---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-24-000114"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T01:14:37.811215+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics Q1 net income $0.4M vs loss a year ago; revenue down to $0.5M

## Summary
- Revenue $0.5M, down 82% YoY from $2.8M; net income $0.4M ($0.01 EPS) vs net loss $14.1M.
- Adjusted net loss $7.4M vs $10.7M in prior-year period; G&A costs down $1.8M to $3.4M.
- Cash $6.2M at March 31, up from $0.8M at Dec 31; raised $13.3M in new financing in Q1.
- Aquanaut Mark 2 tested at >1,300m depth; expects daily revenue from existing contracts beginning Q3 2024.
- Day rates for services expected $25,000–$70,000 per day depending on depth and duration.

## SEC filing metadata
- accession: 0001849820-24-000114
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000114/0001849820-24-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000114/kitt-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-24-000114
- JSON: https://secwatch.observer/filing/0001849820-24-000114.json
- Plain text: https://secwatch.observer/filing/0001849820-24-000114.txt

## Key facts
- Earnings Releases
  Nauticus Robotics, Inc. reported quarter ended March 31, 2024 results: revenue $0.5 million, net income $0.4 million, EPS $0.01 per basic earnings per share.
  - Period: quarter ended March 31, 2024
  - Revenue: $0.5 million
  - Net income: $0.4 million
  - EPS: $0.01 per basic earnings per share
  - Result: reported results
  source text: is increasing enterprise value though the commercialization of complex software platforms. Financial Results Exhibit 99.1 • Revenue: Nauticus reported first-quarter revenue of $0.5 million, compared to $2.8 million for the prior-year period and $1.1 million for the prior quarter. Q1 marks the first time that Nauticus has recognized revenue from commercial sources,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000114/0001849820-24-000114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.