SEC 8-K filings with transcript text
Aug 17, 2026
2 ex99-1.htm
Exhibit 99.1
AMC Robotics Reports Second Quarter 2026 Financial Results
Targeting Commercial Launch in H2 2026; Gross Margin Expands to 80% on Shift Toward Higher-Margin AI and Cloud Services
NEW YORK – August 17, 2026 – AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions provider, today reported financial results for the three and six months ended June 30, 2026.
Second Quarter 2026 Financial Highlights
●Revenue of $937 thousand for the three months ended June 30, 2026, compared to $1.4 million in the prior-year period. The decline reflects the Company’s deliberate strategic shift away from lower-margin product sales, partially offset by 54% growth in recurring AI and cloud revenue-sharing arrangements with Kami Vision Incorporated (“Kami”).
●Gross profit of $0.8 million, compared to $0.3 million in the prior-year period, with gross margin expanding to 80% versus 19% in the prior year-period.
●Operating loss of $157 thousand for the three months ended June 30, 2026, compared to a loss of $735k in the prior year-period.
●Net loss of $176 thousand, or ($0.01) per basic and diluted share, compared to net loss of $229 thousand or ($0.01) per share in the second quarter 2025.
loss of $177k for the three months ended June 30, 2026, compared to a loss of $219k in the prior-year period.
●Cash and cash equivalents of $4.5 million as of June 30, 2026.
Revenue for the second quarter and first half of 2026 included contributions from the Company’s revenue-sharing collaboration with Kami, a related party. The arrangement is conducted on commercially reasonable, arm’s-length terms and reflects the integration of complementary AI and computer vision capabilities across the Company’s robotics and autonomy platform. Management believes the collaboration has supported revenue diversification, expanded market opportunities, and contributed to the continued development of the Company’s AI-driven robotics ecosystem.
Second Quarter 2026 Operating Highlights
●Announced NovaArm™ Manufacturing Facility in Vietnam: In June 2026, AMCV Company Limited, the Company’s wholly owned Vietnam subsidiary, announced an agreement to lease a 6,150-square-meter facility in Bắc Ninh, Vietnam, dedicated to Phase 1 NovaArm™ production, with the lease expected to become effective in the third quarter of 2026, initial production targeted for the second half of 2026 and approximately $3.5 million planned for buildout and equipment. The Company is also advancing pre-commercial activities with Sunward Logistics USA LLC, its designated first deployment customer and strategic partner, to support field readiness ahead of commercial launch.
●Strategic AI Investment: Invested an aggregate of $1.0 million in Etronium AI Inc., a privately held artificial intelligence technology company, through two Simple Agreements for Future Equity (SAFEs) in April and May 2026. The investment reflects management’s strategy of pursuing AI capabilities that may complement the Company’s long-term robotics and intelligent security solutions platform.
●Revenue Strategy Evolution: The Company continued to actively manage its revenue mix, significantly reducing inventory-intensive product sales in favor of higher-margin AI, cloud and service revenue, including revenue-sharing arrangements. This shift drove substantial gross margin expansion and operating cost improvements relative to the prior-year period.
“This quarter, we continued to advance AMC Robotics toward commercialization while strengthening the technology and capabilities that support our long-term platform strategy,” said Sean Da, Chairman of the Board and Chief Executive Officer of AMC Robotics. “Securing our 6,150-square-meter manufacturing facility in Bắc Ninh is an important step toward launching NovaArm™ in the second half of 2026, while our work with Sunward Logistics continues to prepare the platform for its first deployment. We are also expanding our AI capabilities through strategic initiatives, including our $1.0 million investment in Etronium AI, which we believe can complement and strengthen our broader robotics and intelligent security platform. Our shift toward higher-margin recurring revenue is gaining traction, with AI and cloud revenue from Kami increasing 54% year over year and gross margin reaching 80% in the second quarter. We believe advancing these initiatives will lead to establishing the foundation for a scalable robotics business as we move toward commercial deployment.”
About AMC Robotics Corporation
AMC Robotics (NASDAQ:AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company’s quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception.
For more information, please visit www.amcx.ai.
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