Form 8-K
8-K — Axil Brands, Inc.
Accession: 0001520138-26-000361
Filed: 2026-08-18
Period: 2026-08-18
CIK: 0001718500
SIC: 2844 (PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — axil-20260818_8k.htm (Primary)
EX-99.1 — PRESS RELEASE (axil-20260818_8kex99z1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — CURRENT REPORT
8-K (Primary)
Filename: axil-20260818_8k.htm · Sequence: 1
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2026-08-18
2026-08-18
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 18, 2026
AXIL BRANDS, INC.
(Exact name of Registrant as Specified in its Charter)
Delaware
001-41958
47-4125218
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
9150 Wilshire Boulevard, Suite 245, Beverly Hills,
California 90212
(Address of principal executive offices, including
ZIP code)
(888) 638-8883
(Registrant’s telephone number, including area
code)
Not Applicable
(Former Name or Former Address, if Changed Since Last
Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001 per share
AXIL
The NYSE American LLC
Indicate by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§ 240.12b-2 of this chapter).
Emerging growth 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. ☐
Item 2.02 Results of Operations and Financial Condition.
On August 18, 2026,
AXIL Brands, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the fourth
quarter and fiscal year ended May 31, 2026. A copy of the Company’s press release is furnished as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Pursuant to the rules and
regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and in this Item 2.02 have
been furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or otherwise subject to liability under that section nor shall they be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference
in such filing regardless of any general incorporation language.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Press Release of AXIL Brands, Inc., dated August 18, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AXIL BRANDS, INC.
Date: August 18, 2026
By:
/s/ Jeff Toghraie
Name:
Jeff Toghraie
Title:
Chief Executive Officer
EX-99.1 — PRESS RELEASE
EX-99.1
Filename: axil-20260818_8kex99z1.htm · Sequence: 2
Exhibit 99.1
AXIL Brands, Inc. Reports Fiscal 2026 and
Fourth Quarter Financial Results
Fourth Quarter Net Revenues Increase
48.9% to a Quarterly Record $8.6 Million and Net Income of $1.5 Million, or $0.18 in diluted EPS, leading Annual Results Higher
LOS ANGELES, August 18, 2026 (GLOBE NEWSWIRE)
– AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE
American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3®
hair and skin care products, and marketing services for third-party brands today announced financial and operational results for the fourth
fiscal quarter ended May 31, 2026 (“Q4 2026”) and for the fiscal year ended May 31, 2026 (“fiscal 2026”).
Financial Highlights for the Quarter Ended May 31, 2026
Net revenues increased 48.9% in Q4 2026 to a record $8.6 million, compared
to $5.8 million in the prior year period
Gross profit increased 53.3% in Q4 2026 to $6.2 million, compared to $4.0
million in the prior year period; gross margin expanded to 72.0% from 70.0%
Income from operations in Q4 2026 was $1.4 million, compared to $46 thousand
in the prior year period
Net income in Q4 2026 was $1.5 million, or $0.21 per basic share and $0.18
per diluted share, compared to a loss of $0.2 million, or $0.04 loss per basic and diluted share in the prior year period
Adjusted EBITDA in Q4 2026 was $1.7 million, or 20.3% of net revenues, compared
to $0.4 million, or 6.1% of net revenues, in the prior year period
Cash on hand as of May 31, 2026 was $4.5 million
compared to $4.8 million as of May 31, 2025, with no outstanding borrowings
Operational Highlights: Retail Expansion
and Product Development
Expanded Walmart partnership to include the MX PRO and MX Passive
hearing protection models across approximately 1,250 store locations nationwide
Introduced the GSX 3.0 and XCOR Pro products to Sportsman's Warehouse
across approximately 70 specialty retail locations and its e-commerce platform
Launched the MX II Series earmuffs powered by the Company's proprietary
SonicShieldX™ technology, featuring advanced Bluetooth connectivity and automatic noise compression, with additional variants released
in May 2026
Unveiled the AXIL CRX, an in-ear hearing protection
solution with modular connectivity options, available beginning May 2026
The Company's full product line became available at U.S. Marine Corps Exchange (MCX) locations in the first quarter
of fiscal 2027, extending its reach to military personnel, their families, and authorized patrons across mass, specialty, and military
channels.
