AIBOTICS, INC. SEC 10-Q Report — TradingView News

AIBOTICS, INC., a company specializing in advanced robotics and AI solutions, has released its Form 10-Q report for the second quarter of 2025. The report provides a detailed overview of the company’s financial performance and operational activities for the six months finished June 30, 2025. Despite achieving revenue growth, the company continues to face significant operational challenges, including a substantial net loss and concerns about its ability to continue as a going concern.

Financial Highlights

Revenue: The company reported revenue of $2,183 for the six months finished June 30, 2025, compared to no revenue in the same period in 2024.
Gross Profit: Gross profit was $2,183, equivalent to the revenue, as there were no cost of sales reported.
Net Loss: The net loss for the period was $(1,077,546), an increase compared to the same period in 2024, reflecting continued operating losses.
Net Loss Per Share – Basic and Diluted: The net loss per share decreased to $(0.02) from $(0.06) in the same period in 2024, due to an increase in the average number of common shares outstanding.

Business Highlights

Operating Expenses: General and administrative expenses decreased by 8% for the three months finished June 30, 2025, compared to the same period in 2024. This decrease was primarily due to a reduction in product development expenses, partially offset by an increase in consulting fees.
Revenue Segments: The company reported revenue of $2,183 for the six months finished June 30, 2025, marking a modify from the previous year where no revenue was reported for the same period.
Future Outsee: AIBOTICS, INC. is focapplying on developing profitable operations and raising capital. Management is actively pursuing additional equity financing through discussions with investment bankers and private investors.
Going Concern: The company has raised substantial doubt about its ability to continue as a going concern due to a net loss of $1,077,546 for the six months finished June 30, 2025, and a working capital deficit of $5,151,741 as of June 30, 2025.
Consulting and Board Compensation: The company incurred consulting fees of approximately $204,000 and board compensation of $80,000 for the six months finished June 30, 2025, reflecting an increase in consulting fees and board compensation compared to the previous year.
Amortization Expenses: Amortization expenses for the six months finished June 30, 2025, were approximately $328,000, contributing significantly to the general and administrative expenses.
Interest Expense: Interest expense increased by 30% for the six months finished June 30, 2025, compared to the same period in 2024. This increase was primarily due to the gain on conversion of accrued interest and the absence of interest expense related to debt discount amortization.
Cash Flow Management: The company applyd net cash of $192,918 in operating activities for the six months finished June 30, 2025, primarily driven by the net loss, offset by amortization expenses and increases in accrued expenses and accounts payable.