NASDAQ: MBOT Microbot Medical Inc. 10-K

Microbot Medical exits clinical stage with FDA clearance, doubles headcount for commercial launch

Filed March 26, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 25, 2025 · ~1 min read

Key Changes

  • high

    FDA granted 510(k) clearance for LIBERTY robotic surgical system in September 2025; limited market release began November 2025 with first hospital adoptions at Emory and Tampa General; full commercial launch planned April 2026.

    Business: FDA clearance and market release verify on EDGAR →
  • high

    Company raised $93 million in 2025, more than doubling cumulative capital to $168 million; working capital surged from $3.4 million to $76.4 million, providing substantial runway for commercialization.

    MD&A: Capital raised and working capital verify on EDGAR →
  • high

    Headcount doubled from 21 to 43 employees, with U.S.-based staff expanding from 6 to 24 to support commercial operations; SG&A expenses rose $3.5 million (70%) driven by sales/marketing hires and commercialization activities.

    Business: Employee headcount / MD&A: SG&A expenses verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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