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Vicarious Surgical to liquidate via assignment for benefit of creditors; stockholders likely receive nothing
Stockholders approved assignment for benefit of creditors and voluntary dissolution at July 21 special meeting; 13.3M votes for, 100.9K against.
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Vicarious Surgical shareholders approve reverse stock split at ratio of 1:2 to 1:30
Over 11.8M votes in favor, 49,675 against, 3,430 abstentions at April 8 special meeting.
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Vicarious Surgical reports Q4 net loss $10.5M; NYSE delisting, now on OTCID
Q4 GAAP net loss $10.5M ($1.57/sh) vs $13.9M ($2.36/sh) YoY; FY2025 net loss $50.2M ($8.19/sh) vs $63.2M ($10.74/sh) YoY.
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Vicarious Surgical NYSE delisting; President and CTO take salary cuts
NYSE commenced delisting proceedings on March 3, 2026; stock now quoted on OTC under RBOT.
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Vicarious Surgical receives NYSE delisting notice; trading suspended, moves to OTCID
NYSE notified Vicarious Surgical on Mar 3, 2026 of delisting for falling below $15M avg mkt cap over 30 trading days.
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Vicarious Surgical guides FY2026 cash burn ~$35M (improved from $45M); NYSE to delist warrants
FY2026 cash burn guidance of ~$35M, a $10M improvement over the recently updated $45M 2025 guidance.
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Vicarious Surgical cuts 2025 cash burn outlook to ~$45M, improves by $5M
Full-year 2025 cash burn guidance improved to ~$45M from prior $50M, reflecting cost management.
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Vicarious Surgical reports Q3 2025 net loss of $11.1M, down from $17.1M year-over-year
Total operating expenses fell 35% to $11.5M from $17.8M in Q3 2024
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Vicarious Surgical completes controlled builds; on track for production-equivalent system by mid-2026
Controlled builds completed in April and August 2025 under full QMS, demonstrating reproducibility and scalability.
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Vicarious Surgical Q2 net loss narrows to $13.2M; CEO transition to Stephen From
GAAP net loss of $13.2M ($2.23/share) vs. $15.2M ($2.59/share) in Q2 2024.
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Vicarious Surgical appoints Stephen From as CEO, Adam Sachs becomes President
Stephen From appointed CEO effective Aug 7, 2025; also joins Board.
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Vicarious Surgical's NYSE compliance plan accepted; auditor changed to Cherry Bekaert
NYSE accepted compliance plan to regain $50M min market cap within 18 months; RBOT now trades with '.BC' indicator.
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Vicarious Surgical elects Fuad Ahmad and Joseph Doherty to board; Ric Fulop departs
Fuad Ahmad (former CFO of Iridex, Mitek, Vaxart) and Joseph Doherty (CEO Worcester City Campus, former Olympus/J&J) elected at annual meeting.
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Vicarious Surgical Q1 2025: GAAP net loss $15.4M; FY cash burn guided ~$50M
GAAP net loss $15.4M ($2.60/shr) vs $17.0M ($2.90) Q1 2024; adjusted net loss $15.3M ($2.58/shr).
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Vicarious Surgical receives NYSE delisting notice for low market cap and equity
30-day avg market cap ~$47.4M and stockholders' equity $46.7M as of Dec 31, 2024.
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Vicarious Surgical reports FY2024 GAAP net loss $63.2M; sets 2025 cash burn guidance $50M; appoints new CFO
FY2024 GAAP net loss $63.2M ($10.74/share), adjusted net loss $63.3M ($10.75/share); Q4 GAAP net loss $13.9M.
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Vicarious Surgical CFO William Kelly resigns effective Jan 2, 2025; succession search underway
William Kelly steps down as CFO after nearly 4 years (since Jan 2021) to pursue other opportunities.
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Vicarious Surgical Q2 net loss $15.2M; cash burn $10.9M, reiterates FY2024 ~$50M
GAAP net loss $15.2M ($2.59/sh) vs $15.3M ($3.62/sh) in Q2 2023; adjusted net loss $16.8M ($2.86/sh).
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Vicarious Surgical shareholders approve 1-for-30 reverse stock split, effective June 12, 2024
Shareholders approved reverse stock split at ratio of 1-for-30 effective June 12, 2024.
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Vicarious Surgical announces 1-for-30 reverse stock split to comply with NYSE minimum share price
Reverse split ratio set at 1-for-30, approved by shareholders at June 10, 2024 annual meeting.
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Vicarious Surgical appoints Randy Clark as President; Adam Sachs remains CEO
Clark appointed President effective Jan 29, 2024; Sachs steps down as President, continues as CEO.
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Vicarious Surgical Q3 loss $0.10 GAAP, delays system build to Fall 2024, De Novo to 2026
GAAP net loss $15.7M ($0.10/sh); adjusted net loss $20.4M ($0.12/sh).
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Vicarious Surgical receives NYSE non-compliance notice for share price below $1.00
Received NYSE notice on Sept 20, 2023 that average closing price of Class A common stock was below $1.00 over 30 trading days.
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Vicarious Surgical prices $45M public offering of 45M shares at $1.00 per share
Offering of 45,000,000 shares at $1.00/share; gross proceeds ~$45M; net ~$42M.
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Vicarious Surgical Q2 2023 net loss $15.3M; expects first human procedure mid-2024
GAAP net loss $15.3M ($0.12/sh) vs $1.5M ($0.01/sh) YoY; adjusted net loss $20.4M ($0.16/sh).
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Vicarious Surgical Q1 net loss $26.9M; cash burn guidance $55-65M for FY 2023
GAAP net loss of $26.9M ($0.21/share) vs prior-year net income of $42.5M ($0.35 basic EPS).
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Vicarious Surgical Q3 2022 net loss $24.7M; cash burn $14.5M
GAAP net loss $24.7M ($0.20/sh); adjusted net loss $21.7M ($0.18/sh) vs $45.1M ($0.49) last year.