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Form 8-K

sec.gov

8-K — Axil Brands, Inc.

Accession: 0001520138-26-000361

Filed: 2026-08-18

Period: 2026-08-18

CIK: 0001718500

SIC: 2844 (PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — axil-20260818_8k.htm (Primary)

EX-99.1 — PRESS RELEASE (axil-20260818_8kex99z1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: axil-20260818_8k.htm · Sequence: 1

false

0001718500

0001718500

2026-08-18

2026-08-18

iso4217:USD

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

August 18, 2026

AXIL BRANDS, INC.

(Exact name of Registrant as Specified in its Charter)

Delaware

001-41958

47-4125218

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

9150 Wilshire Boulevard, Suite 245, Beverly Hills,

California 90212

(Address of principal executive offices, including

ZIP code)

(888) 638-8883

(Registrant’s telephone number, including area

code)

Not Applicable

(Former Name or Former Address, if Changed Since Last

Report)

Check the appropriate box below if the Form 8-K filing is intended to

simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

AXIL

The NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company

as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of

1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 18, 2026,

AXIL Brands, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the fourth

quarter and fiscal year ended May 31, 2026. A copy of the Company’s press release is furnished as Exhibit

99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Pursuant to the rules and

regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and in this Item 2.02 have

been furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended

(the “Exchange Act”), or otherwise subject to liability under that section nor shall they be deemed incorporated by reference

in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference

in such filing regardless of any general incorporation language.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press Release of AXIL Brands, Inc., dated August 18, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the

registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AXIL BRANDS, INC.

Date: August 18, 2026

By:

/s/ Jeff Toghraie

Name:

Jeff Toghraie

Title:

Chief Executive Officer

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: axil-20260818_8kex99z1.htm · Sequence: 2

Exhibit 99.1

AXIL Brands, Inc. Reports Fiscal 2026 and

Fourth Quarter Financial Results

Fourth Quarter Net Revenues Increase

48.9% to a Quarterly Record $8.6 Million and Net Income of $1.5 Million, or $0.18 in diluted EPS, leading Annual Results Higher

LOS ANGELES, August 18, 2026 (GLOBE NEWSWIRE)

– AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE

American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3®

hair and skin care products, and marketing services for third-party brands today announced financial and operational results for the fourth

fiscal quarter ended May 31, 2026 (“Q4 2026”) and for the fiscal year ended May 31, 2026 (“fiscal 2026”).

Financial Highlights for the Quarter Ended May 31, 2026

Net revenues increased 48.9% in Q4 2026 to a record $8.6 million, compared

to $5.8 million in the prior year period

Gross profit increased 53.3% in Q4 2026 to $6.2 million, compared to $4.0

million in the prior year period; gross margin expanded to 72.0% from 70.0%

Income from operations in Q4 2026 was $1.4 million, compared to $46 thousand

in the prior year period

Net income in Q4 2026 was $1.5 million, or $0.21 per basic share and $0.18

per diluted share, compared to a loss of $0.2 million, or $0.04 loss per basic and diluted share in the prior year period

Adjusted EBITDA in Q4 2026 was $1.7 million, or 20.3% of net revenues, compared

to $0.4 million, or 6.1% of net revenues, in the prior year period

Cash on hand as of May 31, 2026 was $4.5 million

compared to $4.8 million as of May 31, 2025, with no outstanding borrowings

Operational Highlights: Retail Expansion

and Product Development

Expanded Walmart partnership to include the MX PRO and MX Passive

hearing protection models across approximately 1,250 store locations nationwide

Introduced the GSX 3.0 and XCOR Pro products to Sportsman's Warehouse

across approximately 70 specialty retail locations and its e-commerce platform

Launched the MX II Series earmuffs powered by the Company's proprietary

SonicShieldX™ technology, featuring advanced Bluetooth connectivity and automatic noise compression, with additional variants released

in May 2026

Unveiled the AXIL CRX, an in-ear hearing protection

solution with modular connectivity options, available beginning May 2026

The Company's full product line became available at U.S. Marine Corps Exchange (MCX) locations in the first quarter

of fiscal 2027, extending its reach to military personnel, their families, and authorized patrons across mass, specialty, and military

channels.

-1-

“The strength of our fourth quarter

financial results was in-line with our expectations, and represents execution of our growth plan, from strategic investments we have made

across the business, from distribution, to product innovation and operational infrastructure,” said Jeff Toghraie, AXIL Chairman

and Chief Executive Officer. “We exited the year at an annual sales run-rate of nearly $35 million and gross margins of 72% in the

fourth quarter, which was at the higher end of our historical range. Net income of $1.5 million, or $0.18 per diluted share for the

quarter compared to a loss in last year’s same period and compared to just a marginal profit in our last quarter, brought our full

year net income to $2.7 million, or $0.33 in diluted EPS, compared to $0.10 for our full year of 2025. These all represent record results

for Axil.”

