{"id":2417108,"date":"2026-05-14T21:48:43","date_gmt":"2026-05-14T21:48:43","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2417108"},"modified":"2026-05-14T21:48:43","modified_gmt":"2026-05-14T21:48:43","slug":"alliance-entertainment-posts-strong-q3-2026-results","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/alliance-entertainment-posts-strong-q3-2026-results\/","title":{"rendered":"Alliance Entertainment posts strong Q3 2026 results"},"content":{"rendered":"<p><\/p>\n<div>\n<div style=\"display: none\">\n<header>\n <hidden><br \/>\n  <nonnumeric contextref=\"AsOf2026-05-14\" id=\"Fact000003\" name=\"dei:AmendmentFlag\">false<\/nonnumeric><br \/>\n  <nonnumeric contextref=\"AsOf2026-05-14\" id=\"Fact000004\" name=\"dei:EntityCentralIndexKey\">0001823584<\/nonnumeric><br \/>\n  <\/hidden><br \/>\n <references><br \/>\n  <schemaref xlink:href=\"https:\/\/www.stocktitan.net\/sec-filings\/AENT\/aent-20260514.xsd\" xlink:type=\"simple\"\/><br \/>\n  <\/references><br \/>\n <resources><br \/>\n    <context id=\"AsOf2026-05-14\"><br \/>\n      <entity><br \/>\n        <identifier scheme=\"http:\/\/www.sec.gov\/CIK\">0001823584<\/identifier><br \/>\n      <\/entity>\n      <period>\n        <startdate>2026-05-14<\/startdate><br \/>\n        <enddate>2026-05-14<\/enddate>\n      <\/period>\n    <\/context><br \/>\n    <context id=\"From2026-05-142026-05-14_custom_ClassCommonStockParValue0.0001PerShareMember\"><br \/>\n      <entity><br \/>\n        <identifier scheme=\"http:\/\/www.sec.gov\/CIK\">0001823584<\/identifier><br \/>\n        <segment><br \/>\n          <explicitmember dimension=\"us-gaap:StatementClassOfStockAxis\">AENT:ClassCommonStockParValue0.0001PerShareMember<\/explicitmember><br \/>\n        <\/segment><br \/>\n      <\/entity>\n      <period>\n        <startdate>2026-05-14<\/startdate><br \/>\n        <enddate>2026-05-14<\/enddate>\n      <\/period>\n    <\/context><br \/>\n    <context id=\"From2026-05-142026-05-14_custom_RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember\"><br \/>\n      <entity><br \/>\n        <identifier scheme=\"http:\/\/www.sec.gov\/CIK\">0001823584<\/identifier><br \/>\n        <segment><br \/>\n          <explicitmember dimension=\"us-gaap:StatementClassOfStockAxis\">AENT:RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember<\/explicitmember><br \/>\n        <\/segment><br \/>\n      <\/entity>\n      <period>\n        <startdate>2026-05-14<\/startdate><br \/>\n        <enddate>2026-05-14<\/enddate>\n      <\/period>\n    <\/context><br \/>\n    <unit id=\"USD\"><br \/>\n      <measure>iso4217:USD<\/measure><br \/>\n    <\/unit><br \/>\n    <unit id=\"Shares\"><br \/>\n      <measure>xbrli:shares<\/measure><br \/>\n    <\/unit><br \/>\n    <unit id=\"USDPShares\">\n      <divide>\n        <unitnumerator><br \/>\n          <measure>iso4217:USD<\/measure><br \/>\n        <\/unitnumerator><br \/>\n        <unitdenominator><br \/>\n          <measure>xbrli:shares<\/measure><br \/>\n        <\/unitdenominator>\n      <\/divide>\n    <\/unit><br \/>\n  <\/resources><br \/>\n <\/header>\n<\/div>\n<p style=\"font: 10pt Times New Roman, Times, Serif; 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margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\"><span style=\"text-decoration: underline\">Not<br \/>\nApplicable<\/span><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\">(Former<br \/>\nName or Former Address, if Changed Since Last Report)<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">Check<br \/>\nthe appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under<br \/>\nany of the following provisions:<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.15pt; text-align: justify; text-indent: 35.85pt\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span style=\"font-size: 10pt\"><span id=\"xdx_90D_edei--WrittenCommunications_c20260514__20260514_zyjT9J9mmqUf\"><nonnumeric contextref=\"AsOf2026-05-14\" format=\"ixt:booleanfalse\" id=\"Fact000022\" name=\"dei:WrittenCommunications\">\u2610<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span style=\"font-size: 10pt\">Written<br \/>\n    communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\"><span id=\"xdx_909_edei--SolicitingMaterial_c20260514__20260514_zZWh1OFJ25\"><nonnumeric contextref=\"AsOf2026-05-14\" format=\"ixt:booleanfalse\" id=\"Fact000023\" name=\"dei:SolicitingMaterial\">\u2610<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span style=\"font-size: 10pt\">Soliciting<br \/>\n    material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\"><span id=\"xdx_901_edei--PreCommencementTenderOffer_c20260514__20260514_zb4FFDiUwJu1\"><nonnumeric contextref=\"AsOf2026-05-14\" format=\"ixt:booleanfalse\" id=\"Fact000024\" name=\"dei:PreCommencementTenderOffer\">\u2610<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span style=\"font-size: 10pt\">Pre-commencement<br \/>\n    communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; 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text-align: justify\"><span style=\"font-size: 10pt\">Securities<br \/>\nregistered pursuant to Section 12(b) of the Act:<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 38%\"><span style=\"font-size: 10pt\"><b>Title<br \/>\n    of each class<\/b><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center; width: 2%\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 18%\"><span style=\"font-size: 10pt\"><b>Trading<br \/>\n    Symbol(s)<\/b><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center; width: 2%\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 40%\"><span style=\"font-size: 10pt\"><b>Name<br \/>\n    of each exchange on which registered<\/b><\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center\"><span style=\"font-size: 10pt\"><span id=\"xdx_90B_edei--Security12bTitle_c20260514__20260514__us-gaap--StatementClassOfStockAxis__custom--ClassCommonStockParValue0.0001PerShareMember_zI3sXzKVpYFb\"><nonnumeric contextref=\"From2026-05-142026-05-14_custom_ClassCommonStockParValue0.0001PerShareMember\" id=\"Fact000026\" name=\"dei:Security12bTitle\">Class<br \/>\n    A common stock, par value $0.0001 per share<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center\"><span style=\"font-size: 10pt\"><span id=\"xdx_90A_edei--TradingSymbol_c20260514__20260514__us-gaap--StatementClassOfStockAxis__custom--ClassCommonStockParValue0.0001PerShareMember_z3mRRWlbWMZ9\"><nonnumeric contextref=\"From2026-05-142026-05-14_custom_ClassCommonStockParValue0.0001PerShareMember\" id=\"Fact000027\" name=\"dei:TradingSymbol\">AENT<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center\"><span style=\"font-size: 10pt\"><span id=\"xdx_906_edei--SecurityExchangeName_c20260514__20260514__us-gaap--StatementClassOfStockAxis__custom--ClassCommonStockParValue0.0001PerShareMember_zWJ5ctSJ0wZc\"><nonnumeric contextref=\"From2026-05-142026-05-14_custom_ClassCommonStockParValue0.0001PerShareMember\" format=\"ixt-sec:exchnameen\" id=\"Fact000028\" name=\"dei:SecurityExchangeName\">The<br \/>\n    Nasdaq Stock Market LLC<\/nonnumeric><\/span><\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center\"><span style=\"font-size: 10pt\"><span id=\"xdx_902_edei--Security12bTitle_c20260514__20260514__us-gaap--StatementClassOfStockAxis__custom--RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember_zXM9bAVMkKH9\"><nonnumeric contextref=\"From2026-05-142026-05-14_custom_RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember\" id=\"Fact000029\" name=\"dei:Security12bTitle\">Redeemable<br \/>\n    warrants, exercisable for shares of Class A common stock at an exercise price of $11.50 per share<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center\"><span style=\"font-size: 10pt\"><span id=\"xdx_90C_edei--TradingSymbol_c20260514__20260514__us-gaap--StatementClassOfStockAxis__custom--RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember_zZeZVVvq5iy6\"><nonnumeric contextref=\"From2026-05-142026-05-14_custom_RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember\" id=\"Fact000030\" name=\"dei:TradingSymbol\">AENTW<\/nonnumeric><\/span><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center\"><span style=\"font-size: 10pt\"><span id=\"xdx_900_edei--SecurityExchangeName_c20260514__20260514__us-gaap--StatementClassOfStockAxis__custom--RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember_zt2XWeDjmjB9\"><nonnumeric contextref=\"From2026-05-142026-05-14_custom_RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember\" format=\"ixt-sec:exchnameen\" id=\"Fact000031\" name=\"dei:SecurityExchangeName\">The<br \/>\n    Nasdaq Stock Market LLC<\/nonnumeric><\/span><\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">Indicate<br \/>\nby check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (\u00a7230.405<br \/>\nof this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (\u00a7240.12b-2 of this chapter).<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">Emerging<br \/>\ngrowth company <span id=\"xdx_909_edei--EntityEmergingGrowthCompany_c20260514__20260514_zUx0Gm0vIof\"><nonnumeric contextref=\"AsOf2026-05-14\" format=\"ixt:booleantrue\" id=\"Fact000032\" name=\"dei:EntityEmergingGrowthCompany\">\u2612<\/nonnumeric><\/span><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">If<br \/>\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying<br \/>\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. <\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p><!-- Field: Rule-Page --><!-- Field: \/Rule-Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\"><b>Item<br \/>\n2.02. Results of Operations and Financial Condition.<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in\"><span style=\"font-size: 10pt\">On<br \/>\nMay 14, 2026, Alliance Entertainment Holding Corporation, a Delaware corporation (the \u201cCompany\u201d or \u201cAlliance\u201d),<br \/>\nissued a press release regarding Alliance\u2019s financial results for its fiscal quarter ended March 31, 2026. A copy of the<br \/>\npress release is attached hereto as Exhibit 99.1.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in\"><span style=\"font-size: 10pt\">The<br \/>\ninformation set forth in this Item 2.02, including the exhibit attached hereto, shall not be deemed to be filed for purposes of Section<br \/>\n18 of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), or otherwise be subject to the liabilities of<br \/>\nthat section, nor shall they be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the<br \/>\n\u201cSecurities Act\u201d), or the Exchange Act.