US Earnings Financial Results SEC Filings — March 27, 2026

27-03-2026

SLM Student Loan Trust 2011-3's 10-K annual report for the fiscal year ended December 31, 2025, confirms full compliance with applicable servicing criteria by Navient Solutions, LLC (Servicer and Administrator), Higher Education Loan Authority of the State of Missouri (Subservicer), and Deutsche Bank National Trust Company (Indenture Trustee), with no material instances of noncompliance reported. The filing discloses ongoing legal proceedings involving Navient Corporation and Deutsche Bank entities as trustees in RMBS litigations (e.g., NCUA, Commerzbank, IKB cases), but all parties assert these do not materially impact their duties under the Indenture for this trust. No single obligor exceeds 10% of pool assets, and there are no external credit enhancements or derivative instruments.

• ·No entity or group provides external credit enhancement or derivative instruments for notes.
• ·Servicing Reports and Attestation Reports for all Servicing Parties attached as exhibits with no material noncompliance.
• ·Legal proceedings against Navient and Deutsche Bank entities ongoing but not material to noteholders or trust performance.
• ·Trust formation documents dated November 18, 2011.

27-03-2026

OTG Acquisition Corp. I, a Cayman Islands exempted SPAC sponsored by OTG Acquisition Sponsor LLC, filed its 10-K annual report on March 27, 2026, detailing its post-IPO structure, trust account, and focus on acquiring data center-related companies with enterprise values between $250 million and $1 billion. Sponsor compensation includes 5,750,000 founder shares for $25,000, 545,000 private placement units, up to $1,500,000 in convertible working capital loans at $10.00 per unit, $20,000 monthly for services, and uncapped expense reimbursements. Transfer restrictions apply to founder shares (1 year post-business combination or earlier triggers) and private placement units (30 days post-business combination), with no operational financial performance reported as no business combination has occurred.

• ·Transfer restrictions on founder shares: 1 year post-initial business combination or earlier if Class A share price >= $12.00 for 20/30 trading days (post-150 days) or liquidation event; 180-day lockup post-IPO pricing.
• ·Private placement units: no transfer until 30 days post-initial business combination; 180-day lockup post-IPO pricing.
• ·Underwriters: B. Riley Securities, Inc., Northland Securities, Inc. (d/b/a Northland Capital Markets), Lake Street Capital Markets, LLC.

27-03-2026

Hoth Therapeutics, Inc. filed its 10-K annual report on March 27, 2026, disclosing no revenue from commercial sales, uncertain future profitability, and heavy dependence on the clinical success of licensed products and technologies. The filing emphasizes substantial risks including potential delays and costs in clinical studies, failure to obtain regulatory approvals, and compliance challenges with laws like HIPAA, FDCA, Sunshine Act, and FCPA, which could limit revenue generation and lead to total investment loss if capital is not secured. Consolidated financial statements compare the years ended December 31, 2025 and 2024, but no specific performance improvements are noted amid these ongoing operational uncertainties.

• ·Financial statements include Consolidated Balance Sheets as of December 2025 and 2024 (F-4), Statements of Operations and Comprehensive Loss for years ended December 31, 2025 and 2024 (F-5), Statements of Changes in Stockholders’ Equity (F-6), and Statements of Cash Flows (F-7).
• ·Report of Independent Registered Public Accounting Firm (PCAOB ID: 100) on F-2.
• ·Risks include potential repayment of amounts received in violation of law, mandated changes to practices increasing expenses, corporate integrity agreements, and termination of business relationships.

27-03-2026

FG Nexus Inc. (FGNXP) reported total assets of $163,844 thousand and stockholders' equity of $143,491 thousand as of December 31, 2025, up significantly from $109,469 thousand and $74,197 thousand in 2024, bolstered by $119,384 thousand in ETH digital assets and higher additional paid-in capital. Total revenue grew 209.8% YoY to $2,413 thousand, driven by new ETH staking rewards of $1,475 thousand and merchant banking advisory fees up to $523 thousand; however, net loss from continuing operations ballooned 178.6% to $67,634 thousand due to $38,327 thousand unrealized loss on ETH digital assets, $14,506 thousand G&A expenses (up 54.4%), and $7,760 thousand stock-based compensation (up 379.6%), while discontinued operations income dropped sharply to $892 thousand from $22,962 thousand.

• ·Cash used in operating activities from continuing operations: $6,663 thousand in 2025 vs $3,940 thousand in 2024.
• ·Net cash used in investing activities from continuing operations: $128,147 thousand in 2025 vs provided $13,288 thousand in 2024.
• ·Net cash provided by financing activities from continuing operations: $136,022 thousand in 2025 vs used $6,856 thousand in 2024.
• ·Basic and diluted net loss per common share total: $(25.69) in 2025 vs $(12.16) in 2024.
• ·Weighted average common shares outstanding basic and diluted: 2,667 thousand in 2025 vs 211 thousand in 2024.

27-03-2026

Apollo Asset Backed Credit Co LLC's total assets grew significantly to $1,887,194 as of December 31, 2025 from $296,870 in 2024 (up 536% YoY), driven by investments at fair value surging to $1,577,705 (up 639% YoY) and net assets to $1,612,110 (up 481% YoY). Total investment income rose sharply to $64,943 (up 1,540% YoY) from $3,962, resulting in net investment income of $42,880 and net increase in net assets from operations of $65,052 (up 2,016% YoY). However, cash flows from operating activities deteriorated to $(1,413,805) from $(221,002) (more negative by 540% in magnitude), and net increase in cash declined 53% to $27,594 from $58,585.

• ·Net asset value per share for A-I Shares averaged $25.52 as of Dec 31, 2025 (up from $25.18).
• ·Level III assets balance grew to $1,068,004 as of Dec 31, 2025 from $73,377.
• ·Provision for income taxes totaled $2,267 for year ended Dec 31, 2025.
• ·Special Purpose Vehicles represent 23.64% of total investments at fair value as of Dec 31, 2025.

