For the quarter ending 2025-09-30, KITT made $1,976,795 in revenue. -$6,639,948 in net income. Net profit margin of -335.89%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenue | 1,976,795 | 2,075,566 | 165,256 | 370,187 |
| Cost of revenue (exclusive of items shown separately below) | 4,266,894 | 3,504,043 | 1,238,957 | 2,648,019 |
| Depreciation | 590,820 | 574,563 | 480,376 | 446,087 |
| Research and development | 0 | 0 | - | - |
| General and administrative | 2,997,001 | 4,368,187 | 4,309,686 | 2,845,956 |
| Total costs and expenses | 7,854,715 | 8,446,793 | 6,029,019 | 5,940,062 |
| Operating loss | -5,877,920 | -6,371,227 | -5,863,763 | -5,569,875 |
| Other (income) expense, net | -2,883 | -52,461 | 87,397 | -2,278,909 |
| Gain on lease termination | 0 | 0 | - | - |
| Foreign currency transaction loss | -48,807 | -274 | -3,267 | -11,833 |
| Loss on extinguishment of debt | 0 | 0 | - | - |
| Change in fair value of warrant liabilities | -103,607 | 8,757 | -50,888 | -615,505 |
| Fair value adjustment of convertible debt-New Convertible Secured Debentures | 0 | 0 | - | - |
| Fair value adjustment of convertible debt-Convertible Secured Debentures November2024Debentures | -407,938 | -187,866 | - | - |
| Change in fair value of debentures | - | - | 723,926 | - |
| Interest expense, net | 1,221,883 | 1,209,323 | 1,114,516 | 4,111,844 |
| Total other (income) expense, net | -762,028 | -1,082,949 | -1,703,424 | -5,787,081 |
| Net income (loss) | -6,639,948 | -7,454,176 | -7,567,187 | -11,356,956 |
| Basic EPS | -2.6 | -0.26 | -0.28 | -4.24 |
| Diluted EPS | -2.6 | -0.26 | -0.28 | -4.24 |
| Basic Average Shares | 3,878,466 | 29,007,029 | 27,447,425 | 2,676,003 |
| Diluted Average Shares | 3,878,466 | 29,007,029 | 27,447,425 | 2,676,003 |
Nauticus Robotics, Inc. (KITT)
Nauticus Robotics, Inc. (KITT)