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\"><b>Item<br \/>\n7.01. Regulation FD Disclosure.<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: -0.75in\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in\"><span style=\"font-size: 10pt\">An<br \/>\nupdated version of an investor presentation of the Company is attached as Exhibit 99.2 to this Current Report on Form 8-K. The presentation<br \/>\nwill be accessible online through the Investor Relations section of the Company\u2019s website, located at ir.aent.com, under the heading<br \/>\n\u201cInvestor Presentation.\u201d The information on the Company\u2019s website is not a part of this Current Report on Form 8-K.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in\"><span style=\"font-size: 10pt\">The<br \/>\ninformation set forth in this Item 7.01, including the exhibit attached hereto, shall not be deemed to be filed for purposes of Section<br \/>\n18 of the Exchange Act, or otherwise be subject to the liabilities of that section, nor shall they be deemed to be incorporated by reference<br \/>\nin any filing under the Securities Act or the Exchange Act.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\"><b>Forward-Looking<br \/>\nStatements<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in\"><span style=\"font-size: 10pt\">This<br \/>\nCurrent Report on Form 8-K includes certain statements that are not historical facts but are forward-looking statements for purposes<br \/>\nof the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These statements are based on<br \/>\nvarious assumptions, whether or not identified in this Current Report on Form 8-K, and on the current expectations of the Company\u2019s<br \/>\nmanagement and are not predictions of actual performance. Actual events and circumstances are difficult or impossible to predict and<br \/>\nwill differ from assumptions. These forward-looking statements are subject to a number of risks and uncertainties, including those factors<br \/>\ndiscussed in the Company\u2019s Annual Report on Form 10-K filed with the Securities and Exchange Commission (\u201cSEC\u201d) on<br \/>\nSeptember 10, 2025 under the heading \u201cRisk Factors,\u201d and other documents of the Company filed, or to be filed, with the SEC,<br \/>\nwhich are accessible through the Investor Relations section of the Company\u2019s website at ir.aent.com. If the risks materialize or<br \/>\nassumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The<br \/>\nCompany disclaims any obligation to update any forward-looking statements.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.25in\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\"><b>Item<br \/>\n9.01. Financial Statements and Exhibits.<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-indent: -0.25in\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 0.75in\"><span style=\"font-size: 10pt\"><b>Exhibit<br \/>\n    No.<\/b><\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.1in\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\"><b>Exhibit<\/b><\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">99.1<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\"><span class=\"filing-link\">Press Release dated May 14, 2026.<\/span><\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">99.2<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\"><span class=\"filing-link\">Investor Presentation.<\/span><\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">104<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">Cover<br \/>\n    Page Interactive Data File (embedded within the Inline XBRL document).<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 2 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\"><b>SIGNATURE<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in\"><span style=\"font-size: 10pt\">Pursuant<br \/>\nto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by<br \/>\nthe undersigned hereunto duly authorized.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.15pt; text-align: justify; text-indent: 35.85pt\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">Dated:<br \/>\n    May 14, 2026<\/span><\/td>\n<td colspan=\"2\" style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">ALLIANCE<br \/>\n    ENTERTAINMENT HOLDING CORPORATION<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 50%\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 5%\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 45%\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">By:<br \/>\n    <\/span><\/td>\n<td style=\"border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\"><i>\/s\/<br \/>\n    Bruce Ogilvie<\/i><\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">Name:<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">Bruce<br \/>\n    Ogilvie<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif\">\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">Title:<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif\"><span style=\"font-size: 10pt\">Executive<br \/>\n    Chairman<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span style=\"font-size: 10pt\">\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 3; Options: Last --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p><!-- Field: Set; Name: xdx; ID: xdx_08B_extensions --><br \/>\n<!-- eJyFkN9qwjAUxp\/AdzgUL0tNu+mgd66ojOksKm63sT3dgm1STuK\/R9pbLk0twiYsBEJOvu\/8vhPP872ZmooSCT6eV3PYYFWX3CCssEBCmaFVJC+vMdhzhZ9CG+LSuGtnTJT1oPWMgsedrTvlUWjMY2DDQfgwiEbAnmI2hHTh9Zr3RMlC5CiN4CVwmUNKqiaBhtOl7bDhZyVVdXGkLZIWSsYQBqx9\/oaIhRG8qSM\/KdprmM8Tr+e71fNmpA61VU3OBmXjhEmJlcXp1n3bLk120EZV8QpzxIrvSnzn1EypJ2ekTOimNFW0\/uKEelkkJdfaDl0puTYq24\/NVYcpiQyXRRgGQ5Zia1hgtUOylJBFUcjGrPuhDganK80HvPGgUATaEUEV4JgwhsxhQTdc4Mb+XWdCqBt6I+67AFDjtcOdWX\/PkHLa8vKALGCMhf9kvxfGh5oTHJse0G+7\/A3wAwv5woQ= --><\/p>\n<p><!-- BEGIN EXHIBIT: EX-99.1 --><\/p>\n<div class=\"sec-exhibit\" data-exhibit-type=\"EX-99.1\" data-exhibit-desc=\"EX-99.1\">\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: right\"><span><b>Exhibit<br \/>\n99.1<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b>Alliance<br \/>\nEntertainment Reports Third Quarter Fiscal Year 2026 Results<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b>\u00a0<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b><i>Net<br \/>\nrevenues increased 21% year-over-year<\/i><\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b><i>\u00a0<\/i><\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b><i>Net<br \/>\nincome increased 25% year-over-year to $2.3M; year-to-date net income grew 78% to $16.6M<\/i><\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b><i>\u00a0<\/i><\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b><i>Adjusted<br \/>\nEBITDA increased to $5.1M in Q3; year-to-date Adjusted EBITDA up 47% to $35.7M<\/i><\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b><i>\u00a0<\/i><\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>PLANTATION,<br \/>\nFla., May 14, 2026 (GLOBE NEWSWIRE) \u2014 Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor, logistics<br \/>\nprovider, and omnichannel fulfillment partner to the entertainment and pop culture collectibles industry, supplying more than 340,000<br \/>\nunique SKUs across music, video, video games, licensed merchandise, and exclusive collectibles to over 35,000 retail and e-commerce storefronts,<br \/>\nreported its financial and operational results for its fiscal third quarter ended March 31, 2026.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>Third<br \/>\nQuarter FY 2026 Highlights<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Revenue<br \/>\n                                            Growth and Sustained Profitability:<\/b> Net revenues increased 21.2% year-over-year to $258.2<br \/>\n                                            million, driven by broad-based strength across core physical product categories. Net income<br \/>\n                                            increased to $2.3 million, or $0.05 per diluted share, compared to $1.9 million, or $0.04<br \/>\n                                            per share, in the prior-year period, reflecting continued execution against the Company\u2019s<br \/>\n                                            profitability framework. Adjusted EBITDA was approximately $5.1 million, compared to $4.9<br \/>\n                                            million in Q3 FY25. For the nine months ended March 31, 2026, net revenues increased 5% to<br \/>\n                                            $880.9 million, compared to $835.7 million in the prior-year period, while net income increased<br \/>\n                                            78% to $16.6 million, or $0.32 per diluted share, compared to $9.3 million, or $0.18 per<br \/>\n                                            share. Adjusted EBITDA was approximately $35.7 million, up 47% from $24.4 million in the<br \/>\n                                            prior-year period.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Launch<br \/>\n                                            of Endstate Authentic and Alliance Authentic\u2122:<\/b> The Company continued to advance<br \/>\n                                            its technology strategy following the acquisition of Endstate on December 31, 2025, establishing<br \/>\n                                            Endstate Authentic, an NFC-enabled authentication and digital product identity platform that<br \/>\n                                            supports authenticated ownership, provenance, and verified resale across premium physical<br \/>\n                                            goods. During the quarter, Alliance also launched Alliance Authentic\u2122, representing<br \/>\n                                            the Company\u2019s first application of these capabilities within its own product ecosystem,<br \/>\n                                            initially focused on premium vinyl collectibles. The platform has since expanded to include<br \/>\n                                            additional categories, including Handmade by Robots\u2122 and select third-party collectibles<br \/>\n                                            such as Funko figures. These initiatives extend Alliance\u2019s role beyond distribution<br \/>\n                                            into ownership and participation across the product lifecycle, while creating a scalable<br \/>\n                                            foundation for new authentication, collectibles, and platform revenue opportunities.