Nauticus Robotics Inc (KITT) Q3 2024 Earnings Call Highlights: Navigating Challenges and ... [Yahoo! Finance]
Nauticus Robotics, Inc. - Common stock (KITT)
Company Research
Source: Yahoo! Finance
Operating Expenses: $5.9 million for Q3 2024, a $3.9 million improvement from Q3 2023 and a $0.6 million sequential improvement. Net Loss: $11.4 million for Q3 2024, a $6.3 million reduction from Q3 2023 but a $6 million increase sequentially. Cash Position: $2.9 million at the end of Q3 2024, compared to $0.7 million at the end of 2023. Funding: Closed $1.1 million of funding as the first tranche of up to $21.1 million available through a new convertible debenture. Debt Conversion: Agreement to convert approximately $27 million of principal and $3 million of interest into preferred convertible stock. Warning! GuruFocus has detected 6 Warning Signs with KITT. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Nauticus Robotics Inc ( NASDAQ:KITT ) achieved an industry first by successfully conducting Aquanaut's first commercial projects, marking a significant milestone for the company and
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KITT
News
- Nauticus Robotics Completes Aquanaut Mark 2 Evaluation Agreement with a Global Supermajor Oil & Gas CustomerPR Newswire
- Nauticus Robotics and SeaTrepid International Collaborate to Bring ToolKITT Software to ROVs [Yahoo! Finance]Yahoo! Finance
- Nauticus Robotics and SeaTrepid International Collaborate to Bring ToolKITT Software to ROVsPR Newswire
- Nauticus Robotics Announces Results for the Third Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Nauticus Robotics Announces Results for the Third Quarter of 2024PR Newswire
KITT
Sec Filings
- 12/27/24 - Form 8-K
- 12/20/24 - Form DEFA14A
- 12/18/24 - Form DEFA14A
- KITT's page on the SEC website