FarmBot Version Qty Mfg’d Cost/Unit Total Cost
Genesis All 1,202   $895,449
  v1.2 350, Apr ‘17 $678 $237,300
  v1.3 300, Oct ‘17 $728 $218,400
  v1.4 300, Aug ‘18 $790 $237,000
  v1.5 125, Feb ‘20
127, Dec ‘20
$797
$812
$99,625
$103,124
Genesis XL All 423   $397,850
  v1.4 200, Aug ‘18 $936 $187,200
  v1.5 150, Feb ‘20
73, Dec ‘20
$942
$950
$141,300
$69,350
Express All 175   $76,125
  v1.0 175, May ‘20 $435 $76,125
Express XL All 250   $121,500
  v1.0 250, May ‘20 $486 $121,500
All lines All 2,050   $1,490,924

Cost/Unit does not currently include tooling fees, shipping fees, or import taxes. Future columns will break out these costs in order to calculate total cost of goods sold (COGS).

KPI: Cost/Unit

Lowering the cost to manufacture kits is a critical pathway towards reaching more people with FarmBot technology. In our first few versions of FarmBot, our cost/kit actually raised due to increased quality and hardware features. Over time however, economies of scale and improvements to the manufacturing and supply chain should lower our cost to manufacture kits. Future product lines that are more simple and less expensive to produce will also help lower our average cost/unit.