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Strength<br \/>\n                                            in Physical Media:<\/b> Vinyl record sales increased 15% year-over-year to $99 million, driven<br \/>\n                                            by higher unit volumes and sustained interest in limited-edition releases. Compact disc (CD)<br \/>\n                                            sales increased 90% year-over-year to $39 million, reflecting both higher unit volumes and<br \/>\n                                            improved pricing, driven by strong demand for major releases and collectible formats, including<br \/>\n                                            continued strength in international and K-pop titles. Physical movie sales increased 5% year-over-year<br \/>\n                                            to $61 million, supported by a steady cadence of new releases and continued consumer demand<br \/>\n                                            for premium formats such as 4K Ultra HD and collectible editions. Performance in the category<br \/>\n                                            continued to benefit from the Company\u2019s exclusive studio partnerships, including Paramount<br \/>\n                                            and Amazon MGM Studios Distribution, which expanded title availability and supported growth<br \/>\n                                            across key retail channels.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Collectibles<br \/>\n                                            Growth Driven by Premium Mix:<\/b> Collectibles revenue increased 48% year-over-year to $8<br \/>\n                                            million, driven by increased average selling prices and a continued shift toward higher-value,<br \/>\n                                            premium products. Growth was supported by expanded sourcing efforts and the addition of new<br \/>\n                                            vendor relationships, which contributed incremental sales during the quarter. Performance<br \/>\n                                            also benefited from the transition of Handmade by Robots\u2122 to an owned brand, as well<br \/>\n                                            as improved margins across certain legacy brands following prior inventory optimization initiatives,<br \/>\n                                            reflecting continued progress in enhancing product mix and profitability within the collectibles<br \/>\n                                            category.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Growth<br \/>\n                                            in Gaming and Electronics:<\/b> Gaming revenue increased 12% year-over-year to $33 million,<br \/>\n                                            supported by continued demand for next-generation consoles, including the Nintendo Switch<br \/>\n                                            II, along with related software and accessories. Electronics revenue increased 53% year-over-year<br \/>\n                                            to $4.0 million, driven by higher unit volumes and a favorable mix shift toward higher-priced<br \/>\n                                            audio playback devices and accessories, including turntables, CD players, headphones, and<br \/>\n                                            speakers. Growth in electronics continued to benefit from strong demand for vinyl and physical<br \/>\n                                            media, which drives attachment sales of complementary hardware. Performance in both categories<br \/>\n                                            reflects the Company\u2019s ability to align product mix with evolving consumer preferences<br \/>\n                                            while capturing incremental demand across hardware and content ecosystems.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Operating<br \/>\n                                            Leverage and Expense Discipline:<\/b> Total operating expenses improved to 11.5% of net revenue,<br \/>\n                                            compared to 12.0% in the prior-year period. Selling, general and administrative expenses<br \/>\n                                            improved to 6.5% of net revenue, compared to 6.7% in the prior year, while distribution and<br \/>\n                                            fulfillment expenses declined to 4.3% of net revenue, compared to 4.7% in Q3 FY25. The improvement<br \/>\n                                            was driven by higher revenue scale, productivity gains, and the Company\u2019s flexible<br \/>\n                                            labor model, which continues to support efficient fulfillment operations while enabling targeted<br \/>\n                                            investments in infrastructure, technology, and automation to support future growth.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span><b>Balance<br \/>\n                                            Sheet and Liquidity Strength: <\/b>The Company ended the quarter with working capital of approximately<br \/>\n                                            $60.0 million, reflecting disciplined management of inventory and payables to support ongoing<br \/>\n                                            growth. The Company had approximately $56 million of availability under its revolving credit<br \/>\n                                            facility at quarter end, providing ample liquidity and financial flexibility to support working<br \/>\n                                            capital needs and strategic initiatives.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span><b>\u00a0<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u201cOur<br \/>\nthird quarter results reflect continued strength across our core categories and the operating leverage inherent in our model,\u201d<br \/>\nsaid Jeff Walker, Chief Executive Officer of Alliance Entertainment. \u201cWe delivered over 21% revenue growth in the quarter and strong<br \/>\nyear-to-date earnings expansion, demonstrating that our platform is scaling and that improvements in product mix and cost structure are<br \/>\ntranslating into durable profitability.\u201d<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u201cWe<br \/>\nare also seeing continued validation of the broader shift toward physical media as a collectible category, where ownership, scarcity,<br \/>\nand premium formats are driving collector purchasing behavior,\u201d Walker added. \u201cThis trend is increasingly supported by collector-driven<br \/>\ndiscovery and community engagement across social media platforms, particularly among younger consumers who are prioritizing intentional<br \/>\nlistening, tangible ownership, and long-term value. Our exclusive partnerships and curated assortment position us at the center of that<br \/>\ntrend, while our direct-to-consumer and platform initiatives are enabling us to capture more value across the lifecycle of each product.\u201d<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 2 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u201cDuring<br \/>\nthe quarter, we advanced the next phase of our strategy with the launch of Alliance Authentic\u2122, extending our platform into authenticated<br \/>\ncollectibles,\u201d Walker continued. \u201cImportantly, this represents the first commercial application of Endstate Authentic, our<br \/>\nNFC-enabled authentication platform, and extends our role beyond distribution into ownership, provenance, and the full lifecycle of collectible<br \/>\nproducts. Subsequent to quarter end, we further expanded our platform strategy with the relaunch of Movies Unlimited as a curated, collector-focused<br \/>\ndestination designed to deepen engagement and increase customer lifetime value. Together, these initiatives build on our existing scale<br \/>\nto enhance product value, strengthen customer relationships, and create additional long-term growth opportunities.\u201d<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>Amanda<br \/>\nGnecco, Chief Financial Officer of Alliance Entertainment, said, \u201c\u201cWe delivered strong financial performance in the third<br \/>\nquarter, with revenue up 21% and net income increasing 25% year-over-year. For the first nine months of fiscal year 2026, net income<br \/>\nincreased 78% to $16.6 million, and Adjusted EBITDA increased 47% to $35.7 million, highlighting the growing earnings power and scalability<br \/>\nof our platform.\u201d<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u201cWe<br \/>\nare seeing clear operating leverage across the business, with operating expenses declining as a percentage of revenue even as we continue<br \/>\nto invest in infrastructure, technology, and growth initiatives. At the same time, we maintained a strong liquidity position, ending<br \/>\nthe quarter with approximately $60 million in working capital and $56 million of availability under our revolving credit facility. With<br \/>\na more efficient cost structure and continued momentum in higher-value categories, we believe we are well positioned to sustain both<br \/>\nrevenue growth and meaningful earnings expansion.