What changed in this filing

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Item 1. Business

2026-04-15 compared with 2025-03-26 · 34 added, 33 removed, 618 unchanged (10% of the section changed)

7 unchanged sentences

Belgium, France, Greece, Italy, Luxembourg, and Poland.

During the second quarter of 2024, the Company liquidated its entity in Sweden, Mannatech Sverige AB.

During 2025, the Company liquidated its entity in Denmark, Mannatech Denmark ApS.

We sell our products principally through network marketing distribution channels via our active associates (“independent associate” or “associates” or “distributors”) and to our “preferred customers,” which we believe is the most cost-effective way to introduce our products and communicate information about our business to the global marketplace quickly and effectively.

2 unchanged sentences

In addition, network marketing provides our associates with an avenue to supplement their income by building their own business centered on our business philosophies and unique products.

As of December 31, 2024, we had approximately 133,000 active associate and preferred customer positions held by individuals in our network associated with the purchase of our products and packs and/or payment of associate fees within the last 12 months.

As of December 31, 2025, we had approximately 114,000 active associate and preferred customer positions held by individuals in our network associated with the purchase of our products and/or payment of associate fees within the last 12 months.

At the time of purchase, a customer may choose to sign up as a “preferred customer” to receive the same pricing on our products as our associates and to receive emails about our products and promotions.

7 unchanged sentences

Customs regulations in China include purchase limits to ensure that purchased products are for personal consumption.

In July 2024, the Company ceased operating its tiered affiliate program in the United States which conducted business under the brand name, “Trulu™” (“Trulu”) and was operated by our wholly owned subsidiary, New Economy Marketing Opportunities, LLC.

The affiliate program business was separate from our network marketing business.

Trulu affiliates earned commissions on the sale of Trulu products under a commission plan that was separate from the Mannatech network marketing commission plan.

Our common stock trades on The Nasdaq Capital Markets (“Nasdaq”) under the symbol “MTEX.” Information for each of our two most recent fiscal years, with respect to our net sales, results of operations, and identifiable assets is set forth in the Consolidated Financial Statements of this report.

49 unchanged sentences

Mannatech introduced two unique drink mixes in Mexico, MannaForce+ and M Gold+.

• In 2023, Mannatech's latest product launches included our Korean Luminovation skincare line in the United States and Australia.

In 2023, Mannatech's product launches included our Korean Luminovation skincare line in the United States and Australia.

Sleep and Stress Support gummies were introduced in the United States as part of the Essentials product line.

2 unchanged sentences

Additionally, our subsidiary, NEMO, launched the Trulu AM/PM product.

• In 2024, Mannatech's latest product launches included TruEdge Coffee, TruEdge Energy and TruHealth Satiety in the United States.

In 2024, Mannatech's product launches included TruEdge Coffee, TruEdge Energy and TruHealth Satiety in the United States.

Women's Premier All-in-One was launched in Korea.

1 unchanged sentence

Osolin launched in Thailand.

In 2025, Mannatech's product launches included Chocolate Osolean and Essentials Collagen Chews in the United States.

Rose Beauty Collagen was launched in Korea, Hong Kong and China.

Collagen was launched in South Africa and Mexico launched Coffee NAD+.

Mannatech offers products that include glycan nutrients, a unique category of nutrients sourced from plants and designed to provide a variety of health benefits.

8 unchanged sentences

The following table summarizes our global product offerings, by category:

Product Category Representative Products

Integrative Health Ambrotose ® Complex, Ambrotose AO ® , Advanced Ambrotose ® , Ambrotose Life ®

Catalyst™, Cognitate ® , Manapol ® Powder, MannaBears ® , MultiKids, Nutriverus™, Optimal Support Packets, PhytoMatrix ® , PLUS™, Chaga Cafe, Glycentials™, MannaTea™, PhytoCleanse, MightyBears ® , MannaGel™, Tru-C™, TruCoffee ®, TruEdge Coffee and TruEdge Energy

Targeted Health BounceBack ® , CardioBALANCE ® , GI-ProBalance ® , GI-Zyme ® , GI-Defense®, Blood Sugar ProBalance, ImmunoSTART ® , Manna-C ™, MannaBOOM ® , MannaCLEANSE™, Omega-3 with Vitamin D3, PhytAloe ® , I-Start, MannaAloe ® with AloePrime ® , Chlorophyll, MANNAGEL™, MegaKids, GlyCollagen con Aloe Prime, M Gold+ con aloe Prime™ and GlycoForce + con aloePrime™ , EnzymeProBalance, Luminivation Collagen Glaze, M Gold+, Men's Prime 7 and Women's Premier All-in-One

