For the quarter ending 2026-03-31, KITTW has $40,209,438 in assets. $35,962,203 in debts. $5,285,230 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Accounts receivable unbilled | - | - | 283,210 | - |
| Inventories | - | 0 | 914,748 | 913,341 |
| Restricted certificate of deposit | - | - | 53,411 | 53,023 |
| Cash and cash equivalents | 5,285,230 | 7,016,610 | 5,492,350 | 2,663,404 |
| Assets held for sale | - | - | 0 | 0 |
| Restricted cash | 602,796 | 600,342 | - | - |
| Accounts receivable, net | 0 | 378,683 | 1,097,224 | 2,283,131 |
| Prepaid expenses | 1,511,810 | 1,055,324 | 1,666,462 | 1,446,376 |
| Other current assets | 190,533 | 203,025 | 81,706 | 607,491 |
| Total current assets | 7,590,369 | 9,253,984 | 9,589,111 | 7,966,766 |
| Property and equipment, net | 21,251,878 | 21,827,769 | 21,648,667 | 22,238,369 |
| Operating lease right-of-use assets, net | 467,140 | 559,005 | 800,419 | 900,292 |
| Other assets | 71,290 | 91,276 | 122,625 | 123,465 |
| Goodwill | 9,600,745 | 9,600,745 | 10,652,389 | 10,652,389 |
| Gross carrying amount | 1,429,400 | 1,429,400 | - | - |
| Accumulated amortization | 201,384 | 152,484 | - | - |
| Intangible assets, net | 1,228,016 | 1,276,916 | - | - |
| Total assets | 40,209,438 | 42,609,695 | 42,813,211 | 41,881,281 |
| Accounts payable | 1,158,759 | 3,128,459 | 4,392,396 | 5,715,381 |
| Contract liability | - | 0 | 343,493 | 343,493 |
| Accrued liabilities | 9,667,067 | 10,139,275 | 11,244,825 | 9,389,088 |
| Operating lease liabilities - current | 446,572 | 434,200 | 472,543 | 459,249 |
| Notes payable - current | 2,873,598 | 2,296,627 | 2,376,635 | 2,403,163 |
| Notes payable - current, fair value option-Related Party | - | - | 2,711,954 | - |
| November 2024 debentures - current, fair value option (related party)-Related Party | 1,298,728 | 163,672 | - | - |
| Senior secured convertible term loan - current, net of discount-Related Party | 14,752,299 | 14,113,871 | 11,300,828 | - |
| Senior secured convertible term loan - current, net of discount-Nonrelated Party | 4,974,978 | 4,939,247 | 13,647,910 | - |
| Notes payable - long-term, fair value option-Related Party | - | - | 0 | - |
| November 2024 debentures - long-term, fair value option (related party)-Related Party | - | 0 | - | - |
| Other creditors | - | 160,110 | - | - |
| Other liabilities | 178,188 | - | - | - |
| Senior secured convertible term loan - long-term, net of discount-Related Party | - | 0 | 0 | - |
| Total current liabilities | 35,350,189 | 35,375,461 | 46,490,584 | 18,310,374 |
| Senior secured convertible term loan - long-term, net of discount-Nonrelated Party | - | 0 | 0 | - |
| Other liabilities | - | 0 | 0 | 895,118 |
| Warrant liabilities | 8,262 | - | - | - |
| Operating lease liabilities - long-term | 87,925 | 203,547 | 409,438 | 533,981 |
| Notes payable - long-term, fair value option-Related Party | - | - | - | 3,119,892 |
| Notes payable - long-term, net of discount-Related Party | - | - | - | 11,126,061 |
| Notes payable - long-term, net of discount-Nonrelated Party | - | - | - | 13,431,413 |
| Derivative liability | 515,827 | 11,281 | 36,175 | 139,782 |
| Total liabilities | 35,962,203 | 35,590,289 | 46,936,197 | 47,556,621 |
| Convertible preferred stock-Series APreferred Stock | 1 | 1 | 1 | - |
| Convertible preferred stock-Series BPreferred Stock | 0 | 0 | 0 | - |
| Series a convertible preferred stock 0.0001 par value 40,000 shares authorized, 35,434 shares issued at june 30, 2025 and december 31, 2024 and 18,296 and 35,034 outstanding at june 30, 2025 and december 31, 2024, respectively | - | - | - | 2 |
| Convertible preferred stock-Series CPreferred Stock | 0 | 0 | - | - |
| Common stock, 0.0001 par value 625,000,000 shares authorized and 4,291,998 and 3,601,400 shares issued and outstanding at march31, 2026 and december31, 2025, respectively. | 429 | 2,881 | 643 | 3,739 |
| Additional paid-in capital | 337,266,475 | 330,578,863 | 274,705,968 | 263,082,863 |
| Accumulated other comprehensive income | -42,229 | -42,229 | -42,229 | -42,229 |
| Accumulated deficit | -332,977,441 | -323,520,110 | -278,787,369 | -268,719,715 |
| Total stockholders equity | 4,247,235 | 7,019,406 | -4,122,986 | -5,675,340 |
| Total liabilities and stockholders equity | 40,209,438 | 42,609,695 | 42,813,211 | 41,881,281 |
Nauticus Robotics, Inc. (KITTW)
Nauticus Robotics, Inc. (KITTW)