\u201d<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>Third<br \/>\nQuarter FY 2026 Financial Results<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Net<br \/>\n                                            revenues for the fiscal third quarter ended March 31, 2026, were $258.2 million, up 21.1%<br \/>\n                                            from $213 million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Gross<br \/>\n                                            profit for the fiscal third quarter ended March 31, 2026, was $33.0 million, up 13.4% from<br \/>\n                                            $29.1 million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Gross<br \/>\n                                            margin for the fiscal third quarter ended March 31, 2026, was 12.8%, compared to 13.6% in<br \/>\n                                            the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Net<br \/>\n                                            income for the fiscal third quarter ended March 31, 2026, was $2.3 million, or $0.05 per<br \/>\n                                            diluted share, up 25.0% from net income of $1.9 million, or $0.04 per diluted share for the<br \/>\n                                            same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Adjusted<br \/>\n                                            EBITDA for the fiscal third quarter ended March 31, 2026, was $5.1 million, up 4.1% from<br \/>\n                                            Adjusted EBITDA of $4.9 million for the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>Nine-Months<br \/>\nFY 2026 Financial Results<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>\u00a0<\/b><\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Net<br \/>\n                                            revenues for the nine months ended March 31, 2026, were $880.9 million, up 5.0% from $835.7<br \/>\n                                            million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 3 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Gross<br \/>\n                                            profit for the nine months ended March 31, 2026, was $117.3 million, up 21.0% from $96.9<br \/>\n                                            million in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Gross<br \/>\n                                            margin for the nine months ended March 31, 2026, was 13.3%, up 170 basis points from 11.6%<br \/>\n                                            in the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Net<br \/>\n                                            income for the nine months ended March 31, 2026, was $16.6 million, or $0.32 per diluted<br \/>\n                                            share, up 78% from net income of $9.3 million, or $0.18 per diluted share for the same period<br \/>\n                                            of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"\/>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 0.25in\"><span>\u25cf<\/span><\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Adjusted<br \/>\n                                            EBITDA for the nine months ended March 31, 2026, was $35.7 million, up 47% from Adjusted<br \/>\n                                            EBITDA of $24.4 million for the same period of fiscal 2025.<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify; text-indent: -0.25in\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>Conference<br \/>\nCall<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>\u00a0<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>Alliance<br \/>\nEntertainment Chief Executive Officer Jeff Walker, Chief Financial Officer Amanda Gnecco, and Executive Chairman Bruce Ogilvie will host<br \/>\nthe conference call, which will be followed by a question-and-answer session. A presentation will accompany the call and can be viewed<br \/>\nduring the webcast or accessed via the investor relations section of the Company\u2019s website here.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>To<br \/>\naccess the call, please use the following information:<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: justify\"><span>Date:<\/span><\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: justify\"><span>Thursday,<br \/>\n    May 12, 2026<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Time:<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>4:30<br \/>\n    p.m. Eastern Time, 1:30 p.m. Pacific Time<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Toll-free<br \/>\n    dial-in number:<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>1-877-407-0784<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>International<br \/>\n    dial-in number:<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>1-201-689-8560<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Conference<br \/>\n    ID:<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>13760161<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>Please<br \/>\ncall the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you<br \/>\nhave any difficulty connecting with the conference call, please contact RedChip Companies at 1-407-644-4256.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>The<br \/>\nconference call will be broadcast live and available for replay at <u>https:\/\/viavid.webcasts.com\/starthere.jsp?ei=1760227&amp;tp_key=0154ad6f3e<\/u><br \/>\nand via the investor relations section of the Company\u2019s website <u>here<\/u>.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>A<br \/>\ntelephone replay of the call will be available approximately three hours after the call concludes and can be accessed through June 14,<br \/>\n2026, using the following information:<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: justify\"><span>Toll-free<br \/>\n    replay number:<\/span><\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: justify\"><span>1-844-512-2921<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>International<br \/>\n    replay number:<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>1-412-317-6671<\/span><\/td>\n<\/tr>\n<tr style=\"font: 10pt Times New Roman, Times, Serif; vertical-align: top\">\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>Replay<br \/>\n    ID:<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify\"><span>13760161<\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 4 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>About<br \/>\nAlliance Entertainment<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>\u00a0<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>Alliance<br \/>\nEntertainment (NASDAQ: AENT) is a premier distributor and fulfillment partner for the entertainment and pop culture collectibles industry.<br \/>\nWith more than 340,000 unique in-stock SKUs \u2014 including over 57,300 exclusive titles across compact discs, vinyl LPs, DVDs, Blu-rays,<br \/>\nand video games \u2014 Alliance offers the largest selection of physical media in the market. Our vast catalog also includes licensed<br \/>\nmerchandise, toys, retro gaming products, and collectibles, serving over 35,000 retail locations and powering e-commerce fulfillment<br \/>\nfor leading retailers. Alliance also owns and operates proprietary collectibles brands, including Handmade by Robots\u2122, a stylized<br \/>\nvinyl figure line featuring licensed characters from leading entertainment franchises, and Alliance Authentic\u2122, a premium platform<br \/>\nfor authentic, certified, and individually numbered entertainment collectibles. In addition, Alliance operates Endstate Authentic, a<br \/>\ndedicated NFC-enabled authentication and digital product identity platform supporting authenticated collectibles, resale, and brand protection.<br \/>\nLeveraging decades of operational expertise, exclusive sourcing relationships, and a capital-light, scalable infrastructure, Alliance<br \/>\nconnects fans and collectors to the products, franchises, and experiences they value across formats and generations. For more information,<br \/>\nvisit <u>www.aent.com<\/u>.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>Forward<br \/>\nLooking Statements<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>Certain<br \/>\nstatements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor<br \/>\nprovisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied<br \/>\nby words such as \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d<br \/>\n\u201cintend,\u201d \u201cexpect,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cpotential,\u201d<br \/>\n\u201cseem,\u201d \u201cseek,\u201d \u201cfuture,\u201d \u201coutlook,\u201d and similar expressions that predict or indicate<br \/>\nfuture events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited<br \/>\nto, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These<br \/>\nstatements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance\u2019s<br \/>\nmanagement and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only<br \/>\nand are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive<br \/>\nstatement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions.<br \/>\nMany actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of<br \/>\nrisks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws<br \/>\nor regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services;<br \/>\nAlliance\u2019s reliance on a concentration of suppliers for its products and services; increases in Alliance\u2019s costs, disruption<br \/>\nof supply, or shortage of products and materials; Alliance\u2019s dependence on a concentration of customers, and failure to add new<br \/>\ncustomers or expand sales to Alliance\u2019s existing customers; increased Alliance inventory and risk of obsolescence; Alliance\u2019s<br \/>\nsignificant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent<br \/>\naccess to sources of liquidity; risks that a breach of the revolving credit facility could result in the lender declaring a default and<br \/>\nthat the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse<br \/>\nconsequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention<br \/>\nand the additional costs and demands on Alliance\u2019s resources; Alliance\u2019s business being adversely affected by increased inflation,<br \/>\nuncertainty regarding tariffs, higher interest rates and other adverse economic, business, and\/or competitive factors; geopolitical risk<br \/>\nand changes in applicable laws or regulations; as well as our financial condition and results of operations; substantial regulations,<br \/>\nwhich are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which<br \/>\ncould harm Alliance\u2019s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims;<br \/>\navailability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal<br \/>\ncontrols.