“The quarter also reflects what was

a defining year for our retail distribution strategy. We expanded our Walmart partnership to approximately 1,250 store locations,

entered Sportsman’s Warehouse across approximately 70 specialty retail locations, and subsequent to fiscal year end, announced

that our full product line became available at U.S. Marine Corps Exchange locations beginning in July 2026. We estimate our total

store count has grown to approximately 6,000 locations compared to approximately 1,800 at the end of last

fiscal year. That growth, across mass, specialty, and now military channels, reflects the broadening appeal of the AXIL brand and

the strength of the relationships we have built.”

“We continued to invest in the product

portfolio that underpins our long-term competitive position. The launch of the MX II Series, powered by our proprietary SonicShieldX™

technology, and the introduction of the AXIL CRX expand our offering across form factors and price points.”

“We enter fiscal 2027 with a stronger

balance sheet, no outstanding borrowings, a larger retail footprint and a deeper product portfolio. We believe AXIL is still in the early

stages of a multi-year growth trajectory, and we remain focused on executing the strategy that will achieve consistent and sustainable

returns for our shareholders,” concluded Mr. Toghraie.

Quarterly Financial Review:

Net revenues increased by $2,811,154, or 48.9%, to

$8,562,463 for the three months ended May 31, 2026, compared to $5,751,309 for the prior-year period, primarily driven by sales to big

box retail chains in our hearing enhancement and protection equipment segment.

Cost of revenues increased by $667,844 or 38.7% from

$1,727,864 in the three months ended May 31, 2025 to $2,395,708 in the three months ended May 31, 2026. Cost of revenues as a percentage

of net revenues for the three months ended May 31, 2026 was 28.0% as compared to 30.0% for the three months ended May 31, 2025. The improvement

in gross margin reflects lower customs duties and the benefit of customs duty refunds received during the period, partially offset by

a higher mix of sales to big box retail chains, which carry tighter margins relative to our direct-to-consumer channel.

-2-

Gross profit increased by $2,143,310 or 53.3%

from $4,023,445 in the three months ended May 31, 2025 to $6,166,755 for the three months ended May 31, 2026. Gross profit as a

percentage of net revenues for the three months ended May 31, 2026 was 72.0%, as compared to 70.0% for the three months ended May

31, 2025. The increase in the gross profit margin for the three months ended May 31, 2026 was driven by lower customs duties

including refunds, partially offset by lower margins related to material orders with big box retail chains.

Operating expenses increased by $741,402, or 18.6%,

from $3,977,358 in the three months ended May 31, 2025 to $4,718,760 in the three months ended May 31, 2026, and decreased as a percentage

of net revenues from 69.2% to 55.1%, reflecting improved operating leverage. Non-cash stock-based compensation included in operating expenses

was $224,557 and $248,417 for three months ended May 31, 2026 and 2025, respectively.

Income from operations for the three months ended

May 31, 2026, was $1,447,995 compared to $46,087 for the three months ended May 31, 2025. The increase in income from operations of $1,401,908

was primarily driven by material orders from big box retail chains, partially offset by increased operating expenses and by a forgiveness

of accounts payable of approximately $220,000 in fiscal 2025 that did not recur in the quarter ended May 31, 2026.

Net income was $1,457,126 for the three months

ended May 31, 2026 and net loss was $245,575, for the three months ended May 31, 2025, respectively.

Adjusted EBITDA increased by $1,385,397 or 391.9%

from $353,512 for the three months ended May 31, 2025 to $1,738,909 for the three months ended May 31, 2026. Adjusted EBITDA as a percentage

of revenues, net for the three months ended May 31, 2026 and 2025, was 20.3% and 6.1%, respectively. Adjusted EBITDA increased primarily

by material orders from big box retail chains, partially offset by increased operating expenses and by a forgiveness of accounts payable

of approximately $220,000 in fiscal 2025, that did not recur in the quarter ended May 31, 2026.

The Company paid approximately $900,000 in IEEPA as

of May 31, 2026. Subsequent to year end it received approximately $910,000 from CBP in refunds of those duties, together with interest,

which were not recognized in fiscal 2026 and will be recorded in fiscal 2027. That benefit will favorably affect fiscal 2027 gross margin

on a basis that is not indicative of underlying operating performance.

