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☑ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. FORM 10 - Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30 , 2021 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 DELAWARE ( State of incorporation ) Title of each class Common Stock , $ 0.001 par value For the transition period from AMMO , Inc. , to ( Exact Name of Registrant as Specified in its Charter ) 001-13101 ( Commission File No. ) 7681 E Gray Road , Scottsdale , AZ 85260 ( Address of Principal Executive Offices ) ( Zip Code ) Registrant's telephone number including area code : ( 480 ) 947-0001 8.75 % Series A Cumulative Redeemable Perpetual Preferred Stock , $ 0.001 par value Trading Symbol ( s ) POWW POWWP 83-1950534 ( I.R.S. Identification Number ) Name of each exchange on which registered The Nasdaq Stock Market LLC ( Nasdaq Capital Market ) The Nasdaq Stock Market LLC ( Nasdaq Capital Market ) Indicate by check mark whether the issuer ( 1 ) filed all reports required to be filed by Sections 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the past 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 No □ Indicate 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 > No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a 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 . Large accelerated filer □ Non - accelerated filer ☑ Emerging growth company ☐ Accelerated filer Smaller reporting company ☑ If 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 . ☐ Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . □ Yes > No As of November 12 , 2021 , there were 115,113,016 shares of $ 0.001 par value Common Stock outstanding . DOCUMENTS INCORPORATED BY REFERENCE : None .