{"url_path":"/sec/nakaw/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1946573/0001493152-26-022777-index.html","accession_number":"0001493152-26-022777","cik":"0001946573","ticker":"NAKA","issuer_name":"Nakamoto Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1946573/0001493152-26-022777-index.html","primary_entity_key":"0001946573","primary_entity_name":"Nakamoto Inc."},"word_count":1213,"has_tables":true,"body_markdown":"false\n--12-31\nQ1\n0001946573\n\n0001946573\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:CommonStockParValue0.001PerShareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:TradeableWarrantsToPurchaseSharesOfCommonStockParValue0.001PerShareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\n2026-05-11\n\n0001946573\n\n2026-03-31\n\n0001946573\n\n2025-12-31\n\n0001946573\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AdvisoryMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:DerivativesMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:CommonStockMember\n\n2024-12-31\n\n0001946573\n\nus-gaap:TreasuryStockCommonMember\n\n2024-12-31\n\n0001946573\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2024-12-31\n\n0001946573\n\nus-gaap:AccumulatedOtherComprehensiveIncomeMember\n\n2024-12-31\n\n0001946573\n\nus-gaap:RetainedEarningsMember\n\n2024-12-31\n\n0001946573\n\n2024-12-31\n\n0001946573\n\nus-gaap:CommonStockMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:TreasuryStockCommonMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:AccumulatedOtherComprehensiveIncomeMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:RetainedEarningsMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:CommonStockMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:TreasuryStockCommonMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:AccumulatedOtherComprehensiveIncomeMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:RetainedEarningsMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:CommonStockMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:TreasuryStockCommonMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:AccumulatedOtherComprehensiveIncomeMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:RetainedEarningsMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:CommonStockMember\n\n2025-03-31\n\n0001946573\n\nus-gaap:TreasuryStockCommonMember\n\n2025-03-31\n\n0001946573\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2025-03-31\n\n0001946573\n\nus-gaap:AccumulatedOtherComprehensiveIncomeMember\n\n2025-03-31\n\n0001946573\n\nus-gaap:RetainedEarningsMember\n\n2025-03-31\n\n0001946573\n\n2025-03-31\n\n0001946573\n\nus-gaap:CommonStockMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:TreasuryStockCommonMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:AccumulatedOtherComprehensiveIncomeMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:RetainedEarningsMember\n\n2026-03-31\n\n0001946573\n\nNAKA:BTCMergerAgreementMember\n\n2026-02-20\n2026-02-20\n\n0001946573\n\nNAKA:BTCMergerAgreementMember\n\n2026-02-20\n\n0001946573\n\nNAKA:BTCMergerAgreementMember\nNAKA:BTCIncMember\n\n2026-02-20\n2026-02-20\n\n0001946573\n\nNAKA:BTCMergerAgreementMember\nus-gaap:CommonStockMember\n\n2026-02-20\n2026-02-20\n\n0001946573\n\nNAKA:BTCMergerAgreementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BTCMergerAgreementMember\nus-gaap:CommonStockMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\n2025-12-31\n2025-12-31\n\n0001946573\n\nNAKA:BTCIncMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BTCIncMember\n\n2026-03-31\n\n0001946573\n\nNAKA:UTXOManagementGPLLCMember\n\n2026-03-31\n\n0001946573\n\nNAKA:BTCIncMember\n\n2026-02-20\n\n0001946573\n\nNAKA:UTXOManagementGPLLCMember\n\n2026-02-20\n2026-02-20\n\n0001946573\n\nNAKA:BTCIncAndUTXOManagementGPLLCMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:UTXOManagementGPLLCMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:UTXOManagementGPLLCMember\n\n2026-02-20\n\n0001946573\n\nus-gaap:TradeNamesMember\nNAKA:BTCIncMember\n\n2026-02-20\n\n0001946573\n\nus-gaap:CustomerRelationshipsMember\nNAKA:BTCIncMember\n\n2026-02-20\n\n0001946573\n\nus-gaap:TradeNamesMember\nNAKA:UTXOManagementGPLLCMember\n\n2026-02-20\n\n0001946573\n\nus-gaap:CustomerRelationshipsMember\nNAKA:UTXOManagementGPLLCMember\n\n2026-02-20\n\n0001946573\n\nNAKA:BTCIncAndUTXOManagementGPLLCMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:BTCMember\n\n2026-03-31\n\n0001946573\n\nNAKA:USDTMember\n\n2026-03-31\n\n0001946573\n\nNAKA:ThirdPartyLenderMember\n\n2026-03-31\n\n0001946573\n\nNAKA:StichtingMember\n\n2025-09-04\n\n0001946573\n\nNAKA:TreasuryBVMember\n\n2025-09-04\n\n0001946573\n\nNAKA:NakamotoMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:NakamotoMember\n\n2026-03-31\n\n0001946573\n\nNAKA:MetaplanetIncMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MetaplanetIncMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:TradeNamesMember\n\n2026-03-31\n\n0001946573\n\nNAKA:ManagementContractsMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:CustomerRelationshipsMember\n\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2025-12-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2025-12-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:FairValueInputsLevel1Member\nus-gaap:FairValueMeasurementsRecurringMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:FairValueInputsLevel2Member\nus-gaap:FairValueMeasurementsRecurringMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:FairValueInputsLevel3Member\nus-gaap:FairValueMeasurementsRecurringMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:FairValueMeasurementsRecurringMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:CallOptionMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:CallOptionMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:CallOptionMember\n\n2026-03-31\n\n0001946573\n\nNAKA:MediaMember\nNAKA:DigitalMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaMember\nNAKA:DigitalMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