RBOT - Vicarious Surgical... Stock Analysis | Stock Taper
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Vicarious Surgical Inc.

RBOT

Vicarious Surgical Inc. OTC
$0.80 14.29% (+0.10)

Market Cap $4.53 M
52w High $13.75
52w Low $0.27
P/E -0.10
Volume 35.09K
Outstanding Shares 6.47M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $0 $9.91M $-10.52M 0% $-1.57 $-9.91M
Q3-2025 $0 $11.15M $-11.06M 0% $-1.86 $-10.71M
Q2-2025 $0 $13.52M $-13.21M 0% $-2.23 $-13.11M
Q1-2025 $0 $15.75M $-15.39M 0% $-2.6 $-15.38M
Q4-2024 $0 $14.44M $-13.93M 0% $-2.36 $-13.38M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $9.79M $19.58M $9.74M $9.84M
Q3-2025 $13.41M $29.35M $15.26M $14.09M
Q2-2025 $23.96M $40.89M $17.83M $23.06M
Q1-2025 $37.36M $55.05M $20.98M $34.08M
Q4-2024 $49.1M $67.72M $21.02M $46.7M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-10.52M $-9.31M $3.02M $5.69M $-595K $-9.32M
Q3-2025 $-11.06M $-10.42M $9.65M $25.91K $-746K $-10.54M
Q2-2025 $-13.21M $-13.49M $14.79M $23.93K $1.31M $-13.49M
Q1-2025 $-15.39M $-11.77M $4.61M $17K $-7.14M $-11.77M
Q4-2024 $-13.93M $-11.79M $14.45M $6K $2.67M $-11.97M

Q3 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Vicarious Surgical Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

RBOT’s strengths center on its differentiated technology vision, strong focus on innovation, and a relatively clean, liquid balance sheet today. The surgical robot concept—single‑port access, human‑like internal motion, and immersive visualization—targets a very large and growing market in minimally invasive surgery. Regulatory recognition through Breakthrough Device status and an active patent portfolio further support the strategic story. The company also maintains a straightforward capital structure with positive equity and solid liquidity at present.

! Risks

Key risks are substantial. Financially, RBOT is a pre‑revenue company with large ongoing losses, heavy cash burn, and finite liquidity, and its management has acknowledged doubt about its ability to continue as a going concern without additional funding. Operationally, it faces delays in development milestones and the need to restart and complete clinical trials. Strategically, it competes against far larger and better‑capitalized players in a heavily regulated, high‑stakes medical field. The recent delisting from a major exchange to OTC trading underscores market concerns and may limit access to capital.

Outlook

The outlook is highly speculative and hinges on a series of successful “if‑then” steps: if the company secures enough funding to reach design freeze, if clinical data are compelling, if regulatory approvals are obtained on the revised timeline, and if surgeons and hospitals adopt the system in meaningful numbers. If these conditions are met, RBOT could evolve from a pre‑revenue developer into a niche or broader player in surgical robotics. If not, the combination of cash burn, regulatory risk, and intense competition could constrain or derail its long‑term potential. Overall, the story is one of significant technological promise balanced by equally significant financial and execution risk.