KULR Tech Files Q1 2025 10-Q, Discloses Offering Agreement
Ticker: KULR · Form: 10-Q · Filed: May 15, 2025 · CIK: 1662684
| Field | Detail |
|---|---|
| Company | Kulr Technology Group, Inc. (KULR) |
| Form Type | 10-Q |
| Filed Date | May 15, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, offering, financials, subsequent-event
TL;DR
KULR Q1 10-Q out: Raised cash via offering, check financials.
AI Summary
KULR Technology Group, Inc. filed its quarterly report for the period ending March 31, 2025. The company reported financial results and disclosed subsequent events, including an At-Market Offering Agreement executed between April 23, 2025, and May 13, 2025. The filing also details changes in treasury stock, retained earnings, and additional paid-in capital across various reporting periods.
Why It Matters
This filing provides investors with an update on KULR Technology Group's financial health and strategic activities, including recent capital-raising efforts.
Risk Assessment
Risk Level: medium — The disclosure of an 'At-Market Offering Agreement' suggests potential dilution or increased share count, which can impact existing shareholders.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the financial data presented is as of this date.)
- 20250515 — Filing Date (Shows when the company submitted this report to the SEC.)
Key Players & Entities
- KULR Technology Group, Inc. (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- 20250515 (date) — Filing date of the report
- At-Market Offering Agreement (legal_document) — Subsequent event disclosed
- April 23, 2025 (date) — Start date of the At-Market Offering Agreement
- May 13, 2025 (date) — End date of the At-Market Offering Agreement
FAQ
What were the key financial changes in KULR Technology Group's balance sheet for the quarter ending March 31, 2025?
The filing details changes in us-gaap:TreasuryStockCommonMember, us-gaap:RetainedEarningsMember, and us-gaap:AdditionalPaidInCapitalMember for the periods ending March 31, 2025, December 31, 2024, and March 31, 2024.
What is the nature of the 'At-Market Offering Agreement' mentioned as a subsequent event?
The 'At-Market Offering Agreement' is a subsequent event that occurred between April 23, 2025, and May 13, 2025, as disclosed in the filing.
When was KULR Technology Group, Inc. incorporated?
KULR Technology Group, Inc. was incorporated in Delaware (DE).
What is the company's primary business address?
The company's business address is 4863 Shawline Street, San Diego, CA 92111.
What was the company's SIC code?
The company's Standard Industrial Classification (SIC) code is 3670, related to Electronic Components & Accessories.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding KULR Technology Group, Inc. (KULR).