KULR reports Q4 revenue up 44% to $3.37M, operating loss down 29%

KULR Technology Group, Inc.

Q4 revenue $3.37M (+44% YoY); full-year revenue $10.74M (+9% YoY).
Q4 gross margin improved to 64% from 29% a year ago.
Cash at Dec 31, 2024: $29.83M; Bitcoin holdings $20.28M (668.3 BTC as of Mar 25, 2025).
Key contracts: defense missile PCM heat sink, U.S. Navy ISC cells, space battery K1S on SpaceX 2026.
Regained NYSE American listing compliance; Bitcoin Treasury strategy with up to 90% surplus cash allocation.

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