Company: KITTW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001849820-25-000278
Chunk: 37

Company: Nauticus Robotics, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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446,087 1,645,759 1,283,858 Research and development- - - 63,534 General and administrative2,997,001 2,845,956 11,674,874 9,503,254 Total costs and expenses7,854,715 5,940,062 22,330,525 18,468,014  Operating loss(5,877,920)(5,569,875)(18,112,908)(17,131,765) Other (income) expense, net:Other (income) expense, net2,883 143,573 (32,051)165,374 Gain on lease termination- - - (23,897)Foreign currency transaction loss48,807 11,833 52,348 21,276 Loss on extinguishment of debt- - - 78,734,949 Change in fair value of warrant liabilities(103,607)(615,505)(145,738)(13,347,829)Change in fair value of New Convertible Debentures- (24,199,071)- (36,113,800)Change in fair value of November 2024 Debentures(407,938)- 128,122 - Interest expense, net1,221,883 1,157,468 3,545,722 3,798,296 Total other (income) expense, net762,028 (23,501,702)3,548,403 33,234,369  Net income (loss)$(6,639,948)$17,931,827 $(21,661,311)$(50,366,134)Basic income (loss) per share (As adjusted, see Note 18)$(2.60)$60.31 $(7.47)$(237.23)Diluted loss per share (As adjusted, see Note 18)$(2.60)$(3.23)$(7.47)$(237.23)Basic weighted average shares outstanding (As adjusted, see Note 18)3,878,466297,3343,357,726212,307Diluted weighted average shares outstanding (As adjusted, see Note 18)3,878,4661,698,7973,357,726212,307 

The accompanying notes are an integral part of