KULR TECHNOLOGY GROUP, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:25:04Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -48.86M | -17.92M | -12.23M | -20.04M | -7.19M | -2.78M |
| EBITDA | -41.60M | -13.43M | -20.20M | -18.03M | -11.45M | -2.32M |
| Working Capital | 19.28M | 29.50M | -2.99M | 6.06M | 13.30M | 6.19M |
| Net Debt | -11.85M | -28.02M | -842.58K | -10.01M | -14.19M | -6.56M |
| Gross Margin | 4.77% | 51.07% | 37.29% | 59.18% | 54.33% | 69.89% |
| Operating Margin | -265.92% | -141.89% | -227.99% | -457.76% | -477.17% | -375.09% |
| Net Margin | -382.80% | -163.20% | -241.03% | -486.56% | -493.65% | -456.77% |
| Return on Equity (ROE) | -50.90% | -30.51% | 1085.52% | -185.22% | -72.78% | -46.58% |
| Return on Assets (ROA) | -48.00% | -27.85% | -218.09% | -82.27% | -61.94% | -30.95% |
| Current Ratio | 4.07× | 7.32× | 0.57× | 1.63× | 6.41× | 3.10× |
| Debt-to-Equity | 0.01× | 0.03× | -0.16× | 0.03× | 0.04× | 0.38× |
| Cash Conversion Ratio | 0.73× | 0.99× | 0.51× | 0.89× | 0.57× | 0.96× |
| Accruals Ratio | -0.13× | -0.00× | -1.08× | -0.09× | -0.27× | -0.01× |
| SBC % of Revenue | 40.34% | 25.08% | 35.63% | 104.52% | 174.07% | 55.11% |
| CapEx Coverage | -11.29× | -30.16× | -44.96× | -6.47× | -17.76× | -59.24× |
| Free Cash Flow Per Share | $-1.23 | $-0.77 | $-0.10 | $-0.19 | $-0.08 | $-0.03 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 16.17M | 10.74M | 9.83M | 3.99M | 2.41M | 623.97K |
| Cost of Goods and Services Sold | 15.40M | 5.25M | 6.16M | 1.63M | 1.10M | 187.90K |
| Gross Profit | 770.97K | 5.48M | 3.67M | 2.36M | 1.31M | 436.06K |
| Research and Development Expense | 10.76M | 4.74M | 7.14M | 4.20M | 1.66M | 289.77K |
| Selling, General and Administrative Expense | 27.70M | 15.98M | 18.94M | 16.45M | 11.16M | 2.49M |
| Operating Expenses | 43.77M | 20.72M | 26.08M | 20.65M | 12.82M | 2.78M |
| Operating Income (Loss) | -43.00M | -15.23M | -22.41M | -18.29M | -11.51M | -2.34M |
| Income Tax Expense (Benefit) | — | — | — | — | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -61.90M | -17.52M | -23.69M | -19.44M | -11.91M | -2.85M |
| Earnings Per Share, Basic | $-1.56 | $-0.75 | $-0.20 | $-0.18 | $-0.15 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 39.73M | 23.32M | 117.82M | 105.66M | 95.75M | 82.03M |
| Earnings Per Share, Diluted | $-1.56 | $-0.75 | $-0.20 | $-0.18 | $-0.15 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 39.73M | 23.32M | 117.82M | 105.66M | 95.75M | 82.03M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 13.30M | 29.83M | 1.19M | 10.33M | 14.86M | 8.88M |
| Assets, Current | 25.56M | 34.16M | 3.90M | 15.74M | 15.76M | 9.14M |
| Assets | 128.97M | 62.93M | 10.86M | 23.63M | 19.23M | 9.21M |
| Liabilities, Current | 6.28M | 4.67M | 6.90M | 9.68M | 2.46M | 2.95M |
| Liabilities | 7.36M | 5.50M | 13.05M | 13.13M | 2.87M | 3.09M |
| Stockholders' Equity Attributable to Parent | 121.61M | 57.43M | -2.18M | 10.49M | 16.37M | 6.12M |
| Common Stock, Shares, Outstanding | 46.04M | 33.08M | 133.90M | 113.07M | 104.79M | 89.91M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -44.88M | -17.34M | -11.97M | -17.35M | -6.81M | -2.73M |
| Payments to Acquire Property, Plant, and Equipment | 2.99M | 573.44K | 266.15K | 2.68M | 383.29K | 46.09K |
| Net Cash Provided by (Used in) Investing Activities | -89.08M | -21.60M | -1.05M | -4.65M | -2.74M | -46.09K |
| Payments for Repurchase of Common Stock | 97.52K | 500.00K | 229.25K | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 117.44M | 67.57M | 3.87M | 17.47M | 15.53M | 11.55M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -8.88M | -17.24M | -31.62M | -22.06M | -9.75M | -5.23M |
