For the quarter ending 2025-09-30, KULR made $6,884,840 in revenue. -$6,973,915 in net income. Net profit margin of -101.29%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 6,884,840 | 3,972,997 | 2,448,606 | 2,559,849 |
| Cost of revenue | 6,255,960 | 3,259,287 | 2,242,261 | 1,233,290 |
| Gross profit | 628,880 | 713,710 | 206,345 | 1,326,559 |
| Research and development | 2,323,010 | 2,436,754 | 2,449,900 | 1,100,393 |
| Selling, general, and administrative | 6,263,803 | 6,941,599 | 7,200,250 | 4,324,966.5 |
| Impairment expense | - | 786,397 | - | - |
| Credit losses on accounts receivable | 780,643 | - | - | - |
| Total operating expenses | 9,367,456 | 10,164,750 | 9,650,150 | 5,425,359.5 |
| Gain (loss) on debt extinguishment, net | - | - | 50,000 | 2,458.5 |
| Loss from operations | -8,738,576 | -9,451,040 | -9,443,805 | -4,098,800.5 |
| Change in fair value of digital assets | 6,837,563 | 17,367,660 | -9,748,600 | -179,706.5 |
| Impairment of equity investment | 3,325,045 | - | - | - |
| Credit loss on convertible loan receivable | 1,832,690 | - | - | - |
| Amortization of debt discount | - | - | 82,878 | 173,223.5 |
| Interest income | 130,408 | 168,975 | 168,424 | 2,643.75 |
| Change in fair value of accrued issuable equity | 89,815 | 58,678 | 260,598 | -119,738.5 |
| Interest expense | 135,390 | 2,124 | 10,397 | 52,454.25 |
| Total other income (expense), net | 1,764,661 | 17,593,189 | -9,362,853 | -715,868 |
| Net loss | -6,973,915 | 8,142,149 | -18,806,658 | -4,814,668.5 |
| Earnings per share, basic | -0.17 | 0.22 | -0.07 | -0.025 |
| Earnings per share, diluted | -0.17 | 0.22 | -0.07 | -0.025 |
| Weighted average number of shares outstanding, basic | 41,137,530 | 37,273,766 | 279,373,293 | -94,685,064 |
| Weighted average number of shares outstanding, diluted | 41,137,530 | 37,590,336 | 279,373,293 | -94,685,064 |
KULR Technology Group, Inc. (KULR)
KULR Technology Group, Inc. (KULR)