Charging Robotics Inc. Reports $1.0 Million Net Loss for Six Months Ending June 30, 2026

Charging Robotics Inc. reported its financial results for the six months ending June 30, 2026, revealing a net loss of $1.0 million, a significant decline from a net income of $696,000 during the same period in 2025. The company’s total operating expenses increased to $1.1 million, compared to $482,000 in the prior year, primarily driven by higher research and development costs, which rose to $402,000 from $145,000. The basic and diluted loss per share was $0.08, compared to earnings of $0.07 per share in the previous year.

The company’s total assets decreased to $8.8 million as of June 30, 2026, down from $9.1 million at the end of 2025. This decline was attributed to a reduction in cash reserves, which fell to $10,000 from $58,000, and an increase in current liabilities, which rose to $3.3 million from $2.3 million. The accumulated deficit also widened to $4.2 million from $3.3 million, reflecting ongoing operational challenges and increased expenditures.

Strategically, Charging Robotics has focused on expanding its technological capabilities and market presence. The company continues to develop its wireless electric vehicle (EV) charging technology through its subsidiary, Charging Robotics Ltd. Notably, the company received funding approval from the Israel Innovation Authority for a pilot project aimed at demonstrating its wireless charging solution in automated parking systems, with a total budget of approximately $445,000. As of June 30, 2026, the company had received $166,000 from this initiative.

Operationally, the company has maintained its employee headcount at 11,246,252 shares outstanding, consistent with the previous year. The company’s market activities include a recent acquisition of a controlling interest in Revoltz Ltd., which has positioned Charging Robotics to leverage synergies in the micro-mobility vehicle sector. The company now holds 51.07% of Revoltz, enhancing its portfolio in the urban mobility market.

Looking ahead, Charging Robotics anticipates continued operating losses as it invests in research and development to drive future growth. Management has indicated plans to raise additional capital to support its operations and strategic initiatives, although the timing and success of these efforts remain uncertain. The company’s ability to navigate the current market conditions and geopolitical landscape will be critical to its future performance and operational stability.