Company: KITTW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001849820-25-000211
Chunk: 27

Company: Nauticus Robotics, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 at June 30, 2025 and December 31, 2024, respectively.$2 $4 Common stock, $0.0001 par value; 625,000,000 shares authorized, 37,404,948 and 9,761,895 shares issued at June 30, 2025 and December 31, 2024, respectively, and 37,404,948 and 9,761,895 shares outstanding at June 30, 2025 and December 31, 2024, respectively 3,739 976 

1

Additional paid-in capital 263,082,863 233,342,188 Accumulated other comprehensive loss(42,229)(42,229)Accumulated deficit(268,719,715)(253,698,352)Total Stockholders’ Equity (Deficit)(5,675,340)(20,397,413)Total Liabilities and Stockholders’ Deficit$41,881,281 $22,685,087 

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

2

NAUTICUS ROBOTICS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

Three months endedJune 30,Six months ended June 30,2025202420252024Revenue:Service$2,075,566 $501,708 $2,240,822 $966,062 Total revenue2,075,566 501,708 2,240,822 966,062      Costs and expenses:    Cost of revenue (exclusive of items shown separately below)3,504,043 2,875,394 4,743,000 4,969,349 Depreciation574,563 411,586 1,054,939 837,771 Research and development- - - 63,534 General and administrative4,368,187 3,227,288 8,677,873 6,657,298 Total costs and expenses8,446,793 6,514,268 14,475,812 12,527,952  Operating loss(6,371,227)(6,012,560)(12,234,990)(11,561,890) Other (income) expense, net:Other income, net52,461 118,274 (34