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KULR Technology (KULR) - 2024 Q4 - Annual Results
KULRKULR Technology (KULR)2025-03-27 20:17

Exhibit 99.1 Fourth Quarter 2024 Financial Highlights: Fourth Quarter 2024 and Recent Operational Highlights: · Revenue increased by 44% to 3.37millionfromthesamequarterlyperiodoftheprioryear.Operatinglossdecreasedby293.37 million from the same quarterly period of the prior year. · Operating loss decreased by 29% to 3.54 million from the same quarterly period of the prior year. · The Company had 29.83millionincashasofDecember31,2024,comparedto29.83 million in cash as of December 31, 2024, compared to 1.19 million as of December 31, 2023. In addition, the Company had $20.28 million of Bitcoin holdings as of December 31, 2024, c ...