ADDED
The aggregate market value of the registrant s common stock held by non-affiliates of the registrant was approximately $ 197,646,688 as of June 30, 2025 (based on the closing sale price of $8.57 as quoted by the NYSE American as of June 30, 2025).
As of March 11, 2026, there were 38,889,911 shares of the registrant s common stock outstanding.
Form 10-K Summary 61 Signatures 62 i We maintain a corporate website at www.unusualmachines.com.
The information contained on our corporate website is not part of this Annual Report on Form 10-K.
Unless we state otherwise or the context otherwise requires, the terms Unusual Machines, we, us, our and the Company refer to Unusual Machines, Inc., a Nevada corporation.
( Unusual Machines or the Company ) is a Nevada corporation organized in 2024 which is a successor to a Puerto Rican corporation organized in 2019.
The Company is engaged in the commercial drone industry, with its principal place of business in Orlando, Florida.
Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio through business-to-business ( B2B ) sales and a curated retail channel.
There is strong brand recognition of the Unusual Machines, Rotor Riot, and Fat Shark brands, particularly in the first person view ( FPV ) and small military sub-segments of the drone market.
Unusual Machines is rapidly growing its business by onshoring the manufacturing of critical drone components in the United States.
REMOVED
The aggregate market value of the registrant s common stock held by non-affiliates of the registrant was approximately $ 4,854,841 as of June 30, 2024 (based on the closing sale price of $1.30 as quoted by the NYSE American as of June 28, 2024).
As of March 25, 2025, there were 16,830,170 shares of the registrant s common stock outstanding.
Form 10-K Summary 63 Signatures 64 i Unless we state otherwise or the context otherwise requires, the terms Unusual Machines, we, us, our and the Company refer to Unusual Machines, Inc., a Nevada corporation.
( Unusual Machines or the Company ) is a Nevada corporation engaged in the commercial drone industry with our principal place of business in Orlando, Florida.
The Company reincorporated from Puerto Rico to Nevada on April 22, 2024.
Initial Public Offering On February 16, 2024, the Company closed its Initial Public Offering (the IPO ) of 1,250,000 shares of common stock at a public offering price of $4.00 per share.
The shares are traded on the New York Stock Exchange American ( NYSE American ).
Simultaneous with the closing of the IPO, the Company acquired Fat Shark Ltd.
( Fat Shark ) and Rotor Riot, LLC ( Rotor Riot ) from Red Cat Holdings, Inc.
The Business Combination Business Overview On November 21, 2022, the Company entered into a Share Purchase Agreement (the Purchase Agreement ) with Red Cat and Jeffrey Thompson, the founder and Chief Executive Officer of Red Cat, pursuant to which we agreed to purchase Red Cat s consumer business consisting of Fat Shark and Rotor Riot (the Business Combination ).