KULR Q1 2025 Earnings Call

​​For those who were unable to make today's, May 15, 2025, earnings call, here's the full recording, including the Q&A portion at the end of the call.

Today's call featured Michael Mo and Shawn Canter discussing the current state of KULR Technology, the current financials, and the future plans of the company.

First Quarter 2025 Financial Highlights:

Same quarter, year-over-year growth of 40%
Third consecutive quarter of record TTM revenue
Strong Balance Sheet:
Strong net cash position - $24M
BTC holdings valued at $55M
~$85M in Cash + BTC value + total AR
No debt
Total assets $94M - up 49% since Dec. 31, 2024
Total liabilities $4M - down 25% since Dec. 31, 2024
Revenue (ex-BTC) per customer is up overall (64%), products (195%), and services (7%)
Revenue per employee up 16% yr/yr

For more details, please visit our website: https://kulr.ai

About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) delivers cutting-edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. On December 4, 2024, KULR announced that its Board of Directors has agreed to include bitcoin as a primary asset in its treasury program and committed to allocating up to 90% of its surplus cash to the acquisition of bitcoin. For more information, please visit www.kulr.ai.