB
• ex32-2.htm (EX-32.2) — 4KB
• 0001493152-24-030836.txt ( ) — 5533KB
• poww-20240630.xsd (EX-101.SCH) — 46KB
• poww-20240630_cal.xml (EX-101.CAL) — 66KB
• poww-20240630_def.xml (EX-101.DEF) — 224KB
• poww-20240630_lab.xml (EX-101.LAB) — 374KB
• poww-20240630_pre.xml (EX-101.PRE) — 290KB
• form10-q_htm.xml (XML) — 760KB

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 3 Condensed Consolidated Balance Sheets as of June 30, 2024 (Unaudited) and March 31, 2024 3 Condensed Consolidated Statements of Operations (Unaudited) for the three months ended June 30, 2024 and 2023 4 Condensed Consolidated Statements of Shareholders' Equity (Unaudited) for the three months ended June 30, 2024 and 2023 5 Condensed Consolidated Statements of Cash flow (Unaudited) for the three months ended June 30, 2024 and 2023 6 Notes to Condensed Consolidated Financial Statements (Unaudited) 8 ITEM 2:

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION 25 ITEM 3: QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK 33 ITEM 4:

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 33 PART II ITEM 1:

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 35 ITEM 1A:

RISK FACTORS

RISK FACTORS 35 ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 35 ITEM 3: DEFAULTS UPON SENIOR SECURITIES 36 ITEM 4: MINE SAFETY DISCLOSURE 36 ITEM 5: OTHER INFORMATION 36 ITEM 6: EXHIBITS 36

SIGNATURES

SIGNATURES 37 2 PART I ITEM 1. FINANCIAL STATEMENTS AMMO, Inc. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2024 March 31, 2024 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 50,754,570 $ 55,586,441 Accounts receivable, net 19,436,712 28,221,321 Due from related parties 4,800,000 - Inventories 54,717,709 45,563,334 Prepaid expenses 4,244,197 2,154,170 Total Current Assets 133,953,188 131,525,266 Equipment, net 57,998,933 58,082,040 Other Assets: Deposits 1,325,806 349,278 Patents, net 4,415,924 4,539,290 Other intangible assets, net 107,982,842 111,049,067 Intangible assets, net 107,982,842 111,049,067 Goodwill 90,870,094 90,870,094 Right of use assets - operating leases 1,825,564 2,000,093 Deferred income tax asset 4,046,430 1,487,088 TOTAL ASSETS $ 402,418,781 $ 399,902,216 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Accounts payable $ 22,678,651 $ 23,156,495 Accrued liabilities 17,141,591 7,030,667 Current portion of operating lease liability 488,887 479,651 Current portion of construction note payable 276,616 273,459 Insurance premium note payable 1,680,594 - Total Current Liabilities 42,266,339 30,940,272 Long-term Liabilities: Contingent consideration payable 39,852 59,838 Construction note payable, net of unamortized issuance costs 10,710,081 10,735,241 Operating lease liability, net of current portion 1,426,740 1,609,836 Total Liabilities 54,443,012 43,345,187 Shareholders' Equity: Series A cumulative perpetual preferred Stock 8.75 %, ($ 25.00 per share, $ 0.001 par value) 1,400,000 shares issued and outstanding as of June 30, 2024 and March 31, 2024, respectively 1,400 1,400 Common stock, $ 0.001 par value, 200,000,000 shares authorized 120,686,636 and 120,531,507 shares issued and 118,756,733 and 119,181,067 outstanding at June 30, 2024 and March 31, 2024, respectively 118,757 119,181 A

View Full Filing

View this 10-Q filing on SEC EDGAR