KULR Technology Group (KULR) Financial Statements

Price: $1.24
Market Cap: $352.64M
Avg Volume: 13.01M
Country: US
Industry: Hardware, Equipment & Parts
Sector: Technology
Beta: 1.327
52W Range: $0.2-5.49
Website: KULR Technology Group

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of KULR Technology Group.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M-$30.00M-$30.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $10.74M $9.83M $3.99M $2.41M $623.97K $830.40K $1.27M $235.58K $6.90K $3.30K
Cost of Revenue $5.25M $6.16M $1.63M $1.10M $169.02K $226.50K $336.65K $156.61K $7.75K $2.58K
Gross Profit $5.48M $3.67M $2.36M $1.31M $454.95K $603.89K $937.37K $78.97K $-849 $717
Gross Profit Ratio 51.07% 37.29% 59.18% 54.33% 72.91% 72.72% 73.58% 33.52% -12.30% 21.73%
Research and Development Expenses $4.74M $6.20M $3.98M $1.66M $289.77K $502.23K $508.14K $801.05K $424.73K $383.12K
General and Administrative Expenses $- $18.08M $15.80M $11.02M $2.38M $2.03M $2.51M $1.69M $- $291.47K
Selling and Marketing Expenses $- $1.80M $874.40K $145.03K $123.85K $49.30K $12.50K $65.08K $- $-287.41K
Selling General and Administrative Expenses $15.98M $19.88M $16.67M $11.16M $2.51M $2.08M $2.51M $1.69M $398.13K $4.06K
Other Expenses $- $- $305.71K $-125.82K $-2.59K $1.10K $24.18K $283.21K $35.02K $-
Operating Expenses $20.72M $26.08M $20.65M $12.82M $2.80M $2.58M $3.02M $2.49M $35.02K $4.06K
Cost and Expenses $25.97M $32.24M $22.28M $13.93M $2.96M $2.81M $3.36M $2.65M $35.02K $4.06K
Interest Income $10.57K $- $1.45M $131.53K $507.07K $1.58K $- $1.59K $4 $114
Interest Expense $1.36M $1.45M $1.45M $131.53K $507.07K $1.58K $826 $12.56K $- $-
Depreciation and Amortization $1.80M $2.21M $452.50K $67.72K $15.75K $17.27K $15.31K $8.80K $656 $610
EBITDA $-14.36M $-20.03M $-17.54M $-11.71M $-2.33M $-1.96M $-2.04M $-2.40M $-823.05K $-673.27K
EBITDA Ratio -133.75% -203.77% -439.00% -485.39% -372.98% -236.14% -160.29% -1020.76% -11928.25% -20402.03%
Operating Income $-15.23M $-22.41M $-18.29M $-11.51M $-2.34M $-1.98M $-2.08M $-2.41M $-35.02K $-4.06K
Operating Income Ratio -141.89% -227.99% -457.76% -477.17% -375.09% -238.35% -163.39% -1024.16% -507.54% -123.03%
Total Other Income Expenses Net $-2.29M $-1.28M $-1.15M $-397.74K $-509.66K $-480 $23.35K $-10.96K $-785.66K $-
Income Before Tax $-17.52M $-23.69M $-19.44M $-11.91M $-2.85M $-1.98M $-2.06M $-2.42M $-35.02K $-4.06K
Income Before Tax Ratio -163.20% -241.03% -486.56% -493.65% -456.77% -238.41% -161.55% -1028.81% -507.48% -123.09%
Income Tax Expense $- $- $1.15M $5.71K $504.48K $2.68K $25.00K $800 $800 $800
Net Income $-17.52M $-23.69M $-20.59M $-11.92M $-3.35M $-1.98M $-2.06M $-2.42M $-35.02K $-4.06K
Net Income Ratio -163.20% -241.03% -515.37% -493.89% -537.62% -238.73% -161.55% -1029.15% -507.48% -123.09%
EPS $-0.09 $-0.20 $-0.19 $-0.12 $-0.04 $-0.02 $-0.03 $-0.03 $0.00 $0.00
EPS Diluted $-0.09 $-0.20 $-0.19 $-0.12 $-0.04 $-0.02 $-0.03 $-0.03 $0.00 $0.00
Weighted Average Shares Outstanding 186.60M 117.82M 105.66M 97.71M 82.03M 80.12M 77.64M 77.44M 77.44M 20.00M
