Robo.ai Inc.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsRobo.ai Inc. is a Cayman Islands company listed on Nasdaq that has seen revenue collapse to under $1 million while sustaining large losses.
What they do
Robo.ai Inc. operates in the motor vehicles and passenger car bodies industry. The company emerged from a business combination in November 2022 and appears to be a shell-type entity with minimal current operations. No specific product or service description is provided in the excerpts.
Revenue drivers
- Not specified — The filings do not identify any material revenue-generating segments or products.
Recent performance
Annual revenue fell from $37.3 million in 2023 to $12.0 million in 2024 and to $950,000 in 2025. Net losses narrowed from $-265.3 million in 2023 to $-172.5 million in 2024 and $-167.3 million in 2025. Operating cash flow was negative in 2025 at $-5.1 million, after a positive $33.6 million in 2024. As of December 31, 2025, total assets were $8.4 million, total liabilities were $124.6 million, and shareholders' equity was negative at $-111.8 million. Cash and equivalents stood at $4.1 million.
Strategy
The excerpts do not provide any stated strategy, investments, or priorities in the available text.
Risks
- Going concern — Negative shareholders' equity of $-111.8 million and cash of only $4.1 million raise substantial doubt about the company's ability to continue.
- Revenue collapse — Revenue has declined by over 97% from 2023 to 2025, indicating a near-total loss of business activity.
- Nasdaq compliance — The company may face delisting risks due to low share price or other listing requirements, though specifics are not in the excerpts.
- Limited disclosure — The filing lacks meaningful operational detail, making it difficult to assess any ongoing business.
Outlook
Management's outlook is not disclosed in the provided excerpts. No forward-looking statements or future plans are available.