Company: KITTW
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001849820-25-000128
Chunk: 27

Company: Nauticus Robotics, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 27
---
606  Net loss$(7,567,187)$(72,838,936)Basic and diluted loss per share (As adjusted, see Note 18)$(0.28)$(58.75)Basic and diluted weighted average shares outstanding (As adjusted, see Note 18)27,447,4251,239,881

The accompanying notes are an integral part of these condensed consolidated financial statements.

3

NAUTICUS ROBOTICS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES OF STOCKHOLDERS’ EQUITY (DEFICIT)

(UNAUDITED)

Series A Preferred StockCommon StockAdditional Paid-inCapital Accumulated Other Comprehensive LossAccumulated Deficit Total Stockholders’ Equity(Deficit)SharesAmountSharesAmount(As adjusted, see Note 13)Balance at December 31, 2023-$- 1,389,884$139 $77,004,714 $- $(118,791,703)$(41,786,850)Stock-based compensation---- 530,655 - - 530,655 Vesting of RSUs--43,9224 (4)- - - Exercise of warrants--158,33316 1,339,638 - - 1,339,654 Net loss---- - - (72,838,936)(72,838,936)Balance at March 31, 2024 -$- 1,592,139$159 $78,875,003 $- $(191,630,639)$(112,755,477)Balance at December 31, 202435,034$4 9,761,895$976 $233,342,188 $(42,229)$(253,698,352)$(20,397,413)Stock-based compensation---- 312,679 - - 312,679 Conversion of notes payable to Common Stock--1,805,392181 2,870,392 - - 2,870,573 Conversion of Series A Preferred Stock to Common Stock(15,188)(2)16,018,2111,601 (1,599)- - - At the Market (ATM) share offering--7,488,822749 19,437,372 - - 19,438,121 Earnout shares (contingent)