Richtech Robotics posts restated Q1 net loss of $10.15 million
RR•Restated quarterly results and accounting issues
Richtech Robotics filed a restated Form 10-Q/A for the quarter ended Dec. 31, 2025, revising prior-period financials through Sept. 30, 2025.
The audit committee determined on June 9, 2026 that affected financial statements for fiscal 2024 through Dec. 31, 2025 should not be relied upon.
The restatement centered on warrant accounting, stock-based compensation, SEPA-related transactions, revenue timing, inventory costing, depreciation classification, and intangible asset amortization lives.
Quarterly net loss was $10.15 million, or $0.05 per share, versus a $29.57 million loss, or $0.31 per share, a year earlier.
Dec. 31, 2025 cash and cash equivalents were $138.02 million; short-term investments were $190.47 million; warrant liability was $4.13 million.