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><b>For investor inquiries, please contact:<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>\u00a0<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\">Dave Gentry<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\">RedChip Companies, Inc.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\">1-800-REDCHIP (733-2447)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\">1-407-644-4256<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><u>AENT@redchip.com<\/u><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 5 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center\"><span><b>ALLIANCE<br \/>\nENTERTAINMENT HOLDING CORP.<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span><b>UNAUDITED<br \/>\nCONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif\">\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: center\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Three Months Ended<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Three Months Ended<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Nine Months Ended<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Nine Months Ended<\/td>\n<td style=\"text-align: center; font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">($ in thousands except share and per share amounts)<\/td>\n<td style=\"text-align: center; font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2026<\/td>\n<td style=\"text-align: center; padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2025<\/td>\n<td style=\"text-align: center; padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2026<\/td>\n<td style=\"text-align: center; padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"text-align: center; font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2025<\/td>\n<td style=\"text-align: center; padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"width: 44%; font-weight: bold; text-align: left\">Net Revenues<\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"width: 1%; text-align: left\">$<\/td>\n<td style=\"width: 10%; text-align: right\">258,201<\/td>\n<td style=\"width: 1%; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"width: 1%; text-align: left\">$<\/td>\n<td style=\"width: 10%; text-align: right\">213,045<\/td>\n<td style=\"width: 1%; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"width: 1%; text-align: left\">$<\/td>\n<td style=\"width: 10%; text-align: right\">880,886<\/td>\n<td style=\"width: 1%; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"width: 1%; text-align: left\">$<\/td>\n<td style=\"width: 10%; text-align: right\">835,707<\/td>\n<td style=\"width: 1%; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Cost of Revenues (excluding depreciation and amortization)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">225,180<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">183,984<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">763,590<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">738,821<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: left\">Operating Expenses<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Distribution and Fulfillment Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">11,120<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">9,989<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">33,161<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">31,425<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Selling, General and Administrative Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">16,878<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">14,187<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">48,545<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">41,092<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Depreciation and Amortization<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,392<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,352<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,966<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,865<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Transaction Costs<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">313<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">909<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Insurance Claim Recovery<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(408<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Restructuring Cost<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">4<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">73<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left; padding-bottom: 1pt\">Gain on Disposal of Fixed Assets<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">&#8211;<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">&#8211;<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(24<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(15<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; font-weight: bold; text-align: left; padding-bottom: 1pt\">Total Operating Expenses<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">29,703<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">25,532<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">86,151<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">76,440<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; font-weight: bold; text-align: left\">Operating Income<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,318<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,529<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">31,145<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">20,446<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: left\">Other Expenses<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Interest Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,568<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,435<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">7,369<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">8,101<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left; padding-bottom: 1pt\">Change in Fair Value of Warrants<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(884<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(1,676<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,428<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">910<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; font-weight: bold; text-align: left; padding-bottom: 1pt\">Total Other Expenses<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">684<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">759<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">8,797<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">9,011<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; font-weight: bold; text-align: left\">Income Before Income Tax Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,634<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,770<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">22,348<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">11,435<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Income Tax Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">323<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">919<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">5,769<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,116<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; font-weight: bold; text-align: left; padding-bottom: 1pt\">Net Income<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">2,311<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,851<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">16,579<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">9,319<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Net Income per Share \u2013 Basic<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.05<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.04<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.33<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.18<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Weighted Average Common Shares Outstanding &#8211; Basic<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">50,963,322<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">50,957,370<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">50,959,324<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">50,957,370<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Net Income per Share \u2013 Diluted<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.05<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.04<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.32<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">0.18<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Weighted Average Common Shares Outstanding &#8211; Diluted<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">51,028,493<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">50,965,970<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">51,024,496<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">50,965,970<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 6 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center\"><span><b>ALLIANCE<br \/>\nENTERTAINMENT HOLDING CORP.