v3.26.1
Business Combination (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination [Abstract]  
Summary of purchase price allocation

Consideration Paid:

Closing cash payment

$

5,000

Settlement of Event Risk Debt

 

1,141

Issuance of 1,724,418 shares of Knightscope, Inc. Class A Common Stock

 

7,277

Deferred cash payments totaling $4.0 million, payable in quarterly installments of $0.5 million from March 31, 2027 through December 31, 2028

3,351

Earn-out payments of up to $2.0 million tied to 2026 revenue and gross margin thresholds

1,067

Cash revenue share payments (capped at $10.0 million aggregate) for calendar years 2027 - 2031

1,652

Equity revenue share issuances (subject to the aggregate cap of the lower of (i) 2.5% of the fully diluted shares outstanding and (ii) $3.0 million in grant-date value)

10

Preliminary working capital adjustment

(888)

Less: Fair value of non-compete agreement

(570)

Total consideration transferred

$

18,040

 

Schedule of purchase consideration

  ​ ​ ​

February 27,

2026

Cash and cash equivalents

$

644

Accounts receivable

 

1,787

Prepaid expenses and other current assets

 

118

Property, equipment and software, net

30

Acquisition-related intangibles

15,500

Total Assets

18,079

Accounts payable

942

Accrued expenses and other current liabilities

 

6,118

Deferred revenue

 

655

Total Liabilities

7,715

Fair value of net assets acquired

10,364

Goodwill

7,676

Total purchase consideration

$

18,040

 

Summary of identifiable intangible asset acquired

Useful

Life

Fair

Intangible assets with determinable lives

  ​ ​ ​

(years)

  ​ ​ ​

Value

Customer relationships

 

6.7

15,500

 

Schedule of pro forma information

Three Months Ended June 30

Six Months Ended June 30

2026

2025

2026

2025

Total revenue, net

$

9,024

$

6,219

$

18,986

$

13,397

Net loss

$

(14,090)

$

(6,981)

$

(24,095)

$

(14,540)