27-03-2026

Luminar Technologies reported revenue of $66,014 thousand for the year ended December 31, 2025, down 12% YoY from $75,395 thousand, with Autonomy Solutions declining 24% while ATS grew 15%. Operating expenses fell 47% to $218,583 thousand, improving loss from operations by 32% to $(296,801) thousand, but gross loss worsened 204% to $(78,218) thousand and net loss expanded 34% to $(366,302) thousand amid $46,349 thousand in reorganization items and higher interest expense. Cash and equivalents dropped sharply to $20,259 thousand from $82,840 thousand, with total assets at $131,343 thousand versus $365,213 thousand prior year.

• ·Total assets declined to $131,343 thousand from $365,213 thousand.
• ·Stockholders’ deficit worsened to $(476,999) thousand from $(220,789) thousand.
• ·Reorganization items of $46,349 thousand recognized in 2025.
• ·Cash flow from investing activities improved to $96,811 thousand from $42,463 thousand.

27-03-2026

BitGo Holdings, Inc. reported total revenue of $16,152,121 thousand for the year ended December 31, 2025, up 424% YoY from $3,080,967 thousand in 2024, primarily driven by digital assets sales surging to $15,577,366 thousand. However, the company recorded a net loss of $14,782 thousand compared to a $156,554 thousand profit in 2024, due to a $38,708 thousand net unrealized loss on digital assets and total expenses at nearly 100% of revenue. Adjusted EBITDA improved to a positive $32,411 thousand from $3,227 thousand, reflecting operational leverage despite the net loss.

• ·Digital assets sales cost was 96.2% of revenue in 2025, up from 82.2% in 2024.
• ·Gain on disposal of assets was $117,427 thousand in 2024, but only $11,109 thousand in 2025.
• ·Compensation and benefits expenses grew to $104,171 thousand in 2025 from $79,939 thousand in 2024.
• ·Filing date: March 27, 2026.

27-03-2026

Cyngn Inc. reported total assets of $50,053,215 as of Dec 31, 2025, up from $30,095,349 in 2024, driven by short-term investments of $33,736,091, while stockholders' equity turned positive at $38,754,406 from a $1,047,916 deficit due to financing proceeds and warrant liability extinguishment. However, revenue declined 40% YoY to $218,976 from $368,138, operating loss widened to $25,688,241 from $22,828,075, cash burned down to $990,023 from $23,617,733, and shares outstanding increased dramatically to 7,974,380 from 199,110, diluting net loss per share to ($5.17) from ($2,521.41). Net loss narrowed to $23,469,273 from $33,335,579 amid higher other income.

• ·Warrant liability reduced to $0 from $27,703,927, contributing to lower total liabilities.
• ·R&D expenses increased to $12,468,687 from $11,259,641; G&A to $13,302,781 from $11,400,864.
• ·Property and equipment, net rose to $3,268,196 from $2,319,402.
• ·Deferred revenue up to $1,658,015 from $769,180.

27-03-2026

Republic Digital Acquisition Co, a blank check company with no operating revenues since inception on January 23, 2025, reported net income of $7,718,712 for the period ended December 31, 2025, driven by $8,077,818 in investment and interest income that offset a $359,106 operating loss from general and administrative costs. The trust account holds $308,053,817 supporting 30,000,000 Class A shares at a redemption value of $10.27 per share, while shareholders' deficit stands at $(11,659,605). Total assets are $309,194,555 with liabilities of $12,800,343, including a $12,720,000 deferred fee.

• ·Inception date: January 23, 2025
• ·Class B Ordinary Shares initially issued to Sponsor for $25,000
• ·Accretion of Class A Ordinary Shares to redemption amount: $(29,200,872)
• ·Sale of Private Placement Warrants: $7,280,000
• ·Fair Value of Public Warrants at issuance: $2,700,000
• ·Allocated value of transaction costs to Class A Ordinary Shares: $(182,445)
• ·Basic and diluted net income per Class A Ordinary Shares: $0.27
• ·Basic net income per Class B Ordinary Shares: $0.27

27-03-2026

Galata Acquisition Corp. II, a blank check company with no operating history or revenues since inception on June 20, 2025, reported total assets of $175,421,465 as of December 31, 2025, driven by $174,316,692 in the Trust Account from 17,250,000 Class A ordinary shares at a $10.11 per share redemption value. The balance sheet shows a strong liquidity position with $954,585 in cash, but an accumulated deficit of $5,017,682 reflects formation and operating expenses with no offsetting income. Shareholders' deficit stands at $5,017,107 amid potential Working Capital Loans up to $1,500,000 from the Sponsor.

• ·Redemption value of $10.11 per Class A share
• ·Inception date: June 20, 2025
• ·Deferred underwriting fee of $6,037,500
• ·Prepaid insurance: $70,281 current + $50,564 long-term

27-03-2026

Phunware's net revenue declined 19.9% YoY to $2,553 thousand in 2025 from $3,189 thousand in 2024, driven by an 78.0% drop in advertising revenue to $282 thousand, although software subscriptions and services grew 19.1% to $2,271 thousand representing 89.0% of total revenue. Gross profit fell 11.2% to $1,291 thousand but gross margin improved to 50.6% from 45.6%; net loss widened to $(11,401) thousand from $(10,316) thousand amid a 42.1% rise in operating expenses to $21,810 thousand. Backlog decreased to $2,275 thousand from $3,635 thousand, while deferred revenue rose slightly to $1,755 thousand.

• ·Adjusted gross profit declined to $1,353 thousand from $1,633 thousand; adjusted gross margin improved to 53.0% from 51.2%.
• ·Adjusted EBITDA worsened to $(16,147) thousand from $(10,317) thousand.
• ·Total backlog and deferred revenue decreased to $4,030 thousand from $5,197 thousand.
• ·General and administrative expenses rose 46.0% to $15,295 thousand.