:MediaMember\nNAKA:PrintMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaMember\nNAKA:PrintMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:MediaMember\nNAKA:OtherMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaMember\nNAKA:OtherMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:ManagementFeesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:ManagementFeesMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:PerformanceFeesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:PerformanceFeesMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:PatientCareServicesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:PatientCareServicesMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:ProductRetailSalesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:ProductRetailSalesMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:ServiceAffiliateAgreementsMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:ServiceAffiliateAgreementsMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nsrt:MinimumMember\n\n2026-03-31\n\n0001946573\n\nsrt:MaximumMember\n\n2026-03-31\n\n0001946573\n\nNAKA:ChiefInvestmentOfficerMember\n\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:OtherMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:EliminationsMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:OtherMember\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:EliminationsMember\nNAKA:MediaMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:OtherMember\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:EliminationsMember\nNAKA:AdvisoryMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:OtherMember\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:EliminationsMember\nNAKA:AssetManagementMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:OtherMember\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:EliminationsMember\nNAKA:DerivativesMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:OtherMember\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:EliminationsMember\nus-gaap:HealthCareMember\n\n2026-01-01\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:OtherMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:EliminationsMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:OtherMember\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:EliminationsMember\nus-gaap:HealthCareMember\n\n2025-01-01\n2025-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2026-03-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2026-03-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\n\n2026-03-31\n\n0001946573\n\nus-gaap:HealthCareMember\n\n2026-03-31\n\n0001946573\n\nNAKA:MediaAndInformationServicesMember\n\n2025-12-31\n\n0001946573\n\nNAKA:AssetManagementMember\n\n2025-12-31\n\n0001946573\n\nNAKA:BitcoinOperationsMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:HealthCareMember\n\n2025-12-31\n\n0001946573\n\nus-gaap:SubsequentEventMember\n\n2026-05-08\n2026-05-08\n\niso4217:USD\n\nxbrli:shares\n\niso4217:USD\n\nxbrli:shares\n\nxbrli:pure\n\nNAKA:Integer\n\niso4217:EUR\n\niso4217:EUR\n\nxbrli:shares\n\nNAKA:Segment\n\nNAKA:Bitcoin\n\n \n\n \n\n \n\n**UNITED\nSTATES**\n\n**SECURITIES\nAND EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM\n10-Q**\n\n \n\n☒\n**QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe fiscal quarter ended March 31, 2026**\n\n \n\n**or**\n\n \n\n☐\n**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe transition period from ________ to _________**\n\n \n\nCommission\nFile Number: **001-42103**\n\n \n\n**NAKAMOTO\nINC.**\n\n*(Exact\nname of Registrant as specified in its charter)*\n\n \n\n**Delaware**\n  \n**84-3829824**\n\n*(State\nor Other Jurisdiction of*\n\n*Incorporation\nor Organization)*\n\n  \n\n*(I.R.S.\nEmployer*\n\n*Identification\nNumber*)\n\n \n\n**300\n10th Ave South****, Nashville****,\nTN****37203**\n\n*(Address\nof Principal Executive Office and Zip Code)*\n\n \n\n**(615)\n676-8668**\n\n*(Registrant’s\nTelephone Number, including Area Code)*\n\n \n\n**Securities\nregistered pursuant to Section 12(b) of the Act:**\n\n \n\nTitle\nof Each Class\n  \nTrading\nSymbol\n  \nName\nof Each Exchange on Which Registered\n\n**Common\nStock, par value $0.001 per share**\n  \n**NAKA**\n  \n**The\nNasdaq Stock Market LLC**\n\n  \n  \n  \n  \n  \n\n**Tradeable\nWarrants to purchase shares of Common Stock, par value $0.001 per share**\n  \n**NAKAW**\n  \n**OTC\nPink Market**\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct of 1934 during the preceding 12 months (or such shorter period that the registrant was required to file such reports), and (2) has\nbeen subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).\nYes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”\n“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated\nfiler\n☐\nAccelerated\nfiler\n☐\n\nNon-accelerated Filer\n☒\nSmaller reporting company\n☒\n\n  \nEmerging\ngrowth company\n☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act.) Yes ☐ No ☒\n\n \n\nAs\nof May 11, 2026, there were 696,085,586 shares of common stock, par value $0.001 issued and outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**NAKAMOTO\nINC.**\n\n**2026\nQUARTERLY REPORT ON FORM 10-Q**\n\n \n\n**TABLE\nOF CONTENTS**\n\n \n\n**Part I – Financial Information**\n\n  \n \n\n[Item 1. Financial Statements](#a_002)\n1\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_008)\n21\n\n[Item 3. Quantitative and Qualitative Disclosures about Market Risk](#a_009)\n29\n\n[Item 4. Controls and Procedures](#a_010)\n29\n\n  \n \n\n**Part II – Other Information**\n\n  \n \n\n[Item 1. Legal Proceedings](#a_012)\n\n29\n\n[Item 1A. Risk Factors](#a_013)\n30\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_014)\n30\n\n[Item 3. Defaults Upon Senior Securities](#a_015)\n30\n\n[Item 4. Mine Safety Disclosures](#a_016)\n30\n\n[Item 5. Other Information](#a_017)\n30\n\n[Item 6. Exhibits](#a_018)\n31\n\n \n\n \n\n \n\n \n\n**PART\nI. FINANCIAL INFORMATION**"}