{"url_path":"/sec/usbc/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/1074828/0001074828-26-000027-index.html","accession_number":"0001074828-26-000027","cik":"0001074828","ticker":"USBC","issuer_name":"USBC, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1074828/0001074828-26-000027-index.html","primary_entity_key":"0001074828","primary_entity_name":"USBC, 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of Content](#ic5a42df560064bc5acef88b220b68ff5_7)[s](#ic5a42df560064bc5acef88b220b68ff5_7)\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWASHINGTON, D.C. 20549\n\nFORM 10-Q\n\nx     QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 31, 2026\n\no    TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT\n\nFor the transition period from _______ to ________\n\nCommission File number 000-30262\n\nUSBC, INC.\n\n(Exact name of registrant as specified in charter)\n\nNevada\n\n90-0273142\n\n (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)\n\n300 E 2nd Street, 15th Floor\n\nReno, Nevada\n\n89501\n\n (Address of principal executive offices)  (Zip Code)\n\n775-239-7673\n\n(Registrant's telephone number, including area code)\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each classTrading Symbol(s)Name of each exchange on which registered\n\nCommon Stock, par value $0.001 per share\n\nUSBC\n\nNYSE American LLC\n\nIndicate by check mark whether the registrant (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 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated fileroAccelerated filero\n\nNon-accelerated filer xSmaller reporting companyx\n\nEmerging growth companyo\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x\n\nThe number of shares of common stock, $0.001 par value, issued and outstanding as of May 12, 2026: 388,144,429 shares.\n\nDOCUMENTS INCORPORATED BY REFERENCE: None.\n\n[Table of Content](#ic5a42df560064bc5acef88b220b68ff5_7)[s](#ic5a42df560064bc5acef88b220b68ff5_7)\n\nTABLE OF CONTENTS\n\nPage Number\n\n[PART I](#ic5a42df560064bc5acef88b220b68ff5_10)\n\n[FINANCIAL INFORMATION](#ic5a42df560064bc5acef88b220b68ff5_10)\n\n[ITEM 1](#ic5a42df560064bc5acef88b220b68ff5_10)\n\n[Financial Statements (Unaudited)](#ic5a42df560064bc5acef88b220b68ff5_10)\n\n[3](#ic5a42df560064bc5acef88b220b68ff5_10)\n\n[Consolidated](#ic5a42df560064bc5acef88b220b68ff5_13)[Balance Sheets as of](#ic5a42df560064bc5acef88b220b68ff5_13)[M](#ic5a42df560064bc5acef88b220b68ff5_13)[arch 31, 2026](#ic5a42df560064bc5acef88b220b68ff5_13)[and](#ic5a42df560064bc5acef88b220b68ff5_13)[D](#ic5a42df560064bc5acef88b220b68ff5_13)[ecember 31, 2025](#ic5a42df560064bc5acef88b220b68ff5_13)\n\n[3](#ic5a42df560064bc5acef88b220b68ff5_13)\n\n[Consolidated](#ic5a42df560064bc5acef88b220b68ff5_16)[Statements of Operations for the three](#ic5a42df560064bc5acef88b220b68ff5_16)[months ended](#ic5a42df560064bc5acef88b220b68ff5_16)[M](#ic5a42df560064bc5acef88b220b68ff5_16)[arch 31](#ic5a42df560064bc5acef88b220b68ff5_16)[, 202](#ic5a42df560064bc5acef88b220b68ff5_16)[6](#ic5a42df560064bc5acef88b220b68ff5_16)[and 202](#ic5a42df560064bc5acef88b220b68ff5_16)[5](#ic5a42df560064bc5acef88b220b68ff5_16)\n\n[4](#ic5a42df560064bc5acef88b220b68ff5_16)\n\n[Consolidated](#ic5a42df560064bc5acef88b220b68ff5_19)[Statements of Changes in