Microbot Medical Inc. is a pre-clinical medical device company that specializes in transformational micro-robotic technologies, focused primarily on both natural and artificial lumens within the human body. Microbot's current proprietary technological platforms provide the foundation for the development of a Multi Generation Pipeline Portfolio (MGPP).

Company profile
Ticker
MBOT
Exchange
Website
CEO
Harel Gadot
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
AMGEN • Gilead Sciences • Biogen • Qiagen • Moderna • BioNTech SE • Sana Biotechnology • Ginkgo Bioworks • Bio-Techne • Denali Therapeutics ...
Former names
CYTOTHERAPEUTICS INC/DE, STEMCELLS INC
SEC CIK
Corporate docs
IRS number
943078125
MBOT stock data
Press releases
Microbot Medical to Review Recent Progress During Needham's Virtual Healthcare Conference
11 Apr 22
Microbot Medical Continues to Strengthen Management Team as Rachel Vaknin Promoted to Chief Financial Officer
6 Apr 22
Microbot Medical Achieves Significant Regulatory Milestone for the LIBERTY® Robotic System; Files FDA Pre-Submission Package for Regulatory Pathway
31 Mar 22
Investment data
Securities sold
Number of investors
Calendar
16 May 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.47M | 10.47M | 10.47M | 10.47M | 10.47M | 10.47M |
Cash burn (monthly) | 1.01M | 621K | 1.06M | 1.01M | 1M | 863.92K |
Cash used (since last report) | 2.89M | 1.78M | 3.04M | 2.91M | 2.88M | 2.48M |
Cash remaining | 7.58M | 8.69M | 7.43M | 7.56M | 7.59M | 7.99M |
Runway (months of cash) | 7.5 | 14.0 | 7.0 | 7.5 | 7.6 | 9.2 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jan 22 | Eyal Morag | Stock Option Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 6.48 | 25,000 | 162K | 25,000 |
26 Jan 22 | Simon Sharon | Stock Option Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 6.48 | 25,000 | 162K | 25,000 |
26 Jan 22 | Gadot Harel | Stock Option Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 6.48 | 100,000 | 648K | 100,000 |
29 Sep 21 | Madden Martin J. | Stock Option Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 7 | 13,571 | 95K | 13,571 |
Institutional ownership, Q4 2021
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
achieved, addressing, annum, burn, Cellular, Certificate, classification, clearance, collaboration, collaborative, comprehensive, confidential, contemplated, Corporation, customary, Cyto, deficit, Delaware, derived, differentiating, discharge, Division, DoneTM, doubt, Drug, EFS, electrical, encumbered, ensure, entity, equally, eventual, excluding, Food, footnote, framework, gain, IDE, implant, incorporated, Incorporation, indemnification, input, irrevocable, jointly, lifted, meet, methodology, mutual, nonexclusive, Note, package, parallel, pathway, perpetual, program, reclassification, recoverability, removing, responded, restated, retain, salary, serve, strategic, Stryker, sustained, testing, title, trademarked, variety, vigorously
Removed:
analyze, application, apply, assisted, commencement, commercialization, decrease, enacted, expanded, expecting, extended, feature, fourth, franchise, goodwill, improve, increasing, increasingly, inflation, intraperiod, measured, organization, ownership, partially, rent, separate, simplify, unknown, Variable
Financial reports
Current reports
8-K
Regulation FD Disclosure
12 Apr 22
8-K
Microbot Medical to Review Recent Progress During Needham’s Virtual Healthcare Conference
11 Apr 22
8-K
Microbot Medical Continues to Strengthen Management Team as Rachel Vaknin Promoted to Chief Financial Officer
6 Apr 22
8-K
Microbot Medical Achieves Significant Regulatory Milestone for the LIBERTY® Robotic System; Files FDA Pre-Submission Package for Regulatory Pathway
31 Mar 22
8-K
Departure of Directors or Certain Officers
1 Feb 22
8-K
Regulation FD Disclosure
10 Jan 22
8-K
Microbot Medical Announces Strategic Collaboration with Stryker Corporation to Develop the LIBERTY® Robotic System for Neurovascular Applications
27 Dec 21
8-K
Regulation FD Disclosure
23 Dec 21
8-K
Microbot Medical Initiates Search for U.S. Clinical Sites for the LIBERTY ® Robotic System
22 Dec 21
8-K
Regulation FD Disclosure
15 Dec 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
10 Jun 21
S-3
Shelf registration
25 Nov 20
S-8
Registration of securities for employees
25 Nov 20
D
Indefinite amount in options / securities to be acquired, 1 investor
7 Jan 20
D
Indefinite amount in options / securities to be acquired, 1 investor
7 Jan 20
D
Indefinite amount in options / securities to be acquired, 1 investor
7 Jan 20
424B5
Prospectus supplement for primary offering
31 Dec 19
424B5
Prospectus supplement for primary offering
30 Dec 19
424B5
Prospectus supplement for primary offering
27 Dec 19
RW
