Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-Q/A
Source: 0001849820-25-000099
Chunk: 4

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-Q/A
Chunk 4
---
 statements are not guarantees of performance and speak only as of the date hereof. There can be no assurance that future developments will be those that have been anticipated or that we will achieve or realize these plans, intentions, or expectations.

All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

In addition, statements of belief and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date they are made, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and you are cautioned not to unduly rely upon these statements.

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

# PART I – FINANCIAL INFORMATION

## ITEM 1. FINANCIAL STATEMENTS

#### NAUTICUS ROBOTICS, INC.

### CONDENSED CONSOLIDATED BALANCE SHEETS
<div align='center'>(UNAUDITED)</div>

|                                                                                                                                                                                                   |     | June 30,     
 2024         |              |     | December 31, 
 2023         |              |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-------------|-------------:|:----|:-------------|-------------:|
|                                                                                                                                                                                                   |     | -As Restated |              |     |              |              |
| Assets                                                                                                                                                                                            |     |              |              |     |              |              |
| Current Assets:                                                                                                                                                                                   |     |              |              |     |              |              |
| Cash and cash equivalents                                                                                                                                                                         |     | $            |    8,122,943 |     | $            |      753,398 |
| Restricted certificate of deposit                                                                                                                                                                 |     |              |       51,223 |     |              |      201,822 |
| Accounts receivable, net                                                                                                                                                                          |     |              |      176,458 |     |              |      212,428 |
| Inventories                                                                                                                                                                                       |     |              |    2,217,507 |     |              |    2,198,797 |
| Contract assets                                                                                                                                                                                   |