Knightscope, Inc.

Knightscope, Inc. reported a net loss of $33.8 million for fiscal year 2025, an increase from a $31.7 million loss in 2024. Total revenue grew 4.9% year-over-year to $11.3 million, driven by service-related revenue and Emergency Communication Device (ECD) product sales. However, the company incurred a gross loss of $4.8 million, widening from a $3.7 million gross loss in the prior year, as cost of revenue ($16.1 million) significantly exceeded revenue. Operating expenses increased to $29.1 million, primarily from higher research and development spending ($12.5 million). The company's cash position improved to $20.6 million at year-end, bolstered by $42.2 million in net financing cash flows from equity offerings, though operating activities used $30.3 million in cash. The auditor's report expressed substantial doubt about the company's ability to continue as a going concern due to recurring losses and negative cash flows.

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