-3-

Use of Non-GAAP Financial

Measures

The Company calculates EBITDA by taking net income

calculated in accordance with accounting principles generally accepted in the United States (“GAAP”), and adjusting for income

taxes, interest income or expense, and depreciation and amortization. The Company calculates adjusted EBITDA as EBITDA, further adjusted

for stock-based compensation. Adjusted EBITDA is also presented as a percentage of revenue, which is calculated by dividing the non-GAAP

Adjusted EBITDA for a period by revenue for the same period. Other companies may calculate EBITDA and adjusted EBITDA differently, limiting

the usefulness of these measures for comparative purposes. The Company believes that these non-GAAP measures of financial results provide

useful information regarding certain financial and business trends relating to the Company’s financial condition and results of

operations, and management considers EBITDA and adjusted EBITDA important indicators in evaluating the Company’s business on a

consistent basis across various periods for trend analyses. These non-GAAP financial measures exclude significant expenses and income

that are required by GAAP to be recorded in the Company’s financial statements and are subject to inherent limitations as they

reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP

financial measures. Investors should not rely on any single financial measure to evaluate our business. A reconciliation of EBITDA and

Adjusted EBITDA to the most comparable financial measure, net income, calculated in accordance with GAAP is included in a schedule to

this press release.

-4-

AXIL BRANDS, INC. AND SUBSIDIARIES

CONSOLIDATED EBITDA and ADJUSTED EBITDA

FOR THE THREE AND TWELVE MONTHS ENDED MAY 31, 2026

AND 2025

For the Three Months Ended May 31,

For the Year Ended May 31,

2026

2025

2026

2025

Net income (GAAP)

$ 1,457,126

$ (245,575 )

$ 2,699,349

$ 854,988

Provision for income taxes

27,831

333,493

440,310

453,828

Interest income, net

(33,357 )

(38,320 )

(132,131 )

(135,915 )

Depreciation and amortization

62,752

55,497

246,723

148,498

Total EBITDA (Non-GAAP)

1,514,352

105,095

3,254,251

1,321,399

Adjustments:

Stock-based compensation

224,557

248,417

785,160

1,108,934

Total adjusted EBITDA (Non-GAAP)

$ 1,738,909

$ 353,512

$ 4,039,411

$ 2,430,333

Sales, net (GAAP)

$ 8,562,463

$ 5,751,309

$ 30,847,570

$ 26,257,522

Adjusted EBITDA as a percentage of Sales, net (Non-GAAP)

20.3 %

6.1 %

13.1 %

9.3 %

-5-

AXIL BRANDS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

May 31, 2026

May 31, 2025

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$ 4,462,040

$ 4,769,854

Accounts receivable, net

4,748,966

1,003,945

Inventory, net

4,419,628

2,533,658

Due from related party

—

222

Prepaid expenses and other current assets

712,214

947,969

Total Current Assets

14,342,848

9,255,648

OTHER ASSETS:

Property and equipment, net

389,733

412,261

Intangible assets, net

389,747

403,591

Right of use assets

360,512

579,121

Deferred tax asset

301,460

46,239

Other assets

20,720

20,720

Goodwill

2,152,215

2,152,215

Total Other Assets

3,614,387

3,614,147

TOTAL ASSETS

$ 17,957,235

$ 12,869,795

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:

Accounts payable

$ 1,989,048

$ 866,573

Contract liabilities, current

389,333

707,207

Note payable, current

—

3,574

Due to related party

152,177

—

Lease liabilities, current

195,563

212,543

Income tax liability

688,150

310,369

Other current liabilities

1,088,262

362,558

Total Current Liabilities

4,502,533

2,462,824

LONG TERM LIABILITIES:

Lease liabilities

209,105

404,669

Note payable

—

136,655

Contract liabilities

101,380

205,939

Total Long Term Liabilities

310,485

747,263

Total Liabilities

4,813,018

3,210,087

Commitments and contingencies

STOCKHOLDERS' EQUITY:

Preferred stock, $0.0001 par value; 28,000,000 shares authorized; 24,873,500 and 27,773,500 shares issued and outstanding as of May 31, 2026 and May 31, 2025, respectively

2,487

2,777

Common stock, $0.0001 par value: 15,000,000 shares authorized; 6,822,681 and 6,657,717 shares issued and outstanding as of May 31, 2026 and May 31, 2025, respectively

