Company: KITTW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001849820-25-000211
Chunk: 79

Company: Nauticus Robotics, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 79
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 7,884  SPA Warrants96,322 - - 96,322 164,949 - - 164,949 Total warrant liability$139,782 $31,778 $- $108,004 $181,913 $9,080 $- $172,833 Non-recurring fair value instruments:Series A Preferred Stock$110,300,391 $- $- $110,300,391 Fair Value as of March 20, 2025Fair Value as of December 31, 2024Carrying ValueLevel 1Level 2Level 3Carrying ValueLevel 1Level 2Level 3SeaTrepid Acquisition:Land$444,435 $- $444,435 $- $- $- $- $- Buildings$970,904 $- $970,904 $- $- $- $- $- Machinery and equipment$4,753,964 $- $- $4,753,964 $- $- $- $- Earnout shares$6,864,729 $- $- $6,864,729 $- $- $- $- The following table sets forth a summary of the changes in fair value of the Company’s financial liabilities categorized within Level 3:November 2024 DebenturesWarrant Liability Balance, December 31, 2024$2,583,832 $172,833 Change in fair value of November 2024 Debentures536,060 - Change in fair value of warrant liabilities- (64,829)Balance, June 30, 2025$3,119,892 $108,004 

20. Subsequent Events

ATMOn June 30, 2025, the Company commenced an “at-the-market” (ATM) offering under a previously filed shelf registration statement. As of the filing date of this Quarterly Report on Form 10-Q, we have issued and sold 2,008,713 shares, for gross 

34

Table of ContentsNAUTICUS ROBOTICS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

proceeds of $2,063,374 and net proceeds of