KULR Technology (KULR -21.53%) stock is getting hit with huge selling action in Monday's trading. The company's share price was down 21.3% as of 3 p.m. ET, despite the S&P 500 (^GSPC 0.82%) being up 0.9% at the same point in the day's trading.KULR is seeing a big valuation pullback today following news that the company will carry out a reverse stock split. The new structure for the stock won't do anything to alter the fundamentals of the business, but investors are dumping shares ahead of the 8-for-1 revers ...

U.S. stock futures were higher this morning, with the Dow futures gaining more than 150 points on Monday.Shares of Sarepta Therapeutics, Inc. SRPT fell sharply in today's pre-market trading after the company suspended ELEVIDYS shipments and paused ENVISION trial after second fatal liver failure in non-ambulatory Duchenne patients.Sarepta Therapeutics shares tumbled 31.4% to $24.86 in the pre-market trading session.Here are some other stocks moving lower in pre-market trading.Today's Best Finance DealsKULR T ...

HOUSTON, June 13, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, announced today that it will effect a 1-for-8 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on June 23, 2025. KULR’s common stock will continue to trade on the NYSE-American Market under the symbol “KULR” and under a new CUSIP numb ...

Adds 118 BTC to Bitcoin Treasury bringing total to 920 BTCHOUSTON, June 09, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, is pleased to announce that it has joined the "Bitcoin for Corporations" (“BFC”) initiative, a prominent platform launched by Strategy™ and Bitcoin Magazine focused on accelerating Bitcoin’s institutional adoption. This high-profile initiative is designed to ...

HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it is set to join the broad-market Russell 3000® Index, effective after the United States market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership ...

This strategic move aligns with KULR's Bitcoin Treasury Strategy announced on December 4, 2024, wherein the Company committed up to 90% of its surplus cash reserves to be held in bitcoin. BTC Yield as a Key Performance Indicator Year to date, KULR has achieved a BTC Yield of 220.2%, leveraging a combination of surplus cash and its At- The-Market (ATM) equity program to fund acquisitions. KULR uses "BTC Yield" as a key performance indicator (KPI) for its Bitcoin Treasury strategy. BTC Yield is calculated as ...

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing with PricewaterhouseCoopers before transitioning to day trading nearly 20 years ago [2] - Successfully navigated significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Core Viewpoint - KULR Technology Group experienced a significant decline in stock price due to a revenue miss and a deepening net loss, contrasting with the overall market performance [1]. Financial Performance - KULR reported a 40% increase in revenue for Q1, reaching $2.45 million, but the net loss expanded to $18.8 million ($0.07 per share) from a loss of slightly over $5 million in the previous year [2]. - Analysts had anticipated a higher revenue of $3 million, while the consensus for net loss was aligned with the actual figure of $0.07 per share [4]. Factors Contributing to Loss - The increased net loss was largely attributed to KULR's investments in Bitcoin mining and purchasing, which resulted in an unrealized loss of $9.7 million during the quarter [5]. - Higher selling, general, and administrative (SG&A) expenses, along with increased research and development (R&D) costs, also contributed to the financial downturn [5]. Company Strategy and Market Sentiment - KULR's CFO expressed confidence in the company's Bitcoin treasury strategy, indicating a long-term perspective despite short-term price fluctuations [6]. - However, investor sentiment appears to be cautious regarding the company's heavy involvement in cryptocurrency, raising concerns about its financial stability [6].

KULR Technology Group (KULR) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Stuart Smith - OwnerMichael Mo - Chairman & CEOShawn Canter - Chief Financial Officer Stuart Smith Welcome everyone to the Cooler Technology Group first quarter twenty twenty five earnings call. I'm your moderator for the call, Stuart Smith. Before we begin the call, please listen closely to the following safe harbor statement covering this entire call. This call contains certain forward looking statements based ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 increased by 40% year-over-year to $2.4 million, marking the highest trailing twelve months revenue Cooler has ever generated and the third consecutive quarter of record revenue [26] - Product revenue rose by 89%, while service revenue decreased by 8%, with the company recognizing its first Bitcoin mining revenue of $250,000 [26] - Overall revenue per customer increased by approximately 64%, with product revenue per customer up 195% and service revenue per customer up 7% [26] - Gross margin for Q1 2025 was 18%, down primarily due to unanticipated labor hours needed for technical projects [26] Business Line Data and Key Metrics Changes - The battery business is entering a pivotal phase with accelerated development cycles, increased production scale, and enhanced capacity [11] - The company has expanded its facility footprint to approximately 31,000 square feet, doubling its battery production capacity [11] - The Apogee exoskeleton suit is being marketed to various sectors, with a focus on addressing labor shortages and enhancing worker safety [15][16] Market Data and Key Metrics Changes - The global market for wearable robotics is projected to reach $42 billion by 2033, indicating significant growth potential [14] - The exoskeleton market is expected to grow from $2.5 billion to $24 billion by 2031, driven by labor shortages in the manufacturing sector [30] Company Strategy and Development Direction - The company is positioning itself as a Bitcoin-first organization, integrating Bitcoin into its core strategy and operations [6][24] - Cooler is focusing on strategic partnerships, such as with German Bionic for exoskeleton technology, to enhance productivity and safety in various industries [30][31] - The company is consolidating its operations from California to Texas to streamline activities and improve efficiency [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in doubling revenue by the end of 2025, citing strong performance in Q1 2025 as a positive indicator [43] - The company acknowledges the challenges in the EV battery market, opting to focus on high-margin sectors instead [45] - Management emphasized the importance of navigating volatility in Bitcoin and the broader market landscape [25] Other Important Information - The company holds $55 million worth of Bitcoin, with a total asset value of $94 million and no material financial debts [27] - A non-operating, non-cash expense of approximately $9.7 million was recorded due to a mark-to-market adjustment of Bitcoin holdings [28] Q&A Session Summary Question: Is KULR still pursuing a deal with UPS for SafeCase? - Yes, the company continues to pursue a deal with UPS on SafeCase for large-sized batteries [34] Question: Does KULR still have a licensing deal with Ampreus? - The company has a technology design partnership with Ampreus, focusing on high-energy and high-power batteries [35][36] Question: Is Cooler paying SpaceX to take their tech into space in 2026? - Yes, Cooler is paying SpaceX to take its CubeSat and battery into space in 2027 [37] Question: Which partnerships do you think will be the most profitable in the short term? - The company is excited about both the Cooler One space development and the new AI robotics opportunity [38] Question: What is the California facility used for now? - The California facility is transitioning all activities to the Webster, Texas facility by the end of the year [39] Question: What do you say to investors waiting on sales agreements? - The company expects to engage more customers and move them into production faster due to the expanded facility [41] Question: Does KULR have plans for other battery needs besides current solutions? - Currently, the focus is on the quarter '1 platform for space, DOD, robotics, and industrial applications, not consumer-oriented products [48]