Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) reported that its stockholders' equity turned positive in its 2025 annual financial report, reversing from negative territory. The California-based electric vehicle and robotics company also said its robotics business achieved positive gross margins in its first quarter of deliveries.

The company completed approximately $100 million in debt optimization and reduction through negotiations with suppliers and creditors, according to statements from founder and co-CEO YT Jia. This followed a $130 million impairment charge related to FF 91 vehicle equipment and tooling that was recorded in the third quarter of last year.

Faraday Future's robotics division, which began deliveries this year, has set a target of shipping over 1,000 units by the end of 2026. The company plans to focus on business-to-business applications and family education markets for its robotics products.

The company said it is in discussions with California government departments about establishing robotics labs in K-12 schools and University of California campuses, including UCLA and UC Berkeley. Jia described this as creating "the first scaled EAI education system in the United States."

Faraday Future's flagship vehicle, the FF 91, began deliveries in 2023. The company is developing a second vehicle brand called FX, with its first model, Super One, planned for delivery in 2026.

The information comes from a press release containing a question-and-answer session with Jia about the company's business developments.