secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001849820-25-000111
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus Robotics Q4 net loss $84.5M ($21.59/share); revenue $0.5M, down 55% YoY
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- Full-year 2024 revenue $1.8M vs $6.6M in 2023; adjusted net loss $26.1M vs $34.3M prior year.
- Net loss includes $77.2M non-cash debt/warrant accounting charge in Q4; full-year non-cash $106.4M.
- Restated Q1-Q3 2024 financials due to correction of debt transaction accounting.
- Cash $1.2M at 12/31/24; raised $19.4M via ATM offering of ~7.5M shares in Q1 2025.
- Acquired SeaTrepid in Q1 2025; two Aquanaut vehicles built for 2025 season.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000111/0001849820-25-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000111/kitt-20250415.htm
  HTML page:      https://secwatch.observer/filing/0001849820-25-000111

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