Asure Software Inc 2026年季度报告

☒Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March31, 2026☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from __ to __ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90 days. ☒Yes☐NoIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, 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. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited) Condensed Consolidated Balance Sheets as of March 31, 2026,and December 31, 2025Condensed Consolidated Statements of Comprehensive Income andLoss for the Three Months Ended March 31,2026,and March 31, 2025Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three Months Ended March 31, Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026,and March 31,2025 Notes to Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II - OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Amounts in thousands, except per share data unless otherwise noted) NOTE 1 - THE COMPANY AND BASIS OF PRESENTATION Asure Software, Inc. (“Asure”, the “Company”, “we” and “our”), a Delaware corporation, is a provider of cloud-based Human CapitalManagement (“HCM”) software solutions delivered as Software-as-a-Service (“SaaS”) to businesses of all sizes. We offer human resources(“HR”) tools necessary to build a thriving workforce, provide the resources to stay compliant with dynamic federal, state, and local taxjurisdictions and their respective labor laws, freeing cash flows so these businesses can spend their financial capital on growing their businessesrather than administrative overhead that can impede growth. Our solutions also provide new ways for employers to connect with theiremployees and strengthen relationships with their talent. At the core of our offering is the Asure HCM platform—a SaaS-based system thatincludes Payroll & Tax filing, HR management tools, Time & Attendance software, Recruiting, and Benefits Administration. This platformserves as the foundation for delivering both our core software and a range of complementary, technology-enabled services. These includeAsureMarketplace™, which automates data exchange between our HCM system and third-party providers to increase efficiency, accuracy, and We strive to be the most trusted HCM resource. Our solutions solve three primary challenges that prevent businesses from growing:HR complexity, allocation of human and financial capital, and the ability to build great teams. We sell our solutions through both direct andpartner channels. We supplement our direct sales efforts with partner programs that afford us access to opportunities in various geographic andindustry niches. Asure has two types of partners: Reseller Partners that white label our products while providing value-added services to theirclients (our indirect clients) and Referral Partners that provide us with client leads but do not resell our solutions. We have and will continue toinvest in research and development to expand our solutions. Our solutions reduce the administrative burden on employers and increaseemployee productivity while managing the employment lifecycle. The Asure HCM suite includes eight product lines: Asure Payroll & Tax, We develop, market, sell and support our offerings nationwide through our principal office in Austin, Texas, and from our processinghubs in Alabama, California, Florida, Georgia, New Jersey, New York, North Carolina, Ohio, South Dakota, Tennessee, Texas, Virginia, and We have prepared the accom