Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Nauticus Robotics, Inc. reported the quarter ended December 31, 2023 results: revenue $1.1 million, net income $39.5 million, EPS $1.23 per diluted share. Guidance initiated.
- Period
- the quarter ended December 31, 2023
- Revenue
- $1.1 million
- Net income
- $39.5 million
- EPS
- $1.23 per diluted share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Revenue: Nauticus reported fourth quarter revenue of $1.1 million and full year revenue of $6.6 million, compared to $3.2 million and $11.4 million for the prior-year periods. • Operating Expenses: Total expenses during the fourth quarter were $35.3 million, a $24.9 million increase from the prior-year period. Expenses for the year were $61.7 million, a $31.2 million increase from 2022. • Impairment Charges: In the fourth quarter of 2023, Nauticus reported an impairment charge for property plant and equipment of $25.3 million compared to $0 in 2022. • Net Loss: For the fourth quarter, Nauticus recorded a net loss of $39.5 million, or $1.23 per diluted share. This compares with $8.2 million from the same period in 2022. Full year 2023 net loss was $50.7 million compared to $33.2 million for full year 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Nauticus Robotics, Inc. reported the year ended December 31, 2023 results: revenue $6.6 million, net income $50.7 million. Guidance initiated.
- Period
- the year ended December 31, 2023
- Revenue
- $6.6 million
- Net income
- $50.7 million
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Revenue: Nauticus reported fourth quarter revenue of $1.1 million and full year revenue of $6.6 million, compared to $3.2 million and $11.4 million for the prior-year periods. • Operating Expenses: Total expenses during the fourth quarter were $35.3 million, a $24.9 million increase from the prior-year period. Expenses for the year were $61.7 million, a $31.2 million increase from 2022. • Impairment Charges: In the fourth quarter of 2023, Nauticus reported an impairment charge for property plant and equipment of $25.3 million compared to $0 in 2022. • Net Loss: For the fourth quarter, Nauticus recorded a net loss of $39.5 million, or $1.23 per diluted share. This compares with $8.2 million from the same period in 2022. Full year 2023 net loss was $50.7 million compared to $33.2 million for full year 2022.
View on SEC.gov