KULR Technology Group, Inc. (KULR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -8.7M | -13.84M | -9.32M | -11.95M | -9.77M | -4.84M | -3.3M | -5.29M | -3.91M | -1.07M | -1.03M | -5.1M | -4.76M | -3.99M | -4.36M | -4.44M | -4.57M | -1.41M | -1.31M | -2.42M |
| Operating CF Margin % | -179.61% | -483.39% | -135.35% | -300.75% | -399.08% | -143.68% | -103.6% | -217.56% | -223.39% | -45.95% | -34.01% | -189.19% | -270.43% | -219.92% | -312.62% | -755.04% | -2281.55% | -184.22% | -218.56% | -384.91% |
| Operating CF Growth % | 10.92% | -185.87% | -182.36% | -125.83% | -150.09% | -351.62% | -219.07% | -3.75% | 17.9% | 73.11% | 76.25% | -14.96% | -4.03% | -182.7% | -231.61% | -83.45% | -175.01% | -115.64% | -62.42% | -324.75% |
| Net Income | -28.12M | -44.26M | -6.97M | 8.14M | -18.81M | -4.62M | -2M | -5.89M | -5.01M | -5.19M | -5.56M | -6.33M | -6.6M | -4.46M | -5.59M | -5.25M | -4.14M | -4.07M | -3.1M | -3.03M |
| Depreciation & Amortization | 307.49K | 718.33K | -506.85K | 295.36K | 294.37K | 262.14K | 319.92K | 545.91K | 672.87K | 681.3K | 670.71K | 611.9K | 250.19K | 118.57K | 52.28K | 47.09K | 41.46K | 38.55K | 19.26K | 5.14K |
| Stock-Based Compensation | 1.46M | 2.01M | 1.29M | 1.58M | 1.64M | 881.53K | 56.2K | 909.02K | 845.93K | 771.75K | 846.63K | 964.2K | 920.15K | 966.24K | 922.31K | 1.04M | 1.24M | 1.43M | 1.29M | 1.09M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -790.25K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 20.68M | 30.33M | -4.39M | -17.93M | 9.96M | 1.19M | 375.04K | 662.39K | 334.56K | 1.21M | 258.24K | 202.76K | 243.68K | 276.56K | 612.73K | -41.34K | 151.74K | 208.68K | -45.6K | -629 |
| Working Capital Changes | -3.03M | -2.64M | 1.26M | -4.04M | -2.86M | -2.56M | -2.05M | -1.52M | -751.88K | 2.25M | 2.75M | -543.51K | 429.8K | -890.83K | -356.05K | -230.81K | -1.87M | 981.26K | 516.81K | -481.44K |
| Change in Receivables | -1.29M | -1.28M | -324.3K | -1.04M | -451.13K | -1.04M | -2.07M | -943.89K | -81.64K | 378.17K | 1.29M | -933.95K | -112.58K | -212.17K | -780.74K | -371.14K | -56.77K | 414.05K | 64.41K | -269.49K |
| Change in Inventory | -817.15K | -178.3K | -12.49K | 302.69K | -727.95K | 81.71K | 446.17K | 533.85K | 96.62K | 108.41K | -217.3K | 508.89K | 313.28K | -901.47K | -779.06K | 2.76K | -96.02K | -545 | -8.31K | -128.32K |
| Change in Payables | -1.53M | 1.94M | -574.86K | 600.59K | -849.16K | 1.04M | 19.52K | -1.34M | -425.56K | 857.51K | 540.12K | 71.62K | -715.2K | 280.73K | 531.01K | 112.74K | -265.77K | 387.15K | -54.95K | -58.7K |
| Cash from Investing | -1.54M | -3.58M | -11.86M | -28.92M | -44.72M | -21.39M | -47.98K | -149.62K | -13.4K | -52.41K | -98.72K | -536.49K | -358.49K | -1.88M | -2.23M | -297.89K | -248.89K | -1.35M | -1.35M | -36.49K |
