Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.

AIBOTICS, INC.

CIK: 17633292 Annual ReportsLatest: 2025-04-11

10-K / April 11, 2025

Revenue:N/A
Income:-$1,848,275

10-K / April 23, 2024

Revenue:N/A
Income:-$1,181,347

10-K / April 11, 2025

Company Summary: AIBotics, Inc.

Business Overview

  • Core Focus: Promotes the study of psychedelics for mental health treatment, supporting the development of natural and synthetic molecules for therapeutic purposes.
  • Research & Clinical Data: Supports collection and analysis of research and clinical data related to the effects of psychedelics in mental health treatments, leveraging technology from its parent company, Ehave, Inc.
  • Artificial Intelligence & Robotics: Uses AI in robotics to enhance quality of life, particularly after acquiring assets from Philon Labs, including AI-powered products like the Phill Robot (massage robot) and MilkyWay (smart breast milk storage refrigerator).
  • Product Offerings:
    • Phill Robot: AI-powered massage robot that learns user preferences for personalized massage experiences; features a foldable design serving as a nightstand.
    • MilkyWay: Smart milk storage refrigerator with automated vertical rotating system, customizable capacity (up to 99 or 120+ bags), and a mobile app for real-time monitoring.
  • Supply Agreements: Has ongoing supply agreements with Havn Life Sciences Inc. for natural psilocybin derivatives, to support research and develop psychedelic-based therapies.
  • Acquisition & Asset Development: Acquired assets from Philon Labs including patents and intellectual property related to AI robotics, shifting focus towards innovative products in wellness and healthcare.

Market & Industry

  • Opportunity driven by legal advancements: Oregon became the first U.S. state to legalize psilocybin in 2020.
  • Market Growth: Psychedelic drugs market expected to grow at 12.4% annually, reaching $10.75 billion by 2027.
  • Regulatory landscape: Recognized FDA breakthrough therapy designations for psychedelics such as MDMA and psilocybin, positioning the company within a rapidly evolving regulatory framework for mental health therapies.

Company Structure & Strategy

  • Incorporation & Subsidiaries: Incorporated in Nevada in 2000; wholly owned subsidiary AIBotics Therapies Inc. in Florida.
  • Partnerships & Contracts: Has supply agreements and strategic relationships for developing psilocybin-based products.
  • Research & Development: Focused on integrating AI and robotics to develop disruptive wellness products, with an emphasis on mental health applications using psychedelics.
  • Operational Status: Virtually operated, with no physical properties owned.

Financial & Operational Data

  • Employees & Customers: No specific information provided.
  • Revenue: No revenue was reported for fiscal years 2024 and 2023.
  • Net Income:
    • 2024: Loss of $1,848,275
    • 2023: Loss of $1,181,347
  • Shares Outstanding: 42,690,903 as of March 31, 2025.
  • Market Capitalization: Approximate market value held by non-affiliates was $1,373,539 as of June 30, 2024.
  • Financial Status: Continues to operate at a net loss with significant working capital deficiency ($4,666,666 deficit as of December 31, 2024), and dependence on future financing to sustain operations.

Summary

AIBotics, Inc. is a biotech and technology firm integrating AI and robotics to develop products aimed at mental health treatment and wellness, particularly leveraging psychedelics like psilocybin, with a focus on research, development, and potential future commercialization within a rapidly evolving legal and regulatory landscape. The company has not yet generated revenue and operates at a significant net loss, relying on ongoing capital raises.