secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001849820-25-000131
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus Robotics Q1 revenue $0.2M, net loss $7.6M; completes SeaTrepid acquisition
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- Revenue $0.2M vs $0.5M YoY; net loss $7.6M (EPS -$0.28) vs $72.8M in Q1 2024.
- Completed $14.4M acquisition of SeaTrepid on March 20, 2025; expects combined biz to exceed FY2024 revenue in H1 2025.
- Cash and equivalents $10.1M as of March 31, 2025, up from $1.2M at Dec 31, 2024; raised $19.4M via ATM offerings.
- Adjusted net loss $6.6M vs $6.4M prior year; G&A costs $4.3M vs $3.4M prior year.
- Operational milestones: one ROV on contract, two Aquanauts in testing; software release for work-class ROVs ready.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000131/0001849820-25-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000131/kitt-20250515.htm
  HTML page:      https://secwatch.observer/filing/0001849820-25-000131

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