682

666

Additional paid-in capital

9,720,981

8,935,547

Retained Earnings

3,420,067

720,718

Total Stockholders' Equity

13,144,217

9,659,708

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$ 17,957,235

$ 12,869,795

-6-

AXIL BRANDS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE THREE AND TWELVE MONTHS ENDED MAY 31, 2026

AND 2025

For the Three Months Ended

For the Year Ended

May 31,

May 31,

2026

2025

2026

2025

Revenues, net

$ 8,562,463

$ 5,751,309

$ 30,847,570

$ 26,257,522

Cost of revenues

2,395,708

1,727,864

9,467,823

7,615,954

Gross profit

6,166,755

4,023,445

21,379,747

18,641,568

OPERATING EXPENSES:

Sales and marketing

2,901,617

2,555,411

12,159,478

11,460,342

Compensation and related taxes

595,481

428,089

2,119,368

1,956,084

Research and Development

7,000

—

7,000

—

General and administrative

1,214,662

993,858

4,116,858

4,063,777

Total Operating Expenses

4,718,760

3,977,358

18,402,704

17,480,203

INCOME FROM OPERATIONS

1,447,995

46,087

2,977,043

1,161,365

OTHER INCOME (EXPENSE):

Other income

3,605

3,511

30,485

11,536

Interest income

31,922

39,651

134,718

139,813

Interest expense and other finance charges

1,435

(1,331 )

(2,587 )

(3,898 )

Other income (expense), net

36,962

41,831

162,616

147,451

INCOME BEFORE PROVISION FOR INCOME TAXES

1,484,957

87,918

3,139,659

1,308,816

Provision for income taxes

27,831

333,493

440,310

453,828

NET INCOME

$ 1,457,126

($ 245,575 )

$ 2,699,349

$ 854,988

NET INCOME PER COMMON SHARE:

Basic

$ 0.21

($ 0.04 )

$ 0.40

$ 0.13

Diluted

$ 0.18

($ 0.04 )

$ 0.33

$ 0.10

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:

Basic

6,804,012

6,637,075

6,745,387

6,440,476

Diluted

8,290,113

8,274,195

8,256,118

8,217,083

-7-

AXIL BRANDS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEAR ENDED MAY 31, 2026 AND 2025

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES

Net income

$ 2,699,349

$ 854,988

Adjustments to reconcile net income to net cash (used in)/provided by operating activities:

Depreciation and amortization

246,723

148,498

Provision/(Recovery) for credit losses

79,541

(4,519 )

Reversal of inventory obsolescence

—

(46,895 )

Stock-based compensation and stock option expense

785,160

1,108,934

Gain on forgiveness of account payable

—

(218,699 )

Deferred income taxes

(255,221 )

187,922

Change in operating assets and liabilities:

Accounts receivable

(3,824,562 )

(489,591 )

Inventory

(1,885,970 )

907,260

Prepaid expenses and other current assets

235,755

(142,668 )

Accounts payable

1,122,472

117,677

Other current liabilities

1,209,551

(71,699 )

Contract liabilities

(422,433 )

(422,547 )

NET CASH (USED IN)/PROVIDED BY OPERATING ACTIVITIES

(9,635 )

1,928,661

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of intangibles

(130,964 )

(180,815 )

Purchases of property and equipment

(79,385 )

(213,483 )

NET CASH USED IN INVESTING ACTIVITIES

(210,349 )

(394,298 )

CASH FLOWS FROM FINANCING ACTIVITIES

Repayment of note payable

(140,229 )

(6,365 )

Advances from a related party

5,939,172

6,950,210

Repayments from a related party

(5,886,773 )

(6,962,230 )

NET CASH USED IN FINANCING ACTIVITIES

(87,830 )

(18,385 )

NET (DECREASE)/INCREASE IN CASH

(307,814 )

1,515,978

CASH AND CASH EQUIVALENTS - Beginning of year

4,769,854

3,253,876

CASH AND CASH EQUIVALENTS - End of year

$ 4,462,040

$ 4,769,854

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

Cash paid during the year for:

Interest

$ 3,757

$ 3,736

Income taxes

$ 317,752

$ 137,273

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:

Initial recognition of right of use assets recognized as lease liability

$ —

$ 767,269

-8-

Conference Call

AXIL Brands will host a conference call to discuss results and provide

a corporate update for investors, including a Q&A session, starting at 5:00 PM ET today

(August 18, 2026). To access the live event, dial 1-877-425-9470 (Domestic) or 1-201-389-0878 (International),

or via webcast at https://viavid.webcasts.com/starthere.jsp?ei=1772390&tp_key=6cf6582448.

The call will be available via telephone replay for seven days following the call

by dialing 1-844-512- 2921 (Domestic) or 1-412-317-6671 (International) with access code 13762215.

A webcast (audio stream) replay will also be available on demand at www.goaxil.com in

the investor relations section.

