Charging Robotics Inc. has reported significant financial developments in its latest 10-K filing for the fiscal year ending December 31, 2025. The company, which specializes in wireless charging systems for electric vehicles (EVs), recorded a net loss of approximately $3.3 million, an increase from a loss of $2.9 million in the previous year. The total revenue for the year remained negligible, as the company has not yet generated significant sales from its products. Operating expenses rose sharply to $1.9 million, up from $777,000 in 2024, primarily due to increased research and development costs and higher general and administrative expenses associated with its planned uplisting to the Nasdaq Capital Market.
In terms of strategic developments, Charging Robotics completed the acquisition of a majority stake in Revoltz Ltd., a company focused on micro-mobility vehicles, in June 2025. This acquisition was part of a broader strategy to enhance its product offerings and market presence. The company also received initial orders for its wireless charging systems from three different automatic parking facility suppliers in Israel, including Electra Parking Solutions and Parkomot. The average selling price for these systems is approximately $3,000, and the company is currently awaiting the completion of the parking facilities to finalize installations.
Operationally, Charging Robotics has made strides in expanding its customer base and product adoption. The company has received orders for a total of 15 wireless charging systems, with installations expected to begin as parking facilities become operational. As of December 31, 2025, the company reported a total of 11,246,252 shares outstanding, reflecting its capital-raising efforts through private placements, which generated approximately $306,000 during the year. The company’s total assets increased significantly to $9.1 million, largely due to the consolidation of Revoltz's financials.
Looking ahead, Charging Robotics faces challenges related to its liquidity and capital requirements. The company reported a negative working capital of $2 million and indicated that it will need to raise additional capital to fund its operations and growth initiatives. The management has expressed substantial doubt about the company's ability to continue as a going concern without securing further financing. The company is actively pursuing additional funding options, including a recent private placement expected to raise around $2 million, contingent upon its uplisting to a national securities exchange.
In summary, while Charging Robotics has made notable progress in its strategic initiatives and operational metrics, it continues to grapple with financial losses and liquidity challenges. The company’s future performance will depend on its ability to successfully commercialize its products, secure additional funding, and navigate the evolving market landscape for EV charging solutions.
About Charging Robotics Inc.
Charging Robotics develops wireless charging systems for electric vehicles, focusing on robotic parking solutions that enable automatic, cable-free EV charging in inaccessible or automated parking environments. Its core technology uses resonance induction coils for efficient power transfer, targeting the EV and automated parking markets. The company aims to provide scalable, innovative, and user-friendly wireless charging solutions, leveraging partnerships, intellectual property, and a focus on niche markets like accessible charging.
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