iRobot Corp extended its debt agreement waiver until August 14, 2025, allowing it to avoid default by prepaying $4 million and issuing warrants to purchase 1.56 million shares at $0.01 each. The waiver, initially set to expire on June 6, 2025, provides time for the company to comply with financial covenants amidst concerns about its ability to continue as a going concern, following auditor doubts specifically concerning the fiscal year ending December 2024.