27-03-2026

SpringBig Holdings, Inc. reported revenue of $22,834 thousand for the year ended December 31, 2025, down 7.4% from $24,649 thousand in 2024, with net loss widening to $3,247 thousand from $1,876 thousand. The number of retail clients declined 15.3% to 775 from 915, and net revenue retention fell to 79% from 88%, while the number of messages increased 4.7% to 624 million; Adjusted EBITDA decreased 36.1% to $874 thousand from $1,368 thousand. The company highlighted risks including a significant working capital deficiency, history of losses, and challenges in client retention and market expansion.

• ·Adjustments to EBITDA include stock-based compensation of $481 thousand, credit loss expense of $820 thousand, and severance payments of $808 thousand in 2025.
• ·2024 EBITDA adjustments included gain on repurchase of convertible debt of $1,573 thousand offset by loss on debt extinguishment of $636 thousand.

27-03-2026

Launch Two Acquisition Corp., a blank check company, reported net income of $8,911,506 for the year ended December 31, 2025, a 302% increase from $2,215,548 for the period from inception (May 13, 2024) through December 31, 2024, primarily driven by $9,820,569 in interest and other income from the Trust Account. However, general and administrative expenses rose 425% to $909,063, leading to an operating loss of the same amount, cash declined 73% to $250,079, and accumulated deficit worsened to $10,747,242. The Trust Account grew 4% to $243,358,236 with redemption value up to $10.58 per share.

• ·No operating revenues; blank check company with no operating history.
• ·EPS of $0.31 for redeemable Class A Ordinary Shares in 2025, up from $0.16.
• ·Risks include potential foreign operations post-Business Combination and repayment of Working Capital Loans.

27-03-2026

American Bitcoin Corp. reported revenue of $185,164 thousand for the year ended December 31, 2025, a 159% increase from $71,537 thousand in 2024, reflecting strong top-line growth. However, the company posted a net loss of $153,171 thousand versus a profit of $428,935 thousand in 2024, driven by a $227,064 thousand loss on digital assets compared to a $509,303 thousand gain the prior year, resulting in an operating loss of $227,988 thousand and Adjusted EBITDA loss of $157,312 thousand. Total assets grew to $1,246,512 thousand from $1,106,398 thousand, but cash balances fell to $3,822 thousand with increased investing outflows of $398,261 thousand.

• ·Cash flows used in operating activities increased to $79,608 thousand in 2025 from $54,033 thousand in 2024.
• ·Cash flows used in investing activities $398,261 thousand in 2025 vs $66,586 thousand in 2024.
• ·Due to Hut 8: $53,490 thousand as of Dec 31, 2025.
• ·Miner purchase liability: $332,153 thousand as of Dec 31, 2025.
• ·Basic EPS from continuing operations: ($0.17) in 2025 vs $0.49 in 2024.
• ·Non-recurring transactions: $7,838 thousand merger costs in 2025.

27-03-2026

Instil Bio, Inc. reported a net loss of $71,372 thousand for the year ended December 31, 2025, an improvement of $2,763 thousand from $74,135 thousand in 2024, primarily due to lower general and administrative expenses ($27,221 thousand vs. $44,210 thousand) and reduced interest expense. However, total operating expenses rose to $78,581 thousand (up $5,040 thousand or 6.9% YoY) driven by higher research and development ($24,738 thousand, +108.9% YoY) and restructuring charges ($16,622 thousand, +$9,129 thousand), resulting in a net decrease in cash, cash equivalents, and restricted cash of $3,851 thousand and total assets declining to $203,523 thousand from $263,567 thousand. Cash used in operating activities improved to $36,619 thousand from $55,696 thousand, while stockholders' equity fell to $113,866 thousand.

• ·Net loss per share improved to $(10.70) from $(11.39) YoY.
• ·Assets held for sale: $112,096 thousand as of Dec 31, 2025.
• ·Loan payable: $84,806 thousand as of Dec 31, 2025.
• ·Stock-based compensation expense: $8,693 thousand in 2025 (down from $17,257 thousand).
• ·Proceeds from at-the-market offering: $6,611 thousand net in 2025.

27-03-2026

Werewolf Therapeutics reported a narrowed net loss of $60,822 thousand in 2025 from $70,515 thousand in 2024, driven by significant reductions in operating expenses including research and development down to $44,830 thousand (20.6% decrease) and general and administrative down to $15,847 thousand (16.8% decrease), while collaboration revenue dropped to zero from $1,885 thousand. Cash and cash equivalents declined sharply to $57,050 thousand from $110,995 thousand, with net cash used in operating activities worsening to $60,292 thousand from $56,188 thousand and overall net decrease in cash rising to $54,264 thousand. Stockholders' equity fell to $24,805 thousand from $73,390 thousand amid ongoing losses and financing activities providing only $6,028 thousand.

• ·Net loss per common share, basic: $(1.32) in 2025 vs $(1.63) in 2024.
• ·Note payable current: $28,236 thousand as of Dec 31 2025.
• ·Inducement stock option to Steven Bloom: 201,720 shares at $0.87 exercise price, granted May 1, 2025.
• ·No increase in shares reserved for 2021 Plan or 2021 ESPP on Jan 1, 2026.

27-03-2026

Dolphin Entertainment's 10-K filing for the year ended December 31, 2025, shows entertainment publicity and marketing comprising 99.5% of total revenue, up from 93.4% in 2024, reflecting a shift toward this core segment. However, content production's revenue share declined sharply to 0.5% from 6.6% YoY. The document emphasizes forward-looking growth strategies like acquisitions, hires, and expansion into television production amid substantial risks including economic challenges, net losses, indebtedness, and client concentration.

• ·Direct costs include amortization of film production costs for The Blue Angels using the individual film-forecast-computation method.
• ·Risks include history of net losses, significant indebtedness, material weaknesses in internal control over financial reporting, and client termination on short notice.

