Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-Q/A
Source: 0001849820-25-000097
Chunk: 9

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-Q/A
Chunk 9
---
abilities                                    |     | $                                  |   14,028,307 |     | $           |    -352,181 |     | $           |   13,676,126 |
| Notes payable - long-term, fair value option (related party) |     | $                                  |            - |     | $           |  94,691,365 |     | $           |   94,691,365 |
| Notes payable - long-term, net of discount (related party)   |     | $                                  |   44,949,988 |     | $           | -33,694,528 |     | $           |   11,255,460 |
| Notes payable - long-term, net of discount                   |     | $                                  |            - |     | $           |  12,607,892 |     | $           |   12,607,892 |
| Total Liabilities                                            |     | $                                  |   68,934,417 |     | $           |  73,252,548 |     | $           |  142,186,965 |
| Accumulated deficit                                          |     | $                                  | -118,378,091 |     | $           | -73,252,548 |     | $           | -191,630,639 |
| Total Stockholders’ Deficit                                  |     | $                                  |  -39,502,929 |     | $           | -73,252,548 |     | $           | -112,755,477 |

<div align='center'>6</div>

#### NAUTICUS ROBOTICS, INC.

### NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
<div align='center'>(UNAUDITED)</div>

| Condensed Consolidated Statements of Operations:                       
 Three months ended March 31, 2024                                      |     |   |             |     |   |             |     |   |              |
|:-----------------------------------------------------------------------|:----|:--|------------:|:----|:--|------------:|:----|:--|-------------:|
| Loss on extinguishment of debt                                         |     | $ |           - |     | $ |  78,734,949 |     | $ |   78,734,949 |
| Change in fair value of new convertible debentures                     |     | $ |           - |     | $ |  -4,504,