| EBITDA | -7.08M | -14.89M | — | — | -9.15M | -3.28M |
| Working Capital | 6.85M | 19.28M | 21.60M | 27.30M | 27.42M | 29.50M |
| Net Debt | -6.32M | -11.85M | -15.20M | -18.81M | -23.26M | -28.02M |
| Gross Margin | 29.24% | -27.16% | 9.13% | 17.96% | 8.43% | 63.56% |
| Operating Margin | -152.38% | -536.57% | -126.92% | -237.88% | -385.68% | -105.05% |
| Net Margin | -580.22% | -1545.46% | -101.29% | 204.94% | -768.06% | -137.08% |
| Return on Equity (ROE) | -29.73% | -36.40% | -4.71% | 5.97% | -20.97% | -8.05% |
| Return on Assets (ROA) | -26.65% | -34.32% | -4.47% | 5.76% | -20.05% | -7.34% |
| Current Ratio | 1.69× | 4.07× | 4.12× | 8.29× | 9.19× | 7.32× |
| Debt-to-Equity | 0.01× | 0.01× | 0.04× | 0.01× | 0.01× | 0.03× |
| Cash Conversion Ratio | 0.31× | 0.31× | 4.45× | -2.67× | 0.51× | 1.05× |
| Accruals Ratio | -0.18× | -0.24× | 0.15× | 0.21× | -0.10× | 0.00× |
| SBC % of Revenue | 30.11% | 70.26% | 65.51% | 81.10% | 66.87% | 26.15% |
| CapEx Coverage | -50.14× | -4.08× | -53.19× | -64.67× | -79.66× | -12.55× |
| Free Cash Flow Per Share | $-0.19 | $-0.43 | $-0.77 | $-0.59 | $-0.28 | $-0.22 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 4.85M | 2.86M | 6.88M | 3.97M | 2.45M | 3.37M |
| Revenues | 4.85M | — | 6.88M | — | 2.45M | — |
| Cost of Goods and Services Sold | 3.43M | 3.64M | 6.26M | 3.26M | 2.24M | 1.23M |
| Gross Profit | 1.42M | -777.96K | 628.88K | 713.71K | 206.34K | 2.14M |
| Research and Development Expense | 1.77M | 3.55M | 2.32M | 2.44M | 2.45M | 1.25M |
| Selling, General and Administrative Expense | 6.53M | 7.86M | 6.26M | 6.94M | 7.20M | 4.44M |
| Operating Expenses | 8.80M | 14.59M | 9.37M | 10.16M | 9.65M | 5.68M |
| Operating Income (Loss) | -7.39M | -15.37M | -8.74M | -9.45M | -9.44M | -3.54M |
| Net Income (Loss) Attributable to Parent | -28.12M | -44.26M | -6.97M | 8.14M | -18.81M | -4.62M |
| Earnings Per Share, Basic | $-0.61 | $-1.09 | $-0.17 | $0.22 | $-0.54 | $-0.15 |
| Weighted Average Number of Shares Outstanding, Basic | 46.25M | 39.73M | 41.14M | 37.27M | 34.92M | 23.32M |
| Earnings Per Share, Diluted | $-0.61 | $-1.09 | $-0.17 | $0.22 | $-0.54 | $-0.15 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.25M | 39.73M | 41.14M | 37.59M | 34.92M | 23.32M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.68M | 13.30M | 20.59M | 20.57M | 24.45M | 29.83M |
| Assets, Current | 16.81M | 25.56M | 28.53M | 31.05M | 30.77M | 34.16M |
| Assets | 105.51M | 128.97M | 156.06M | 141.46M | 93.80M | 62.93M |
| Liabilities, Current | 9.96M | 6.28M | 6.93M | 3.74M | 3.35M | 4.67M |
| Liabilities | 10.93M | 7.36M | 8.11M | 5.01M | 4.12M | 5.50M |
| Stockholders' Equity Attributable to Parent | 94.58M | 121.61M | 147.96M | 136.45M | 89.68M | 57.43M |
| Common Stock, Shares, Outstanding | 46.26M | 46.04M | 42.61M | 39.45M | 284.52M | 33.08M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.70M | -13.84M | -31.04M | -21.72M | -9.63M | -4.84M |
| Payments to Acquire Property, Plant, and Equipment | 173.61K | 2.40M | 581.70K | 334.65K | 120.23K | 385.18K |
| Net Cash Provided by (Used in) Investing Activities | -1.54M | -3.58M | -85.50M | -73.64M | -44.72M | -21.39M |
| Net Cash Provided by (Used in) Financing Activities | 4.62M | 10.14M | 107.30M | 86.10M | 48.96M | 55.15M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (KULR CIK 0001662684),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.