KULR Technology Group, Inc. (KULR)

KULR Technology Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	12.78	13.3	29.83	1.19	10.33	14.86
Cash & Short-Term Investments	12.78	13.3	29.83	1.19	10.33	14.86
Cash Growth	-37.85%	-55.42%	2396.88%	-88.44%	-30.48%	67.38%
Accounts Receivable	1.86	2.08	2.65	0.9	1.54	0.14
Other Receivables	0.64	1.9	0.06	0	0.37	-
Receivables	2.5	3.98	2.71	0.9	1.91	0.14
Inventory	1.95	1.42	0.55	1.18	2.25	0.5
Prepaid Expenses	1.71	1.11	0.35	0.11	0.69	0.15
Other Current Assets	65.58	5.75	0.73	0.52	0.56	0.12
Total Current Assets	84.67	25.56	34.16	3.9	15.74	15.76
Property, Plant & Equipment	9.98	6.82	4.9	4.83	3.52	1.04
Other Intangible Assets	0.3	0.37	0.58	0.72	0.72	0.22
Long-Term Accounts Receivable	0.05	1	1.45	-	-	-
Long-Term Deferred Charges	0.28	0.28	0.16	0.07	0.07	-
Other Long-Term Assets	4.79	94.94	21.68	1.34	3.58	2.21
Total Assets	100.08	128.97	62.93	10.86	23.63	19.23

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.56	3.17	2.06	2.77	1.41	0.45
Accrued Expenses	2.74	1.73	1.11	3.17	2.1	1.08
Short-Term Debt	20	-	-	-	-	0.16
Current Portion of Long-Term Debt	-	-	0.49	-	5.66	-
Current Portion of Leases	0.34	0.37	0.5	0.1	0.22	0.26
Current Unearned Revenue	0.36	0.11	0.03	0.55	0.02	0.13
Other Current Liabilities	0.07	0.9	0.47	0.3	0.27	0.38
Total Current Liabilities	25.08	6.28	4.67	6.9	9.68	2.46
Long-Term Debt	-	-	0.01	6.14	3.2	-
Long-Term Leases	2.43	1.08	0.82	-	0.1	0.41
Other Long-Term Liabilities	-	-	-	0.01	0.16	-
Total Liabilities	27.5	7.36	5.5	13.05	13.13	2.87

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0	0	0	0.01	0.01	0.01
Additional Paid-In Capital	269.67	267.71	141.53	64.39	53.37	39.51
Retained Earnings	-196.7	-145.71	-83.81	-66.29	-42.59	-23.16
Treasury Stock	-0.39	-0.39	-0.3	-0.3	-0.3	-
Total Common Equity	72.57	121.61	57.43	-2.18	10.49	16.37
Shareholders' Equity	72.57	121.61	57.43	-2.18	10.49	16.37
Total Liabilities & Equity	100.08	128.97	62.93	10.86	23.63	19.23

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	22.77	1.45	1.82	6.24	9.17	0.83
Net Cash (Debt)	-9.98	11.85	28.01	-5.05	1.16	14.04
Net Cash Growth	-	-57.67%	-	-	-91.74%	119.23%
Net Cash Per Share	-0.22	0.30	1.20	-0.34	0.09	1.17
Filing Date Shares Outstanding	46.26	46.22	35.53	21.59	14.53	13.11
Total Common Shares Outstanding	46.27	46.04	33.08	16.74	14.13	13.1
Working Capital	59.6	19.28	29.5	-2.99	6.06	13.3
Book Value Per Share	1.57	2.64	1.74	-0.13	0.74	1.25
Tangible Book Value	72.27	121.24	56.85	-2.9	9.77	16.15
Tangible Book Value Per Share	1.56	2.63	1.72	-0.17	0.69	1.23
Machinery	-	8.05	4.46	4.25	1.63	0.14
Construction In Progress	-	-	0.75	0.41	1.43	-
Leasehold Improvements	-	2.16	2.14	2.04	0.35	0.34

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 14, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 24, 2026

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