Company: AIBT
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001096906-25-000487
Chunk: 25

Company: AIBOTICS, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 15
Chunk 25
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ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a)The following financial statements are filed as part of this report:  

22

INDEX TO FINANCIAL STATEMENTS

AIBOTICS, INC. FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm
F-1

Consolidated Balance Sheets as of December 31, 2024 and 2023
F-3

Consolidated Statements of Operations for the Years Ended December 31, 2024 and 2023
F-4

Consolidated Statement of Mezzanine Equity and Stockholders’ Deficit for the Years Ended December 31, 2024 and 2023
F-5

Consolidated Statements of Cash Flows for the Years Ended December 31, 2024 and 2023
F-6

Notes to Consolidated Financial Statements
F-7

23

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of AiBotics, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of AiBotics, Inc. (“the Company”) as of December 31, 2024 and 2023, and the related consolidated statements of operations, statements of mezzanine equity and stockholders’ deficit, and cash flows for each of the years in the two-year period ended December 31, 2024, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023 and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has generated no revenues, experienced negative operating cash flows, and has incurred operating losses since inception. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements