Knightscope doubles revenue to $6M via Event Risk acquisition, but cash burn jumps 82%

Filed May 15, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 14, 2025 · ~2 min read

Key Changes

• high

  Acquired Event Risk for $18M on Feb 27, adding $2.4M in security guarding revenue and pivoting from robotics provider to 'Autonomous Security Force' combining machines and human agents. Recorded $7.7M goodwill and $15.5M customer intangibles.

  MD&A: Event Risk acquisition verify on EDGAR →
• high

  Operating cash burn surged from $6.4M to $11.6M quarter-over-quarter despite revenue doubling. Cash fell from $20.6M to $11.4M. Going concern persists with accumulated deficit now $237.3M.

  MD&A: Cash burn and going concern verify on EDGAR →
• high

  Achieved first positive gross margin of 8% versus (23%) loss prior year, driven by Security Force's different cost structure. Net loss still widened from $6.9M to $10.3M on higher R&D and SG&A.

  MD&A: Gross margin verify on EDGAR →