<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center\"><span><b>CONSOLIDATED<br \/>\nBALANCE SHEETS<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif\">\n<tr style=\"vertical-align: bottom\">\n<td style=\"border-bottom: Black 1pt solid; font-style: italic; text-align: left\">($ in thousands except per share amounts)<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center; border-bottom: Black 1pt solid\">March 31, 2026<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center; border-bottom: Black 1pt solid\">June 30, 2025<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"font-weight: bold; text-align: right\"><span><b>(Unaudited)<\/b><\/span><\/td>\n<td style=\"font-weight: bold; text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: left\">Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Current Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; width: 60%; text-align: left\">Cash<\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"width: 1%; text-align: left\">$<\/td>\n<td style=\"width: 16%; text-align: right\">1,237<\/td>\n<td style=\"width: 1%; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%\">\u00a0<\/td>\n<td style=\"width: 1%; text-align: left\">$<\/td>\n<td style=\"width: 16%; text-align: right\">1,236<\/td>\n<td style=\"width: 1%; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Trade Receivables, Net of Allowance for Credit Losses of $799 and $867, respectively<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">92,849<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">95,027<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Inventory, Net<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">126,690<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">102,848<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left; padding-bottom: 1pt\">Other Current Assets<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">19,200<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">19,021<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: left\">Total Current Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">239,976<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">218,132<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Property and Equipment, Net<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">10,919<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">11,291<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Operating Lease Right-of-Use Assets, Net<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">16,875<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">19,214<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Goodwill<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">94,081<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">89,116<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Intangibles, Net<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">19,397<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">18,475<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Other Long-Term Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,644<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">789<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left; padding-bottom: 1pt\">Deferred Tax Asset, Net<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">4,211<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">4,211<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: left; padding-bottom: 2.5pt\">Total Assets<\/td>\n<td style=\"padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: right\">387,103<\/td>\n<td style=\"padding-bottom: 2.5pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: right\">361,228<\/td>\n<td style=\"padding-bottom: 2.5pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: left\">Liabilities and Stockholders\u2019 Equity<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Current Liabilities<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Accounts Payable<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">158,453<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">155,300<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Accrued Expenses<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">12,660<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">9,548<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Current Portion of Operating Lease Obligations<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,314<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,229<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Current Portion of Finance Lease Obligations<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,720<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,075<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Deferred Consideration<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,300<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left; padding-bottom: 1pt\">Contingent Liability<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,577<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,577<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: left\">Total Current Liabilities<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">180,024<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">172,729<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Revolving Credit Facility, Net<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">64,330<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">55,268<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Finance Lease Obligation, Non- Current<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">7<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,931<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Operating Lease Obligations, Non-Current<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">15,052<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">17,432<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Shareholder Loan (subordinated), Non-Current<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">10,000<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Contingent Liability, Non-Current<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">5,500<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Acquired Royalty Obligation (Endstate), Non-Current<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">165<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left; padding-bottom: 1pt\">Warrant Liability<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">2,075<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">646<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left; padding-bottom: 1pt\">Total Liabilities<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">267,153<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">258,006<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Commitments and Contingencies (Note 13)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Stockholders\u2019 Equity<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Preferred Stock: Par Value $0.0001 per share, Authorized 1,000,000 shares, Issued and Outstanding and 0 shares as of March 31, 2026, and June 30, 2025<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: left\">Common Stock: Par Value $0.0001 per share, Authorized 550,000,000 shares at March 31, 2026, and at June 30, 2025; Issued and Outstanding 50,974,630 Shares as of March 31, 2026, and 50,957,370 at June 30, 2025, respectively<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">5<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">5<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Paid In Capital<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">48,719<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">48,570<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left\">Accumulated Other Comprehensive Loss<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(76<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(76<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: left; padding-bottom: 1pt\">Retained Earnings<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">71,302<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">54,723<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: left; padding-bottom: 1pt\">Total Stockholders\u2019 Equity<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">119,950<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">103,222<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: left; padding-bottom: 2.5pt\">Total Liabilities and Stockholders\u2019 Equity<\/td>\n<td style=\"padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: right\">387,103<\/td>\n<td style=\"padding-bottom: 2.5pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: right\">361,228<\/td>\n<td style=\"padding-bottom: 2.5pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 7 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center\"><span><b>ALLIANCE<br \/>\nENTERTAINMENT HOLDING CORP.<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center\"><span><b>UNAUDITED<br \/>\nCONSOLIDATED STATEMENTS OF CASH FLOWS<\/b><\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif\">\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Nine Months Ended<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Nine Months Ended<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-style: italic; text-align: justify; border-bottom: Black 1pt solid\">($ in thousands)<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2026<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center; border-bottom: Black 1pt solid\">March 31, 2025<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">Cash Flows from Operating Activities:<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; width: 60%; text-align: justify\">Net Income<\/td>\n<td style=\"width: 2%; font-weight: bold\">\u00a0<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"width: 16%; font-weight: bold; text-align: right\">16,579<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%; font-weight: bold\">\u00a0<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"width: 16%; font-weight: bold; text-align: right\">9,319<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: justify\">Adjustments to Reconcile Net Income to<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: justify\">Net Cash Provided by Operating Activities:<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Depreciation of Property and Equipment<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,339<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,280<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Amortization of Intangible Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,627<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,585<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Amortization of Deferred Financing Costs (Included in Interest Expense)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,053<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,053<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Allowance for Credit Losses<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,190<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">780<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Change