Knightscope, Inc. (NASDAQ:KSCP) Q3 2023 Earnings Call Transcript

Also, to maximize throughput. We are carefully scrutinizing processes for labor efficiency and selection of suppliers. Lots and lots of redesigning of parts, subsystems, and processes, re-architecting of major systems, and resourcing of suppliers. We anticipate that these changes will also contribute to a reduction of our ongoing service and maintenance costs for our machines and network. Lastly, for our fourth item, we are scrubbing all our discretionary operating expenses while at the same time weighing investments in new tools and tooling to improve overall efficiencies. These all will be a big focus throughout the remainder of 2023 and into 2024. In order to improve our performance, we have developed a plan and have begun executing on it with literally hundreds of major and minor changes.

And we are all genuinely excited and looking forward to a bright future for Knightscope and our investors as we can see a clear path to a profitable future. And despite all the Skeptics, we at Knightscope believe more firmly than ever in our mission and remain laser-focused on execution and looking to make all our investors and supporters proud as we march ahead to help create a safer future for our country. We’ll now transition to the live portion of the town hall for questions from our longtime, unwavering investors, new retail investors, institutions, and analysts. And don’t forget long night scope and short the criminals. Thank you.

End of Q&A: