DUKRDUKE Robotics Corp.
Is DUKE Robotics struggling financially?
Yes, by its own account. DUKE Robotics told the SEC on 12 Mar 2026, in Form 10-K, that there is substantial doubt about its ability to continue as a going concern.
Going concern disclosed Mar 2026
30/100
Fragile
Cries for help
-
Needs to raise money
We believe that we will need to raise additional capital in the future to fund our research and development and commercialization efforts.
Form 10-K, filed 12 Mar 2026. Read it on SEC.gov
Signs of a way out
Nothing in the filings we have read names a way out.
- Sector
- Industrial/Cyclical
- Market cap
- $19.0M
- Source filing
- 10-K 12 Mar 2026
- Balance sheet
- 30 Jun 2026
Cash runway
69+ mo
Runs out some time after Mar 2032, raising nothing.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$7.0M
÷
Cash burned over the last 12 months
$1.0M
What DUKE Robotics told the SEC
…of our products; our marketing plans; our expectations regarding our short- and long-term capital requirements; that our financial position raises substantial doubt about our ability to continue as a going concern; our outlook for the coming months and future periods, including but not limited to our expectations regarding future revenue and expenses; and information with respect to any…
DUKE Robotics Corp., Form 10-K, filed 12 Mar 2026.
Read the filing on SEC.govWhat this means
- Not a bankruptcy filing, and not a prediction.
- It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
- The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.
What else the numbers show
- Cash burn is narrowing It is spending 47% less cash per year than it was, so the runway above is lengthening rather than shortening.
Other Industrial/Cyclical companies that filed the doubt
- NKLR Terra Innovatum Global $676.3M
- HOVR New Horizon Aircraft $125.0M
- MNTS Momentus $94.7M
- FISN Deep Fission $486.0M
- BNKK Bonk $9.4M
- CODI Compass Diversified $878.8M