毛利：297萬美元（2026年Q1），去年同期為133萬美元，毛利率由16.8%升至23.5%。

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Table of Contents

 

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 March 31, 2026

 

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 001-41775

 

Capstone Holding Corp.

(Exact name of registrant as specified in its charter)

 

 Delaware
   86-0585310
 

 (State or other jurisdiction of
 incorporation or organization)
   (I. R. S. Employer
 Identification No.)
 

 

 18400 76th Avenue
 Tinley Park, IL 
  60477

 (Address of principal executive offices)
   (Zip Code)
 

 

(708) 371-0660

(Registrant’s telephone number, including area code)

 

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

 

 Title of each class
   Trading Symbol(s)
   Name of each exchange on which
 registered
 

 Common Stock
   CAPS
   The Nasdaq Stock Market LLC
 

 

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 (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post 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 to Section 7(a)(2)(B) of the Securities 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 of the registrant’s common stock outstanding as of May 19, 2026 was 12,625,905 shares.

 

 

 
 
 
  
 

 

 

 
 
 
 
 Table of Contents
 

 

 

   

 
  
 

 
 TABLE OF CONTENTS

  

 
 
 
  
  
 Page
 
 

 
 PART I
 
  
 1
 
 

 
  
  
  
 

 
 ITEM 1:
 
 FINANCIAL STATEMENTS
 
 1
 
 

 
  
 Consolidated Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025
 
 1
 
 

 
  
 Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025 (Unaudited)
 
 2
 
 

 
  
 Consolidated Statements of Stockholders’ Equity (Deficit) for the Three Months Ended March 31, 2026 and 2025 (Unaudited)
 
 3
 
 

 
  
 Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025 (Unaudited)
 
 4
 
 

 
  
 Notes to Consolidated Financial Statements (Unaudited)
 
 5
 
 

 
 ITEM 2:
 
 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS