Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001849820-25-000108
Chunk: 114

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 114
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 of debt discount411,705 4,033,330 Loss on extinguishment of debt127,605,940 - Amortization of debt issuance cost664,690 52,092 Capitalized paid-in-kind (PIK) interest900,383 - Accretion of RCB Equities #1, LLC exit fee97,694 27,608 Stock-based compensation2,303,054 4,427,073 Loss on exchange of warrants- 590,266 Change in fair value of warrant liabilities(13,559,010)(14,902,427)Change in fair value of New Convertible Debentures(7,989,948)- Change in fair value of November 2024 Debentures435,864 - Non-cash lease expense504,097 346,714 Interest expense assumed into Convertible Senior Secured Term Loan- 378,118 Impairment of property and equipment- 25,354,791 Settlement of liquidated damages with Common Stock- 3,685,629 Loss on disposal of assets19,202 82,604 Loss on lease termination18,721 453,162 Gain on short-term investments- (40,737)Other notes payable adjustments115,394 - Changes in operating assets and liabilities:  Accounts receivable(26,103)1,410,006 Inventories(58,683)(11,581,138)Contract assets- 573,895 Prepaid expenses and other assets1,145,670 2,707,815 Accounts payable and accrued liabilities(1,696,525)8,241,528 Contract liabilities(2,421,634)2,767,913 Operating lease liabilities(397,375)(338,979)Other liabilities895,118 - Net cash used in operating activities(24,201,567)(21,687,926)   Cash flows from (used in) investing activities:  Capital expenditures(501,600)(11,633,153)Proceeds from sale of assets held for sale676,177 - Proceeds from sale of property and equipment5,705 38,704 Proceeds from sale of short-term investments- 5,000,000 Net cash from (used in) investing activities180,282 (6,594,449)  Cash flows from financing activities:  

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