27-03-2026

HG Holdings, Inc. reported total revenue of $14,736 for the year ended December 31, 2025, up 28% YoY from $11,513, driven by strong 66.5% growth in management fees to $5,000 and 15.5% increase in net premiums written to $6,941, swinging to net income attributable to shareholders of $1,529 from a $239 loss. Total assets grew 20.1% to $50,686 and stockholders' equity rose 30.7% to $41,685. However, net cash provided by operating activities declined 55.2% to $878 from $1,961, other net expenses worsened sharply to $(2,348) from $1,394 due to related party investment losses, and cash and equivalents plus restricted cash fell to $17,079.

• ·Provision for title claim losses decreased to $119 from $328.
• ·Net investment income declined to $725 from $1,058.
• ·Loss from investments in related parties, net was $(3,084) vs $(815).
• ·Income tax benefit of $2,737 in 2025 vs $18.
• ·Common stock repurchases totaled $4,381 in 2025 vs $243 in 2024.
• ·Issuance of common stock raised $12,470.

27-03-2026

Total revenues declined 15.48% YoY to $173,607,489 in 2025 from $205,415,542 in 2024, primarily due to sharp drops in franchising revenue (-24.72% to $45,943,241) and management services revenue (-44.22% to $29,628,534), while rental services revenue grew 42.69% to $23,032,651 and procurement revenue edged up 2.26% to $56,053,171. Despite the revenue contraction, net income attributable to SBC Medical Group Holdings Incorporated increased 9.38% to $50,985,613, bolstered by a 30.26% reduction in operating expenses to $59,797,324 and other income surging 362.52% to $14,579,232. Cash and cash equivalents rose 30.97% to $163,773,838 at year-end.

• ·Revenues from Medical Corporation Shobikai declined to $40,953,913 in 2025 from $53,862,520 in 2024.
• ·No impairment loss or stock-based compensation recorded in 2025, compared to $15,058,965 and $13,022,692 in 2024.
• ·Gain on redemption of life insurance policies of $8,746,138 in 2025.
• ·Net cash provided by operating activities increased 19.85% to $24,668,496.

27-03-2026

Adagio Medical Holdings, Inc. reported zero revenue for the full year ended December 31, 2025, a 100% decline from $602 thousand combined in 2024 (Successor $269 thousand + Predecessor $333 thousand), contributing to a net loss of $25,084 thousand. While total operating expenses decreased 16% to $21,890 thousand and no impairments were recorded (vs. $49,202 thousand in 2024 Successor), loss from operations was $21,890 thousand and cash used in operating activities rose to $19,014 thousand. Cash and equivalents ended at $17,105 thousand, down from $20,586 thousand, supported by $16,134 thousand from financing activities.

• ·Convertible notes payable increased to $21,040 thousand from $16,076 thousand.
• ·Total liabilities $30,851 thousand at Dec 31 2025 vs $28,536 thousand at Dec 31 2024.
• ·Accumulated deficit grew to $95,609 thousand from $70,586 thousand.
• ·Basic net loss per share $ (1.51) for 2025 Successor vs $ (3.38) 2024 Successor.
• ·Risks include potential inability to refinance Convertible Securities Notes and impacts from proposed tariffs on gross margins.

27-03-2026

Ally Auto Receivables Trust 2022-3 filed its 10-K annual report on March 27, 2026, covering the year ended December 31, 2025. Financial statements and schedules are not applicable; the filing primarily lists exhibits including formation agreements from December 14, 2022, and compliance reports from Ally Bank and U.S. Bank Trust Company, National Association. No operational or financial performance metrics are disclosed.

• ·Compliance reports cover activities for year ended December 31, 2025, with attestations dated March 6, 2026 (Ally Bank) and February 26, 2026 (U.S. Bank Trust Company, National Association).
• ·Key exhibits include agreements dated December 14, 2022 (Indenture, Trust Agreement, Pooling Agreement, etc.) and Second Amended and Restated Limited Liability Company Agreement dated November 7, 2018.

27-03-2026

Community Bancorp (CMTV) filed its 10-K Annual Report on March 27, 2026, for the year ended December 31, 2025, including audited consolidated financial statements (balance sheets, income statements, comprehensive income, changes in shareholders’ equity, and cash flows) for 2025 and 2024. The report outlines the company's diversified operations across six segments: Business Banking, Commercial Real Estate Lending (recognized by SBA for Section 7(a) and 504 programs), Residential Real Estate Lending (no subprime loans originated), Retail Credit, Municipal and Institutional Banking, and Retail Banking. No specific financial performance metrics or period-over-period changes are detailed in the provided filing excerpt.

• ·Auditor: BDMP Assurance, LLP (PCAOB Reg. No. – 7293)
• ·Exhibits include portions of 2025 Annual Report, subsidiaries list, consents, Sarbanes-Oxley certifications (Sections 302 and 906), Clawback Policy, and iXBRL financial statements

27-03-2026

Ally Auto Receivables Trust 2022-2 filed its 10-K annual report on March 27, 2026, covering the year ended December 31, 2025, with financial statements noted as not applicable and a comprehensive list of exhibits including various trust agreements dated October 12, 2022, and compliance assessments from Ally Bank and U.S. Bank Trust Company, National Association. The filing includes standard Part I-IV sections such as Business, Risk Factors, MD&A, and Controls and Procedures, many incorporated by reference. No quantitative financial performance data, period-over-period comparisons, improvements, declines, or flat metrics are provided in the filing excerpt.

• ·Second Amended and Restated Limited Liability Company Agreement dated November 7, 2018.
• ·Compliance reports and attestations for year ended December 31, 2025, including Ally Bank Servicer Compliance Statement and Registered Public Accounting Firm reports dated March 6, 2026, and February 26, 2026.

27-03-2026

Ally Auto Receivables Trust 2025-1 filed its 10-K annual report on March 27, 2026, which lists numerous exhibits including key agreements dated October 16, 2025 (e.g., Indenture, Trust Agreement, Servicing Agreement) and compliance reports/assessments for the year ended December 31, 2025. Financial statements and schedules are noted as not applicable. The report covers standard 10-K sections such as Risk Factors, MD&A, Controls and Procedures, and Cybersecurity.

