{"url_path":"/sec/nwtg/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1934245/0001493152-26-023127-index.html","accession_number":"0001493152-26-023127","cik":"0001934245","ticker":"NWTG","issuer_name":"Newton Golf Company, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1934245/0001493152-26-023127-index.html","primary_entity_key":"0001934245","primary_entity_name":"Newton Golf Company, 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EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM\n10-Q**\n\n \n\n**☒\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor\nthe quarterly period ended March 31, 2026\n\n \n\n**☐\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor\nthe transition period from _______ to _______\n\n \n\nCommission\nFile Number: 001-41701\n\n \n\n**NEWTON\nGOLF COMPANY, INC.**\n\n \n\n(Exact\nname of registrant as specified in its charter)\n\n \n\nDelaware\n \n82-4938288\n\n(State\n\nof\nincorporation)\n\n \n\n(I.R.S.\nEmployer\n\nIdentification\nNo.)\n\n \n \n \n\n551\nCalle San Pablo, Camarillo, California\n \n93012\n\n(Address\nof principal executive offices)\n \n(Zip\nCode)\n\n \n\n(855)\n774-7888\n\n(Registrant’s\ntelephone number, including area code)\n\n \n\n(Former\nname, former address and former fiscal year, if changed since last report)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act\n\n \n\n**Title\nof each class**\n \n**Trading\nSymbol(s)**\n \n**Name\nof each exchange on which registered**\n\nCommon\nStock\n \nNWTG\n \nThe\nNasdaq Stock Market LLC\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 for such shorter period that the registrant was required to file such reports), and (2)\nhas been 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 (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files). Yes ☒ 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\nreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated\nfiler,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange\nAct.\n\n \n\nLarge\naccelerated filer ☐\n \nAccelerated\nfiler ☐\n\nNon-accelerated\nfiler ☒\n \nSmaller\nreporting company ☒\n\n \n \nEmerging\ngrowth company ☒\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 Exchange Act). Yes ☐ No ☒\n\n \n\nThere\nwas a total of 4,592,063 shares of Common Stock outstanding as of May 11, 2026.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**TABLE\nOF CONTENTS**\n\n \n\n[PART I - FINANCIAL INFORMATION](#sk_001)\n \nF-1\n\n \n \n \n\n[Item 1. Condensed Financial Statements](#sk_002)\n \nF-1\n\n \n \n \n\n[Condensed Balance Sheets – March 31, 2026 (Unaudited) and December 31, 2025](#sk_003)\n \nF-1\n\n \n \n \n\n[Condensed Statements of Operations for the three months ended March 31, 2026 and 2025 (Unaudited)](#sk_004)\n \nF-2\n\n \n \n \n\n[Condensed Statements of Changes in Stockholders’ Equity (Deficiency) for the three months ended March 31, 2026 and 2025 (Unaudited)](#sk_005)\n \nF-3\n\n \n \n \n\n[Condensed Statements of Cash Flows for the three months ended March 31, 2026 and 2025 (Unaudited)](#sk_006)\n \nF-4\n\n \n \n \n\n[Notes to Condensed Financial Statements for the three months ended March 31, 2026 and 2025 (Unaudited)](#sk_007)\n \nF-5\n\n \n \n \n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#sk_008)\n \n1\n\n \n \n \n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#sk_009)\n \n10\n\n \n \n \n\n[Item 4. Controls and Procedures](#sk_010)\n \n10\n\n \n \n \n\n[PART 11. OTHER INFORMATION](#sk_011)\n \n11\n\n \n \n \n\n[Item 1. Legal Proceedings](#sk_012)\n \n11\n\n \n \n \n\n[Item 1A. Risk Factors](#sk_013)\n \n11\n\n \n \n \n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#sk_014)\n \n11\n\n \n \n \n\n[Item 3. Defaults upon Senior Securities](#sk_015)\n \n11\n\n \n \n \n\n[Item 4. Mine Safety Disclosures](#sk_016)\n \n11\n\n \n \n \n\n[Item 5. Other Information](#sk_017)\n \n11\n\n \n \n \n\n[Item 6. Exhibits](#sk_018)\n \n12\n\n \n\ni\n\n \n\n \n\n**CAUTIONARY\nSTATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION**\n\n \n\nThis\nQuarterly Report contains forward-looking statements that involve risks and uncertainties. These forward-looking statements are not historical\nfacts but rather are plans and predictions based on current expectations, estimates, and projections about our industry, our beliefs,\nand assumptions.\n\n \n\nWe\nuse words such as “may,” “will,” “could,” “should,” “anticipate,” “expect,”\n“intend,” “project,” “plan,” “believe,” “seek,” “assume,” and\nvariations of these words and similar expressions to identify forward-looking statements. These statements are not guarantees of future\nperformance and are subject to certain risks, uncertainties, and other factors, some of which are beyond our control, are difficult to\npredict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. You\nshould not place undue reliance on these forward-looking statements because the matters they describe are subject to certain risks, uncertainties,\nand assumptions that are difficult to predict. Our forward-looking statements are based on the information currently available to us\nand speak only as of the date on which they were made. Over time, our actual results, performance, or achievements may differ from those\nexpressed or implied by our forward-looking statements, and such difference might be significant and materially adverse to our security\nholders. Except as required by law, we undertake no obligation to update publicly any forward-looking statements, whether as a result\nof new information, future events, or otherwise. Factors that could materially affect these forward-looking statements and/or predictions\ninclude, among other things: (i) the development and protection of our brands and other intellectual property, (ii) the need to raise\ncapital to meet business requirements, (iii) significant fluctuations in marketing expenses, (iv) the ability to achieve and expand significant\nlevels of revenues, or recognize net income, from the sale of our products, (v) management’s ability to attract and maintain qualified\npersonnel necessary for the development and commercialization of its planned products, (vi) the impact of geopolitical risks, including\ntariffs, on our business, suppliers, consumers, customers, and employees or the overall economy, and (vii) other information that may\nbe detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission (“SEC”).\nPlease consider our forward-looking statements in light of those risks as you read this Quarterly Report.\n\n \n\nii\n\n \n\n \n\n**PART\nI**\n\n \n\n**PART\nI. FINANCIAL INFORMATION**"}