Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced thermal management and vibration reduction solutions, is pleased to announce the immediate availability of NASA-certified M35A battery cells, qualified for use in JSC 20793-compliant battery packs. These 18650 cells are ready for procurement and represent a critical advancement in KULR’s mission to provide rapid access to certified space-ready solutions. The M35A cells ...

HOUSTON, Nov. 25, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a provider of advanced thermal management solutions, has been awarded a contract by the U.S. Navy to advance its Internal Short Circuit (ISC) technology to activate at higher temperatures. This development, vital for both military and commercial applications, will support a wide range of safety-critical uses, with particular importance for aviation by enabling the simulation of extreme con ...

HOUSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a provider of advanced thermal management solutions, today announced the development of its proprietary carbon fiber designed custom cathodes in small modular reactors (SMRs) for a prominent nuclear fusion company. As global demand for sustainable energy grows in response to an increased focus on nuclear from hyperscalers aiming to keep up with the rising energy demands of data centers rel ...

Start Time: 16:30 January 1, 0000 4:59 PM ET KULR Technology Group, Inc. (NYSE:KULR) Q3 2024 Earnings Call November 13, 2024, 16:30 PM ET Company Participants Michael Mo - CEO Shawn Canter - CFO Stuart Smith - IR Conference Call Participants Stuart Smith Good afternoon, everyone, and welcome to the KULR Technology Group Third Quarter 2024 Earnings Call. I'm your moderator for the call, Stuart Smith, and I will be joined on the call today by the CEO of KULR Technology Group, Michael Mo and the CFO of the com ...

SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Delaware 001-40454 81-1004273 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) Title of each class: Trading Symbol(s) Name of each exchange on which registered: Common Stock KULR NYSE American LLC Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 13, 2024 KULR TECHNOLOGY GROUP, INC. (Exact name ...

HOUSTON, Nov. 13, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Results Revenues: In the third quarter that ended September 30, 2024, revenue was $3.19 million compared to $3.04 million reported in the same period last year. Cash and Accounts Receivable: As of September 30, 2024, the Company had cash and ...

Market Growth Projections - Global energy storage systems market projected to grow from $210B in 2021 to $435B by 2030[123] - Global lithium-ion battery recycling industry expected to grow from $4.6B in 2021 to $22.8B by 2030[123] - Private space exploration market sector expected to reach $1,110.8B by 2030[123] - Thermal management systems market size projected to grow to $24.8B by 2025[123] - Aircraft maintenance market size expected to reach $127.2B by 2032, up from $82.7B in 2023[123] - Global wind turbine monitoring systems market forecast to increase by $8.72B at a CAGR of 19.34% between 2023 and 2028[133] - Global vibration motor market forecasted to reach $24.1B by 2032[134] Company Financial Performance - Revenue for the three months ended September 30, 2024 increased by $144,771 or 5% compared to the same period in 2023, reaching $3,185,778[151] - Product sales revenue for the three months ended September 30, 2024 decreased by $1,131,269 or 60% compared to the same period in 2023[152] - Contract services revenue for the three months ended September 30, 2024 increased by $247,273 or 22% compared to the same period in 2023[154] - Gross profit for the three months ended September 30, 2024 increased by $919,998 or 69% compared to the same period in 2023, with gross profit margins rising from 44% to 71%[161] - R&D expenses for the three months ended September 30, 2024 decreased by $589,325 or 32% compared to the same period in 2023[164] - Selling, general and administrative expenses for the three months ended September 30, 2024 decreased by $1,877,405 or 41% compared to the same period in 2023[167] Company Financing and Liquidity - Company issued 12,822,356 shares of common stock for aggregate gross proceeds of $3,431,090 from July 3, 2024, through September 30, 2024[136] - Company issued 13,045,200 shares of common stock for aggregate gross proceeds of $4,319,699 from October 1, 2024, through November 12, 2024[136] - The company entered into a $2.35M licensing agreement for its KULR Xero Vibe technology, including a $1.1M minimum guaranteed license and royalty fee[142] - The company reported a working capital deficit of $1,157,755 as of September 30, 2024, compared to $2,994,753 as of December 2023[171] - Net cash used in operating activities for the nine months ended September 30, 2024 was $12,498,818, primarily due to a net loss of $12,903,168[172] - Net cash used in investing activities for the nine months ended September 30, 2024 was $211,005, a significant decrease from $993,699 in the same period in 2023[173] - Net cash provided by financing activities for the nine months ended September 30, 2024 was $12,427,476, primarily due to proceeds from SEPA Advance Notices ($9,104,950), ATM equity financing ($3,327,372), and notes payable ($2,563,900)[174] - Future cash requirements for current liabilities as of September 30, 2024 include $4,375,171 for accounts payable and accrued expenses, $1,245,529 for secured notes payable, and $507,959 for lease payments[175] - Future cash requirements for long-term liabilities as of September 30, 2024 include $930,361 for operating and finance leases and $266,604 for notes payable[176] - The company's primary source of liquidity has historically been cash generated from equity and debt offerings, with recurring net losses and declining working capital raising substantial doubt about its ability to meet future financial obligations[178] - The company entered into an At the Market Offering agreement on July 3, 2024, raising $4,319,699 from the sale of 13,045,200 shares of common stock between October 1, 2024, and November 12, 2024[179] - As of the filing date of the Quarterly Report, the company's outstanding notes payable have been reduced to $1,060,831[179] - The company has no additional commitments for future debt or equity financings, raising substantial doubt about its ability to continue as a going concern for one year from the issuance of the financial statements[180] - The company's unaudited condensed consolidated financial statements do not include adjustments for recoverability of assets or classification of liabilities if the company cannot continue as a going concern[181] - There are no off-balance sheet arrangements that have a material effect on the company's financial condition, results of operations, or capital resources[182] Technology and Innovation - KULR VIBE technology demonstrated a 23% increase in battery life and a 45% lift increase in drone applications[132] Regulatory and Compliance - The company received a notice of noncompliance from NYSE due to stockholders' equity of $1,200,172 as of September 30, 2023, and has until June 20, 2025 to regain compliance[147][150]

HOUSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Wednesday, November 13th, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answ ...

Milestone IP Licensing Deal Expands Business Opportunities via New Business Model HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced a licensing agreement for its proprietary vibration reduction technology named KULR Xero Vibe ("KXV"). The $2.35M landmark deal includes a $1.1M minimum guaranteed license and royalty fee, a unique opportunity for the licensee to purchase propr ...