<ul><li>Consumer robot company iRobot, maker of the Roomba robot vacuum, has expressed 'substantial doubt' about its ability to continue as a going concern.</li><li>iRobot's board of directors has initiated a formal strategic review which includes considering a potential sale, refinancing the company's debt, and other alternatives.</li><li>The company added Neal P. Goldman, an experienced CEO and board chairman, as an independent director to help with operational and financial transformations.</li><li>iRobot has faced challenges due to uncertainty around consumer demand, competition, macroeconomic conditions, and tariff policies, which led to doubts about its future.</li></ul>

Roomba Maker iRobot Reports ‘Substantial Doubt’ About Ability to Continue

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