• ·Compliance reports cover year ended December 31, 2025
• ·Registered Public Accounting Firm Attestation Reports dated March 6, 2026 (Ally Bank) and February 26, 2026 (U.S. Bank Trust Company, National Association)
• ·Multiple agreements dated October 16, 2025

27-03-2026

United Guardian Inc reported net sales of $10,545,468 for FY 2025, down 13.4% YoY from $12,181,971, driven by a sharp 44.8% decline in cosmetic ingredients to $3,006,522, though offset by 15.1% growth in pharmaceuticals to $5,427,842 and 4.1% growth in medical lubricants to $2,111,104. Net income fell 35.2% to $2,105,738 from $3,250,875, with EPS dropping to $0.46 from $0.71, amid lower operating income and investment returns. Total assets decreased to $13,108,579 from $13,797,335, while the company maintained its dividend at $0.60 per share.

• ·Operating cash flow declined to $1,966,819 in FY 2025 from $3,466,251 in FY 2024.
• ·Cash and cash equivalents decreased to $1,251,097 at Dec 31, 2025 from $1,875,655.
• ·Net cash used in investing activities turned positive at $175,343 in FY 2025 from -$7,077,395 in FY 2024, due to higher proceeds from marketable securities sales.

27-03-2026

Ally Auto Receivables Trust 2024-2 filed its 10-K annual report on March 27, 2026, for the year ended December 31, 2025, noting that financial statements and schedules are not applicable. The filing lists numerous exhibits including formation agreements dated September 27, 2024 (e.g., Indenture, Trust Agreement, Servicing Agreement), and compliance reports such as assessments of SEC Regulation AB servicing criteria by Ally Bank and U.S. Bank Trust Company, National Association, for the year ended December 31, 2025. It covers standard 10-K sections like business description, risk factors, and management's discussion and analysis.

• ·Compliance reports dated March 6, 2026 (Ally Bank attestation) and February 26, 2026 (U.S. Bank Trust Company attestation).
• ·Servicer Compliance Statement of Ally Bank for year ended December 31, 2025.

27-03-2026

Ideal Power Inc. reported total assets of $10,046,689 at December 31, 2025, down from $19,826,684 in 2024, driven by a cash decline to $6,129,049 from $15,842,850 amid net cash used in operations of $9,135,479 versus $8,742,580 prior year. Revenue fell 56% YoY to $37,728 from $86,032, resulting in a wider gross loss of $22,680 compared to $7,377, while operating expenses decreased slightly by 1% to $10,910,509 from $11,063,798; net loss widened marginally to $10,578,420 from $10,417,813, though loss per share improved to $(1.16) from $(1.28). Stockholders’ equity dropped to $7,877,089 from $17,855,164.

• ·Net operating loss carryforward deferred tax asset increased to $19,761,000 from $16,049,000.
• ·Stock-based compensation expense declined to $729,173 from $1,596,254.
• ·Intangible assets increased to $2,687,466 from $2,611,998.
• ·Net cash used in investing activities improved to $449,494 from $506,428.

27-03-2026

Ally Auto Receivables Trust 2024-1 filed its 10-K annual report on March 27, 2026, listing exhibits including multiple trust-related agreements dated March 13, 2024, and compliance reports for the year ended December 31, 2025. Financial statements and schedules are not applicable. Attestation reports confirm compliance with SEC Regulation AB servicing criteria by Ally Bank (dated March 6, 2026) and U.S. Bank Trust Company, National Association (dated February 26, 2026).

• ·Exhibits include Second Amended and Restated Limited Liability Company Agreement of Ally Auto Assets LLC dated November 7, 2018.
• ·Servicer Compliance Statement of Ally Bank for the year ended December 31, 2025.
• ·10-K covers standard items including Business, Risk Factors, MD&A, Controls and Procedures.

27-03-2026

Ally Auto Receivables Trust 2023-1 filed its 10-K annual report on March 27, 2026, covering the year ended December 31, 2025. The filing lists numerous exhibits including key agreements dated July 19, 2023 (e.g., Indenture, Trust Agreement, Servicing Agreement), compliance assessments from Ally Bank and U.S. Bank Trust Company, National Association, and auditor attestations dated February and March 2026. Financial statements and schedules are noted as not applicable.

• ·Second Amended and Restated Limited Liability Company Agreement of Ally Auto Assets LLC dated November 7, 2018.
• ·Servicer Compliance Statement of Ally Bank for year ended December 31, 2025.
• ·Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria for Ally Bank (year ended December 31, 2025) and U.S. Bank Trust Company, National Association (year ended December 31, 2025).

27-03-2026

Ally Auto Receivables Trust 2022-1 filed its 10-K annual report on March 27, 2026, for the year ended December 31, 2025, listing various exhibits including servicing agreements, trust agreements, and compliance reports from Ally Bank and U.S. Bank Trust Company, National Association. Financial statements and schedules are noted as not applicable. The filing includes attestations on compliance with SEC Regulation AB servicing criteria dated March 6, 2026, and February 26, 2026, with no quantitative financial performance data or period-over-period comparisons provided.

• ·Exhibits include Second Amended and Restated Limited Liability Company Agreement dated November 7, 2018.
• ·Multiple agreements dated May 18, 2022: Indenture, Trust Agreement, Pooling Agreement, Trust Sale Agreement, Custodian Agreement, Administration Agreement, Servicing Agreement, Asset Representations Review Agreement, and Securities Account Control Agreement.
• ·Servicer Compliance Statement of Ally Bank for year ended December 31, 2025.
• ·10-K sections cover Business, Risk Factors, Cybersecurity, MD&A, Controls and Procedures, and others, with many marked as incorporated by reference.

