Nauticus Robotics (KITT) risk factors
Item 1A of every Nauticus Robotics, Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
73 risks, 16 new, 3 dropped, 15 reworded since the prior year. Nauticus Robotics faces heightened risks from international expansion in the UAE and Brazil amid Middle East military conflict. The company reported material weaknesses in financial controls and software/hardware vulnerabilities in ocean robotics. Federal net operating loss carryforwards increased to approximately $157 million.
Filed Apr 15, 2026 - FY2024 10-K risk factors
60 risks. Nauticus Robotics faces severe going concern doubts, having reported a net loss of $134.9 million in 2024. Revenue concentration is high, with three customers accounting for 82% of total revenue. The company struggles with internal control material weaknesses and recent financial statement restatements.
Filed Apr 15, 2025