Weight and Fitness OsoLean ® , SPORT™, TruHealth™ Fat Loss System, including:

TruHealth™ Shake, TruHealth™ Cleanse, TruSHAPE™, EM∙PACT ® and Mannashake™, EMPACT Plus TruHealth Satiety ™ and Yogurt Nuts Protein Bar

Skin Care Emprizone ® , FIRM with Ambrotose ® , FreshDen ® and Luminovation™

Essentials Catalyst™ Multivitamin, Eye Support, Liver Support, Joint Support SUPERFOOD, Sleep Support gummies and Stress Support gummies

A significant portion of our revenue is derived from our Ambrotose Life ® , TruHealth ™ , Ambrotose, and Optimal Support Packets products.

Product Category

Representative Products

Integrative Health

Ambrotose® Complex, Ambrotose AO®, Advanced Ambrotose®, Ambrotose Life®

Catalyst™, Cognitate® (now Brain Plus), Manapol® Powder, MannaBears®, MultiKids, Nutriverus™, Optimal Support Packets, PhytoMatrix®, PLUS™, Chaga Cafe, Glycentials™, MannaTea™, PhytoCleanse, MightyBears®, MannaGel™, Tru-C™, TruCoffee® , TruEdge Coffee and TruEdge Energy

Targeted Health

BounceBack®, CardioBALANCE®, GI-ProBalance®, GI-Zyme®, GI-Defense®, Blood Sugar ProBalance, ImmunoSTART®, Manna-C ™, MannaBOOM®, MannaCLEANSE™, Omega-3 with Vitamin D3, PhytAloe®, I-Start, MannaAloe® with AloePrime®, Chlorophyll, MANNAGEL™, MegaKids, GlyCollagen con Aloe Prime, M Gold+ con aloe Prime™ and GlycoForce + con aloePrime™, EnzymeProBalance, Luminivation Collagen Glaze, M Gold+, Men's Prime 7 and Women's Premier All-in-One, Coffee NAD+

Weight and Fitness

OsoLean®, SPORT™, TruHealth™ Fat Loss System, including:

TruHealth™ Shake, TruHealth™ Cleanse, TruSHAPE™, EM∙PACT® and Mannashake™, EMPACT Plus TruHealth Satiety™, TruCoffee®, TruEdge Coffee, TruEdge Energy and Yogurt Nuts Protein Bar

Emprizone®, FIRM with Ambrotose®, FreshDen® and Luminovation™

Catalyst™ Multivitamin, Eye Support, Liver Support, Joint Support SUPERFOOD, Sleep Support gummies, Stress Support gummies, Essentials™ Collagen and Essentials™ Collagen Chews

A significant portion of our revenue is derived from our Ambrotose Life®, TruHealth™, Optimal Support Packets and Ambrotose products.

Product Development .

83 unchanged sentences

Support Philosophy for Our Independent Associates and Preferred Customers .

W e are fully committed to providing the highest level of support services to our independent associates and preferred customers and believe that we meet expectations and build customer loyalty through the following:

We are fully committed to providing the highest level of support services to our independent associates and preferred customers and believe that we meet expectations and build customer loyalty through the following:

offering highly personalized and responsive customer service;

33 unchanged sentences

We pursue registrations for various trademarks associated with our key products and branding initiatives.

As of December 31, 2024, we had 38 registered trademarks in the United States and three trademark applications pending with the United States Patent and Trademark Office.

As of December 31, 2024, we had 532 registered trademarks in 35 foreign jurisdictions and 28 trademark applications pending in 10 f oreign jurisdictions.

As of December 31, 2025, we had 38 registered trademarks in the United States and two trademark applications pending with the United States Patent and Trademark Office.

As of December 31, 2025, we had 538 registered trademarks in 35 foreign jurisdictions and 13 trademark applications pending in 9 foreign jurisdictions.

Globally, the protection available in foreign jurisdictions may not be as extensive as the protection available to us in the United States.

4 unchanged sentences

The Company applies for patent protection in various countries for the technology related to our product formulations.

As of December 31, 2024, we had 17 p atents for technology related to our Ambrotose ® formulation, all of which are in 15 f oreign jurisdictions.