27-03-2026

Epsilon Energy Ltd. reported total revenues of $51,587,556 for the year ended December 31, 2025, a 64% increase from $31,522,775 in 2024, driven by a 65% surge in Pennsylvania natural gas sales volumes to 9,402 MMcf at an average price of $2.98/Mcf. Total production rose 54% to 11,825 MMcfe, with new contributions from Wyoming (651 MMcfe) and Canada (166 MMcfe). However, Permian Basin production declined 18% to 1,271 MMcfe with revenues down 25% to $10,433,651, and Oklahoma saw production drop 18% to 335 MMcfe with revenues falling 17% to $1,466,121.

• ·Depletion, depreciation, amortization and accretion increased to $12,170,320 in 2025 from $10,185,119 in 2024.
• ·Interest income declined to $188,369 in 2025 from $493,277 in 2024.
• ·Interest expense rose sharply to $624,160 in 2025 from $46,400 in 2024.
• ·Pennsylvania average natural gas price $2.98/Mcf in 2025 vs $1.80/Mcf in 2024.

27-03-2026

Scientist Home Future Health Ltd's total assets grew significantly to $644,365 as of December 31, 2025 from $21,248 as of December 31, 2024, driven by increases in cash to $68,888, inventories to $34,006, and new non-current assets including right-of-use assets of $378,944. Revenues rose to $204,055 for the year ended December 31, 2025 (retail trading $197,447 and service $6,608) from $120,775 in the prior stub period, with gross profit up to $81,887; however, operating loss widened sharply to $231,725 from $13,155 due to SG&A expenses surging to $313,612. Stockholders’ equity improved to $113,391 from a $6,020 deficit, supported by $354,000 in share issuances, though accumulated deficit reached $246,705.

• ·Company inception date: July 3, 2024.
• ·Related party transactions: $121,075 cost of retail trading revenue and $19,242 SG&A in 2025; right-of-use assets include $33,435 from related party.
• ·Net loss per share: $(0.01) basic and diluted for 2025.
• ·Weighted average shares: 23,590,425 for 2025.

27-03-2026

The 10-K annual report for Exeter Automobile Receivables Trust 2024-3, filed on March 27, 2026, includes Appendix A outlining applicable servicing criteria under Rule 1122(d). Exeter performs most criteria directly (e.g., monitoring triggers, outsourcing oversight, back-up servicer maintenance, accurate information aggregation), some via vendors (e.g., certain cash collections), and others by the Indenture Trustee (e.g., authorized disbursements), with a few marked as not performed (e.g., fidelity bond, advances). No financial metrics or performance changes are detailed in this appendix.

• ·Fidelity bond and errors/omissions policy (1122(d)(1)(iv)) marked as NOT performed by Exeter, sub-servicer, or vendor.
• ·Advances of funds/guarantees (1122(d)(2)(iii)) marked as NOT performed by Exeter, sub-servicer, or vendor.
• ·Disbursements via wire (1122(d)(2)(ii)) performed by Indenture Trustee where Exeter is NOT responsible.

27-03-2026

Navient Student Loan Trust 2014-5's 10-K annual report for the fiscal year ended December 31, 2025 confirms that all servicing parties, including Navient Solutions, LLC, Higher Education Loan Authority of the State of Missouri, and Deutsche Bank National Trust Company, complied fully with applicable servicing criteria with no material instances of noncompliance. However, it discloses ongoing legal proceedings against sponsor/servicer Navient Corporation related to consumer protection laws and against trustees Deutsche Bank National Trust Company and Deutsche Bank Trust Company Americas in RMBS investor litigations alleging failures in trustee duties, though these are not considered material to the trust's noteholders or operations. No single obligor exceeds 10% of pool assets, and there are no external credit enhancements or derivatives.

• ·No entity or group provides external credit enhancement or derivative instruments for notes.
• ·Litigation disclosures from Navient note inability to estimate potential exposure or timing of resolutions.
• ·Trustees believe disclosed proceedings do not materially affect their duties under the Indenture.

27-03-2026

Navient Student Loan Trust 2014-4 filed its annual 10-K for the fiscal year ended December 31, 2025, confirming compliance with servicing criteria by Navient Solutions, LLC (Servicer and Administrator), Higher Education Loan Authority of the State of Missouri (Subservicer), and Deutsche Bank National Trust Company (Indenture Trustee), with no material instances of noncompliance reported. Disclosures note no significant obligor exceeding 10% of pool assets, no external credit enhancements or derivatives. Ongoing litigations involving Navient Corporation and Deutsche Bank entities related to other RMBS trusts are disclosed, but all parties assert no material impact on their ability to perform duties for this trust.

• ·No single obligor represents more than 10% of the pool assets.
• ·No external credit enhancement or derivative instruments provided.
• ·Servicing Reports and Attestation Reports confirm no material noncompliance for the year ended December 31, 2025.

27-03-2026

The 10-K Annual Report for Exeter Automobile Receivables Trust 2024-2, filed on March 27, 2026, includes Appendix A detailing applicable servicing criteria under Rule 1122(d). Exeter performs most criteria directly, such as monitoring defaults, outsourcing compliance, back-up servicer maintenance, and cash administration tasks, or via vendors. Certain criteria, including fidelity bonds, errors and omissions policies, obligor advances, and some disbursements, are either handled by the Indenture Trustee/Sub-servicers or marked as not performed by Exeter or its vendors.

• ·Servicing criteria 1122(d)(1)(iv) (fidelity bond and E&O policy) marked as NOT performed by Exeter, sub-servicer, or vendor.
• ·Servicing criteria 1122(d)(2)(iii) (advances of funds) marked as NOT performed by Exeter, sub-servicer, or vendor.
• ·Disbursements via wire (1122(d)(2)(ii)) partially performed by Indenture Trustee.