-1-
“The strength of our fourth quarter
financial results was in-line with our expectations, and represents execution of our growth plan, from strategic investments we have made
across the business, from distribution, to product innovation and operational infrastructure,” said Jeff Toghraie, AXIL Chairman
and Chief Executive Officer. “We exited the year at an annual sales run-rate of nearly $35 million and gross margins of 72% in the
fourth quarter, which was at the higher end of our historical range. Net income of $1.5 million, or $0.18 per diluted share for the
quarter compared to a loss in last year’s same period and compared to just a marginal profit in our last quarter, brought our full
year net income to $2.7 million, or $0.33 in diluted EPS, compared to $0.10 for our full year of 2025. These all represent record results
for Axil.”
“The quarter also reflects what was
a defining year for our retail distribution strategy. We expanded our Walmart partnership to approximately 1,250 store locations,
entered Sportsman’s Warehouse across approximately 70 specialty retail locations, and subsequent to fiscal year end, announced
that our full product line became available at U.S. Marine Corps Exchange locations beginning in July 2026. We estimate our total
store count has grown to approximately 6,000 locations compared to approximately 1,800 at the end of last
fiscal year. That growth, across mass, specialty, and now military channels, reflects the broadening appeal of the AXIL brand and
the strength of the relationships we have built.”
“We continued to invest in the product
portfolio that underpins our long-term competitive position. The launch of the MX II Series, powered by our proprietary SonicShieldX™
technology, and the introduction of the AXIL CRX expand our offering across form factors and price points.”
“We enter fiscal 2027 with a stronger
balance sheet, no outstanding borrowings, a larger retail footprint and a deeper product portfolio. We believe AXIL is still in the early
stages of a multi-year growth trajectory, and we remain focused on executing the strategy that will achieve consistent and sustainable
returns for our shareholders,” concluded Mr. Toghraie.
Quarterly Financial Review:
Net revenues increased by $2,811,154, or 48.9%, to
$8,562,463 for the three months ended May 31, 2026, compared to $5,751,309 for the prior-year period, primarily driven by sales to big
box retail chains in our hearing enhancement and protection equipment segment.
Cost of revenues increased by $667,844 or 38.7% from
$1,727,864 in the three months ended May 31, 2025 to $2,395,708 in the three months ended May 31, 2026. Cost of revenues as a percentage
of net revenues for the three months ended May 31, 2026 was 28.0% as compared to 30.0% for the three months ended May 31, 2025. The improvement
in gross margin reflects lower customs duties and the benefit of customs duty refunds received during the period, partially offset by
a higher mix of sales to big box retail chains, which carry tighter margins relative to our direct-to-consumer channel.
-2-
Gross profit increased by $2,143,310 or 53.3%
from $4,023,445 in the three months ended May 31, 2025 to $6,166,755 for the three months ended May 31, 2026. Gross profit as a
percentage of net revenues for the three months ended May 31, 2026 was 72.0%, as compared to 70.0% for the three months ended May
31, 2025. The increase in the gross profit margin for the three months ended May 31, 2026 was driven by lower customs duties
including refunds, partially offset by lower margins related to material orders with big box retail chains.
Operating expenses increased by $741,402, or 18.6%,
from $3,977,358 in the three months ended May 31, 2025 to $4,718,760 in the three months ended May 31, 2026, and decreased as a percentage
of net revenues from 69.2% to 55.1%, reflecting improved operating leverage. Non-cash stock-based compensation included in operating expenses
was $224,557 and $248,417 for three months ended May 31, 2026 and 2025, respectively.
Income from operations for the three months ended
May 31, 2026, was $1,447,995 compared to $46,087 for the three months ended May 31, 2025. The increase in income from operations of $1,401,908
was primarily driven by material orders from big box retail chains, partially offset by increased operating expenses and by a forgiveness
of accounts payable of approximately $220,000 in fiscal 2025 that did not recur in the quarter ended May 31, 2026.
Net income was $1,457,126 for the three months
ended May 31, 2026 and net loss was $245,575, for the three months ended May 31, 2025, respectively.
Adjusted EBITDA increased by $1,385,397 or 391.9%
from $353,512 for the three months ended May 31, 2025 to $1,738,909 for the three months ended May 31, 2026. Adjusted EBITDA as a percentage
of revenues, net for the three months ended May 31, 2026 and 2025, was 20.3% and 6.1%, respectively. Adjusted EBITDA increased primarily
by material orders from big box retail chains, partially offset by increased operating expenses and by a forgiveness of accounts payable
of approximately $220,000 in fiscal 2025, that did not recur in the quarter ended May 31, 2026.
