Company: KITTW
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001849820-25-000128
Chunk: 73

Company: Nauticus Robotics, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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 1Level 2Level 3Financial liabilities:November 2024 Debentures$3,307,758 $- $- $3,307,758 $2,583,832 $- $- $2,583,832 Public Warrants$20,343 $20,343 $- $- $9,080 $9,080 $- $- Private Warrants12,861 - - 12,861 7,884 - - 7,884  SPA Warrants97,821 - - 97,821 164,949 - - 164,949 Total warrant liability$131,025 $20,343 $- $110,682 $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 Debentures723,926 - Change in fair value of warrant liabilities- (62,151)Balance, March 31, 2025$3,307,758 $110,682 

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