Overall, as of December 31, 2024, 74 p atent s have been assigned, issued, granted or validated to Mannatech in major global markets for the technology relating to our Ambrotose ® , Ambrotose AO ® , Ambrotose Life ® , GI‑ProBalance™, PhytoMatrix ® , and NutriVerus™ product formulations, as well as in the field of biomarker assays.

As of December 31, 2025, we had 17 patents for technology related to our Ambrotose® formulation, all of which are in 15 foreign jurisdictions.

Overall, as of December 31, 2025, 57 patents have been assigned, issued, granted or validated to Mannatech in major global markets for the technology relating to our Ambrotose®, Ambrotose AO®, Ambrotose Life®, GI‑ProBalance®, PhytoMatrix®, and NutriVerus™ product formulations, as well as in the field of biomarker assays.

Currently, we have two patent applications pending in two foreign jurisdictions relating to the technology supporting many of the above listed products.

12 unchanged sentences

We remain actively committed to expanding the number of our independent associates through recruitment, support, motivation, and incentives.

We had approximately 133,000 and 145,000 active associate and preferred customer positions held by individuals that purchased our products and/or packs or paid associate fees during the years ended December 31, 2024, and 2023, respectively.

We had approximately 114,000 and 133,000 active associate and preferred customer positions held by individuals that purchased our products and/or paid associate fees during the years ended December 31, 2025, and 2024, respectively.

We have a loyalty program through which consumers earn loyalty points from qualified automatic orders, which can be applied to future purchases.

37 unchanged sentences

However, we have limited control over the actions of our independent associates.

To aid in our monitoring efforts, we provide each independent associate with a copy of our policies and procedures prior to or upon sig ning up as an independent associate.

To aid in our monitoring efforts, we provide each independent associate with a copy of our policies and procedures prior to or upon signing up as an independent associate.

We engage a third-party service provider to assist in managing our compliance monitoring process.

3 unchanged sentences

If a violation is found, the complaint moves through the compliance process where the person against whom the complaint has been filed has an opportunity to respond to the allegations.

Depending on the nature of the violation, we may impose various sanctions, including written

warnings, mandatory training, probation, withholding commissions, and termination of associate status.

Depending on the nature of the violation, we may impose various sanctions, including written warnings, mandatory training, probation, withholding commissions, and termination of associate status.

We will terminate any associate’s agreement for making claims that our products can treat, cure, mitigate or prevent any disease, unless such claim is found to be de minimis and isolated.

38 unchanged sentences

We also perform routine maintenance procedures and periodically upgrade our software and hardware to help ensure that our systems are secure and work efficiently and effectively to minimize the risk of business interruption.

maintain an extensive business continuity plan, a long-term failure or impairment of any of our information technology systems could adversely affect our ability to conduct day-to-day business.

Although we maintain an extensive business continuity plan, a long-term failure or impairment of any of our information technology systems could adversely affect our ability to conduct day-to-day business.

For information regarding technology-related risks, see the information in "Item 1A:

33 unchanged sentences

A majority of our products are considered dietary supplements as outlined in the FFDC Act, which requires us to maintain evidence that a dietary supplement is reasonably safe.

A manufacturer of dietary supplements may make statements concerning the effect of a supplement or a dietary ingredient on the structure or any function of the body, in

accordance with the regulations described above.

A manufacturer of dietary supplements may make statements concerning the effect of a supplement or a dietary ingredient on the structure or any function of the body, in accordance with the regulations described above.

As a result, we make such statements with respect to our products.

30 unchanged sentences

The failure to have this substantiation violates the Federal Trade Commission Act.

Globally and in the U.S., there are Extended Producer Responsibility (EPR) laws that make producers responsible for the end-of-life management of their product's packaging, including disposal and recycling costs.

These laws mainly target packaging and printed paper, requiring producers to fund recycling systems.

In the U.S., California, Colorado, Oregon, and Maine have adopted EPR laws.

Generally, under these laws, the producer is required to report packaging data and pay fees based on the weight of materials, type of material, recyclability and the use of post-consumer content.

Due to the diverse scope of regulations applicable to our products and the various regulators enforcing these requirements, determining how to conform to all requirements is often open to interpretation and debate.

170 unchanged sentences

goods and services taxes;

• sales taxes;

consumption taxes;

62 unchanged sentences

At December 31, 2025 and 2024, we employed 170 and 189 people, respectively, as set forth below:

Americas 107 123

Asia/Pacific 75 83

Total 189 213

Full-time employees

Total 189 213

These numbers do not include our independent associates, who are independent contractors and are not employees.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business