27-03-2026

Navient Student Loan Trust 2014-2's 10-K for the fiscal year ended December 31, 2025 confirms full compliance by all servicing parties, including Navient Solutions, LLC, Nelnet Servicing, LLC, Higher Education Loan Authority of the State of Missouri, and Deutsche Bank National Trust Company, with no material instances of noncompliance reported in servicing assessments and attestations. However, it discloses ongoing legal proceedings against Navient Corporation under various consumer protection laws and against trustees Deutsche Bank National Trust Company and Deutsche Bank Trust Company Americas in unrelated RMBS litigations, including cases by NCUA, Commerzbank, and IKB alleging significant losses, though all parties assert no material impact on their duties for this trust. No single obligor exceeds 10% of pool assets, and there are no external credit enhancements or derivative instruments.

• ·No entity or group provides external credit enhancement or derivative instruments for notes issued by the Issuing Entity.
• ·Servicing Reports and Attestation Reports from public accounting firms confirm no material noncompliance for the year ended December 31, 2025.
• ·Legal proceedings against Navient and trustees are ongoing but not deemed material to their performance under this trust's agreements.

27-03-2026

Navient Student Loan Trust 2014-3 filed its 10-K annual report for the fiscal year ended December 31, 2025, omitting standard financial statements per General Instruction J but confirming full compliance by servicing parties (Navient Solutions, LLC as Servicer/Administrator, Higher Education Loan Authority of the State of Missouri as Subservicer, and Deutsche Bank National Trust Company as Indenture Trustee) with no material instances of noncompliance. Disclosures detail ongoing litigations against Navient Corporation under consumer protection laws and against Deutsche Bank trustees (DBNTC and DBTCA) in RMBS cases alleging trustee failures, including NCUA (37 trusts remaining, $17.2B historical losses claimed), Commerzbank (50 trusts), and IKB ($268M damages sought, 12 trusts), though all parties assert no material impact on this transaction.

• ·No single obligor represents more than 10% of the pool assets.
• ·No external credit enhancement or derivative instruments provided.
• ·Servicing Reports and Attestations for year ended December 31, 2025, confirm no material noncompliance.
• ·Trust established August 14, 2014.

27-03-2026

Navient Student Loan Trust 2014-1 filed its 10-K for the fiscal year ended December 31, 2025, confirming that servicing parties including Navient Solutions, LLC, Higher Education Loan Authority of the State of Missouri, and Deutsche Bank National Trust Company complied with servicing criteria with no material noncompliance reported. The filing discloses ongoing litigation involving Navient Corporation under various consumer protection laws and Deutsche Bank trustees in RMBS cases (e.g., NCUA alleging $17.2B losses, IKB claiming $268M damages), but states these are not expected to materially affect the trust or noteholders. No financial statements, pool performance metrics, or period-over-period changes are provided per General Instruction J.

• ·No single obligor represents more than 10% of the pool assets.
• ·No external credit enhancement or derivative instruments provided.
• ·Servicing Reports and Attestation Reports for year ended December 31, 2025, confirm no material instances of noncompliance.

27-03-2026

The 10-K filing for Exeter Automobile Receivables Trust 2024-5 includes Appendix A detailing applicable servicing criteria under Regulation AB Item 1122. Exeter performs most criteria directly (e.g., monitoring triggers, outsourcing oversight, back-up servicer maintenance), with some handled by vendors or the Indenture Trustee, and a few marked as inapplicable (e.g., fidelity bond, advances of funds). No material deviations or exceptions are noted in the provided excerpt.

• ·Filing date: March 27, 2026
• ·Inapplicable criteria include 1122(d)(1)(iv) fidelity bond/errors and omissions policy and 1122(d)(2)(iii) advances of funds/guarantees

27-03-2026

The 10-K annual report for Exeter Automobile Receivables Trust 2023-4 includes Appendix A, which details compliance with servicing criteria under Rule 1122(d). Exeter performs most general servicing considerations and cash collection/administration criteria directly, with some activities handled by vendors (for which Exeter is responsible) or the Indenture Trustee. Certain criteria, such as maintaining a fidelity bond/errors and omissions policy and advances of funds/guarantees, are marked as not performed by Exeter, its sub-servicers, or vendors as inapplicable servicing criteria.

• ·Servicing criteria 1122(d)(1)(iv) (fidelity bond and errors/omissions policy) marked as NOT Performed (inapplicable).
• ·Servicing criteria 1122(d)(2)(iii) (advances of funds or guarantees) marked as NOT Performed (inapplicable).

27-03-2026

The 10-K annual report for Exeter Automobile Receivables Trust 2024-1, filed on March 27, 2026, includes Appendix A outlining applicable servicing criteria under Rule 1122(d). Exeter performs most criteria directly, such as monitoring triggers/events of default, outsourcing oversight, back-up servicer maintenance, and cash collection administration. Certain criteria, including fidelity bond maintenance and advances of funds, are designated as not performed by Exeter or its vendors/sub-servicers.

• ·1122(d)(1)(iv): Fidelity bond and errors and omissions policy marked as NOT performed (inapplicable).
• ·1122(d)(2)(iii): Advances of funds or guarantees regarding collections marked as NOT performed (inapplicable).
• ·1122(d)(2)(ii): Disbursements via wire transfer performed by Indenture Trustee (Exeter NOT responsible).

27-03-2026

Exeter Automobile Receivables Trust 2023-5 filed its 10-K annual report on March 27, 2026, including Appendix A detailing compliance with applicable servicing criteria under Rule 1122(d). Exeter performs most criteria directly (e.g., monitoring triggers, outsourcing oversight, back-up servicer maintenance, accurate information aggregation) or is responsible for vendors (e.g., cash collections), while some are handled by the Indenture Trustee (e.g., authorized disbursements) and others marked inapplicable (e.g., fidelity bond, advances/guarantees). No performance issues or defaults are noted in the provided excerpt.

