Robot’s stock fell as much as 40% early Wednesday after the maker of robot vacuums told investors that it has “” Sales were down 44% in the last three months of 2024 at $172 million versus $307 million the year prior,

After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive another 12 months.

iRobot, maker of the Roomba autonomous vacuum, has suffered over the past few years from slumping sales, failed new products, and an aborted takeover attempt by Amazon.