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Nauticus Robotics
(NASDAQ:KITT)
Nauticus Robotics (KITT) vs. SPDR S&P 500 ETF (SPY)
Nauticus Robotics Business Overview & Revenue Model
Nauticus Robotics Earnings Call Summary
Nauticus Robotics Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.69M | 1.81M | 6.61M | 11.43M | 8.59M | 3.99M |
| Gross Profit | -6.01M | -7.92M | -5.32M | -428.90K | 1.74M | -65.55K |
| EBITDA | -141.95M | -127.72M | -41.18M | -24.03M | -6.15M | -8.34M |
| Net Income | -140.25M | -134.91M | -50.69M | -28.26M | -15.13M | -7.19M |
Balance Sheet | ||||||
| Total Assets | 42.81M | 22.69M | 26.15M | 52.60M | 25.17M | 5.33M |
| Cash, Cash Equivalents and Short-Term Investments | 5.49M | 1.19M | 753.40K | 22.75M | 20.95M | 3.30M |
| Total Debt | 30.92M | 30.14M | 32.42M | 16.42M | 28.78M | 4.64M |
| Total Liabilities | 46.94M | 43.08M | 67.94M | 52.58M | 31.78M | 6.76M |
| Stockholders Equity | -4.12M | -20.40M | -41.79M | 27.82K | -6.61M | -1.43M |
Cash Flow | ||||||
| Free Cash Flow | -23.10M | -24.70M | -33.32M | -51.52M | -6.85M | -4.50M |
| Operating Cash Flow | -23.02M | -24.20M | -21.69M | -37.27M | -5.92M | -4.50M |
| Investing Cash Flow | -3.71M | 180.28K | -6.59M | -19.21M | -922.49K | 996.48K |
| Financing Cash Flow | 29.32M | 24.50M | 11.25M | 53.32M | 24.50M | 2.54M |
Nauticus Robotics Technical Analysis
Nauticus Robotics Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
49 Neutral | $5.82B | -6.40 | -59.13% | ― | ― | 11.14% | |
48 Neutral | $195.92M | -0.43 | -98.87% | ― | -82.36% | 56.88% | |
44 Neutral | $12.64M | >-0.01 | ― | ― | 95.38% | 45.87% | |
42 Neutral | $33.89M | -0.70 | -142.81% | ― | -30.18% | 80.43% | |
41 Neutral | $12.63M | -0.06 | ― | ― | -63.81% | 81.84% | |
25 Underperform | $560.62M | -0.56 | ― | ― | ― | ― |
Nauticus Robotics Corporate Events
On December 3, 2025, Nauticus Robotics entered into Amendment and Exchange Agreements with institutional investors, allowing the exchange of certain secured convertible term loans and original issue discount senior secured convertible debentures into 3,814 shares of Series C preferred convertible stock. This strategic move, executed under the exemption from registration provided by the Securities Act, involved filing a certificate of designations with the Secretary of State of Delaware, potentially impacting the company’s financial structure and investor relations.
Nauticus Robotics, Inc. received a deficiency letter from Nasdaq on October 16, 2025, due to its market value falling below the required threshold for continued listing. The company has taken several actions to address this, including offering additional shares of common stock and converting debt to equity, resulting in a significant increase in shareholder equity. These measures aim to regain compliance with Nasdaq’s listing rules and strengthen the company’s financial position.
On December 3, 2025, Nauticus Robotics, Inc. entered into Amendment and Exchange Agreements with institutional investors to exchange portions of its secured convertible term loans and senior secured convertible debentures into Series C preferred convertible stock. This strategic move aims to restructure the company’s financial obligations and involves amendments to the Securities Purchase Agreement, including plans for stockholder meetings to approve reverse stock splits and an increase in authorized shares. The Series C Preferred Stock will have a stated value of $1,000 per share, offer a 10% annual dividend, and provide conversion rights into common stock, potentially impacting the company’s capital structure and market positioning.
On November 21, 2025, Nauticus Robotics, Inc. held a special meeting of stockholders where key decisions were made regarding the company’s stock. The stockholders approved the issuance of common stock upon conversion of Series B Convertible Preferred Stock and agreed to adjourn the meeting if necessary for further proxy votes. However, a proposal to increase authorized common stock from 625 million to 5 billion shares did not pass due to insufficient votes, despite a majority of votes cast being in favor.
Nauticus Robotics has filed a legal opinion from Norton Rose Fulbright US LLP related to a previously reported at-the-market offering. This filing, made as Exhibit 5.1 in a Current Report on Form 8-K, follows an earlier report filed on May 20, 2024.
Nauticus Robotics, Inc. has filed a Current Report on Form 8-K, which includes an opinion from Norton Rose Fulbright US LLP regarding a previously reported at-the-market offering. Additionally, the report contains a consent from Whitley Penn related to the company’s Registration Statement on Form S-3/A.
On October 24, 2025, Nauticus Robotics entered into an equity purchase facility agreement with an institutional investor to sell up to $250 million of its common stock over a 24-month period. This agreement allows Nauticus to control the timing and amount of stock sales, potentially aiding its financial strategy and market positioning. Additionally, on October 27, 2025, Nauticus announced an agreement to convert $3.7 million of debt into common equity, aiming to deleverage its balance sheet and comply with NASDAQ requirements, which could have significant implications for its financial health and stakeholder confidence.
On October 16, 2025, Nauticus Robotics, Inc. received a deficiency letter from Nasdaq indicating that the company had not met the market value and equity requirements for continued listing on The Nasdaq Capital Market. The company had previously faced similar issues in February 2024 and was granted exceptions to comply by February 2025. Although Nauticus Robotics demonstrated compliance with the equity rule in February 2025, it remains under a Panel Monitor until February 2026. The company is exploring options to regain compliance, but there is no assurance of further extensions or compliance with listing requirements.
Nauticus Robotics has filed a legal opinion from Norton Rose Fulbright US LLP regarding their at-the-market offering, which was previously reported in a filing on May 20, 2024. This filing provides additional legal context for the company’s financial activities and may influence stakeholder perceptions of its market strategies.