K
Nauticus Robotics, Inc.
KITTCIK 0001849820NasdaqEmerging GrowthGeneral Industrial Machinery & Equipment, NecDelawareFY ends Dec 31
Period
FY 2025
Revenue
$5.27M
Net Income
$-40.83M
Total Assets
—
Equity
—
Shares Out
5.00M
Op. Cash Flow
$-23.00M
Business
Nauticus Robotics develops advanced fully electric autonomous robotic solutions for subsea applications, including autonomous untethered underwater vehicles (AUVs), tethered remotely operated vehicles (ROVs), electric manipulators, and a platform-agnostic robotic operating system. The company offers inspection, intervention, and engineering services for offshore energy, defense, renewables, telecommunications, aquaculture, and oceanographic research markets. Core operations focus on oil and gas and defense sectors in the United States, with expansion efforts in Brazil and the United Arab Emirates.
Summary from 10-K filed 2026-04-15
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Revenue from Contract with Customer, Product and Service [Extensible Enumeration] | — | — | — | — | |
| Cost, Product and Service [Extensible Enumeration] | — | — | — | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-03-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7 | — | 1 | 753,398 | — | |
| Restricted cash | 600,342 | — | 52,151 | — | — | |
| Accounts receivable, net | 378,683 | — | 238,531 | 212,428 | 2 | |
| Inventories | 0 | — | 880,594 | 2 | 7 | |
| Prepaid expenses | 1 | — | 1 | 2 | 5 | |
| Other current assets | 203,025 | — | 574,025 | 1 | 56,410 | |
| Total Current Assets | 9 | — | 4 | 9 | 37 | |
| Property and equipment, net | 22 | — | 17 | 16 | 15 | |
| Operating lease right-of-use assets, net | 559,005 | — | 1 | 834,972 | 317,208 | |
| Goodwill | 10 | 0 | 0 | — | — | |
| Intangible Assets, net | 1 | — | 0 | — | — | |
| Other assets | 91,276 | — | 154,316 | 187,527 | 155,490 | |
| Total Assets | 43 | — | 23 | 26 | 53 | |
| Accounts payable | 3 | — | 6 | 7 | 324,484 | |
| Accrued liabilities | 10 | — | 6 | 7 | 3 | |
| Contract liability | 0 | — | 346,279 | 3 | 0 | |
| Operating lease liabilities - current | 434,200 | — | 435,307 | 244,774 | 410,158 | |
| Notes payable - current | 2 | — | 0 | — | — | |
| Other creditors | 160,110 | — | 0 | — | — | |
| Total Current Liabilities | 35 | — | 12 | 17 | 4 | |
| Warrant liabilities | 11,281 | — | 181,913 | 18 | 33 | |
| Operating lease liabilities - long-term | 203,547 | — | 768,939 | 574,260 | 87,214 | |
| Other liabilities | 0 | — | 895,118 | 0 | — | |
| Total Liabilities | 36 | — | 43 | 68 | 53 | |
| Common Stock, $0.0001 par value; 625,000,000 shares authorized, 28,811,198 and 1,084,655 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively. | 2,881 | — | 108 | 139 | 4,725 | |
| Additional paid-in capital | 331 | — | 233 | 77 | 68 | |
| Accumulated other comprehensive loss | −42,229 | — | −42,229 | 0 | — | |
| Accumulated deficit | −324 | — | −254 | −119 | −68 | |
| Total Stockholders Equity (Deficit) | 7 | — | −20 | −42 | 27,819 | |
| Total Liabilities and Stockholders Equity (Deficit) | 43 | — | 23 | 26 | 53 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 2 | 2 | 729,412 | 516,949 | 365,097 | |
| Accretion of debt discount | 40,253 | 411,705 | 4 | 1 | 29,166 | |
| Amortization of debt issuance cost | 886,504 | 664,690 | 52,092 | 0 | — | |
| Capitalized paid-in-kind (PIK) interest | 696,345 | 900,383 | 0 | — | — | |
| Accretion of exit fee | −9,663 | — | — | — | — | |
