Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-Q/A
Source: 0001849820-25-000106
Chunk: 24

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-Q/A
Chunk 24
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 became revenue generating in the third quarter of 2024. The Company is actively pursuing the sale of the remaining assets earmarked for sale and anticipates that the majority will be sold by the end of the fourth quarter of 2024.

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#### NAUTICUS ROBOTICS, INC.

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

#### 7. Accrued Liabilities
Accrued liabilities consisted of the following:

|                                  |     |              | September 30, 
          2024 |     |   | December 31, 
         2023 |
|:---------------------------------|:----|:-------------|--------------:|:----|:--|-------------:|
|                                  |     | -As Restated |               |     |   |              |
| Accrued compensation             |     | $            |       304,481 |     | $ |      618,630 |
| Accrued severance                |     |              |     1,031,731 |     |   |    1,375,000 |
| Accrued professional fees        |     |              |        77,850 |     |   |    1,355,721 |
| Accrued insurance                |     |              |       185,417 |     |   |      876,150 |
| Accrued sales and property taxes |     |              |       695,565 |     |   |      885,292 |
| Accrued royalties                |     |              |       362,500 |     |   |      250,000 |
| Accrued interest                 |     |              |     1,234,519 |     |   |            - |
| Accrued AHFS liability           |     |              |             - |     |   |    1,158,609 |
| Accrued lease termination costs  |     |              |       163,503 |     |   |      657,000 |
| Other accrued expenses           |     |              |        17,062 |     |   |      162,697 |
| Total accrued expenses           |     | $            |     4,072,628 |     | $ |    7,339,099 |

The Hydronaut vessels 2 and 3 are