The Company paid approximately $900,000 in IEEPA as
of May 31, 2026. Subsequent to year end it received approximately $910,000 from CBP in refunds of those duties, together with interest,
which were not recognized in fiscal 2026 and will be recorded in fiscal 2027. That benefit will favorably affect fiscal 2027 gross margin
on a basis that is not indicative of underlying operating performance.
-3-
Use of Non-GAAP Financial
Measures
The Company calculates EBITDA by taking net income
calculated in accordance with accounting principles generally accepted in the United States (“GAAP”), and adjusting for income
taxes, interest income or expense, and depreciation and amortization. The Company calculates adjusted EBITDA as EBITDA, further adjusted
for stock-based compensation. Adjusted EBITDA is also presented as a percentage of revenue, which is calculated by dividing the non-GAAP
Adjusted EBITDA for a period by revenue for the same period. Other companies may calculate EBITDA and adjusted EBITDA differently, limiting
the usefulness of these measures for comparative purposes. The Company believes that these non-GAAP measures of financial results provide
useful information regarding certain financial and business trends relating to the Company’s financial condition and results of
operations, and management considers EBITDA and adjusted EBITDA important indicators in evaluating the Company’s business on a
consistent basis across various periods for trend analyses. These non-GAAP financial measures exclude significant expenses and income
that are required by GAAP to be recorded in the Company’s financial statements and are subject to inherent limitations as they
reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP
financial measures. Investors should not rely on any single financial measure to evaluate our business. A reconciliation of EBITDA and
Adjusted EBITDA to the most comparable financial measure, net income, calculated in accordance with GAAP is included in a schedule to
this press release.
-4-
AXIL BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED EBITDA and ADJUSTED EBITDA
FOR THE THREE AND TWELVE MONTHS ENDED MAY 31, 2026
AND 2025
For the Three Months Ended May 31,
For the Year Ended May 31,
2026
2025
2026
2025
Net income (GAAP)
$ 1,457,126
$ (245,575 )
$ 2,699,349
$ 854,988
Provision for income taxes
27,831
333,493
440,310
453,828
Interest income, net
(33,357 )
(38,320 )
(132,131 )
(135,915 )
Depreciation and amortization
62,752
55,497
246,723
148,498
Total EBITDA (Non-GAAP)
1,514,352
105,095
3,254,251
1,321,399
Adjustments:
Stock-based compensation
224,557
248,417
785,160
1,108,934
Total adjusted EBITDA (Non-GAAP)
$ 1,738,909
$ 353,512
$ 4,039,411
$ 2,430,333
Sales, net (GAAP)
$ 8,562,463
$ 5,751,309
$ 30,847,570
$ 26,257,522
Adjusted EBITDA as a percentage of Sales, net (Non-GAAP)
20.3 %
6.1 %
13.1 %
9.3 %
-5-
AXIL BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
May 31, 2026
May 31, 2025
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$ 4,462,040
$ 4,769,854
Accounts receivable, net
4,748,966
1,003,945
Inventory, net
4,419,628
2,533,658
Due from related party
—
222
Prepaid expenses and other current assets
712,214
947,969
Total Current Assets
14,342,848
9,255,648
OTHER ASSETS:
Property and equipment, net
389,733
412,261
Intangible assets, net
389,747
403,591
Right of use assets
360,512
579,121
Deferred tax asset
301,460
46,239
Other assets
20,720
20,720
Goodwill
2,152,215
2,152,215
Total Other Assets
3,614,387
3,614,147
TOTAL ASSETS
$ 17,957,235
$ 12,869,795
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable
$ 1,989,048
$ 866,573
Contract liabilities, current
389,333
707,207
Note payable, current
—
3,574
Due to related party
152,177
—
Lease liabilities, current
195,563
212,543
Income tax liability
688,150
310,369
Other current liabilities
1,088,262
362,558
Total Current Liabilities
4,502,533
2,462,824
LONG TERM LIABILITIES:
Lease liabilities
209,105
404,669
Note payable
—
136,655
Contract liabilities
101,380
205,939
Total Long Term Liabilities
310,485
747,263
Total Liabilities
4,813,018
3,210,087
Commitments and contingencies
STOCKHOLDERS' EQUITY:
Preferred stock, $0.0001 par value; 28,000,000 shares authorized; 24,873,500 and 27,773,500 shares issued and outstanding as of May 31, 2026 and May 31, 2025, respectively
