FF EAI Robotics Ecosystem — Q3 2026 Earnings Summary

Financial Performance:

• For the nine months ended September 30, 2026, the acquired robotics business generated approximately $2.3 million in unaudited standalone combined revenue.
• Gross profit for the same period was approximately $593,000, representing a gross margin of approximately 26%.
• Research and development expenses accounted for 26.2% of total operating expenses for the acquired robotics business.
• The acquired robotics business had no outstanding borrowings or convertible debt as of September 30, 2026.
• Operating results for the acquired robotics business are not included in FFR's consolidated third-quarter 2026 financial results as the acquisition closed on October 23, 2026.

Guidance and Future Outlook:

• Reaffirmed full-year 2026 guidance for the acquired robotics business on a standalone basis: approximately 2,000 robots sold and shipped with continued positive unit gross margins.
• Plans to launch a 100-city robotics education initiative to accelerate nationwide rollout of Physical AI education and K-12 school solutions.
• Targets to complete proof-of-concept (POC) projects in real-world industrial settings in the first quarter of 2027.
• Aims to begin factory production by year-end 2026 and produce the first robot device at an FFR U.S. factory in the first quarter of 2027.
• Plans to introduce the Physical Cloud technology platform and Productivity Token during the CES time period.
• RoboShare plans to expand its 10-city strategy in Q1 2027, entering Chicago and Dallas convention markets, expanding to Boston and Miami, and exploring the Middle East via partners in the UAE.
• Plans to establish a marketing and sales network covering five states and 30 cities.

Business Segments and Product Lines:

• Education and Research: Made progress with K-12 public school districts; launched the Robotics Education Ecosystem Solution 1.0 and the Physical AI Spark Program Curriculum.
• Security and Inspection: Entered POC, sales, and delivery stages; signed sales contracts with several leading North American integrators and distributors; developing the Robot Management System (RMS) 1.0.
• Industrial and Logistics: Advancing R&D toward POC projects; developing a lightweight mobile manipulator based on proprietary technologies.
• Commercial and Services: Deployed multiple robots at paid commercial events via RoboShare, validating commercial value in entertainment and brand promotion.
• Devices: Robot sales and shipments reached 351 units in October (a new monthly record), with cumulative shipments reaching 1,168 units through the end of October.
• Product Portfolio: FF Robot World 2.0 now includes over 20 robotic devices, including FF All-New Futurist, FF Master Mini, FX Aegis Classic Ultra W, FX Aegis Mega, FX Aegis Hyper, FF Nova, and FF Nova Mini.
• Developer Platform: FF OmniMind ranked first on the overall RoboColiseum global robotics model benchmark as of November 6; introduced Brain Blocks with AI modules for gesture and sound recognition; simulation sandbox for FF Nova in beta testing.
• RoboShare: Over 100 robots listed on the platform with ten third-party companies joined; expanding core operations and service systems.
• Data Factory: Completed a pilot order for a leading frontier laboratory; open-sourced real-robot teleoperation datasets on Hugging Face; established commercial workflows for data collection, cleaning, and payment.

Market and Competitive Landscape:

• FFR positions itself as the No. 1 provider in U.S. K-12 robotics education and aims to become the No. 1 company in robotics education nationwide.
• The company aims to rank among the top three companies in the Physical AI robotics industry overall.
• RoboShare is believed to be one of North America's largest robot-sharing platforms regarding the number and variety of available robots.
• FF OmniMind and its models hold the top ranking on the RoboColiseum global robotics model benchmark.

Risks and Challenges:

• Forward-looking statements involve risks including the potential failure to achieve standalone guidance and long-term projections.
• Risks include the ability to successfully integrate and operate the acquired business and commercialize robotics technologies.
• Potential challenges include obtaining additional financing, maintaining compliance with Nasdaq listing requirements, and executing the strategic transition.
• Actual results may differ materially from expectations due to uncertainties regarding liquidity, competition, and market adoption.

Management Commentary and Tone:

• FFR is advancing its "Four-Core Full-Stack AI" ecosystem following the acquisition of FFAI's robotics business.
• Management views the company as a pure-play humanoid and bionic Physical AI robotics ecosystem built around Four-Core Full-Stack AI.
• The acquisition closed with a clean balance sheet and light capital structure for the robotics business.
• New leadership includes YT Jia as CEO, Jerry Wang as Executive Chairman, Chen Shi as Lead Independent Director, and Jason E. Dodier as an independent director.
• The company emphasizes a "One Brain, All Robots, Diverse Capabilities" philosophy for its FF OmniMind platform.

Analyst Questions and Answers:

• No specific analyst questions and answers are included in the provided press release text.

Other Key Points:

• Completed the acquisition of Faraday Future Intelligent Electric Inc.'s (FFAI) robotics business on October 23, 2026, in exchange for common shares and non-voting convertible preferred shares.
• Completed Phase One of the "Built in USA" Acceleration Program and is advancing Phase Two to build U.S. production capabilities.
• Entered strategic partnerships with KYA GROUP for institutional customer access, California Science and Technology University (CSTU) and Boston International Business School (BIBS) for a joint robotics lab, and Pinnacle for real estate brokerage solutions.
• The company operates as a pure-play entity focused on Embodied AI (EAI) robotics, covering the full lifecycle from R&D to commercial applications.