Knightscope, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
KSCP$0.39-7.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance sheets as of December 31, 2024 and 2023
BALANCE SHEETS
(In thousands, except share and per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, | ||||||
| · 2024 · 2023 | ||||||
| · · · · · | ||||||
| ASSETS | | | | | | |
| Current assets: · · | ||||||
| Cash and cash equivalents | | $11,124 | | $2,282 | ||
| Restricted cash | | 102 | | 100 | ||
| Accounts receivable, net of allowance for credit losses of $139 and $15 as of December 31, 2024 and 2023, respectively | | 1,731 | | 2,090 | ||
| Inventory | | | 1,797 | | | 2,320 |
| Prepaid expenses and other current assets | | 345 | | 1,421 | ||
| Total current assets | | 15,099 | | 8,213 | ||
| Autonomous Security Robots, net | | 8,765 | | 8,845 | ||
| Property, equipment and software, net | | 661 | | 857 | ||
| Operating lease right-of-use-assets | | 407 | | 1,458 | ||
| Goodwill | | | 1,922 | | | 1,922 |
| Intangible assets, net | | | 1,241 | | | 1,557 |
| Other assets | | 90 | | 122 | ||
| Total assets | | $28,185 | | $22,974 | ||
| | | | | | | |
| LIABILITIES, PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) | | | ||||
| Current liabilities: | | | ||||
| Accounts payable | | $2,812 | | $1,858 | ||
| Accrued expenses | | 734 | | 1,155 | ||
| Deferred revenue | | 1,883 | | 1,741 | ||
| Operating lease liabilities, current | | 412 | | 733 | ||
| Debt obligations, current | | | 1,364 | | | — |
| Other current liabilities | | 1,060 | | 1,459 | ||
| Total current liabilities | | 8,265 | | 6,946 | ||
| | | | | | | |
| Non-current liabilities: | | | ||||
| Debt obligations, net of debt issuance costs of $316 and $194 as of December 31, 2024 and 2023, respectively | | 3,952 | | 1,242 | ||
| Preferred stock warrant liability | | — | | 5,976 | ||
| Derivative liability | | | — | | | 271 |
| Other noncurrent liabilities | | | 187 | | | 259 |
| Operating lease liabilities, noncurrent | | — | | 711 | ||
| Total liabilities | | 12,404 | | 15,405 | ||
| | | | ||||
| Commitments and contingencies (Note 9) | | | | | | |
| | | | | | | |
| Preferred Stock, $0.001 par value; 40,000,000 and 43,405,324 shares authorized as of December 31, 2024 and 2023, 0 and 189,982 shares issued and outstanding as of December 31, 2024 and 2023, respectively; aggregate liquidation preference of $0 and $35,361 as of December 31, 2024 and 2023 respectively (1) | | — | | 34,203 | ||
| | | | | | | |
| Stockholders’ equity (deficit) (1): | | | ||||
| Class A Common Stock, $0.001 par, 228,000,000 and 114,000,000 shares authorized as of December 31, 2024 and 2023, 4,065,347 and 1,603,772 shares issued and outstanding as of December 31, 2024 and 2023, respectively | | 4 | | 2 | ||
| Class B Common Stock, $0.001 par, 30,000,000 shares authorized as of December 31, 2024 and 2023, 336,759 and 187,156 shares issued and outstanding as of December 31, 2024 and 2023 | | — | | — | ||
| Additional paid-in capital | | 208,969 | | 134,822 | ||
| Accumulated deficit | | (193,192) | | (161,458) | ||
| Total stockholders’ equity (deficit) | | 15,781 | | (26,634) | ||
| Total liabilities, preferred stock and stockholders’ equity (deficit) | | $28,185 | | $22,974 | ||
| (1) | Share amounts as of December 31, 2023 have been adjusted to reflect the impact of a 1-for-50 reverse stock split of the Company’s common stock effected in September 2024 as discussed in Note 1. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.