$KITT Income Statement | Understand Stock

$KITT

$1.35 -$0.04 (2.8%) Pre-market

Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Operating and formation costs
Franchise tax expense
Revenue
Service
Product
Revenue-related party
Service
Product
Total revenue
Revenue
Nonrelated Party
Related Party
Total revenue
Costs and expenses:
Cost of revenue (exclusive of items shown separately below)
Depreciation and amortization
Research and development
General and administrative
Related Party
Total general and administrative
Severance
Impairment of property and equipment
Loss on contract
Total costs and expenses
Operating loss
Transaction costs allocated to warrant liabilities
Net gain on investments held in Trust Account
Other (income) expense:
Other income, net
Loss on lease termination
Foreign currency transaction loss
Loss on extinguishment of debt
Loss on exchange of warrants
Change in fair value of warrant liabilities
Change in fair value of over-allotment option liability
Change in fair value of debentures
New Convertible Secured Debentures
November 2024 Debentures
Total change in fair value of debentures
Interest expense, net
Total other expense, net

Net loss
Basic loss per share (in dollars per share)
Diluted loss per share (in dollars per share)
Basic weighted average shares outstanding (in shares)
Diluted weighted average shares outstanding (in shares)

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