SRM Entertainment updates on trade conditions; passes title to customers in China, $800k US inventory

Tron Inc.

Manufactures in China but passes title to largest customers there, making them responsible for shipping, tariffs, and duties.
Holds $800,000 of domestic inventory of proprietary plush, drinkware, and Sip With Me cups to mitigate supply chain risks.
Expanding manufacturing capacity into new countries and seeking US-based cost-effective manufacturing solutions.
Reports continued product re-orders from largest theme park customers; international theme park customers not impacted by US tariffs.
Smurfs movie starring Rihanna releases July 2025; officially licensed Smurfs Sip With Me cups already in US inventory.

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