Knightscope Inc. - 2025年季度报告

Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)ofthe Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrantwas required to file such reports), and (2)has been subject to such filing requirements for the past 90days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required tobe submitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,”“accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). As of May 9, 2025, there were6,564,466shares of the registrant’s Class A Common Stock outstanding and336,759shares of the registrant’s Class B Common Stock outstanding. TABLE OF CONTENTS ePart IFinancial Information5 Item 1.Financial Statements Condensed Balance Sheets as of March 31,2025 and December31,2024(Unaudited)Condensed Statements of Operations for the three months ended March 31, 2025and 2024 (Unaudited)Condensed Statements of Preferred Stock and Stockholders’ Equity (Deficit) for thethree months ended March 31, 2025 and 2024 (Unaudited)Condensed Statements of Cash Flows for the three months ended March 31, 2025and 2024 (Unaudited)Notes to Condensed Financial Statements (Unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results ofOperationsItem 3.Quantitative and Qualitative Disclosures about Market RiskItem 4.Controls and ProceduresPart IIOther InformationItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures Cautionary Noteon Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of thePrivate Securities Litigation Reform Act of 1995. We intend such forward-looking statements to becovered by the safe harbor provisions for forward-looking statements contained in Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities ExchangeAct of 1934, as amended (the “Exchange Act”). All statements contained in this Quarterly Report onForm 10-Q other than statements of historical fact, including statements regarding our future operatingresults and financial position, including profitability, our business strategy and plans, market growth,product and service releases, the status of product development, compliance with applicable listing Forward-looking statements contained in this Quarterly Report on Form 10-Q include, but are notlimited to, statements about: ●The success of our products, which will require significant capital resources andyears ofdevelopment efforts;●Our deployments and market acceptance of our products;●Our ability to protect our intellectual property and to develop, maintain and enhance a strongbrand; ●Our limited operating history by which performance can be gauged; ●Our ability to continue as a going concern; ●Our ability to comply with all applicable listing requirements or standards of The NasdaqCapital Market; ●Our ability to operate and collect digital information on behalf of our clients, which is dependenton the privacy laws of jurisdictions in which our Autonomous Security Robots (“ASR”) andEmergency Communication Devices (“ECD”) operate, as well as the corporate policies of our ●Our ability to raise capital; and ●Our ability to manage our research, development, expansion, growth, and operating expenses. We have based these forward-looking statements on our current expectations and projections aboutfuture events and trends that we believe may affect our financial condition, results of operations,business strategy, short-term and long-term business operations and objectives, and financial needs. ●We have not yet generated any profits or significant revenues, anticipate that we will incurcontinued losses for the foreseeable future, and may never achieve profitability.●The report of our independent registered public accounting firm expresses substantial doubtabout our ability to continue as a going concern, and we may not be able to continue tooperate the business if we are not successful in securing additional funding. ●We are subject to potential