{"id":875029,"date":"2025-08-13T08:03:28","date_gmt":"2025-08-13T12:03:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/"},"modified":"2025-08-13T08:03:28","modified_gmt":"2025-08-13T12:03:28","slug":"knightscope-reports-second-quarter-2025-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/","title":{"rendered":"Knightscope Reports Second Quarter 2025 Financial Results"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Knightscope Reports Second Quarter 2025 Financial Results<\/b><\/p>\n<p class=\"bwalignc\"><b>Paid Off $3 Million Senior Secured Promissory Note<\/b><\/p>\n<p>SUNNYVALE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=54307301&amp;newsitemid=20250813257570&amp;lan=en-US&amp;anchor=Knightscope%2C+Inc.&amp;index=1&amp;md5=64e2edd5879689a0922e528e6ddb0ac6\">Knightscope, Inc.<\/a> (NASDAQ: KSCP), a leader in autonomous security robots and emergency communication devices, today reported financial results for the second quarter ended June 30, 2025.<\/p>\n<p><b>Second Quarter 2025 Highlights<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Revenue<\/b> of $2.7 million, compared to $3.2 million in Q2 2024, reflecting higher ASR service revenue offset by lower ECD product revenue due to component shortages.\n<\/li>\n<li><b>Gross loss<\/b> of $0.9 million, compared to $0.6 million in Q2 2024. Gross margin declined primarily due to lower ECD volumes.\n<\/li>\n<li><b>Operating expenses<\/b> decreased 14% year-over-year to $5.4 million, driven by lower general and administrative costs and reduced sales and marketing spend.\n<\/li>\n<li><b>Net loss<\/b> of $6.3 million, or $(0.90) per share, compared to a net loss of $6.3 million, or $(2.68) per share, in Q2 2024.\n<\/li>\n<li><b>Cash and cash equivalents<\/b> of $8.2 million as of June 30, 2025, a $5.6 million improvement from the prior year, supported by disciplined cost controls and at-the-market equity sales (ATM Program). Subsequent to June 30, 2025 the Company sold additional shares under the Company\u2019s ATM Program resulting in cash on hand of $24.2 million as of August 8, 2025.\n<\/li>\n<\/ul>\n<p><b>Business Updates<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Repayment of Senior Secured Facility Related to Dilutive Warrants \u2013 <\/b>In a significant step toward simplifying its capital structure and eliminating shareholder dilution risk, as of June 30, 2025, Knightscope has fully repaid its $3.0 million senior secured promissory note, eliminating the debt and strengthening the Company\u2019s balance sheet.\n<\/li>\n<li><b>New Headquarters<\/b> \u2013 In April 2025, Knightscope signed a lease for a 33,355 square-foot facility in Sunnyvale, California, more than doubling its footprint. The expanded space will serve as the Company\u2019s new headquarters and hub for engineering, manufacturing, and client support.\n<\/li>\n<li><b>Operational Efficiency Initiatives<\/b> \u2013 Fully staffed second production shift, reducing overtime costs and improving capacity utilization; continued backlog conversion efforts.\n<\/li>\n<li><b>Inventory Review in Connection with Facility Move<\/b> \u2013 As part of the relocation to Sunnyvale, Knightscope is conducting a comprehensive review of inventory, manufacturing processes, and legacy systems. This review is expected to result in non-cash write-offs of obsolete or excess inventory in future periods, potentially impacting gross margins in the near term.\n<\/li>\n<li><b>Recurring Revenue Growth<\/b> \u2013 Service revenue rose 7% year-over-year in Q2, supported by increased deployments within the Company\u2019s top client accounts.\n<\/li>\n<li><b>Innovation Investment<\/b> \u2013 Continued strategic R&amp;D investment in the upcoming K7 platform, autonomy, AI-powered analytics and a new generation of products.\n<\/li>\n<\/ul>\n<p><b>Management Commentary<\/b><\/p>\n<p>\n\u201cOur second quarter reflects both the challenges and progress in executing Knightscope\u2019s growth strategy,\u201d said William Santana Li, Chairman and CEO. \u201cWhile supply chain constraints impacted ECD deliveries, our recurring ASR service revenue continues to grow, and our move into a larger, state-of-the-art facility positions us to scale more efficiently. We remain committed to disciplined cost management, operational improvements, and product innovation to drive long-term shareholder value.\u201d<\/p>\n<p><b>Near Term Outlook<\/b><\/p>\n<p>\nKnightscope expects near-term results to reflect continued investment in R&amp;D, relocation and ramp-up costs associated with the Sunnyvale facility, and potential non-cash inventory write-offs from the inventory review. The Company continues to actively manage its liquidity position and is positioning itself for both organic and inorganic growth.