2,487
2,777
Common stock, $0.0001 par value: 15,000,000 shares authorized; 6,822,681 and 6,657,717 shares issued and outstanding as of May 31, 2026 and May 31, 2025, respectively
682
666
Additional paid-in capital
9,720,981
8,935,547
Retained Earnings
3,420,067
720,718
Total Stockholders' Equity
13,144,217
9,659,708
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$ 17,957,235
$ 12,869,795
-6-
AXIL BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE AND TWELVE MONTHS ENDED MAY 31, 2026
AND 2025
For the Three Months Ended
For the Year Ended
May 31,
May 31,
2026
2025
2026
2025
Revenues, net
$ 8,562,463
$ 5,751,309
$ 30,847,570
$ 26,257,522
Cost of revenues
2,395,708
1,727,864
9,467,823
7,615,954
Gross profit
6,166,755
4,023,445
21,379,747
18,641,568
OPERATING EXPENSES:
Sales and marketing
2,901,617
2,555,411
12,159,478
11,460,342
Compensation and related taxes
595,481
428,089
2,119,368
1,956,084
Research and Development
7,000
—
7,000
—
General and administrative
1,214,662
993,858
4,116,858
4,063,777
Total Operating Expenses
4,718,760
3,977,358
18,402,704
17,480,203
INCOME FROM OPERATIONS
1,447,995
46,087
2,977,043
1,161,365
OTHER INCOME (EXPENSE):
Other income
3,605
3,511
30,485
11,536
Interest income
31,922
39,651
134,718
139,813
Interest expense and other finance charges
1,435
(1,331 )
(2,587 )
(3,898 )
Other income (expense), net
36,962
41,831
162,616
147,451
INCOME BEFORE PROVISION FOR INCOME TAXES
1,484,957
87,918
3,139,659
1,308,816
Provision for income taxes
27,831
333,493
440,310
453,828
NET INCOME
$ 1,457,126
($ 245,575 )
$ 2,699,349
$ 854,988
NET INCOME PER COMMON SHARE:
Basic
$ 0.21
($ 0.04 )
$ 0.40
$ 0.13
Diluted
$ 0.18
($ 0.04 )
$ 0.33
$ 0.10
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic
6,804,012
6,637,075
6,745,387
6,440,476
Diluted
8,290,113
8,274,195
8,256,118
8,217,083
-7-
AXIL BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEAR ENDED MAY 31, 2026 AND 2025
2026
2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net income
$ 2,699,349
$ 854,988
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Depreciation and amortization
246,723
148,498
Provision/(Recovery) for credit losses
79,541
(4,519 )
Reversal of inventory obsolescence
—
(46,895 )
Stock-based compensation and stock option expense
785,160
1,108,934
Gain on forgiveness of account payable
—
(218,699 )
Deferred income taxes
(255,221 )
187,922
Change in operating assets and liabilities:
Accounts receivable
(3,824,562 )
(489,591 )
Inventory
(1,885,970 )
907,260
Prepaid expenses and other current assets
235,755
(142,668 )
Accounts payable
1,122,472
117,677
Other current liabilities
1,209,551
(71,699 )
Contract liabilities
(422,433 )
(422,547 )
NET CASH (USED IN)/PROVIDED BY OPERATING ACTIVITIES
(9,635 )
1,928,661
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of intangibles
(130,964 )
(180,815 )
Purchases of property and equipment
(79,385 )
(213,483 )
NET CASH USED IN INVESTING ACTIVITIES
(210,349 )
(394,298 )
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of note payable
(140,229 )
(6,365 )
Advances from a related party
5,939,172
6,950,210
Repayments from a related party
(5,886,773 )
(6,962,230 )
NET CASH USED IN FINANCING ACTIVITIES
(87,830 )
(18,385 )
NET (DECREASE)/INCREASE IN CASH
(307,814 )
1,515,978
CASH AND CASH EQUIVALENTS - Beginning of year
4,769,854
3,253,876
CASH AND CASH EQUIVALENTS - End of year
$ 4,462,040
$ 4,769,854
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
Interest
$ 3,757
$ 3,736
Income taxes
$ 317,752
$ 137,273
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Initial recognition of right of use assets recognized as lease liability
$ —
$ 767,269
-8-
Conference Call
AXIL Brands will host a conference call to discuss results and provide
a corporate update for investors, including a Q&A session, starting at 5:00 PM ET today
(August 18, 2026). To access the live event, dial 1-877-425-9470 (Domestic) or 1-201-389-0878 (International),
or via webcast at https://viavid.webcasts.com/starthere.jsp?ei=1772390&tp_key=6cf6582448.
The call will be available via telephone replay for seven days following the call
by dialing 1-844-512- 2921 (Domestic) or 1-412-317-6671 (International) with access code 13762215.