| Accretion of exit fee | — | 97,694 | 27,608 | 0 | — | |
| Stock-based compensation | 1 | 2 | 4 | 3 | 425,580 | |
| Change in fair value of warrant liabilities | −170,632 | −14 | −15 | 6 | — | |
| Induced conversion expense | 4 | 0 | — | — | — | |
| Non-cash lease expense | 535,738 | 504,097 | 346,714 | 196,555 | 205,966 | |
| Loss on disposal of assets | 25,788 | 19,202 | 82,604 | 0 | — | |
| Loss on lease termination | 2,639 | 18,721 | — | — | — | |
| Inventory write-off | 500,332 | 0 | — | — | — | |
| Other notes payable adjustments | 0 | 115,394 | 0 | — | — | |
| Accounts receivable | −1,798 | −26,103 | 1 | −828,298 | −721,401 | |
| Inventories | 41,146 | −58,683 | −12 | −7 | — | |
| Other assets | 830,664 | 995,999 | — | −5 | −275,759 | |
| Accounts payable and accrued liabilities | 54,009 | −2 | 8 | −8 | 2 | |
| Contract liabilities | −346,279 | −2 | 3 | 0 | −1 | |
| Operating lease liabilities | −569,139 | −397,375 | −338,979 | −323,434 | — | |
| Other liabilities | −895,118 | 895,118 | 0 | — | — | |
| Net cash used in operating activities | −23 | −24 | −22 | −37 | −8 | |
| Capital expenditures | −961,814 | −501,600 | −12 | −14 | −922,487 | |
| Acquisition of business, net of cash acquired | −4 | 0 | — | — | — | |
| Proceeds from sale of assets held for sale | 0 | 676,177 | 0 | — | — | |
| Proceeds from sale of property and equipment | 150 | 5,705 | 38,704 | 0 | — | |
| Net cash from (used in) investing activities | −5 | 180,282 | −7 | −19 | −922,487 | |
| Proceeds from notes payable | 0 | 14 | 11 | 2 | — | |
| Payment of debt issuance costs on notes payable | 0 | −1 | −607,500 | 0 | — | |
| Proceeds from November 2024 Debentures | 0 | 2 | 0 | — | — | |
| Proceeds from At the Market (ATM) offering, net | 32 | 9 | 0 | 31 | — | |
| Issuance of Series B Preferred Stock | 3 | 0 | — | — | — | |
| Repayment on Ameristate Loan | −86,755 | 0 | 0 | −18 | −484,836 | |
| Net cash from financing activities | 35 | 24 | 11 | 53 | 26 | |
| Effect of changes in exchange rates on cash and cash equivalents | 0 | −42,229 | 0 | — | — | |
| Net change in cash, cash equivalents and restricted cash | 6 | 282,978 | −17 | −3 | 18 | |
| Cash paid for interest | 163,571 | 158,559 | 1 | 3 | 25,909 | |
| Cash paid for taxes | 0 | 0 | 0 | 0 | — | |
| Conversion of Term Loan notes and interest to common stock | 7 | 0 | — | — | — | |
| Conversion of convertible debt to Common Stock | 5 | 30 | 0 | 15 | — | |
| Issuance of Series B preferred stock | 3 | 0 | 0 | — | — | |
| Transfer from inventories to property and equipment | 414,416 | 1 | 16 | 0 | — | |
| Debt assumed in acquisition | 2 | 0 | — | — | — | |
| Deemed dividend | 28 | 0 | — | — | — | |
| Exchange of convertible debt and accrued interest expense to preferred stock | 0 | 61 | 0 | — | — | |
| Exercise of warrants | 0 | 5 | — | — | — | |
| Liabilities relieved through sale of assets held for sale | 0 | 1 | 0 | — | — | |
| Transfer from assets held for sale to property and equipment | 0 | 1 | 0 | — | — | |
| Operating leases at inception | 0 | 1 | 2 | 0 | — |
Filings
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Frequently asked questions
What is Nauticus Robotics, Inc.'s CIK number?
Nauticus Robotics, Inc.'s SEC CIK number is 0001849820 (1849820). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Nauticus Robotics, Inc.'s SEC filings?
All of Nauticus Robotics, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.