About AXIL Brands

AXIL Brands (NYSE American: AXIL) is an emerging global

consumer products company. The Company is a manufacturer and marketer of premium hearing enhancement and protection products, including

ear plugs, earmuffs, and ear buds, under the AXIL® brand, premium hair and skincare products under its in-house Reviv3® brand

- selling products in the United States, Canada, the European Union, and throughout Asia and provides marketing services to third-party

brands.

To learn more, please visit the Company's AXIL® website

at www.axilbrands.com and its Reviv3® website at www.reviv3.com

Forward-Looking Statements

This press release contains a number of

forward-looking statements within the meaning of the federal securities laws. The use of words such as “anticipate,”

“believe,” “expect,” “continue,” “will,” “may,” “prepare,”

“should,” and “focus,” among others, generally identify forward-looking statements. These forward-looking

statements are based on currently available information, and management’s beliefs, projections, and current expectations, and

are subject to a number of significant risks and uncertainties, many of which are beyond management’s control and may cause

the Company’s results, performance or achievements to differ materially from any future results, performance or achievements

expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially from those in

the forward-looking statements include, among other things: (i) the Company’s ability to grow its net revenues and operations,

including developing new and improved products, diversifying and expanding its distribution and retail channels, expanding the

marketing services business, and growing internationally; (ii) the Company’s ability to perform in accordance with any

guidance provided by management, which may differ from the Company’s actual operating results; (iii) the Company’s

ability to generate sufficient revenue to support the Company’s operations and to raise additional funds or obtain other forms

of financing as needed on acceptable terms, or at all; (iv) potential difficulties or delays the Company may experience in

implementing its cost savings and efficiency initiatives; (v) the Company’s ability to compete effectively with other

companies in its industries; (vi) the concentration of the Company’s customers, potentially increasing the negative impact to

the Company by changing purchasing or selling patterns; (vii) changes in laws or regulations in the United States and/or in other

major markets, such as China, in which the Company operates, including, without limitation, with respect to taxes, tariffs, trade

policies or product safety, which may increase the Company’s product costs and other costs of doing business, and reduce the

Company’s earnings; (viii) continued uncertainty with respect to U.S. trade policies and tariffs and potential tariff refunds;

(ix) the Company’s ability to engage in acquisitions, investments,  partnerships, strategic alliances or

dispositions when desired; (x) the Company’s ability to successfully accelerate its supply chain transition strategy and

achieve the intended benefits; and (xi) the impact of unstable market and general economic conditions on the Company’s

business, financial condition and stock price, including inflationary cost pressures, the possibility of an economic recession and

other macroeconomic factors, geopolitical events, and uncertainty, increased tariffs and other trade restrictions and barriers,

unemployment rates, decreased discretionary consumer spending, supply chain disruptions and constraints, labor shortages, ongoing

economic disruption, the Ukraine-Russia conflict and conflicts in the Middle East, and other downturns in the business cycle or the

economy. There can be no assurance as to any of these matters, and potential investors are urged to consider these factors carefully

in evaluating the forward-looking statements. Other important factors that may cause actual results to differ materially from those

expressed in the forward-looking statements are discussed in the Company’s filings with the U.S. Securities and Exchange

Commission. These forward-looking statements speak only as of the date hereof. Except as required by law, the Company does not

assume any obligation to update or revise these forward-looking statements for any reason, even if new information becomes available

in the future.

Investor Relations:

investors@goaxil.com

-9-

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.1

Cover

Aug. 18, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Aug. 18, 2026

Entity File Number

001-41958

Entity Registrant Name

AXIL BRANDS, INC.

Entity Central Index Key

0001718500

Entity Tax Identification Number

47-4125218

Entity Incorporation, State or Country Code

DE

Entity Address, Address Line One

9150 Wilshire Boulevard

Entity Address, Address Line Two

Suite 245

Entity Address, City or Town

Beverly Hills

Entity Address, State or Province

CA

Entity Address, Postal Zip Code

90212

City Area Code

(888)

Local Phone Number

638-8883

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock, par value $0.0001 per share

Trading Symbol

AXIL

Security Exchange Name

NYSEAMER

Entity Emerging Growth Company

false

Entity Information, Former Legal or Registered Name

Not Applicable

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

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Area code of city

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Cover page.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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Address Line 2 such as Street or Suite number

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Exchange Act

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- Definition

Indicate if registrant meets the emerging growth company criteria.

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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- Definition

Two-character EDGAR code representing the state or country of incorporation.

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Former Legal or Registered Name of an entity

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Title of a 12(b) registered security.

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Name of the Exchange on which a security is registered.

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-Section 12

-Subsection d1-1

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Trading symbol of an instrument as listed on an exchange.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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