in Fair Value of Warrants<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,428<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">910<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Deferred Income Taxes<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(967<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Non-cash lease expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,339<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,157<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Stock-based Compensation Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">149<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Gain on Disposal of Fixed Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(24<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(15<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 10pt; text-align: justify\">Changes in Assets and Liabilities<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Trade Receivables<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">988<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(3,283<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Inventory<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(23,842<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">4,994<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Income Taxes Payable<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">5,182<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,558<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Operating Lease Obligations<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(2,294<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(1,004<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Other Assets<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(1,071<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(6,027<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Accounts Payable<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">3,153<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">6,368<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify; padding-bottom: 1pt\">Accrued Expenses and Contingent Liability<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(2,467<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(3,627<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 30pt; font-weight: bold; text-align: justify; padding-bottom: 1pt\">Net Cash Provided by Operating Activities<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">7,329<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">16,081<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">Cash Flows from Investing Activities:<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Capital Expenditures<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(974<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(52<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Cash Paid for Business Acquisition\/Asset Purchase<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(1,150<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(7,551<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Cash Inflow from Asset Disposal<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">30<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">15<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify; padding-bottom: 1pt\">Investment in Captive Stock<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">36<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">&#8211;<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 30pt; font-weight: bold; text-align: justify; padding-bottom: 1pt\">Net Cash Used in Investing Activities<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(2,058<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(7,588<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">Cash Flows from Financing Activities:<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Payments on Financing Leases<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(2,279<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(2,116<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Payments on Revolving Credit Facility<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(882,067<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(778,620<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Borrowings on Revolving Credit Facility<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">889,722<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">773,144<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify\">Repayments on Shareholder Note (Subordinated), Non-Current<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(10,000<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 20pt; text-align: justify; padding-bottom: 1pt\">Deferred Financing Cost<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(646<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">&#8211;<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"padding-left: 30pt; font-weight: bold; text-align: justify; padding-bottom: 1pt\">Net Cash Used in Financing Activities<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(5,270<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(7,592<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Net Increase in Cash<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">901<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify; padding-bottom: 1pt\">Cash, Beginning of the Period<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,236<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,129<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify; padding-bottom: 2.5pt\">Cash, End of the Period<\/td>\n<td style=\"padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: right\">1,237<\/td>\n<td style=\"padding-bottom: 2.5pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; text-align: right\">2,030<\/td>\n<td style=\"padding-bottom: 2.5pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">Supplemental disclosure for Cash Flow Information<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Cash Paid for Interest<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">7,300<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">8,089<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Cash Paid for Income Taxes<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">2,062<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">$<\/td>\n<td style=\"text-align: right\">1,675<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">Supplemental Disclosure for Non-Cash Investing and Financing Activities<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Conversion of Warrants from liability to Equity<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">454<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 8 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span><b>Non-GAAP<br \/>\nFinancial Measures:<\/b> For the three months ended March 31, 2026, we had non-GAAP Adjusted EBITDA of approximately $5.1 million compared<br \/>\nwith Adjusted EBITDA of approximately $4.9 million in the prior year period, or a year-over-year improvement of $0.2 million. For the<br \/>\nnine months ended March 31, 2026, we had non-GAAP Adjusted EBITDA of approximately $35.7 million compared with Adjusted EBITDA of approximately<br \/>\n$24.4 million in the prior year period, or a year-over-year improvement of $11.3 million. We define Adjusted EBITDA as net income (loss)<br \/>\nadjusted to exclude: (i) income tax expense; (ii) interest expense; (iii) depreciation and amortization; (iv) changes in the fair value<br \/>\nof warrant liabilities; and (v) other non-recurring or non-cash items, including transaction costs and stock-based compensation. Our<br \/>\nmethod of calculating Adjusted EBITDA may differ from other companies and accordingly, this measure may not be comparable to measures<br \/>\nused by other companies. We use Adjusted EBITDA to evaluate our own operating performance and as an integral part of our planning process.<br \/>\nWe present Adjusted EBITDA as a supplemental measure because we believe such a measure is useful to investors as a reasonable indicator<br \/>\nof operating performance. We believe this measure is a financial metric used by many investors to compare companies. This measure is<br \/>\nnot a recognized measure of financial performance under GAAP in the United States and should not be considered as a substitute for operating<br \/>\nearnings (losses), net earnings (loss) from continuing operations or cash flows from operating activities, as determined in accordance<br \/>\nwith GAAP. See the table below for a reconciliation, for the periods presented, of our GAAP net income (loss) to Adjusted EBITDA.<\/span><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif\">\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Three Months <br \/>Ended<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Three Months <br \/>Ended<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify; border-bottom: Black 1pt solid\">($ in thousands)<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2026<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2025<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"width: 60%; font-weight: bold; text-align: justify\">Net Income<\/td>\n<td style=\"width: 2%; font-weight: bold\">\u00a0<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"width: 16%; font-weight: bold; text-align: right\">2,311<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%; font-weight: bold\">\u00a0<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"width: 16%; font-weight: bold; text-align: right\">1,851<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-style: italic; text-align: justify\">Add back:<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Interest Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,568<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,435<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Income Tax Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">323<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">919<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify; padding-bottom: 1pt\">Depreciation and Amortization