Axe Compute 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 March 31, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36790 Axe Compute Inc. 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 Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such ☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller Large accelerated filer☐Non-accelerated filer☒ Accelerated filer☐Smaller reporting company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying 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 Exchange Act). ☐Yes☒No As of May 11, 2026, the registrant had 10,404,641shares of common stock, par value $0.01 per share outstanding. AXE COMPUTE INC. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION ITEM 1.UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTSCONDENSED CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2026 AND DECEMBER 31,2025 CONDENSED CONSOLIDATED STATEMENTS OF NET LOSS FOR THE THREE MONTHS ENDEDMARCH 31, 2026 AND 20256 PART I. FINANCIAL INFORMATION CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to historical information, certain information in this Quarterly Report on Form 10-Q includes forward-lookingstatements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") and Section 21E of theSecurities Exchange Act of 1934, as amended ("Exchange Act"). All statements, other than statements of historical facts, includingstatements concerning our plans, objectives, goals, beliefs, business strategies, future events, business conditions, our results ofoperations, financial position and our business outlook, business trends and other information, may be forward-looking statements.You can identify these forward-looking statements by the words "believes," "intends," "expects," “might,” "may," "will," "should,""plans," "projects," "contemplates," "intends," "budgets," “potential,” "predicts," "estimates," "anticipates," “future,” “goal,” andvariations of such words or similar expressions. These statements are based on our beliefs, as well as assumptions we have usedbased upon information currently available to us. Because these statements reflect our current views concerning future events,these statements involve risks, uncertainties, and assumptions, many of which, by their nature, are inherently uncertain and beyondour control. Our expectations, beliefs, estimates and projections are expressed in good faith and we believe there is a reasonablebasis for them. However, there can be no assurance that management’s expectations, beliefs, estimates and projections will result We caution you that the risks, uncertainties and other factors referenced above may not contain all of the risks, uncertainties andother factors that are important to you. In addition, we cannot assure you that we will realize the results, benefits or developmentsthat we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our business inthe way expected. There can be no assurance that (i) we have correctly measured or identified all of the factors affecting ourbusiness or the extent of these factors’ likely impact, (ii) the available information with respect to these factors on which such NOTE 1–COMPANY INFORMATION Nature of Operations Axe Compute Inc. (“Axe Compute” or the “Company”) provides customers with access to graphics processing unit (“GPU”)compute capacity for artificial intelligence (“AI”) and other high-performance computing workloads through a distributed networkmodel, including infrastructure made available through the Aethir network. The Company operates a digital asset treasury (the“Treasury Strategy”) focused on the Aethir token (“ATH”), the native utility token of the Aethir network. Collectively, these TheCompany maintains its legacy oncology drug discovery solutions business, which was previously conducted under thePredictive Oncology I