secwatch.observer — SEC 8-K summary
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Issuer:     KULR Technology Group, Inc. (KULR)
CIK:        0001662684
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001104659-22-116495
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662684/000110465922116495/0001104659-22-116495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662684/000110465922116495/tm2230136d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-116495

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer