Nauticus Robotics, Inc.
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 15, 2025
KITT$1.35+8.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| Assets | ||||
| Current Assets: | ||||
| Cash and cash equivalents | $1,186,047 | $753,398 | ||
| Restricted certificate of deposit | 52,151 | 201,822 | ||
| Accounts receivable, net | 238,531 | 212,428 | ||
| Inventories | 880,594 | 2,198,797 | ||
| Prepaid expenses | 1,389,434 | 1,889,218 | ||
| Other current assets | 573,275 | 1,025,214 | ||
| Assets held for sale | 750 | 2,940,254 | ||
| Total Current Assets | 4,320,782 | 9,221,131 | ||
| Property and equipment, net | 17,115,246 | 15,904,845 | ||
| Operating lease right-of-use assets, net | 1,094,743 | 834,972 | ||
| Other assets | 154,316 | 187,527 | ||
| Total Assets | $22,685,087 | $26,148,475 | ||
| Liabilities and Stockholders’ Deficit | ||||
| Current Liabilities: | ||||
| Accounts payable | $5,916,693 | $7,035,450 | ||
| Accrued liabilities | 5,602,721 | 7,339,099 | ||
| Contract liability | 346,279 | 2,767,913 | ||
| Operating lease liabilities - current | 435,307 | 244,774 | ||
| Total Current Liabilities | 12,301,000 | 17,387,236 | ||
| Warrant liabilities | 181,913 | 18,376,180 | ||
| Operating lease liabilities - long-term | 768,939 | 574,260 | ||
| Notes payable - long-term, fair value option (related party) | 2,583,832 | - | ||
| Notes payable - long-term, net of discount (related party) | 13,820,366 | 23,833,848 | ||
| Notes payable - long-term, net of discount | 12,531,332 | 7,763,801 | ||
| Other liabilities | 895,118 | - | ||
| Total Liabilities | $43,082,500 | $67,935,325 | ||
| Stockholders’ Deficit: | ||||
| Series A Convertible Preferred Stock $0.0001 par value; 40,000 shares authorized, 35,434 shares issued and 35,034 outstanding. | $4 | $ | - | |
| Common Stock, $0.0001 par value; 625,000,000 shares authorized, 9,761,895 and 1,389,884 shares issued, respectively, and 9,761,895 and 1,389,884 shares outstanding, respectively (As adjusted, see Note 11). | 976 | 139 | ||
| Additional paid-in capital | 233,342,188 | 77,004,714 | ||
| Accumulated other comprehensive loss | (42,229) | - | ||
| Accumulated deficit | (253,698,352) | (118,791,703) | ||
| Total Stockholders’ Deficit | (20,397,413) | (41,786,850) | ||
| Total Liabilities and Stockholders’ Deficit | $22,685,087 | $26,148,475 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.