Core Insights - iRobot, the maker of the Roomba robotic vacuum cleaner, is facing significant financial difficulties and may be on the verge of bankruptcy [2][3] - The company has struggled to find a buyer after a $1.7 billion acquisition deal with Amazon fell through due to regulatory issues in the European Union [2] - iRobot has expressed substantial doubt about its ability to continue operations for at least the next 12 months, indicating a potential need to cease operations and seek bankruptcy protection if funding is not secured [2] Company Situation - iRobot has sold over 50 million robotic vacuum cleaners globally, indicating a strong market presence [3] - Following the failed acquisition, iRobot's remaining bidders have offered significantly lower prices, and the company is not in advanced negotiations with any potential buyers [2] - The company has warned that without additional funding, it may be forced to significantly reduce or halt operations, leading to a likely bankruptcy filing [2] Implications for Consumers - If iRobot files for bankruptcy, existing Roomba models may still function, but their capabilities would be greatly diminished [3] - The company is expected to stop providing customer support, software updates, and support for smart home integrations that depend on cloud services [3]