Realbotix (XBOT.F) Q4 2025 earnings summary

Executive summary

• Revenue surged 121% year-over-year to $2.0 million, driven by the first full year of the Simulacra acquisition and a strategic pivot to AI software and robotics hardware.

• Net loss from continuing operations improved to $6.3 million from $12.5 million, reflecting normalization of one-time items.

• Discontinued cryptocurrency and staking business, realizing $9.4 million in cash proceeds and $4.0 million in gains.

• Successfully placed robots in public locations and secured enterprise clients, including Ericsson and The FUTR Corporation.

• Announced a reverse take-over transaction with a NASDAQ-listed entity, aiming to own 75-90% of the resulting company.

Financial highlights

• Gross margin improved to 34.3% from 19.8% year-over-year due to operational efficiencies.

• Operating expenses rose to $6.9 million from $3.8 million, including $1.4 million in non-cash share-based compensation.

• As of March 6, 2026, cash and cash receivables total approximately $8.6 million, with a monthly cash burn of $425,000.

Outlook and guidance

• Management expects to expand monthly cash burn if visible returns on capital are identified.

• Over 12 months of capital runway at current operating budget.

• Transition to a NASDAQ-listed vehicle is anticipated to broaden investor base and support commercialization and scale.