US Earnings Financial Results SEC Filings — October 06, 2026

06-10-2026

Black Hawk Acquisition Corp (BKHAR) reported net income of $1,074,736 for the three months ended August 31, 2026, a significant increase from $154,401 in the same period last year, driven largely by a $1,015,988 gain on debt forgiveness. However, for the nine-month period, net income declined slightly to $1,303,470 from $1,333,322 year-over-year, as higher interest income was offset by the absence of prior-year gains. The company continues to operate with a shareholders' deficit of $4,709,124 as of August 31, 2026, and cash on hand is minimal at $12,052.

• · Cash used in operating activities for nine months ended August 31, 2026 was $459,590, improving from $549,842 in the prior year.
• · Net cash used in investing activities was $1,500,000 for the nine months, compared to $50,560,745 provided in the prior year, primarily due to prior-year redemptions.
• · The company received $915,000 in proceeds from a related-party convertible note and $1,009,721 in advances from the target company during the nine-month period.
• · Remeasurement of Class A ordinary shares subject to possible redemption totaled $2,166,151 for the nine months ended August 31, 2026.
• · General and administrative expenses decreased to $108,210 in Q3 FY26 from $311,265 in Q3 FY25, a 65.2% reduction.

06-10-2026

Saratoga Investment Corp. reported a net decrease in net assets resulting from operations of $13.6M for the six months ended August 31, 2026, compared to a net increase of $27.2M in the prior-year period, driven by a $31.6M net unrealized depreciation on investments. Net investment income declined 22.5% to $14.9M from $19.2M, while total investment income slipped 1.6% to $61.9M. Net asset value per share fell 9.3% to $22.15 from $24.42 at February 28, 2026, and total net assets decreased 11.0% to $352.6M.

• · Non-qualifying assets represent 8.6% of the portfolio at fair value as of August 31, 2026.
• · Cash and cash equivalents surged to $80.1M from $1.7M at February 28, 2026, primarily due to $109.5M in note issuances and $53.0M in debt borrowings.
• · The company issued $109.5M in new notes during the six months, including $25.0M of 7.25% Notes Payable 2029 and $85.0M of 8.00% Notes Payable 2031.
• · SBA debentures payable increased 33.1% to $213.0M from $160.0M.
• · Total liabilities rose 21.6% to $903.7M, while total assets increased 10.3% to $1.26B.
• · The company repurchased $8.4M of common stock during the period, with no repurchases in the prior-year period.
• · Interest and debt financing expenses increased 11.6% to $27.7M for the six months.
• · Net realized gain from investments was $2.2M, down from $3.0M in the prior-year period.
• · The largest portfolio investment is Granite Comfort, LP (HVAC Services) at 14.0% of net assets, with a fair value of $49.3M.
• · Madison Logic, Inc. (Marketing Orchestration Software) shows a fair value of $14.4M against a cost of $19.1M, indicating a significant unrealized loss.
• · ARC Health OpCo LLC (Mental Healthcare Services) has a fair value of only $0.5M against a cost of $4.2M, a substantial impairment.
• · Chronus LLC (Mentoring Software) has a fair value of $16.6M against a cost of $23.0M, reflecting unrealized depreciation.
• · Weighted average shares outstanding increased to 16.2M from 15.6M year-over-year.

06-10-2026

Axil Brands, Inc. (AXIL) filed its 10-Q for the quarter ended August 31, 2026, reporting net revenue of $6.09M, down 11.2% from $6.86M in the prior-year quarter. However, gross profit improved to $5.03M (82.6% margin) from $4.63M (67.6% margin), and net income attributable to stockholders rose 26.1% to $421,592 from $334,294. Cash from operations swung strongly positive to $3.76M from a use of $0.74M, and cash and equivalents nearly doubled to $7.93M from $4.46M at May 31, 2026.

• · Gross margin improved to 82.6% from 67.6% YoY, driven by a 52.3% reduction in cost of revenues to $1.06M.
• · Sales and marketing expenses increased 2.8% to $2.84M, while general and administrative expenses decreased 13.4% to $0.92M.
• · Research and development expenses were $459,631 in Q1 FY27 versus $0 in the prior year period.
• · The company recognized a noncontrolling interest of $149,670 for the first time, related to issuance of subsidiary common stock for services.
• · Contract liabilities decreased 22.8% from $490,713 to $378,801, primarily due to revenue recognition on deferred warranty revenue.
• · Income tax liability increased 39.3% to $958,744 from $688,150 at May 31, 2026.
• · The company had no debt (interest expense was $0 in Q1 FY27 vs $1,283 in Q1 FY26).
• · Basic EPS improved to $0.06 from $0.05; diluted EPS improved to $0.05 from $0.04.

06-10-2026

Apogee Enterprises reported revenue of $391.1M for Q2 FY26, up 9.2% YoY, with operating income up 24.5% to $33.5M. However, net earnings slipped to $22.4M (from $23.6M YoY) largely due to higher interest and tax expenses, while basic EPS was essentially flat at $1.08 vs $1.10. For the first half, revenue grew 4.1% to $733.8M and net earnings surged 61.8% to $33.9M, but the company's cash position declined by $3.0M as it deployed $99.6M on acquisitions and $16.1M on share repurchases.

