{"url_path":"/sec/amst/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-18","source_url":"https://www.sec.gov/Archives/edgar/data/1807166/0001213900-26-058512-index.html","accession_number":"0001213900-26-058512","cik":"0001807166","ticker":"AMST","issuer_name":"Amesite Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1807166/0001213900-26-058512-index.html","primary_entity_key":"0001807166","primary_entity_name":"Amesite Inc."},"word_count":1390,"has_tables":true,"body_markdown":"**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n \n\n**FORM 10-Q**\n\n \n\n**(Mark One)**\n\n☒\n**QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the quarterly period ended: **March 31, 2026**\n\n \n\nor\n\n \n\n☐\n**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the transition period from ___________ to\n___________\n\n \n\nCommission File Number: 001-39553\n\n \n\n \n\n**AMESITE INC.**\n\n(Exact name of registrant as specified in its\ncharter)\n\n \n\n**Delaware**   **82-3431718**\n\n(State or other jurisdiction of\nincorporation or organization)   (I.R.S. Employer\nIdentification No.)\n\n \n\n**607 Shelby Street Suite 700 PMB 214 Detroit, MI**   **48226**\n\n(Address of principal executive offices)   (Zip Code)\n\n \n\n**(734) 876-8141**\n\n(Registrant’s telephone number, including\narea code)\n\n \n\n**N/A**\n\n(Former name, former address and former fiscal\nyear, if changed since last report)\n\n \n\nSecurities registered pursuant to Section 12(b)\nof the Act:\n\n \n\n**Title of each class**   **Trading Symbol(s)**   **Name of each exchange on which registered**\n\nCommon Stock, par value $0.0001   AMST   The Nasdaq Stock Market LLC\n\n \n\nIndicate by check mark whether the registrant\n(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\nmonths (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nhas submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405\nof this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes\n☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.\nSee the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”\nand “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer ☐ Accelerated filer ☐\n\nNon-accelerated filer ☒ Smaller reporting company ☒ \n\n    Emerging growth company ☒\n\n \n\nIf an emerging growth company, indicate by check\nmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting\nstandards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant\nis a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐\nNo ☒\n\n \n\nThere were 5,852,985 shares of the registrant’s\ncommon stock issued and outstanding as of May 18, 2026.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**TABLE OF CONTENTS**\n\n** **\n\n \n**Page**\n\n \n \n\n[PART\nI - FINANCIAL INFORMATION](#a_001)\n1\n\n \n \n\n[ITEM 1. FINANCIAL STATEMENTS](#a_002)\n1\n\n[ITEM 2. MANAGEMENT’S\nDISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](#a_007)\n17\n\n[ITEM 3. QUANTITATIVE AND QUALITATIVE\nDISCLOSURES ABOUT MARKET RISK](#a_008)\n21\n\n[ITEM 4. CONTROLS AND PROCEDURES](#a_009)\n21\n\n \n \n\n[PART\nII - OTHER INFORMATION](#a_010)\n22\n\n \n \n\n[ITEM 1. LEGAL PROCEEDINGS](#a_011)\n22\n\n[ITEM 1A. RISK FACTORS](#a_012)\n22\n\n[ITEM 2. UNREGISTERED SALES\nOF EQUITY SECURITIES AND USE OF PROCEEDS](#a_013)\n23\n\n[ITEM 3. DEFAULTS UPON SENIOR\nSECURITIES](#a_014)\n23\n\n[ITEM 4. MINE SAFETY DISCLOSURES](#a_015)\n23\n\n[ITEM 5. OTHER INFORMATION](#a_016)\n23\n\n[ITEM 6. EXHIBITS](#a_017)\n24\n\n \n \n\n[SIGNATURES](#a_018)\n25\n\n \n\n-i-\n\n \n\n \n\n**CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING\nSTATEMENTS**\n\n \n\nThis\nQuarterly Report on Form 10-Q contains “forward-looking statements,” which include information relating to future events,\nfuture financial performance, financial projections, strategies, expectations, competitive environment and regulation. Words such as\n“may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,”\n“expects,” “anticipates,” “future,” “intends,” “plans,” “believes,”\n“estimates,” and similar expressions, as well as statements in future tense, identify forward-looking statements. Forward-looking\nstatements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance\nor results will be achieved. Forward-looking statements are based on information we have when those statements are made or management’s\ngood faith belief as of that time with respect to future events, and are subject to a number of risks, and uncertainties and assumptions\nthat could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.\nThese risks are more fully described in the “Risk Factors” section of this Annual Report on Form 10-K.\n\n \n\nAmesite,\nInc.’s suite of assets is collectively referred to as our “Site.” Our Site includes all of our products and services\nand all of the technology and business services that create them, in part or whole: a blend of software, hardware, content, and technology\nthat includes everything from behind-the-scenes processes to the user interface, our website, data handling, communication, and advanced\nanalytics. The NurseMagic™ website available at https://www.nursemagic.ai, and/or our mobile app available at https://app.nursemagic.ai,\nNurseMagic™ is a product owned and operated by Amesite, Inc. (“Amesite,” “we,” “our,” or “us”).\n\n \n\nThe\nfollowing is a summary of risks related to our Site:\n\n \n\n \n●\nour planned expansions and improvements to our\nSite, and our ability to deliver solutions that demonstrably offer meaningful return on investment (ROI) to our customers;\n\n \n \n \n\n \n●\nour ability to deliver our Site to our customers\nat a price point that enables us to generate sufficient revenue to become profitable;\n\n \n \n \n\n \n●\nour\nability to continue as a going concern;\n\n \n \n \n\n \n●\nour\nability to obtain additional funds for our operations;\n\n \n \n \n\n \n●\nour\nability to obtain and maintain intellectual property protection for our technologies and our ability to operate our business without\ninfringing the intellectual property rights of others;\n\n \n \n \n\n \n●\nour\nreliance on third parties to conduct our business and studies;\n\n \n \n \n\n \n●\nour\nreliance on third party designers, suppliers, and partners to provide and maintain our Site;\n\n \n \n \n\n \n\n-ii-\n\n \n\n \n\n \n●\nour\nability to attract and retain qualified key management and technical personnel;\n\n \n \n \n\n \n●\nour\nexpectations regarding the time during which we will be an emerging growth company under the Jumpstart Our Business Startups Act,\nor JOBS Act;\n\n \n \n \n\n \n●\nour\nfinancial performance;\n\n \n \n \n\n \n●\nour\nability to maintain compliance with the requirements for continued listing on The Nasdaq Capital Market;\n\n \n \n \n\n \n●\nthe\nimpact of government regulation and developments relating to our competitors or our industry; and\n\n \n \n \n\n \n●\nother\nrisks and uncertainties, including those listed under the caption “Risk Factors.”\n\n \n\nThese\nstatements relate to future events or our future operational or financial performance, and involve known and unknown risks, uncertainties\nand other factors that may cause our actual results, performance or achievements to be materially different from any future results,\nperformance or achievements expressed or implied by these forward-looking statements. Factors that may cause actual results to differ\nmaterially from current expectations include, among other things, those listed under the section titled “Item 1A. Risk Factors”\nand elsewhere in our Annual Report on Form 10-K for the year ended June 30, 2025, filed with the Securities and Exchange Commission (“SEC”)\non September 29, 2025 and amended on October 28, 2025.\n\n \n\nAny\nforward-looking statements in this Quarterly Report on Form 10-Q reflect our current view with respect to future events and are subject\nto these and other risks, uncertainties and assumptions relating to our business, results of operations, industry and future growth.\nGiven these uncertainties, you should not place undue reliance on these forward-looking statements. No forward-looking statement is a\nguarantee of future performance. You should read this Quarterly Report on Form 10-Q, and the documents that we reference herein and have\nfiled as exhibits hereto completely and with the understanding that our actual future results may be materially different from any future\nresults expressed or implied by these forward-looking statements. Except as required by law, we assume no obligation to update or revise\nthese forward-looking statements for any reason, even if new information becomes available in the future.\n\n \n\nThis\nQuarterly Report on Form 10-Q also contains, or may contain, estimates, projections and other information concerning our industry, our\nbusiness and the markets for our products, including data regarding the estimated size of those markets and their projected growth rates.\nInformation that is based on estimates, forecasts, projections or similar methodologies is inherently subject to uncertainties and actual\nevents or circumstances may differ materially from events and circumstances reflected in this information. Unless otherwise expressly\nstated, we obtained these industry, business, market and other data from reports, research surveys, studies and similar data prepared\nby third parties, industry and general publications, government data and similar sources. In some cases, we do not expressly refer to\nthe sources from which these data are derived.\n\n \n\n-iii-\n\n \n\n \n\n**PART I - FINANCIAL INFORMATION**"}