Company Analysis

KULR Technology Group, Inc. (KULR)

NYSE: KULR · Electronic Components & Accessories · Webster, TX · filing with the SEC since 2016
Grade3.6
◀ Past 2.5● Present 3.5▶ Future 4.9
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 31, 2026Mar 31, 2025Apr 12, 2024Mar 28, 2023Mar 28, 2022Mar 19, 2021May 14, 2020Mar 29, 2019Apr 17, 2018Mar 30, 2017
Revenue16,170,40410,737,4819,830,1663,994,6342,412,868623,965830,3981,274,028235,5846,900r
Cost of revenue15,399,4325,254,2836,164,3101,630,5271,102,038187,903r226,505336,654156,6097,749r
Gross profit770,9725,483,1983,665,8562,364,1071,310,830436,062r603,893937,37478,975-849r
Research and development10,755,0364,738,3057,135,452r4,196,313r1,662,183289,772502,225508,144361,23129,404
Selling, general and administrative27,696,96915,979,85218,942,350r16,453,776r11,162,0622,486,722r2,080,9412,510,8181,691,466r398,130
Total operating expenses43,771,47720,718,15726,077,80220,650,08912,824,2452,776,494r2,583,1663,018,9622,492,521r822,856r
Total costs and expenses··32,05516,290······
Operating income-43,000,505-15,234,959-22,411,946-18,285,982-11,513,415-2,340,432-1,979,273-2,081,588-2,413,546r-823,705r
Interest expense159,944209,817718,420282,054····2,9630
Interest and investment income563,27110,575······25625r
Interest income (expense), net··-718,420-935,874-3,336-5,268-1,580-826-10,964·
Total non-operating income (expense)-18,899,277-2,288,670-1,281,610-1,150,497-397,736-509,664-48023,349-10,9642,177
Income before income taxes-61,899,782-17,523,629······-2,423,710-821,528r
Income tax expense····00000r800r
Net income-61,899,782-17,523,629-23,693,556-19,436,479-11,911,151-2,850,096-1,979,753-2,058,239-2,424,510-822,328r
Preferred dividends····2,624,326·····
Net income to common shareholders··-23,693,556-19,436,479-14,535,477-2,851,787-1,979,753···
Earnings per share, basic-1.56-0.75r-1.60b-1.44b-1.20b-0.24b····
Earnings per share, diluted-1.56-0.75r-1.60b-1.44b-1.20b-0.24b····
Earnings per share, basic and diluted·····-0.24b-0.16b-0.24b-0.32b-0.16rb
Weighted average shares, basic39,727,20523,324,642r14,727,592b13,206,972b11,968,702rb10,254,052b····
Weighted average shares, diluted39,727,20523,324,642r14,727,592b13,206,972b11,968,702rb10,254,052b····
Weighted average shares, basic and diluted·····10,254,052b10,015,389b9,705,263b7,997,677b5,373,470rb
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-8 reverse split of Jun 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton KULR · research, not advice