Knightscope Sells Just 1 Net New Robot In 6 Months

By: John Honovich, Published on Oct 04, 2019

For the first half of 2019, US government records show that Knightscope has sold just 1 net new robots ('machines-in-network'), inching up from 52 to 53 total.

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Inside this note, we examine the financials, the challenges Knightscope faces and Knightscope CEO's admonishment to 'All the haters'.

*** *** ***** **** of ****, ** ********** records **** **** *********** has **** **** * net *** ****** ('********-**-*******'), inching ** **** ** to ** *****.

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****** **** ****, ** examine *** **********, *** challenges *********** ***** *** Knightscope ***'* ************ ** 'All *** ******'.

[***************]

**************'* **** *-** / H1 ******* **** ******* / source.

Poor ***** ******

**** *** **** ****, Knightscope *** ***** ********* and, ** *** **** 6 ******, **** * more ***** ** *******:

Knightscope Sales Growth (Or Lack Thereof)

**** *** ********* ** their ****-************ *-** ********* ********* ** ******, *** ********:

** ** ******** **, 2018, ** *** ** customers *** ** ********-**-*******. This ******** ** ** customers *** ** ********-**-******* at ******** **, ****.

** ** **** **, 2019, ** *** ** customers *** ** ********-**-*******. This ******** ** ** customers *** ** ********-**-******* as ** **** **, 2018.

Far *** **** ***********

** *** *** ** 2016, *********** *** ****** to **** *,***+ ****** in ******* ** **** yet ******* ******* *** year, **** *** **** at **:

Loss $**,***,*** ** ** ******

******* *** **** ******, the *******'* **** **** operations **** *** **** 18 ****** ** **** under $** ******* (**** loss **** ********** $**,***,*** + **** ** **** from ********** $*,***,***).

*** ******* ** ****** ~$1 ******* * ***** while ********** ** **** even ******** **** ******.

Less **** ******* **** ** ****

*** *******'* ********* *** solvency *** ** ****, as *** ******* ************:

** ** **** **, 2019, *** ******* **** had **accumulated ******* ** ************* $**.* *******, negative working capital of $2.4 million and stockholders’ deficit of $40.8 million. These factors raise substantial ***** ********* *** ******* ** ******** as a going concern... As of September 23, 2019, the Company had cash ** **** ** ************* $*.* *******. The Company has projected operating losses and negative cash flows of approximately $1 million per month for the next several months. [emphasis added]

Employees **** **% ** **** * ******

****** ***** **** *********** headcount ** **** **% in *** **** * months:

Retirement ***** **** ***********, **** ***********

***** *********** ** ********** to **** ******, **** have *************** ****** ** *** their ********** ***** **** Knightscope:

Haters, **** *********** ***

** *** **** ****, in * *** **** post, ***********'* *** **** aim ** *** '******'******:

*** *** ****** *** naysayers *** **** ***** every ****** *** ** Knightscope **** **** – but ** ************ **** we **** **** ********* times ** ***** *** do.

*** **** *** *********** 'accomplished'? **** **** ****** through $**+ ******* ** investor ***** ** ******* just ** ********* *** nearly **** ***** ***** while ****** ******** **** of **********.

*** ** **** **********, they **** ***** ** encourage ****** ** *** their ********** **** ***********.

** *********** *** ******** lots ** ********* ** buy/rent/lease ***** ******, ********** else **** **** ***, 'haters' ** ******. *** their *** ********** **** otherwise.

Comments (24)

** *** *********** **** their *******, ** ** a **** ***** **** didn't ***** ***** ******* projections *** ******** ******, or **** **** ***** have **** *** ** business ******** ****** ***-****.

** **** ****, **** can ** ***** ******** not ******* ****** *** not ******* ********* *** maybe ******* **** ** they *** ***** **** minimal *******, *** *** back **** ******** (****, anyone ***** *** ** "building ******").

*** ** *********** **** away, ** ** *** laughs:

*********** ****** ***** ******* To **** ****** ****** Violent *****

** ***** ** ***'* have ** ***** ***** robots ******** *** **** for * *****

*** *** **** ***** alive?

******* ** *** "****" looks **** ** *** taken **** **** * few **** ***

*** ***** **** ** it ***'* * ********* security *******. **** **** need ** ** ** move ** **** *** care ******** ******** ******* persons ***

* **** ** ***** out *** ***** **** on ***** ******* ** their ********* ** ***** on **** *******. *** facts *** *** ***** as ******* ** *** company ********** *** ***** articles, ** **** **** save ***** *** & pop ***** **** **** company. * ** *** CEO ** *** *******, Ocean ** ******** *** I ****** **** ****** trying ** ******* ******* funds **** * ******* that ** ********* ********. Shame ** **** ***

******* *** ** * think *** ********** ******** and ***** **** ***** tech **** *********** ***, may **** ***** ***** they **** *******. ** from **** *********** *** CEO *** ** ****** to **** **** *******, maybe ** *** **** other **** *** ***** he ** **** ********** in ******** ***** ** a ******** ****.