Expense<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,392<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">1,352<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">EBITDA<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; text-align: left\">$<\/td>\n<td style=\"font-weight: bold; text-align: right\">5,594<\/td>\n<td style=\"font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; text-align: left\">$<\/td>\n<td style=\"font-weight: bold; text-align: right\">6,557<\/td>\n<td style=\"font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-style: italic; text-align: justify\">Adjustments<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Stock-based Compensation Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">55<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Transaction Costs<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">313<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Change In Fair Value of Warrants<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(884<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(1,676<\/td>\n<td style=\"text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify; padding-bottom: 1pt\">Restructuring Cost<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">&#8211;<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">4<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify; padding-bottom: 2.5pt\">Adjusted EBITDA<\/td>\n<td style=\"font-weight: bold; padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: right\">5,078<\/td>\n<td style=\"padding-bottom: 2.5pt; font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"font-weight: bold; padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: right\">4,885<\/td>\n<td style=\"padding-bottom: 2.5pt; font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif\">\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Nine Months <br \/>Ended<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td colspan=\"2\" style=\"font-weight: bold; text-align: center\">Nine Months <br \/>Ended<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify; border-bottom: Black 1pt solid\">($ in thousands)<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2026<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; padding-bottom: 1pt\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: Black 1pt solid; font-weight: bold; text-align: center\">March 31, 2025<\/td>\n<td style=\"padding-bottom: 1pt; font-weight: bold\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"width: 60%; font-weight: bold; text-align: justify\">Net Income<\/td>\n<td style=\"width: 2%; font-weight: bold\">\u00a0<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"width: 16%; font-weight: bold; text-align: right\">16,579<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"width: 2%; font-weight: bold\">\u00a0<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"width: 16%; font-weight: bold; text-align: right\">9,319<\/td>\n<td style=\"width: 1%; font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-style: italic; text-align: justify\">Add back:<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Interest Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">7,369<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">8,101<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Income Tax Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">5,769<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2,116<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify; padding-bottom: 1pt\">Depreciation and Amortization Expense<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">3,966<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">3,865<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify\">EBITDA<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; text-align: left\">$<\/td>\n<td style=\"font-weight: bold; text-align: right\">33,683<\/td>\n<td style=\"font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"font-weight: bold\">\u00a0<\/td>\n<td style=\"font-weight: bold; text-align: left\">$<\/td>\n<td style=\"font-weight: bold; text-align: right\">23,401<\/td>\n<td style=\"font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-style: italic; text-align: justify\">Adjustments<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Stock-based Compensation Expense<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">149<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Transaction Costs<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">909<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Change In Fair Value of Warrants<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">1,428<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">910<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Restructuring Cost<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">2<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">73<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify\">Insurance Claim Recovery<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">(408<\/td>\n<td style=\"text-align: left\">)<\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<td style=\"text-align: right\">&#8211;<\/td>\n<td style=\"text-align: left\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"text-align: justify; padding-bottom: 1pt\">Gain on Disposal of Property and Equipment<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(24<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<td style=\"padding-bottom: 1pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: left\">\u00a0<\/td>\n<td style=\"border-bottom: Black 1pt solid; text-align: right\">(15<\/td>\n<td style=\"padding-bottom: 1pt; text-align: left\">)<\/td>\n<\/tr>\n<tr style=\"vertical-align: bottom\">\n<td style=\"font-weight: bold; text-align: justify; padding-bottom: 2.5pt\">Adjusted EBITDA<\/td>\n<td style=\"font-weight: bold; padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: right\">35,739<\/td>\n<td style=\"padding-bottom: 2.5pt; font-weight: bold; text-align: left\">\u00a0<\/td>\n<td style=\"font-weight: bold; padding-bottom: 2.5pt\">\u00a0<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: left\">$<\/td>\n<td style=\"border-bottom: Black 2.5pt double; font-weight: bold; text-align: right\">24,369<\/td>\n<td style=\"padding-bottom: 2.5pt; font-weight: bold; text-align: left\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify\"><span>\u00a0<\/span><\/p>\n<p><!-- Field: Page; Sequence: 9; Options: Last --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<\/div>\n<p><!-- END EXHIBIT: EX-99.1 --><\/p>\n<p><!-- BEGIN EXHIBIT: EX-99.2 --><\/p>\n<div class=\"sec-exhibit\" data-exhibit-type=\"EX-99.2\" data-exhibit-desc=\"EX-99.2\">\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: right; margin-top: 0; margin-bottom: 0\"><b>Exhibit 99.2<\/b><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\"><img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_002.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 2 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\"><img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_003.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 3 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\"><img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_004.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 4 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\"><img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_005.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 5 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; 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margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 25 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_026.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 26 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_027.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 27 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_028.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 28 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\"><img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_029.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 29 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<img decoding=\"async\" src=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001823584\/000149315226023212\/ex99-2_030.jpg\" alt=\"\"\/><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 30; Options: Last --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<\/div>\n<p><!-- END EXHIBIT: EX-99.2 --><\/p><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.stocktitan.net \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>false 0001823584 0001823584 2026-05-14 2026-05-14 0001823584 AENT:ClassCommonStockParValue0.0001PerShareMember 2026-05-14 2026-05-14 0001823584 AENT:RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf11.50PerShareMember 2026-05-14 2026-05-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares \u00a0 \u00a0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 \u00a0 FORM 8-K CURRENT REPORT \u00a0 PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 \u00a0 Date of Report (Date of earliest event [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2417109,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[445630,361644,430296,361641,360367,436925,467876,405179,473247,434104],"class_list":["post-2417108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-adjusted-ebitda","tag-aent","tag-alliance-authentic","tag-alliance-entertainment","tag-collectibles","tag-entertainment-distribution","tag-movies-unlimited","tag-net-income-growth","tag-q3-2026-earnings","tag-quarterly-results"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Alliance-Entertainment-posts-strong-Q3-2026-results.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2417108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2417108"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2417108\/revisions"}],"predecessor-version":[{"id":2417110,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2417108\/revisions\/2417110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2417109"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2417108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2417108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2417108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}