• · Gross profit for Q2 was $96.2M (24.6% margin) vs $82.6M (23.1% margin) a year ago.
• · SG&A expenses were $62.7M in Q2, up from $55.7M YoY.
• · Interest expense net was $3.6M in Q2 vs $4.1M a year ago.
• · Other income net collapsed from $5.1M in Q2 FY25 to $0.5M in Q2 FY26.
• · Income tax expense increased 86.7% YoY to $8.0M in Q2.
• · Net cash provided by operating activities in H1 was $43.3M vs $37.3M a year ago.
• · Capital expenditures were $17.8M in H1 vs $11.8M a year ago.
• · The company used $99.6M on acquisitions and $16.1M on share repurchases in H1.
• · Dividends paid were $11.2M in H1, roughly flat with $11.0M a year ago.
• · Total assets increased to $1.24B from $1.12B at fiscal year-end.
• · Goodwill and intangible assets rose to $409.9M from $348.0M, reflecting the acquisition.
• · Deferred income taxes for H1 were $3.5M vs $17.2M a year ago, a large decline.

06-10-2026

Lamb Weston Holdings reported net sales of $1,670.3M for the thirteen weeks ended August 30, 2026, a slight increase of 0.7% from $1,659.3M in the prior-year period. However, net income declined sharply by 54.7% to $29.1M from $64.3M, driven by a 22.2% drop in gross profit to $266.5M and higher SG&A expenses. Cash flow from operations also fell 33.3% to $234.8M, while the company maintained its dividend at $0.38 per share.

• · Cost Savings Program and Restructuring expenses were $14.1M in Q1 FY27, down from $32.3M in Q1 FY26.
• · Interest expense, net was $42.4M in Q1 FY27, slightly down from $43.7M in Q1 FY26.
• · Equity method investment earnings were $6.2M in Q1 FY27 vs. a loss of $0.6M in Q1 FY26.
• · Effective tax rate was 36.7% in Q1 FY27, down from 42.7% in Q1 FY26.
• · Total assets decreased to $7,323.3M at August 30, 2026 from $7,380.1M at May 31, 2026.
• · Total stockholders' equity decreased to $1,806.7M from $1,824.9M over the same period.
• · The company repurchased $7.7M of common stock in Q1 FY27 vs. $18.7M in Q1 FY26.
• · Dividends declared were $0.38 per share in Q1 FY27, up from $0.37 per share in Q1 FY26.

06-10-2026

RPM International Inc. reported net sales of $2,215.6M for the three months ended August 31, 2026, up 4.8% from $2,113.7M in the prior-year period. Net income attributable to RPM stockholders increased 12.6% to $256.4M from $227.6M, with diluted EPS rising to $2.01 from $1.77. However, cash provided by operating activities grew only 11.1% to $263.9M, and the company's cash and cash equivalents declined slightly to $312.8M from $315.2M at May 31, 2026, while total assets decreased 1.4% to $8,230.6M.

• · Gross profit margin improved slightly to 41.2% in Q1 FY27 from 42.3% in Q1 FY26.
• · Selling, general and administrative expenses decreased 2.4% YoY to $559.8M from $573.5M.
• · Restructuring expense declined 41.5% YoY to $5.2M from $8.8M.
• · Interest expense decreased 12.9% YoY to $25.5M from $29.3M.
• · Investment income (net) was $7.5M in Q1 FY27 vs $13.4M in Q1 FY26, a decrease of 43.9%.
• · The effective tax rate was 23.9% in Q1 FY27 compared to 23.6% in Q1 FY26.
• · Cash used for investing activities was $39.8M in Q1 FY27 vs $182.4M in Q1 FY26, primarily due to no acquisitions in the current period vs $115.7M in the prior period.
• · Cash used for financing activities was $227.3M in Q1 FY27 vs $64.1M in Q1 FY26, driven by net debt reductions of $127.6M vs net additions of $20.0M in the prior period.
• · Inventories increased 7.7% to $1,140.4M from $1,058.9M at May 31, 2026.
• · Trade accounts receivable decreased 8.6% to $1,518.0M from $1,661.5M at May 31, 2026.
• · Accrued compensation and benefits decreased 39.7% to $185.2M from $307.3M at May 31, 2026.
• · Total equity increased 5.0% to $3,480.3M from $3,313.1M at May 31, 2026, driven by retained earnings growth.
• · The company repurchased 196,000 shares in Q1 FY27 at a cost of $22.4M.
• · Dividends declared and paid were $0.54 per share in Q1 FY27, up from $0.51 per share in Q1 FY26 (implied).

06-10-2026

Cavitation Technologies, Inc. (CVAT) reported a net loss of $1,404,000 for fiscal year 2026, a significant increase from a net loss of $113,000 in the prior year, driven by a 98.5% decline in revenue to $3,000 and a 30.6% increase in general and administrative expenses. The company's cash position fell sharply to $17,000 from $249,000, and total assets dropped to $45,000 from $297,000, while total liabilities rose to $738,000 from $228,000, resulting in a stockholders' deficit of $693,000. The company is pursuing a tender offer to acquire at least 90% of its shares, and is developing new products and markets, including a stablecoin network and asset tokenization through its subsidiary Xyra Corp.

• · Total current liabilities increased to $588,000 from $78,000, including new bridge note payable of $103,000, promissory notes payable to related party of $115,000, convertible note payable of $34,000, and derivative liability of $14,000.
• · Accrued payroll to related party increased to $129,000 from $0.
• · Stock-based compensation increased by $193,000 due to common stock awards to consultants for product development and tender offer assistance.
• · Consulting fees increased by $34,000, travel expenses by $26,000, rent expense by $7,000, salary expenses by $22,000, professional fees by $3,000, and other operating expenses by $38,000.
• · The company issued 8,269,399 common stock units for cash proceeds of $248,000 and issued 8,300,000 shares for services valued at $394,000.
• · The tender offer requires shareholders to tender sufficient shares to allow the purchaser to acquire at least 90% of outstanding shares.
• · The company owns approximately 17% of Alchemy Beverages Inc. (ABI).
• · The company's subsidiary Xyra Corp. is developing regulated stablecoin infrastructure and asset tokenization.