Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001849820-25-000108
Chunk: 115

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 115
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-8

Proceeds from notes payable14,305,000 11,096,884 Payment of debt issuance costs on notes payable(1,316,791)(607,500)Proceeds from November 2024 Debentures2,150,000 - Proceeds from At the Market (ATM) offering9,857,857 - Payment of ATM commissions and fees(499,903)- Proceeds from exercise of warrants- 338,055 Proceeds from exercise of stock options- 421,175 Net cash from financing activities24,496,163 11,248,614 Effect of changes in exchange rates on cash and cash equivalents(42,229)- Net change in cash and cash equivalents432,649 (17,033,761)Cash and cash equivalents, beginning of year753,398 17,787,159 Cash and cash equivalents, end of year$1,186,047 $753,398 Supplemental disclosure of cash flow information:  Cash paid for interest$158,559 $1,006,993 Cash paid for taxes$- $- Non-cash investing and financing activities:Conversion of convertible debt and accrued interest expense to Common Stock$29,741,859 $- Exchange of convertible debt and accrued interest expense to preferred stock$61,429,200 $- Series A preferred stock issued in exchange for convertible debt$110,300,191 $- Exercise of warrants$4,635,257 $- Liabilities relieved through sale of assets held for sale$1,158,609 $- Transfer from assets held for sale to property and equipment$1,093,653 $- Operating leases at inception$1,185,119 $2,016,931 Transfer from inventories to property and equipment$1,376,885 $15,904,411 Transfer from property and equipment to assets held for sale$- $2,940,254 Capital expenditures included in accounts payable$- $849,951 Receivable portion of convertible senior secured note payable$- $695,000 

See accompanying notes to the consolidated financial statements.

F-9