Weighted Average Shares Outstanding Diluted 186.60M 117.82M 105.66M 97.71M 82.03M 80.12M 77.64M 77.44M 77.44M 20.00M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$60.00M$60.00M$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $29.83M $1.19M $10.33M $14.86M $8.88M $108.86K $229.90K $895.76K $213.18K $138.75K
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $29.83M $1.19M $10.33M $14.86M $8.88M $108.86K $229.90K $895.76K $213.18K $138.75K
Net Receivables $2.70M $958.49K $1.54M $136.33K $55.49K $30.10K $112.22K $151.80K $26.03K $3.30K
Inventory $545.47K $1.18M $1.96M $191.31K $55.45K $27.09K $9.59K $13.77K $12.93K $20.34K
Other Current Assets $1.09M $562.36K $2.54M $685.76K $159.20K $43.20K $54.60K $115.19K $151.80K $40.47K
Total Current Assets $34.16M $3.90M $15.74M $15.76M $9.15M $209.25K $406.32K $1.18M $268.21K $202.86K
Property Plant Equipment Net $4.90M $4.83M $7.04M $1.04M $57.86K $27.52K $44.79K $43.49K $462 $1.12K
Goodwill $- $- $- $- $- $- $- $- $- $-
Intangible Assets $577.10K $719.39K $720.77K $216.95K $- $- $- $- $- $-
Goodwill and Intangible Assets $577.10K $719.39K $720.77K $216.95K $- $- $- $- $- $-
Long Term Investments $- $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $23.29M $1.41M $132.26K $2.21M $-57.86K $-27.52K $- $- $0 $-
Total Non-Current Assets $28.76M $6.96M $7.89M $3.47M $57.86K $27.52K $44.79K $43.49K $462 $1.12K
Other Assets $- $- $- $- $- $- $- $- $-462 $-
Total Assets $62.93M $10.86M $23.63M $19.23M $9.21M $236.77K $451.11K $1.22M $268.21K $203.98K
Account Payables $2.06M $2.77M $1.41M $454.51K $66.54K $348.91K $118.00K $37.02K $- $-
Short Term Debt $1.01M $102.19K $447.29K $679.98K $2.33M $- $- $- $- $-
Tax Payables $111.73K $- $- $- $- $9.67K $12.68K $14.22K $- $-
Deferred Revenue $32.77K $551.02K $5.68M $132.30K $20.00K $15.00K $- $-65.39K $- $-
Other Current Liabilities $1.45M $3.48M $7.80M $1.19M $526.02K $660.15K $445.57K $429.06K $13.49K $3.75K
Total Current Liabilities $4.67M $6.90M $9.68M $2.46M $2.95M $1.03M $576.24K $480.31K $13.49K $3.75K
Long Term Debt $833.57K $250.00K $97.96K $407.90K $142.29K $- $- $- $- $-
Deferred Revenue Non-Current $- $- $3.20M $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $5.90M $157.05K $- $- $- $- $- $224.00K $-
Total Non-Current Liabilities $833.57K $6.15M $3.45M $407.90K $142.29K $- $118.00K $- $224.00K $-
Other Liabilities $- $- $- $- $- $- $-118.00K $- $- $-
Total Liabilities $5.50M $13.05M $13.13M $2.87M $3.09M $1.03M $576.24K $480.31K $237.49K $3.75K
Preferred Stock $73 $- $- $- $1 $1 $3 $- $1 $500
Common Stock $26.48K $13.40K $11.32K $10.48K $8.99K $8.11K $7.87K $7.74K $386 $2.15K
Retained Earnings $-83.81M $-66.29M $-42.59M $-23.16M $-11.25M $-8.40M $-6.42M $-4.36M $-39.08K $-4.06K
Accumulated Other Comprehensive Income Loss $- $-0 $-0 $- $- $- $-3 $- $0 $-2.65K
Other Total Stockholders Equity $141.21M $64.09M $53.08M $39.51M $17.36M $7.59M $6.29M $5.09M $1.96M $2.96K
Total Stockholders Equity $57.43M $-2.18M $10.49M $16.37M $6.12M $-796.97K $-125.14K $739.71K $30.72K $-3.75K
Total Equity $57.43M $-2.18M $10.49M $16.37M $6.12M $-796.97K $-125.14K $739.71K $30.72K $-3.75K
Total Liabilities and Stockholders Equity $62.93M $10.86M $23.63M $19.23M $9.21M $236.77K $451.11K $1.22M $268.21K $203.98K