<\/p>\n<p><b>About Knightscope<\/b><\/p>\n<p>\nKnightscope is transforming public safety with cutting-edge robotics and AI technologies. From autonomous security robots to advanced detection systems, Knightscope is committed to building safer communities where you live, work, study and visit. Our long-term ambition is bold but simple: to make the United States of America the safest country in the world. Learn more about us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=54307301&amp;newsitemid=20250813257570&amp;lan=en-US&amp;anchor=www.knightscope.com&amp;index=2&amp;md5=3025563cba6b79f1fba9502a9fc2e0c8\">www.knightscope.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as &#8220;should,&#8221; &#8220;may,&#8221; &#8220;intends,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;forecasts,&#8221; &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;proposes&#8221; and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company\u2019s goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading &#8220;Risk Factors&#8221; in Knightscope\u2019s Annual Report on Form 10-K for the year ended December 31, 2024, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250813257570r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250813257570\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250813257570\/en\/<\/a><\/span><\/p>\n<p><b><i>Public Relations<br \/>\n<\/i><\/b><br \/><i><a rel=\"nofollow\" href=\"mailto:overwatch@knightscope.com\">overwatch@knightscope.com<\/a><\/i><br \/><i>Knightscope, Inc.<br \/>\n<\/i><br \/><b><i>(650) 924-1025 ext. 6<\/i><\/b><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Security Robotics Technology Artificial Intelligence Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250813257570\/en\/758834\/3\/KI-Logo-Horizontal-Blue-Dark.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Knightscope Reports Second Quarter 2025 Financial Results Paid Off $3 Million Senior Secured Promissory Note SUNNYVALE, Calif.&#8211;(BUSINESS WIRE)&#8211;Knightscope, Inc. (NASDAQ: KSCP), a leader in autonomous security robots and emergency communication devices, today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Revenue of $2.7 million, compared to $3.2 million in Q2 2024, reflecting higher ASR service revenue offset by lower ECD product revenue due to component shortages. Gross loss of $0.9 million, compared to $0.6 million in Q2 2024. Gross margin declined primarily due to lower ECD volumes. Operating expenses decreased 14% year-over-year to $5.4 million, driven by lower general and administrative costs and reduced sales and marketing spend. Net loss of $6.3 million, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Knightscope Reports Second Quarter 2025 Financial Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-875029","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Knightscope Reports Second Quarter 2025 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Knightscope Reports Second Quarter 2025 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Knightscope Reports Second Quarter 2025 Financial Results Paid Off $3 Million Senior Secured Promissory Note SUNNYVALE, Calif.&#8211;(BUSINESS WIRE)&#8211;Knightscope, Inc. (NASDAQ: KSCP), a leader in autonomous security robots and emergency communication devices, today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Revenue of $2.7 million, compared to $3.2 million in Q2 2024, reflecting higher ASR service revenue offset by lower ECD product revenue due to component shortages. Gross loss of $0.9 million, compared to $0.6 million in Q2 2024. Gross margin declined primarily due to lower ECD volumes. Operating expenses decreased 14% year-over-year to $5.4 million, driven by lower general and administrative costs and reduced sales and marketing spend. 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(NASDAQ: KSCP), a leader in autonomous security robots and emergency communication devices, today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Revenue of $2.7 million, compared to $3.2 million in Q2 2024, reflecting higher ASR service revenue offset by lower ECD product revenue due to component shortages. Gross loss of $0.9 million, compared to $0.6 million in Q2 2024. Gross margin declined primarily due to lower ECD volumes. Operating expenses decreased 14% year-over-year to $5.4 million, driven by lower general and administrative costs and reduced sales and marketing spend. Net loss of $6.3 million, &hellip; Continue reading \"Knightscope Reports Second Quarter 2025 Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-13T12:03:28+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250813257570r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Knightscope Reports Second Quarter 2025 Financial Results","datePublished":"2025-08-13T12:03:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/"},"wordCount":788,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250813257570r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-reports-second-quarter-2025-financial-results\/","name":"Knightscope Reports Second Quarter 2025 Financial Results - 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