Company: KITTW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001849820-25-000211
Chunk: 3

Company: Nauticus Robotics, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 3
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1,140,899 35%8,677,873 6,657,298 2,020,575 30 %Total costs and expenses8,446,793 6,514,268 1,932,525 30%14,475,812 12,527,952 1,947,860 16 %     Operating loss(6,371,227)(6,012,560)358,667 6%(12,234,990)(11,561,890)673,100 6 %     Other (income) expense:   Other (income) expense, net52,461 118,274 (65,813)56%(34,936)21,801 (56,737)-260 %Gain on lease termination- (8,532)8,532 100%- (23,897)23,897 -100 %Foreign currency transaction loss274 4,296 (4,022)-94%3,541 9,443 (5,902)-63 %Loss on extinguishment of debt- - - 0%- 78,734,949 (78,734,949)100 %Change in fair value of warrant liabilities8,757 (4,422,701)4,431,458 100%(42,131)(12,732,324)12,690,193 100 %Change in fair value of New Convertible Debentures- (7,410,303)7,410,303 100%- (11,914,729)11,914,729 100 %Change in fair value of November 2024 Debentures(187,866)- (187,866)-100%536,060 - 536,060 -100 %Interest expense, net1,209,323 1,165,431 43,892 4%2,323,839 2,640,828 (316,989)-12 %    Net income (loss)$(7,454,176)$4,540,975 $11,995,151 -264%$(15,021,363)$(68,297,961)$(53,276,598)-78 %

Revenue. For the three and six months ended June 30, 2025, revenue increased $1,573,858 or 314