iRobot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on Wednesday that it has “substantial doubt about [its] ability to continue.”
Beyond declining sales — the company reported that revenue decreased 47 percent in the US over the prior year in its fourth quarter earnings — iRobot is also struggling to pay off its debts. The company took on a $200 million bridge loan to stay afloat while it waited for its
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