Registration withdrawal request
12 Dec 19
Other
EFFECT
Notice of effectiveness
7 Dec 20
CORRESP
Correspondence with SEC
1 Dec 20
UPLOAD
Letter from SEC
1 Dec 20
EFFECT
Notice of effectiveness
13 Apr 17
CORRESP
Correspondence with SEC
11 Apr 17
UPLOAD
Letter from SEC
9 Apr 17
UPLOAD
Letter from SEC
7 Apr 16
CORRESP
Correspondence with SEC
4 Apr 16
UPLOAD
Letter from SEC
31 Mar 16
EFFECT
Notice of effectiveness
7 Jan 14
Ownership
3
Microbot Medical / Rachel Vaknin ownership change
15 Apr 22
4
Microbot Medical / Eyal Morag ownership change
28 Jan 22
4
Microbot Medical / Simon Sharon ownership change
28 Jan 22
4
Microbot Medical / Harel Gadot ownership change
28 Jan 22
4
Microbot Medical / Tal Baruch Wenderow ownership change
5 Oct 21
4
Microbot Medical / Aileen Ptucha Stockburger ownership change
5 Oct 21
4
Microbot Medical / Prattipati Laxminarain ownership change
5 Oct 21
4
Microbot Medical / Scott R Burell ownership change
5 Oct 21
4
Microbot Medical / Yoseph Bornstein ownership change
5 Oct 21
4
Microbot Medical / Martin J. Madden ownership change
5 Oct 21
Patents
Utility
Device for automatically inserting and manipulating a medical tool into and within a bodily lumen
5 Apr 22
A compact robotic device for driving movement of two or more elongate surgical tools configured for a telescopic arrangement when said two or more elongate surgical tools are at least partially received within said device, the device comprising: a housing comprising walls which define an inner volume including at least two inner pathways for accommodating the two or more elongate surgical tools; the housing encasing: a plurality of motors, and two or more tool actuation assemblies configured at a position of each of the two or more inner pathways; the actuation assemblies driven by the plurality of motors and configured to operably contact an elongate surgical tool at least partially received in the inner pathway to at least one of advance, retract and/or roll said elongate surgical tool.
Utility
Device for Automatically Inserting and Manipulating a Medical Tool into and Within a Bodily Lumen
10 Mar 22
An assembly for driving linear movement and roll movement of an elongate surgical tool, comprising: an elongate shaft comprising a central lumen extending along the shaft long axis; the elongate shaft comprising a plurality of apertures extending across walls of the elongate shaft and into the central lumen; a set of wheels positioned opposing each other and aligned on two sides of the central lumen, the set of wheels at least partially extending through the apertures beyond the walls of the elongate shaft and into the central lumen to contact an elongate surgical tool received therein; the set of wheels being coupled to the elongate shaft and configured to rotate with the elongate shaft as a single unit when the elongate shaft is rotated about the shaft long axis.
Utility
Modular robotic system for driving movement of surgical tools
8 Feb 22
A modular robotic surgical system includes one or more tool-receiver units arranged as separate units, each tool-receiver unit operable to move a first elongate surgical tool received therein.
Utility
Device for automatically inserting and manipulating a medical tool into and within a bodily lumen
4 Jan 22
An assembly for driving linear movement and roll movement of an elongate surgical tool, comprising: an elongate shaft comprising a central lumen extending along the shaft long axis; the elongate shaft comprising a plurality of apertures extending across walls of the elongate shaft and into the central lumen; a set of wheels positioned opposing each other and aligned on two sides of the central lumen, the set of wheels at least partially extending through the apertures beyond the walls of the elongate shaft and into the central lumen to contact an elongate surgical tool received therein; the set of wheels being coupled to the elongate shaft and configured to rotate with the elongate shaft as a single unit when the elongate shaft is rotated about the shaft long axis.
Utility
Modular Robotic System for Driving Movement of Surgical Tools
16 Sep 21
Inventors: Simon SHARON, Idan BOADER, Evgeny KOFMAN, Moshe SHOHAM, Eran COHEN, Eyal MORAG, Harel GADOT
Reddit threads
Daily Discussion Thread - June 24th, 2022
24 Jun 22
Daily Discussion Thread - June 20th, 2022
20 Jun 22
Daily Discussion Thread - June 17th, 2022
17 Jun 22
Daily Discussion Thread - June 13th, 2022
13 Jun 22
Daily Discussion Thread - June 10th, 2022
10 Jun 22
Daily Discussion Thread - June 6th, 2022
6 Jun 22
Daily Discussion Thread - June 3rd, 2022
3 Jun 22
Daily Discussion Thread - May 30th, 2022
30 May 22
Daily Discussion Thread - May 27th, 2022
27 May 22
Daily Discussion Thread - May 23rd, 2022
23 May 22