Knightscope Layoffs, To Cut Workforce 20% As It Pursues Profitability
Knightscope has excelled at least at one thing - burning cash, e.g. Knightscope Robots 'In Network' Decline While Accumulated Deficit Grows To $92.3 million. The deficit is now significantly over $100 million.
Their stock price is now under $2, (background - Knightscope Goes Public, Plunges, Then Rockets, Then Falls) plus investors have become far more concerned with the market downturn.
** ***** ** ****,***********'* **** ****** ********* *****:
*********** *** ****** ** ************ *** operations *** *********** *** ******** ********* with * ********* ** ************* **%. Planned ******* ****** *** ***** ******* of **** ******* ********* ********* ********** and ************* ** *** ******* ********** through *** ******* ************ **** *** designed ** ******* *** ******* ******* of *** *******.
**** ******* *** ** ***********'* **** sensible ***** -*********** ******** **** ********* *******.
***** **** *** **** ** *** company's **** ** ****** ********** ** the **** * ***** ("*** ******* committed ** ******* ** ******* ************* within ** ******").
**** *** ******* ****. ****'* *** is **** *********** *** ***** *** this ***-*** *********** ***** ** **** selling **** ** ********* ** ****** though **** ***** **** ******/******/******* **** than *** *****. **** ** **** get ** ************* ** ******* ***, it ***** **** *** ******** ** whether **** *** **** ******* **** will *** ** *** ****** **** have **** ********* *** *****.
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*******, ******. ***, *** *** *****, from******, *** ****, ***** ** **** work ***** ** * ***** ********* over ***********, *** ******'* ********* ***** claims:
****** ** **** ** ***********'* ****, sort ** *******...
***, *** *** ******** ***** ******* we **** **** ***** *** **** so *** ******** ******** ** "******* *** ***" (Profile)
**&* ********* **** **** **** ******** their ****** ** ****** * ****, but **** **** ******** ****, *** complaints ******* *** **** ******** **** at *** ********.
*********: ******* ******* **&* ******* *********** Order *** ******** ******
*** ***** ******** ***** ********** ** Is ******** **********
**** *** ***** **** *** ******** built ** ******* *** **** ** get ***** **** ********* *** **** just **** *** **** **** ***** it **** ***. * **** ***** them **** *****, **** ***** **** possibly **********, "****, ** ***** *** up ******* *** *** ******** ***** successful, *** ** ** **** **** better". *** ** ***** *** ** William **'* ***** **** ***** **** has ****** ***** **** ********* *** government ********.*** ****** ******.
*** **** *********** ***** ** ***** play ** ***** *** *** ***** side ** *** ******** *** * "real" ********, *** ***** ** ***** off ******** ******** *** ******** **************. Who *****. **** *'* ****** **** of *** **, ***** ***** *** be * ***** ** *** ****** for ***** ******, ** ***'* ** Knightscope ****** *** ******** ***** ****** intended ** **.
** *** *** ****** **** "**'* not * *** ** *** ******* it".
* ***'* **** ***********'* *** *** that's *** ********** * *** ** that ** ****** ******** ** *** his ****** *** ********* ****** **** his ******* ** *******.
*** ********** * *** ** **** he ****** ******** **
*** ********** * *** ** *** exact ********.
***, **+**** *** ******** ******* ******* 'potential ****' ******* ********************** *********. ****'** **** ** ****** (as *** ********), *** ***** ** now - *** **** ******** ** it ***** ** **** ** **** continue ** **** ********* *** ******.
| 01/10/23 08:50pm
*'* **** ***.
** **** ***** ***** ** ** way, **** ** ** ** ******** on *** ***********, **** ** *** actually ******* **** ***** ****** ******, or *** ******* ** *******, *** any **** ** *********. **'* ****** through *** **** **** **** ** results, *** ****** ** **** *** serious ******** ***** ****** * ******. He ***** ** * ******* **** to ***** ***** ** * ********** option ****.
01/10/23 08:11pm
* ***** *** ********* *** **** realistic ******** ** "*********** ****** ** cut ***** *** ******* *****, ***** it ** ****** *** *************".
***** *** **** **** ***** *********** posted * ***** ***:
** ******** **** ******* ******* **** of *********** ****** ******* *** ** a **********:
** *** **** ***, ** ******* a ***** ********** ** **** **** about *** ***** ***** "*********** ** nature", *'** ***** * ****** *********** to ** ***** **'* ** **** to ***:
| 01/11/23 01:17pm
***, *** *** ** **** ****** position **** *** **** ** **** Benzinga ** ********* ******** ******?
****'* *********. ** ***** ******* **** the ***** ******* *** "**** *** to ** ** ***********". **** * thought, "***** ***? ***** **** * lot *** ********* ***** ** ** Trevor ****** *** ****** ******".
* ***** ** *** ******, *****'* plenty ** ****** *** ***'* ******* to **** *** ***** *********** ** promote ********.
****** ******* *** ** * ********** makes ** *****. ****'** ** *** law ***********/******** ***** ******, *** ********. You ******'* ****** * *********** ***** in * ****** *********. **** ** it ******** ** **? **** * picture? ***** * ***** *** **** people ** **** ********?
****, *** ***** ****** **** **** out ** * ********** **** ****? If *** **** *****, *** *** see *** **** *** ** *** right ********* ********** ** ***** ** get ***. **** ******, *** ****** front *** ***** ** **** ******. I ***** *** ***-****** ***** ** the **** *** **** ***** ******** do **.
*** *** ****** ***** **** *** actually *****.
**** ********* ** **** **** * years ***, *.*., **** **** **** video:
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******* - ******** ******** ****** ****** a **** ***** ******, *********** **** face ******** *********** ** *** ****** and **** ***** **** ** ****** to ***** *************.
** ***,*** ********* ******** ***** **** ****** ******** "with *********** ***************** ******** *** **** 2023." *********** ********** **** ****** ********* ****** ** "********** *** *** ***** ********".
*********** ******** ************ ******* **/* **********, evidence ******* ** "************ ** ************ personnel", *** ******** ***** **** *******. The ******** *** ******* ** ***********'* main *******,*** **.