| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Prepaid expenses and other current assets | 5,347,946 | |||
| Inventory | 772,123 | |||
| Accounts receivable unbilled, current portion | 286,785 | |||
| Cash | 20,570,108 | |||
| Inventory deposits | 198,604 | |||
| Accounts receivable billed, current portion | 3,872,267 | |||
| Total current assets | 31,047,833 | |||
| Property and equipment, net | 3,519,508 | |||
| Operating lease right-of-use assets | 1,637,559 | |||
| Intangible assets, net | 505,951 | |||
| Finance lease right-of-use asset, net | 6,215 | |||
| Equity investments | 3,325,045 | |||
| Security deposits | 48,158 | |||
| Deferred financing costs | 381,097 | |||
| Digital assets | 99,489,102 | |||
| Accounts receivable unbilled, non-current portion | 1,425,404 | |||
| Equipment deposits | 77,340 | |||
| Total assets | 141,463,212 | |||
| Operating lease liabilities, current portion | 490,556 | |||
| Finance lease liability, current portion | 2,505 | |||
| Deferred revenue | 23,641 | |||
| Accounts payable | 1,812,700 | |||
| Accrued issuable equity | 182,970 | |||
| Accrued expenses and other current liabilities | 1,231,467 | |||
| Total current liabilities | 3,743,839 | |||
| Operating lease liabilities, non-current portion | 1,267,068 | |||
| Finance lease liability, non-current portion | 2,589 | |||
| Total liabilities | 5,013,496 | |||
| Treasury stock, at cost 21,922 and 16,395 shares held at june 30, 2025 and december 31, 2024, respectively | 393,744 | |||
| Accumulated deficit | -94,475,732 | |||
| Preferred stock-Series DPreferred Stock | 0 | |||
| Preferred stock-Series CPreferred Stock | 0 | |||
| Preferred stock-Series APreferred Stock | 100 | |||
| Preferred stock-Series BConvertible Preferred Stock | 0 | |||
| Preferred stock | 0 | |||
| Common stock, 0.0001 par value, 500,000,000 shares authorized 39,475,214 and 39,453,292 shares issued and outstanding at june 30, 2025, respectively 33,100,207 and 33,083,812 shares issued and outstanding at december 31, 2024, respectively | 3,948 | |||
| Additional paid-in capital | 231,315,144 | |||
| Total stockholders' equity | 136,449,716 | |||
| Total liabilities and stockholders' equity | 141,463,212 | |||
KULR Technology Group, Inc. (KULR)
KULR Technology Group, Inc. (KULR)