secwatch.observer — SEC 8-K summary
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Issuer:     KULR Technology Group, Inc. (KULR)
CIK:        0001662684
Form:       8-K
Filed at:   2026-08-13T20:16:09+00:00
Accession:  0001104659-26-095937
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KULR Q2 2026 revenue down 43% to $2.08M; net loss $21.97M on bitcoin fair value loss
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- Revenue fell 43% YoY to $2,080,177; gross margin negative 31% vs 20% a year ago.
- Operating loss widened 19% to $11,204,578; net loss $21,970,816 ($0.47/share) vs net income $8,142,149 ($0.22/share) in Q2 2025.
- Net loss driven by $10,591,667 non-cash fair value loss on bitcoin holdings; company exited Bitcoin mining and repaid Coinbase loan post-quarter.
- Cash balance $12.8M as of June 30, 2026; no shares issued through ATM in H1 2026.
- SG&A down 9% to $6.31M; R&D up 23% to $2.99M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662684/000110465926095937/0001104659-26-095937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662684/000110465926095937/tm2623145d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-095937

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