Knightscope Inc. reported its financial results for the first quarter ending March 31, 2025, announcing a 29% increase in total net revenue, reaching $2.9 million compared to $2.3 million in the same quarter of 2024. The company also reported a significant improvement in gross margin, with a loss of 23%, an enhancement from the previous year's 64% loss. Knightscope's net loss decreased by 9% to $6.9 million from $7.6 million in Q1 2024. The company highlighted a reduction in general and administrative expenses by 24% year over year, attributed to lower investor relations and legal fees. Additionally, Knightscope raised $7.4 million through an at-the-market equity offering and $1.4 million from a registered direct offering during the quarter, bolstering its cash and cash equivalents to $12.7 million, up from $2.6 million the previous year. Strategically, Knightscope secured a new 33,000 square foot headquarters in Sunnyvale, California, to support its long-term growth and operational scaling. The company also reported continued strong demand, with a current backlog of $2.5 million. Revenue from Electronic Control Devices (ECD) outpaced the prior year by 37%, driven by expanded strategic partnerships with both new and existing customers. Knightscope plans to participate in the Ladenburg Thalmann Innovation EXPO25 on May 21, 2025, in New York, further engaging with institutional investors and showcasing its advancements in autonomous security robot and artificial intelligence technologies.