Aron Schwartz
Effective June 6, 2025, the Board of Directors (the “Board”) of the Company increased the number of directors to five and appointed Messrs. Shawn Canter and Aron Schwartz to serve as members of the board of directors of the Company.
Highest-materiality recent filing
KULR Q1 revenue up 98% YoY to $4.85M; net loss widens to $28.1M on bitcoin MTM
Revenue $4.85M vs $2.45M YoY (+98%); gross margin improved to 29% from 8%.
Dr. Joanna Massey, Donna Grier, Aron Schwartz, Shawn Canter removed from board effective immediately by majority stockholder written consent.
KULR reports Q4 net loss $44.3M; full-year revenue up 51% but bitcoin loss weighs
Q4 revenue $2.86M (-15% YoY); full-year revenue $16.17M (+51% YoY).
KULR awarded 5-year battery supply deal with Caban Energy; estimated $30M revenue
Five-year preferred battery supply agreement with Caban Energy for estimated $30M total revenue starting 2026.
KULR announces joint development collaboration for $100M AI server rack battery backup unit
Entered joint development collaboration with leading global battery-cell manufacturer to co-develop next-gen KULR ONE MAX BBU for AI data centers.
KULR joins OCP as Platinum Member; targets AI data center energy infrastructure with rack-level BBUs
KULR joins Open Compute Project as a Platinum Member, entering AI data center market with rack-level Battery Backup Units (BBUs).
Developed next-gen 400V battery system for Counter-UAS Directed Energy under purchase order; complete design package and prototype built in 5 weeks.
KULR Q3 revenue up 116% to $6.88M but net loss widens to $6.97M; gross margin drops to 9%
Revenue increased 116% to $6.88M from $3.18M YoY; product sales up 112% to $1.62M.
KULR partners with Soluna for 3.3 MW Bitcoin mining hosting at Kentucky facility
Soluna to operate 3.3 MW of Bitcoin mining capacity for KULR at Project Sophie in Kentucky.
KULR partners with Amprius and Molicel to launch K1A battery for unmanned aircraft
Partnerships with Amprius (AMPX) and Molicel to power KULR ONE Air (K1A) battery line for UAS.
KULR Q2 revenue +63% to $3.97M; net income $8.14M on bitcoin gains; holds 1,021 BTC
Revenue $3.97M (+63% YoY); product sales $1.98M (+74%).
KULR draws $8M loan, acquires $10M BTC; YTD BTC Yield 291.2%, total 1,021 BTC
Borrowed $8M under Coinbase-backed credit facility; secured by 166 BTC at ~156% collateral coverage, 8% loan fee.
KULR deploys 3,570 Bitcoin miners in Paraguay, reaches 750 PH/s; targets 1.25 EH/s
Deployed 3,570 Bitmain S19 XP 140T machines in Paraguay, raising operational capacity to 750 PH/s across multiple sites.
KULR secures $20M bitcoin-backed credit facility with Coinbase to fund BTC accumulation
Enters $20M multi-draw loan facility with Coinbase Credit, subsidiary of Coinbase Global (COIN).
KULR expands board to five, names new GC with $350k salary and 1.5M RSUs
Shawn Canter (CFO) and Aron Schwartz appointed to board; Schwartz receives $95k/yr + 105,040 RSUs, Canter no extra pay.
KULR joins Bitcoin for Corp initiative, buys $13M BTC; total 920 BTC at avg $98,760
Acquired 118 BTC for ~$13M at $107,861/coin; total holdings now 920 BTC at avg $98,760.
KULR enters ATM equity offering agreement to sell up to $300M of common stock
Controlled Equity Offering Sales Agreement with Cantor Fitzgerald (sole agent) and Craig-Hallum executed June 9, 2025.
KULR to join Russell 3000 Index effective June 30, 2025
Membership in the Russell 3000 Index begins after U.S. market opens on June 30, 2025.
KULR adds $9M in bitcoin at $103,234 each; total holdings reach 800.3 BTC; YTD BTC Yield 220.2%
Acquired ~83.33 additional bitcoin for ~$9M at weighted avg price $103,234/BTC.
Effective June 6, 2025, the Board of Directors (the “Board”) of the Company increased the number of directors to five and appointed Messrs. Shawn Canter and Aron Schwartz to serve as members of the board of directors of the Company.
Effective June 6, 2025, the Board of Directors (the “Board”) of the Company increased the number of directors to five and appointed Messrs. Shawn Canter and Aron Schwartz to serve as members of the board of directors of the Company.
Max materiality 0.80 · Median 0.60 · Most common event other_material