A webcast (audio stream) replay will also be available on demand at www.goaxil.com in
the investor relations section.
About AXIL Brands
AXIL Brands (NYSE American: AXIL) is an emerging global
consumer products company. The Company is a manufacturer and marketer of premium hearing enhancement and protection products, including
ear plugs, earmuffs, and ear buds, under the AXIL® brand, premium hair and skincare products under its in-house Reviv3® brand
- selling products in the United States, Canada, the European Union, and throughout Asia and provides marketing services to third-party
brands.
To learn more, please visit the Company's AXIL® website
at www.axilbrands.com and its Reviv3® website at www.reviv3.com
Forward-Looking Statements
This press release contains a number of
forward-looking statements within the meaning of the federal securities laws. The use of words such as “anticipate,”
“believe,” “expect,” “continue,” “will,” “may,” “prepare,”
“should,” and “focus,” among others, generally identify forward-looking statements. These forward-looking
statements are based on currently available information, and management’s beliefs, projections, and current expectations, and
are subject to a number of significant risks and uncertainties, many of which are beyond management’s control and may cause
the Company’s results, performance or achievements to differ materially from any future results, performance or achievements
expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially from those in
the forward-looking statements include, among other things: (i) the Company’s ability to grow its net revenues and operations,
including developing new and improved products, diversifying and expanding its distribution and retail channels, expanding the
marketing services business, and growing internationally; (ii) the Company’s ability to perform in accordance with any
guidance provided by management, which may differ from the Company’s actual operating results; (iii) the Company’s
ability to generate sufficient revenue to support the Company’s operations and to raise additional funds or obtain other forms
of financing as needed on acceptable terms, or at all; (iv) potential difficulties or delays the Company may experience in
implementing its cost savings and efficiency initiatives; (v) the Company’s ability to compete effectively with other
companies in its industries; (vi) the concentration of the Company’s customers, potentially increasing the negative impact to
the Company by changing purchasing or selling patterns; (vii) changes in laws or regulations in the United States and/or in other
major markets, such as China, in which the Company operates, including, without limitation, with respect to taxes, tariffs, trade
policies or product safety, which may increase the Company’s product costs and other costs of doing business, and reduce the
Company’s earnings; (viii) continued uncertainty with respect to U.S. trade policies and tariffs and potential tariff refunds;
(ix) the Company’s ability to engage in acquisitions, investments, partnerships, strategic alliances or
dispositions when desired; (x) the Company’s ability to successfully accelerate its supply chain transition strategy and
achieve the intended benefits; and (xi) the impact of unstable market and general economic conditions on the Company’s
business, financial condition and stock price, including inflationary cost pressures, the possibility of an economic recession and
other macroeconomic factors, geopolitical events, and uncertainty, increased tariffs and other trade restrictions and barriers,
unemployment rates, decreased discretionary consumer spending, supply chain disruptions and constraints, labor shortages, ongoing
economic disruption, the Ukraine-Russia conflict and conflicts in the Middle East, and other downturns in the business cycle or the
economy. There can be no assurance as to any of these matters, and potential investors are urged to consider these factors carefully
in evaluating the forward-looking statements. Other important factors that may cause actual results to differ materially from those
expressed in the forward-looking statements are discussed in the Company’s filings with the U.S. Securities and Exchange
Commission. These forward-looking statements speak only as of the date hereof. Except as required by law, the Company does not
assume any obligation to update or revise these forward-looking statements for any reason, even if new information becomes available
in the future.
Investor Relations:
investors@goaxil.com
-9-
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v3.26.1
Cover
Aug. 18, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Aug. 18, 2026
Entity File Number
001-41958
Entity Registrant Name
AXIL BRANDS, INC.
Entity Central Index Key
0001718500
Entity Tax Identification Number
47-4125218
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
9150 Wilshire Boulevard
Entity Address, Address Line Two
Suite 245
Entity Address, City or Town
Beverly Hills
Entity Address, State or Province
CA
Entity Address, Postal Zip Code
90212
City Area Code
(888)
Local Phone Number
638-8883
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock, par value $0.0001 per share
Trading Symbol
AXIL
Security Exchange Name
NYSEAMER
Entity Emerging Growth Company
false
Entity Information, Former Legal or Registered Name
Not Applicable
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Former Legal or Registered Name of an entity
+ References
No definition available.
+ Details
Name:
dei_EntityInformationFormerLegalOrRegisteredName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration