AIBOTICS, INC.

Previous wording

For the three months ended March 31, 2025 and 2024 we had a net loss of $591,397 and $425,942, respectively.

Current wording

For the three months ended June 30, 2025 and 2024 we had a net loss of $486,149 and $470,675, respectively.

Previous wording

We did have revenue and cost of revenue from operations for the three months ended March 31, 2025, of $2,183, as compared to $0 revenue and cost of revenue from operations for the three months ended March 31, 2024.

Current wording

We did have revenue and cost of revenue from operations for the six months ended June 30, 2025, of $2,183, as compared to $0 revenue and cost of revenue from operations for the six months ended June 30, 2024.

Previous wording

Liquidity is the ability of an enterprise to generate adequate amounts of cash to meet its needs for cash requirements. As of March 31, 2025, we had $156,737 in cash and cash equivalents compared to $185,097 at December 31, 2024, a decrease of $28,360 resulting primarily from cash used in our operations. As of March 31, 2025, we had undiscounted obligations in the amount of approximately $1.1 million relating to the payment of indebtedness due within one year.

Current wording

Liquidity refers to a company’s ability to generate sufficient cash to meet its short-term financial obligations. As of June 30, 2025, we had $242,179 in cash and cash equivalents, compared to $185,097 as of December 31, 2024, representing an increase of $57,082. This increase was primarily driven by cash used in operations. As of June 30, 2025, we had undiscounted obligations of approximately $1.3 million related to indebtedness due within one year.

Previous wording

As of March 31, 2025, we had a working capital deficiency of $4,944,635 down from a working capital deficiency of $4,666,666 as of December 31, 2024. At March 31, 2025 our current assets were $156,737 and consisted almost entirely of cash. At March 31, 2025 our current liabilities were $5,101,372 and consisted predominantly of related party accrued expenses, convertible notes payable, and shares to be issued. We had an accumulated deficit of $11,400,653 as of March 31, 2025, an increase from an accumulated deficit of $10,809,256 as of December 31, 2024.

Current wording

As of June 30, 2025, we had a working capital deficiency of $5,149,741 as of June 30, 2025, compared to a deficiency of $4,666,666 as of December 31, 2024. Our current assets totaled $242,179, consisting almost entirely of cash. Current liabilities totaled $5,391,920, primarily comprised of related party accrued expenses, convertible notes payable, and shares to be issued. As of June 30, 2025, we had an accumulated deficit of $11,831,802, up from $10,809,256 as of December 31, 2024, reflecting continued operating losses.

Previous wording

Our monthly operating costs averaged approximately $10,000 per month for the three months ended March 31, 2025, excluding capital expenditures. We did not have capital expenditures during the three months ended March 31, 2025. We plan to fund our operations with our cash on hand and additional financing.

Current wording

Our monthly operating costs averaged approximately $10,000 per month for the six months ended June 30, 2025, excluding capital expenditure. We did not have capital expenditures during the six months ended June 30, 2025. We plan to fund our operations with our cash on hand and additional financing.

Previous wording

Operating activities used net cash of $28,360 for the three months ended March 31, 2025, as compared to using net cash of $73,709 for the three months ended March 31, 2024. For the three months ended March 31, 2025, cash used in operating activities was primarily driven by our net loss of $591,397; offset primarily by amortization expense, the increase in related party accrued expenses, the increase in accrued interest, and the increase in accounts payable and accrued expenses. For the three months ended March 31, 2024, cash used in operating activities was primarily driven by our net loss of $425,942; offset primarily by the amortization of debt discounts, and the increase in related party and non-related party accrued expenses.

Current wording

Operating activities used net cash of $192,918 for the six months ended June 30, 2025, as compared to using net cash of $164,229 for the six months ended June 30, 2024. For the six months ended June 30, 2025, cash used in operating activities was primarily driven by our net loss of $1,077,546; offset primarily by amortization expense of approximately $328,000, the gain recognized on common stock issued to settle liability of approximately $55,000, the increase in related party accrued expenses of approximately $94,000, the increase in accrued interest of approximately $60,038, and the increase in accounts payable and accrued expenses of approximately $344,739. For the six months ended June 30, 2024, cash used in operating activities was primarily driven by our net loss of $896,617; offset primarily by the amortization of debt discounts of approximately $332,000, and the increase in related party and non-related party accrued interest of approximately $279,000, and the increase in accounts payable and accrued expenses of approximately $112,000.

Previous wording

Investing activities used net cash of $0 for the three months ended March 31, 2025, and 2024. Financing activities produced cash flows of $0 and $165,000 for the three months ended March 31, 2025, and 2024, respectively. We did not pay any cash for interest or for income taxes during the three months ended March 31, 2025 and 2024.

Current wording

Investing activities used net cash of $0 for the six months ended June 30, 2025, and 2024.

Previous wording

For the three months ended March 31, 2025, the Company incurred a net loss of $591,397, had negative cash flows from operations of $28,360 and may incur additional future losses. At March 31, 2025, the Company had total current assets of $156,737 and total current liabilities of $5,101,372, resulting in a working capital deficit of $4,944,635. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of time within one year after that date that the consolidated financial statements are issued.

Current wording

For the six months ended June 30, 2025, the Company incurred a net loss of $1,077,546, had negative cash flows from operations of $192,918 and may incur additional future losses. At June 30, 2025, the Company had total current assets of $242,179 and total current liabilities of $5,393,920, resulting in a working capital deficit of $5,151,741. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of time within one year after that date that the consolidated financial statements are issued.