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CHEV

Charging Robotics Inc.

CHEV OTC Wholesale-Motor Vehicle Supplies & New Parts EDGAR ↗
$0.30
-0.77 -71.68%

Key statistics

from XBRL data in SEC filings
Market cap ⓘ
$3.41M
Revenue (TTM) ⓘ
$634K
Net income (TTM) ⓘ
-$2.03M
EPS (TTM) ⓘ
$-0.20
P/E ratio ⓘ
—
Dividend yield ⓘ
—
Free cash flow ⓘ
-$1.24M
Cash ⓘ
$10.0K
Total assets ⓘ
$8.83M
Gross margin ⓘ
18.4%
52-week range ⓘ
$0.11 – $6.20

AI briefing

from the latest 10-K, 10-Q and 8-K events

Charging Robotics Inc. is a development-stage company commercializing wireless EV charging systems for automatic parking facilities.

What they do

Charging Robotics develops, produces, and installs wireless charging systems for electric vehicles (EVs) in robotic parking systems. Its product uses resonance induction coils to transfer electricity over a ~40mm gap between a stationary transmitter and a receiver mounted on the parking plate. The company has received initial orders from three Israeli Automatic Parking Facilities (APS) suppliers: Electra Parking Solutions, Parkomot, and Parking Design.

Revenue drivers

  • Wireless EV charging systems for APS — The primary product, sold as a system (transmitter + receiver), with an ASP of about $3,000-$4,000 per unit. Orders include 2 systems for Electra, 1 for Parkomot, and 12 for Parking Design.

Recent performance

The company is pre-revenue from its current product; reported annual net losses of $804k (2023), $842k (2024), and $387k (2025). Operating cash flow was negative $1.1M in 2025. Latest balance sheet (June 30, 2026) shows total assets of $8.8M, total liabilities of $4.8M, and cash of only $10,000.

Strategy

Management is focused on completing testing of installed systems, particularly the Electra system in Tel Aviv, and awaiting readiness of parking facilities for full deployment. The company plans to expand in-house testing to reduce risks and gain experience. It also invests in a wireless power transfer module that could be used for robotics and stationary platforms, and holds a 19.99% stake in Revoltz, a micro-mobility vehicle developer.

Risks

  • Going concern risk — The financial statements include a going concern note, indicating substantial doubt about the company's ability to continue as a going concern.
  • Limited revenue — The company has not generated significant revenue from its current product and may never become profitable.
  • Dependence on infrastructure projects — Installation of systems depends on completion of buildings and parking facilities; delays in these projects could delay revenue recognition.
  • Capital needs — The company expects to need substantial additional capital; availability on acceptable terms is uncertain, and failure could force it to delay or terminate development.

Outlook

Management expects to install the Parkomot system by the end of 2026. Additional testing of the Electra system in Tel Aviv will occur once the parking facility can accommodate EVs. The company continues to seek additional orders and may require further financing to fund operations.

Recent SEC filings

40 most recent
Annual, quarterly & current reports