Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-Q/A
Source: 0001849820-25-000106
Chunk: 10

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-Q/A
Chunk 10
---
              |
| Additional Paid-In Capital                                             |     | $ |   98,628,931 |     | $ |    4,006,345 |     | $ |  102,635,276 |
| Accumulated deficit                                                    |     | $ | -135,108,367 |     | $ |  -34,049,470 |     | $ | -169,157,837 |
| Net income (loss)                                                      |     | $ |  -16,316,664 |     | $ |  -34,049,470 |     | $ |  -50,366,134 |
| Balance at September 30, 2024                                          |     | $ |  -36,505,856 |     | $ |  -30,043,125 |     | $ |  -66,548,981 |

<div align='center'>10</div>

#### NAUTICUS ROBOTICS, INC.

### NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
<div align='center'>(UNAUDITED)</div>

| Condensed Consolidated Statements of Cash Flows:             
 Nine Months ended September 30, 2024                         |     |   |             |     |   |             |     |   |             |
|:-------------------------------------------------------------|:----|:--|------------:|:----|:--|------------:|:----|:--|------------:|
| Net income (loss)                                            |     | $ | -16,316,664 |     | $ | -34,049,470 |     | $ | -50,366,134 |
| Amortization of debt discount                                |     | $ |   5,694,378 |     | $ |  -5,292,768 |     | $ |     401,610 |
| Loss on extinguishment of debt                               |     | $ |           - |     | $ |  78,734,949 |     | $ |  78,734,949 |
| Change in fair value of new convertible debentures           |     | $ |           - |     | $ | -36,113,800 |     | $ | -36,113,800 |
| Changes in accounts payable and accrued liabilities          |     | $ |  -1,072,317 |     | $ |  -3,184,547 |     | $ |  -4,256,864 |
|