secwatch.observer — SEC 8-K summary
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Issuer:     KULR Technology Group, Inc. (KULR)
CIK:        0001662684
Form:       8-K
Filed at:   2026-05-14T20:16:36+00:00
Accession:  0001104659-26-061192
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KULR Q1 revenue up 98% YoY to $4.85M; net loss widens to $28.1M on bitcoin MTM
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- Revenue $4.85M vs $2.45M YoY (+98%); gross margin improved to 29% from 8%.
- Operating loss narrowed 22% to $7.39M from $9.44M; SG&A down 9%, R&D down 28%.
- Net loss $28.1M ($0.61/sh) includes $20.8M non-cash bitcoin mark-to-market loss.
- Cash balance $19.0M as of May 13, 2026; no specific guidance provided.
- Management cites growing customer traction and improved cost discipline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662684/000110465926061192/0001104659-26-061192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662684/000110465926061192/tm2614693d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-061192

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