The company has not filed an annual or quarterly report since its Q1 FY2023 10-Q, filed May 11, 2023. Its latest SEC filing is a 15-12G from Jul 31, 2023.
10-Q for Q1 FY2023, filed May 11, 2023
The sections below describe the company as of the FY2022 annual report.
Sold AI-enabled robotic solutions that automated ecommerce fulfillment, retail and grocery replenishment, and package handling for retailers, ecommerce businesses, and logistics companies.
10-K for FY2022, filed Mar 29, 2023
Customers paid for robotic fulfillment systems through contract milestones, typically from signing through delivery, installation and testing, and system acceptance. They also bought spare parts and pilot agreements, while maintenance and extended support were provided over the service period.
10-K for FY2022, filed Mar 29, 2023The Company primarily derives its revenue from selling robotic fulfillment systems, which consist of a network of automated machinery…View ↗
Each customer contract is evaluated individually to determine the appropriate pattern of revenue recognition. Contracts that are recognized…View ↗
Other performance obligations recognized at a point in time include the sale and delivery of spare parts and pilot agreements. Pilot…View ↗
Other performance obligations recognized over time include, but are not limited to, maintenance, extended support, and research services.…View ↗
Payment terms offered to customers are defined in contracts and do not include a significant financing component. Payment milestones…View ↗
$65.9M
10-K for FY2022, filed Mar 29, 2023
$65.9M ↗
Its customers included large retailers and logistics companies, along with medium-sized businesses in ecommerce, grocery, package handling, and third-party logistics. It pursued customers through direct sales and strategic partnerships.
10-K for FY2022, filed Mar 29, 2023Our customers include some of the largest retailers and logistics companies in the world and include Walmart, Target, TJX and FedEx. We…View ↗
Our go-to market strategy consists of expanding our relationships with our strategic customers, securing new customers through direct sales…View ↗
We intend to pursue strategic partnerships with systems integrators, companies with complimentary technologies, software providers…View ↗
No. It lost $102.8M in FY2022.
10-K for FY2022, filed Mar 29, 2023
10-Q for Q1 FY2023, filed May 11, 2023
−$36.5MView ↗
8-K, filed Jul 20, 2023
Each share of Class A common stock, par value $0.0001, and Class C common stock, par value $0.0001, of the Company (together, the “Company…View ↗
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