Company: KITTW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001849820-25-000211
Chunk: 76

Company: Nauticus Robotics, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 76
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IAL STATEMENTS(UNAUDITED)

18. Loss Per Share

The following table is the basic and diluted loss per share computation. For all periods presented, weighted average shares and loss per share reflect the effects of the Reverse Stock Split.Three months endedJune 30,Six months ended June 30,2025202420252024Numerator:Net income (loss) for basic earnings per share$(7,454,176)$4,540,975 $(15,021,363)$(68,297,961)Adjustments to net income (loss) available to shareholdersChange in fair value of SPA warrant liabilities- (4,441,987)- - New convertible debentures interest and change in fair value- (7,454,365)- - Convertible secured debentures interest and amortization- 1,326,657 - - Adjusted net loss for diluted earnings per share$(7,454,176)$(6,028,720)$(15,021,363)$(68,297,961) Denominator:Weighted average shares used to compute basic EPS29,007,0291,950,56328,231,5361,667,187Dilutive effect of:Stock options- - - - Restricted and performance stock units- 17,786 - - SPA Warrants- 144,759 - - Convertible debt- 3,251,287 - - Weighted average shares used to compute diluted EPS29,007,029 5,364,395 28,231,536 1,667,187  Basic loss per share$(0.26)$2.33 $(0.53)$(40.97)Diluted loss per share$(0.26)$(1.12)$(0.53)$(40.97) Anti-dilutive securities excluded from shares outstanding:Stock options12,10450,73614,71550,736Restricted and performance stock units126,308165,796134,138165,796Warrants545,419438,889545,419583,648Earnout shares208,333208,333208,333208,333Seatrepid earnout shares6,043,896-6,043,896 -Convertible debt7,982,654-7,982,6543,251,287Series A Convertible Preferred Stock17,849,756-