---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-116495"
form_type: "8-K"
ticker: "KULR"
cik: "0001662684"
company_name: "KULR Technology Group, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:28:40.811355+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KULR reports record Q3 2022 revenue of $1.4M but net loss widens to $5.6M

## Summary
- Revenue of $1.4M, record quarter, up 133% YoY from $0.6M.
- Net loss of $5.6M ($0.05 per share), vs $3.1M ($0.03) YoY; operating loss $5.0M.
- Gross margin fell to 33% from 74% due to higher labor and component costs.
- Cash $16.2M at Sep 30, 2022, up from $14.9M at Dec 31, 2021.
- Operational highlights: Phase 2 for Lockheed Martin, orders from DoD, Fortune 20, Fortune 500, SafeCase DoT approval.

## SEC filing metadata
- accession: 0001104659-22-116495
- form_type: 8-K
- ticker: KULR
- cik: 0001662684
- company_name: KULR Technology Group, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662684/000110465922116495/0001104659-22-116495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662684/000110465922116495/tm2230136d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-116495
- JSON: https://secwatch.observer/filing/0001104659-22-116495.json
- Plain text: https://secwatch.observer/filing/0001104659-22-116495.txt

## Key facts
- Earnings Releases
  KULR Technology Group, Inc. reported the third quarter ended September 30, 2022 results: revenue $1.4 million, net income $5.6 million, or a loss of $0.05 per share, EPS $0.05 per share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $1.4 million
  - Net income: $5.6 million, or a loss of $0.05 per share
  - EPS: $0.05 per share
  - Result: reported results
  source text: results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Results Revenues: In the third quarter ended September 30, 2022, revenue increased to $1.4 million from $0.6 million reported in the same period last year. The increase in revenue was primarily due to an increase in contract services and product sales revenues in the quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662684/000110465922116495/0001104659-22-116495-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.