For the quarter ending 2025-09-30, KULR has $156,062,814 in assets. $8,105,188 in debts. $20,588,596 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 20,588,596 | 20,570,108 | ||
| Accounts receivable billed, current portion | 2,956,726 | 3,872,267 | ||
| Accounts receivable unbilled, current portion | 490,223 | 286,785 | ||
| Grant receivable | 501,032 | - | ||
| Inventory | 784,609 | 772,123 | ||
| Inventory deposits | 457,892 | 198,604 | ||
| Prepaid expenses and other current assets | 2,749,049 | 5,347,946 | ||
| Total current assets | 28,528,127 | 31,047,833 | ||
| Digital assets | 112,539,271 | 99,489,102 | ||
| Digital assets held as collateral | 7,983,990 | - | ||
| Accounts receivable unbilled, non-current portion | 1,180,129 | 1,425,404 | ||
| Property and equipment, net | 3,461,267 | 3,519,508 | ||
| Equity investments | - | 3,325,045 | ||
| Equipment deposits | 59,763 | 77,340 | ||
| Security deposits | 48,158 | 48,158 | ||
| Intangible assets, net | 470,377 | 505,951 | ||
| Operating lease right-of-use assets, net | 1,476,478 | 1,637,559 | ||
| Finance lease right-of-use asset, net | 5,826 | 6,215 | ||
| Deferred financing costs | 309,428 | 381,097 | ||
| Total assets | 156,062,814 | 141,463,212 | ||
| Accounts payable | 1,237,837 | 1,812,700 | ||
| Accrued expenses and other current liabilities | 1,300,059 | 1,231,467 | ||
| Loan payable | 3,800,000 | - | ||
| Accrued issuable equity | 152,740 | 182,970 | ||
| Operating lease liabilities, current portion | 414,436 | 490,556 | ||
| Finance lease liability, current portion | 2,526 | 2,505 | ||
| Deferred revenue | 21,489 | 23,641 | ||
| Total current liabilities | 6,929,087 | 3,743,839 | ||
| Operating lease liabilities, non-current portion | 1,174,152 | 1,267,068 | ||
| Preferred stock-Series DPreferred Stock | - | 0 | ||
| Finance lease liability, non-current portion | 1,949 | 2,589 | ||
| Preferred stock-Series CPreferred Stock | - | 0 | ||
| Total liabilities | 8,105,188 | 5,013,496 | ||
| Preferred stock-Series APreferred Stock | 100 | 100 | ||
| Preferred stock-Series BConvertible Preferred Stock | - | 0 | ||
| Preferred stock | - | 0 | ||
| Common stock, 0.0001 par value, 500,000,000 shares authorized 42,636,858 and 42,614,936 shares issued and outstanding at september 30, 2025, respectively 33,100,207 and 33,083,812 shares issued and outstanding at december 31, 2024, respectively | 4,264 | 3,948 | ||
| Additional paid-in capital | 249,796,653 | 231,315,144 | ||
| Treasury stock, at cost 21,922 and 16,395 shares held at september 30, 2025 and december 31, 2024, respectively | 393,744 | 393,744 | ||
| Accumulated deficit | -101,449,647 | -94,475,732 | ||
| Total stockholders' equity | 147,957,626 | 136,449,716 | ||
| Total liabilities and stockholders' equity | 156,062,814 | 141,463,212 | ||
KULR Technology Group, Inc. (KULR)
KULR Technology Group, Inc. (KULR)