Stockholders’](#ic5a42df560064bc5acef88b220b68ff5_19)[(Def](#ic5a42df560064bc5acef88b220b68ff5_19)[icit](#ic5a42df560064bc5acef88b220b68ff5_19)[)](#ic5a42df560064bc5acef88b220b68ff5_19)[Equity](#ic5a42df560064bc5acef88b220b68ff5_19)\n\n[5](#ic5a42df560064bc5acef88b220b68ff5_19)\n\n[Consolidated](#ic5a42df560064bc5acef88b220b68ff5_22)[Statements of Cash Flows for the](#ic5a42df560064bc5acef88b220b68ff5_22)[t](#ic5a42df560064bc5acef88b220b68ff5_22)[hree](#ic5a42df560064bc5acef88b220b68ff5_22)[months ended](#ic5a42df560064bc5acef88b220b68ff5_22)[M](#ic5a42df560064bc5acef88b220b68ff5_22)[arch 31](#ic5a42df560064bc5acef88b220b68ff5_22)[, 202](#ic5a42df560064bc5acef88b220b68ff5_22)[6](#ic5a42df560064bc5acef88b220b68ff5_22)[and 202](#ic5a42df560064bc5acef88b220b68ff5_22)[5](#ic5a42df560064bc5acef88b220b68ff5_22)\n\n[6](#ic5a42df560064bc5acef88b220b68ff5_22)\n\n[Notes to the Financial Statements](#ic5a42df560064bc5acef88b220b68ff5_25)\n\n[7](#ic5a42df560064bc5acef88b220b68ff5_25)\n\n[ITEM 2](#ic5a42df560064bc5acef88b220b68ff5_67)\n\n[Management's Discussion and Analysis of Financial Condition and Results of Operations](#ic5a42df560064bc5acef88b220b68ff5_67)\n\n[24](#ic5a42df560064bc5acef88b220b68ff5_67)\n\n[ITEM 3](#ic5a42df560064bc5acef88b220b68ff5_148)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#ic5a42df560064bc5acef88b220b68ff5_148)\n\n[32](#ic5a42df560064bc5acef88b220b68ff5_148)\n\n[ITEM 4](#ic5a42df560064bc5acef88b220b68ff5_151)\n\n[Controls and Procedures](#ic5a42df560064bc5acef88b220b68ff5_151)\n\n[32](#ic5a42df560064bc5acef88b220b68ff5_151)\n\n[PART II](#ic5a42df560064bc5acef88b220b68ff5_154)\n\n[OTHER INFORMATION](#ic5a42df560064bc5acef88b220b68ff5_154)\n\n[34](#ic5a42df560064bc5acef88b220b68ff5_154)\n\n[ITEM 1](#ic5a42df560064bc5acef88b220b68ff5_673)[.](#ic5a42df560064bc5acef88b220b68ff5_673)\n\n[Legal Proceedings](#ic5a42df560064bc5acef88b220b68ff5_673)\n\n[34](#ic5a42df560064bc5acef88b220b68ff5_157)\n\n[ITEM 1A.](#ic5a42df560064bc5acef88b220b68ff5_157)\n\n[Risk Factors](#ic5a42df560064bc5acef88b220b68ff5_157)\n\n[34](#ic5a42df560064bc5acef88b220b68ff5_157)\n\n[ITEM 2](#ic5a42df560064bc5acef88b220b68ff5_160)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#ic5a42df560064bc5acef88b220b68ff5_160)\n\n[34](#ic5a42df560064bc5acef88b220b68ff5_160)\n\n[ITEM 3](#ic5a42df560064bc5acef88b220b68ff5_163)\n\n[Defaults upon Senior Securities](#ic5a42df560064bc5acef88b220b68ff5_163)\n\n[34](#ic5a42df560064bc5acef88b220b68ff5_163)\n\n[ITEM 4](#ic5a42df560064bc5acef88b220b68ff5_696)\n\n[Mine S](#ic5a42df560064bc5acef88b220b68ff5_696)[af](#ic5a42df560064bc5acef88b220b68ff5_696)[ety](#ic5a42df560064bc5acef88b220b68ff5_696)[Disclosures](#ic5a42df560064bc5acef88b220b68ff5_696)\n\n[3](#ic5a42df560064bc5acef88b220b68ff5_696)7\n\n[ITEM](#ic5a42df560064bc5acef88b220b68ff5_685)[5](#ic5a42df560064bc5acef88b220b68ff5_685)\n\n[Other Information](#ic5a42df560064bc5acef88b220b68ff5_685)\n\n[3](#ic5a42df560064bc5acef88b220b68ff5_685)7\n\n[ITEM 6](#ic5a42df560064bc5acef88b220b68ff5_169)\n\n[Exhibits](#ic5a42df560064bc5acef88b220b68ff5_169)\n\n[34](#ic5a42df560064bc5acef88b220b68ff5_169)\n\n[SIGNATURES](#ic5a42df560064bc5acef88b220b68ff5_172)\n\n[i](#ic5a42df560064bc5acef88b220b68ff5_172)\n\n2\n\n[Table of Content](#ic5a42df560064bc5acef88b220b68ff5_7)[s](#ic5a42df560064bc5acef88b220b68ff5_7)"}