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $62.93M $10.86M $23.63M $19.23M $9.21M $236.77K $451.11K $1.22M $268.21K $203.98K
Total Investments $20.28M $- $- $- $- $- $- $- $- $-
Total Debt $1.85M $352.19K $321.60K $825.50K $2.48M $- $- $28.36K $9.52K $-
Net Debt $-27.99M $-842.58K $-10.01M $-14.04M $-6.40M $-108.86K $-229.90K $-867.40K $-203.66K $-138.75K

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$6.00M$6.00M$0.00$0.00-$6.00M-$6.00M-$12.00M-$12.00M-$18.00M-$18.00M-$24.00M-$24.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $-17.52M $-23.69M $-19.44M $-11.91M $-2.85M $-1.98M $-2.06M $-2.42M $-35.02K $-674.56K
Depreciation and Amortization $1.15M $2.21M $259.40K $67.72K $15.75K $17.27K $15.31K $8.80K $656 $610
Deferred Income Tax $- $- $- $- $933 $- $- $- $- $-
Stock Based Compensation $2.69M $3.50M $4.18M $4.20M $343.85K $220.62K $457.71K $598.20K $35.91K $29.98K
Change in Working Capital $- $4.89M $-3.35M $434.52K $-745.09K $553.42K $246.10K $811.75K $-5.29K $133.38K
Accounts Receivables $-2.53M $623.47K $-1.42M $-80.83K $-26.32K $82.12K $39.58K $-144.90K $-5.75K $-3.30K
Inventory $603.58K $519.05K $-1.77M $-135.86K $-28.36K $-17.59K $- $-835 $7.41K $3.87K
Accounts Payables $-708.27K $754.06K $658.72K $385.34K $-297.70K $230.92K $80.97K $- $- $-
Other Working Capital $- $2.99M $-815.85K $265.87K $-392.70K $257.97K $125.55K $957.49K $189.44K $132.81K
Other Non Cash Items $-3.66M $1.13M $999.69K $403.15K $504.40K $90 $-20.00K $727.38K $9.11K $-
Net Cash Provided by Operating Activities $-17.34M $-11.97M $-17.35M $-6.81M $-2.73M $-1.19M $-1.36M $-1.01M $-31.20K $-510.59K
Investments in Property Plant and Equipment $-573.44K $-911.11K $-4.65M $-2.74M $-46.09K $- $-16.61K $-51.83K $- $-
Acquisitions Net $- $- $- $- $- $- $- $1.86M $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $-21.02M $-135.00K $-543.57K $-2.15M $- $- $- $85.00K $-85.00K $-
Net Cash Used for Investing Activities $-21.60M $-1.05M $-4.65M $-2.74M $-46.09K $- $-16.61K $1.89M $-85.00K $-
Debt Repayment $-613.05K $250.00K $3.75M $- $3.11M $- $- $- $- $-
Common Stock Issued $71.02M $3.91M $250.00K $6.50M $9.50M $898.30K $679.00K $- $244.38K $-
Common Stock Repurchased $-500.00K $-229.25K $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-2.33M $-58.05K $13.47M $22.03M $-1.06M $169.00K $30.86K $- $550.00K $-
Net Cash Used Provided by Financing Activities $67.57M $3.87M $17.47M $15.53M $11.55M $1.07M $709.86K $- $244.38K $-
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $28.64M $-9.14M $-4.53M $5.98M $8.77M $-121.04K $-665.87K $886.67K $74.43K $-510.59K
Cash at End of Period $29.83M $1.19M $10.33M $14.86M $8.88M $108.86K $229.90K $895.76K $213.18K $138.75K
Cash at Beginning of Period $1.19M $10.33M $14.86M $8.88M $108.86K $229.90K $895.76K $9.09K $138.75K $649.34K
Operating Cash Flow $-17.34M $-11.97M $-17.35M $-6.81M $-2.73M $-1.19M $-1.36M $-1.01M $-31.20K $-510.59K
Capital Expenditure $-573.44K $-1.05M $-4.65M $-2.74M $-46.09K $- $-16.61K $-51.83K $- $-
Free Cash Flow $-17.92M $-13.01M $-22.00M $-9.54M $-2.78M $-1.19M $-1.38M $-1.06M $-31.20K $-510.59K