KULR · XBRL financial data

KULR Technology Group financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (KULR's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	624	2,413	3,995	9,830	10,737	16,170
Cost of goods and services sold	169	1,102	1,631	6,164	5,254	15,399
Gross profit	455	1,311	2,364	3,666	5,483	771
Research and development	290	1,662	3,978	6,195	4,738	10,755
Selling, general and administrative	2,506	11,162	16,673	19,882	15,980	27,697
Total operating expenses	2,795	12,824	20,650	26,078	20,718	43,771
Operating income (loss)	(2,340)	(11,513)	(18,286)	(22,412)	(15,235)	(43,001)
Interest income	—	—	—	—	11	563
Interest expense	—	—	282	728	210	160
Income tax expense (benefit)	0	0	—	—	—	—
Net income (loss)	(2,850)	(11,911)	(19,436)	(23,694)	(17,524)	(61,900)
Earnings per share, basic‡ USD per share	(0.24)	(1.20)	(1.44)	(1.60)	(0.72)	(1.56)
Earnings per share, diluted‡ USD per share	(0.24)	(1.20)	(1.44)	(1.60)	(0.72)	(1.56)
Weighted average shares, basic‡ thousands of shares	10,254	12,214	13,207	14,728	23,325	39,727
Weighted average shares, diluted‡ thousands of shares	10,254	12,214	13,207	14,728	23,325	39,727

‡ Per-share figures and share counts are adjusted for the 1-for-8 stock split (June 2025); filings made before it reported them unadjusted.

Fiscal years (KULR's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	8,880	14,863	10,334	1,195	29,832	13,300
Accounts receivable	—	—	—	902	1,985	2,077
Inventory	55	191	1,962	1,149	545	581
Prepaid and other current assets	159	570	1,613	631	1,142	1,826
Total current assets	9,150	15,761	15,736	3,904	34,164	25,557
Property and equipment, net	58	374	3,193	4,698	3,677	5,483
Right-of-use asset	0	666	329	129	1,217	1,339
Total assets	9,208	19,231	23,626	10,864	62,927	128,968
Accounts payable	67	455	1,408	2,770	2,061	3,174
Total current liabilities	2,947	2,458	9,681	6,899	4,666	6,277
Lease liability, non-current	0	408	98	—	819	1,079
Total liabilities	3,090	2,866	13,132	13,047	5,499	7,356
Accumulated deficit	(11,246)	(23,158)	(42,594)	(66,288)	(83,811)	(145,711)
Total stockholders' equity	6,119	16,365	10,494	(2,183)	57,428	121,612
Total liabilities and equity	9,208	19,231	23,626	10,864	62,927	128,968
Common shares outstanding (cover page)‡ thousands of shares	11,578	13,108	14,529	21,609	35,549	46,239

‡ Per-share figures and share counts are adjusted for the 1-for-8 stock split (June 2025); filings made before it reported them unadjusted.

Fiscal years (KULR's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(2,850)	(11,911)	(19,436)	(23,694)	(17,524)	(61,900)
Stock-based compensation	344	4,200	4,175	3,503	2,693	6,523
Net cash from operating activities	(2,730)	(6,806)	(17,354)	(11,965)	(17,342)	(44,884)
Purchases of property and equipment	46	383	2,683	266	573	2,987
Net cash from investing activities	(46)	(2,737)	(4,648)	(1,046)	(21,596)	(89,083)
Proceeds from issuing common stock	898	18	—	3,910	61,913	123,182
Share repurchases	—	—	—	229	500	98
Net cash from financing activities	11,548	15,526	17,472	3,873	67,575	117,435
Net change in cash	8,771	5,983	(4,530)	(9,139)	28,637	(16,532)

SIC 3670 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3670 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
KULR Technology Group	12,784	2,080	(8,986)*	46.3M	1.4 quarters	Q2 FY26 10-QJun 30, 2026
Kopin	24,877	1,269	(4,332)*	185.9M	5.7 quarters	Q2 FY26 10-QJun 27, 2026
Aeluma	56,006	582*	(1,623)*	19.3M	34.5 quarters	Q4 FY26 10-KJun 30, 2026
Methode Electronics	116,200	265,400	(7,800)	35.6M	10.7 quarters	Q1 FY27 10-QAug 1, 2026
Arteris	93,270	24,134	9,210*	49.2M	—	Q2 FY26 10-QJun 30, 2026
Blaize Holdings	36,847	11,985	(28,667)*	144.8M	1.3 quarters	Q2 FY26 10-QJun 30, 2026
SkyWater Technology	12,582	156,377	(14,341)*	49.4M	0.9 quarters	Q2 FY26 10-QJun 28, 2026
Nve	3,970	5,835	5,821*	4.8M	—	Q2 FY27 10-QSep 30, 2026
Microvision	28,890	2,400	(13,636)*	34.0M	1.7 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.