27-03-2026

The 10-K annual report for Exeter Automobile Receivables Trust 2023-3, filed on March 27, 2026, includes Appendix A outlining applicable servicing criteria under Rule 1122(d). Exeter performs most criteria directly (e.g., monitoring triggers, outsourcing oversight, back-up servicer maintenance), with some handled by vendors (e.g., certain cash collections) or the Indenture Trustee/Sub-servicers (e.g., wire disbursements), and a few marked as not performed or inapplicable (e.g., fidelity bond, advances). No performance issues or exceptions are noted in the provided excerpt.

• ·Filing date: March 27, 2026
• ·Inapplicable criteria include 1122(d)(1)(iv) fidelity bond/errors and omissions policy and 1122(d)(2)(iii) advances/guarantees

27-03-2026

SLM Student Loan Trust 2010-2's 10-K for the fiscal year ended December 31, 2025 confirms full compliance by all servicing parties (Navient Solutions, Nelnet Servicing, Higher Education Loan Authority of the State of Missouri, and Deutsche Bank National Trust Company) with applicable servicing criteria and no material instances of noncompliance. No single obligor exceeds 10% of pool assets, and there are no external credit enhancements or derivatives. Disclosures detail ongoing unrelated RMBS litigations involving Navient and Deutsche Bank entities, including cases by NCUA ($17.2B losses alleged), Commerzbank (hundreds of millions), and IKB ($268M damages claimed), but all parties assert these do not materially affect their duties for this trust.

• ·No legal proceedings pending against the Issuing Entity, Navient Solutions, Navient Funding, or Deutsche Bank National Trust Company that are material to noteholders.
• ·No entity provides external credit enhancement or derivative instruments for the notes.
• ·Servicing compliance assessments and attestations attached as exhibits with no material noncompliance for the year ended December 31, 2025.

27-03-2026

The 10-K annual report for Daimler Trucks Retail Trust 2023-1, filed on March 27, 2026, includes an appendix and exhibit detailing compliance with Item 1122 servicing criteria under Regulation AB. Daimler Truck Financial Services USA LLC confirms it performed or oversaw via vendors most criteria related to general servicing considerations and cash collection/administration, such as monitoring triggers/events of default, outsourcing oversight, and proper deposit of payments. Certain criteria, including maintenance of a back-up servicer and fidelity bond requirements, are noted as not performed by the servicer, subservicers, or vendors.

• ·Inapplicable criteria include 1122(d)(1)(iii) (back-up servicer maintenance) and 1122(d)(1)(iv) (fidelity bond and errors/omissions policy).
• ·Some cash collection criteria (e.g., 1122(d)(2)(i)) are performed by both servicer and vendors.

27-03-2026

PG&E Recovery Funding LLC, a non-accelerated filer, submitted its 10-K annual report on March 27, 2026, confirming compliance with all required filings under Section 13 or 15(d) of the Securities Exchange Act for the preceding 12 months and the past 90 days. Key personnel include Margaret K. Becker (44, Manager and President since 2022), Monica Klemann (42, Manager, Treasurer and Secretary since 2022), and Orlando Figueroa (65, Independent Manager since 2021), all with extensive ties to Pacific Gas and Electric Company. No financial performance metrics or period-over-period changes were detailed in the provided sections.

• ·Registrant classified as non-accelerated filer.
• ·All reports required by Section 13 or 15(d) filed during preceding 12 months.
• ·Subject to filing requirements for past 90 days.
• ·Issuing Entity inception: 2022 for Becker and Klemann, 2021 for Figueroa.

27-03-2026

SLM Student Loan Trust 2013-5 filed its 10-K annual report for the fiscal year ended December 31, 2025, confirming full compliance by servicing parties (Navient Solutions, LLC as servicer/administrator, Higher Education Loan Authority of the State of Missouri as subservicer, and Deutsche Bank National Trust Company as indenture trustee) with applicable servicing criteria and no material instances of noncompliance. No single obligor exceeds 10% of pool assets, and there are no external credit enhancements, derivatives, or material legal proceedings directly against the issuing entity. Disclosures highlight ongoing unrelated RMBS trustee litigation involving Deutsche Bank entities (alleged losses of $17.2B by NCUA and $268M by IKB) and various consumer protection lawsuits against Navient, though all parties assert no material impact on their performance duties for this trust.

• ·No entity or group provides external credit enhancement or derivative instruments for notes.
• ·Servicing Reports and Attestation Reports attached as exhibits confirm no material noncompliance for year ended December 31, 2025.

27-03-2026

SLM Student Loan Trust 2013-3 filed its annual 10-K for the fiscal year ended December 31, 2025, confirming full compliance by servicing parties (Navient Solutions, LLC, Higher Education Loan Authority of the State of Missouri, and Deutsche Bank National Trust Company) with applicable servicing criteria and no material instances of noncompliance. Disclosures detail ongoing legal proceedings involving Navient Corporation (various consumer protection lawsuits) and trustees Deutsche Bank National Trust Company and Deutsche Bank Trust Company Americas (RMBS investor litigations alleging trustee failures, including NCUA, Commerzbank, and IKB cases), though all parties assert no material impact on this transaction or note holders. No financial statements or quantitative performance data for the trust are included per General Instruction J.

• ·No single obligor represents more than 10% of the pool assets.
• ·No external credit enhancement or derivative instruments provided.
• ·Trust established June 20, 2013.

27-03-2026

The 10-K annual report for Exeter Select Automobile Receivables Trust 2025-2, filed on March 27, 2026, includes Appendix A outlining applicable servicing criteria under Rule 1122(d). Exeter performs most general servicing considerations (e.g., monitoring triggers, outsourcing oversight, back-up servicer maintenance) and cash collection tasks (e.g., deposits, disbursements, account maintenance) directly or via vendors, while certain items like fidelity bonds, advances, and some disbursements are handled by the Indenture Trustee or marked as not performed by Exeter.

• ·Fidelity bond and errors/omissions policy (1122(d)(1)(iv)) marked as NOT performed by Exeter, sub-servicer, or vendor.
• ·Advances of funds or guarantees (1122(d)(2)(iii)) marked as NOT performed by Exeter, sub-servicer, or vendor.