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SS Innovations International, Inc.

For the period ended Mar 31, 2025. Filed May 14, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 14, 2025

SSII$2.11+11.1%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31,2025

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number:000-56608

(Exact name of registrant as specified in its charter)

Florida47-3478854
(State or Other Jurisdiction of Incorporation or Organization)(I.R.S. Employer Identification No.)

405, 3 rd Floor, iLabs Info Technology Centre

Udyog Vihar, Phase III

Gurugram, Haryana 122016, India

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code:+91 73375 53469

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.0001 per shareSSIIThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files.)Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “accelerated filer”, “large accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer☐Accelerated Filer☐
Non-Accelerated Filer☒Smaller reporting company☒
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☒

There were 193,603,970 shares of common stock, $0.0001 par value of the Registrant issued and outstanding as of May 13, 2025.

Unless the context otherwise requires, the terms “SSi,” “the Company,” “we,” “us,” and “our” refer to SS Innovations International, Inc., and where appropriate, our subsidiaries.

TABLE OF CONTENTS

Page
PART I – FINANCIAL INFORMATION1
Item 1.Financial Statements1
Condensed Consolidated Balance Sheets as of March 31, 2025 (unaudited) and December 31, 20241
Condensed Consolidated Statements of Operations and Comprehensive Loss for the three months ended March 31, 2025 (unaudited) and March 31, 2024 (unaudited)2
Condensed Consolidated Statement of Changes in Equity for the three months ended March 31, 2025 (unaudited) and March 31, 2024 (unaudited)3
Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2025 (unaudited) and March 31, 2024 (unaudited)4
Notes to Condensed Consolidated Financial Statements (unaudited)5
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations32
Item 3.Quantitative and Qualitative Disclosures About Market Risk.37
Item 4.Controls and Procedures37
PART II - OTHER INFORMATION39
Item 1.Legal Proceedings39
Item 1A.Risk Factors.39
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds.39
Item 3.Defaults Upon Senior Securities.39
Item 4.Mine Safety Disclosures.39
Item 5.Other Information.39
Item 6.Exhibits40
SIGNATURES41

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