KULR Technology Group, Inc. (KULR) Form 10-Q — May 14, 2026
KULR Technology Group reported a net loss of $28.1 million for the first quarter of 2026, driven primarily by a $20.8 million unrealized loss on its Bitcoin treasury holdings. Revenue nearly doubled year-over-year to $4.8 million, supported by growth in product sales and a new $1.4 million grant from the Texas Space Commission, but operating expenses remained high at $8.8 million. The company faces significant liquidity and governance risks. It recorded a $500,000 credit loss on its Auto-Vibe automotive assets and has paused its At-The-Market equity offering.
Key figures
- Revenue
- 4846430
- Total Debt
- 5000000
- Revenue Yoy
- 98%
- Total Assets
- 105508841
- Cash Position
- 7676308
- Shares outstanding
- 46257165
- Bitcoin holdings usd
- 73900182
- Credit loss auto vibe
- 500000
Price after filing
Close on the filing date to close N calendar days later (from $3.81). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.