**** * ***** **** to **** ** *** are *** ** ********* and **** ******** *** they *****. **** ** their ******** ************ *****? This ***** *** * lot ***** *** *********, and ***** **** ***** non ****** **** ***** etc.

*** ******* **** **** however *********** *** **** other ***** *** *********** robot ********* ****** **** major ********* ** ***** and *********. ***** ** interactive ******** * **** that ***** ** * developing ****** **** *** be **********. **** * speak **** ***** " robot ****" **** ***'* seem ** ********** *** concept **** **** *** their ** ***** ***** Intelligence (**) ******* *** supporting **. **** **** think **** **** ** build * **** **** does **********. * **** many ************ **** *** be ***** ****** *** serviced ** * *****. Now **** **** - Knightscope ** * **** poor ****** ************ ********.

***** ********* ****** **** major ********* ** ***** and *********

*** *********** ***** **** was **** *************

***,***********'* *** *** ********, **** ***********'* *** being *** *********** *** now:

****** ********* ******** ** ***** Financial ******* ** ***********, Inc. (*** “*******”) ** of ******** **, ****. The ******* *** *** replaced ***. ****** ** of *** **** ** this ******. ******* ******* Li **** ****** *** responsibilities ** *** *******’* principal ********* ******* *** principal ********** ******* ***** a *********** ** *****.

****** ****** ** ****** at ***********.

**** ** * *** sign *** * ******* struggling *********** *** ****** to ***** **** *****.

*********** *** ******* *** blog **** ***** **** encouraged ****** ** *** their ********** ***** **** Knightscope *****. *******,*** **** ***** ****** it *** **'* ****.

**** ****** ****** **** released:*****://***.******/********/**********-**-******/

******** ** ******* **** down ** ** **** 53.

**** ** * ***** scheme **** ********* ****** from ****** ********* *** don't ** *** ********* to *** ******* ** the *******'* ****** *** just **** ***** *** pockets **** ******** ************.

***** **** **** **** money ****'** **** ** a ******* ********* ** campaign, ***** ******* *** a ****** *** *** them. **** *** ** this ****** ************ ******* of *** ****** ********** that **** ***** ** - *** ***** - retail ********* ***'* ****.

******* *** **** *** paying ********** $**** *** year. *** * *** hustle!

*** *** ***** **** they're *********? *****? *** payments? ****** (****** ******** and ************)? *** ***** that *****'* **** ** in ***** *** *******.

**** ****** **** *******. They ***** ** **** gun ********* *** ** didn't ****. ***** ****** don't **** *** ************* that *** ******** *** is ******* ***.

***** *** ** ********* and ***** ****** ** arrogant.

***** ****** **** **** a **** **** *** didn't **** **** * fight ***** *** ** a **** *** * bystander ***** ** ******* 911 *** *** *****.

*********** ** *** ***** to **** **....

**** ******* *** ** less **** *% **** over ****, ** **** $3 *******, ******** ** nearly $** ******* ** losses, ***, **** *** Knightscope:

IPVM Image

******, ** **********, *** not * *******, *** huge ****** **** **** zero ******* ****** **.

**** ******* *** ** less **** *% **** over ****, ** **** $3 *******...

****'** ****** ** ******* stock **** ******* ******.

*** **** ** *** 1 *** ***** **** accounting *** *** *% increase ** ******* - vs *** ***********?

*.*. *** ************ ******* robot ********* ** *** middle ** *****-**** *********?

***** ** ***** ******* how *** ********* *** ****?

*** ****** *** **** operating ******** + ******** perks ** ****** *** cronies *** ******* ****** the ***** ********** **** off *** ******.

*** ******** ***** *******.

***** **** *** * PPP ****?

********** ******* **** *** still ********. **** **** the ****** **** "******** Body ***********" ********* ************ and **** **** **** them *** ** ***** funk **** ****** ** appease ***** *********.

*** *** **** ** the ***** ** **** favorite ******** ********* (** an ******** ***** ***** point) *** *** ******** speakers **** ** ******* with * ******* ***** screaming "***** ** **** 2" **** ****** ** crashes **** *** ******* of ****** *****.

*** ******* ** - along **** **** ***** tech ********* - ***** this '***** ***' (**** video/audio/interactive *****, ***) ** try *** **** ******** with *** ******* ****** during *** **** **** due ** *****.

**** ***** ** **four **** according to this local video blogger from Chennai - *** **** *****

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