| Capital Expenditures | -173.61K | -2.58M | -169.71K | -194.82K | -217.17K | -385.18K | -47.98K | -149.62K | -13.4K | -52.41K | -98.72K | -536.49K | -358.49K | -1.88M | -2.23M | -297.89K | -248.89K | -1.35M | -1.35M | -36.49K |
| CapEx % of Revenue | 3.58% | 90.05% | 2.46% | 4.9% | 8.87% | 11.43% | 1.51% | 6.15% | 0.77% | 2.25% | 3.25% | 19.9% | 20.37% | 103.42% | 159.76% | 50.7% | 124.13% | 176.34% | 224.72% | 5.81% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.37M | 113.39M | -81.59M | -3.33M | 0 | -21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 4.62M | 10.14M | 21.2M | 36.99M | 49.11M | 55.15M | 3.24M | 5.66M | 3.52M | 1.15M | 979.75K | -229.25K | 1.97M | 28.22K | 9.76M | 7.59M | 92.75K | 6.63M | 1.49M | 8.45M |
| Debt Issued (Net) | 5M | -4.79M | 3.8M | -612 | -578.28K | -902.35K | 84.49K | -525.53K | 730.33K | 250K | 0 | 0 | 0 | 0 | -925.07K | 4.66M | 0 | 0 | 0 | -1.4M |
| Equity Issued (Net) | 0 | 15.38M | 17.83M | 38.33M | 51.15M | 57.98M | 3.43M | 6.19M | 2.91M | 1.03M | 4.88M | -229.25K | 0 | 2.13K | 195.23K | 2.93M | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -97.52K | 0 | 0 | 0 | -500K | 0 | 0 | 0 | 0 | 0 | -229.25K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -376K | -448.3K | -427.45K | -1.34M | -1.47M | -1.93M | -271.76K | -10K | -116.1K | -132.8K | -3.9M | 0 | 1.97M | 26.09K | 10.49M | 0 | 92.75K | 6.63M | 1.49M | 9.85M |
| Net Change in Cash | -5.62M | -7.29M | 18.49K | -3.88M | -5.38M | 28.92M | -104.53K | 218.1K | -395.92K | 27.45K | -153.34K | -5.87M | -3.15M | -5.84M | 3.18M | 2.86M | -4.73M | 3.87M | -1.17M | 5.99M |
| Free Cash Flow | -8.88M | -16.42M | -9.49M | -12.14M | -9.99M | -5.23M | -3.35M | -5.41M | -3.92M | -1.12M | -1.13M | -5.64M | -5.12M | -5.86M | -6.58M | -4.73M | -4.82M | -2.76M | -2.66M | -2.45M |
| FCF Margin % | -183.2% | -573.44% | -137.82% | -305.65% | -407.95% | -155.11% | -105.26% | -222.57% | -224.16% | -48.19% | -37.26% | -209.09% | -290.8% | -323.34% | -472.38% | -805.74% | -2405.69% | -360.55% | -443.28% | -390.72% |
| FCF Growth % | 11.12% | -214.14% | -182.96% | -124.34% | -154.77% | -364.82% | -195.94% | 3.96% | 23.38% | 80.82% | 82.78% | -19.05% | -6.1% | -112.36% | -147.06% | -92.86% | -189.97% | -303.54% | -223% | -309.58% |
| FCF per Share | -0.19 | -0.41 | -0.23 | -0.32 | -0.05 | -0.03 | -0.02 | -0.03 | -0.03 | -0.01 | -0.01 | -0.05 | -0.05 | -0.05 | -0.06 | -0.05 | -0.05 | -0.03 | -0.03 | -0.03 |
| FCF Conversion (FCF/Net Income) | 0.31x | 0.31x | 1.34x | -1.47x | 0.52x | 1.05x | 1.65x | 0.90x | 0.78x | 0.21x | 0.19x | 0.80x | 0.72x | 0.89x | 0.78x | 0.84x | 1.11x | 0.35x | 0.42x | 0.80x |
| Interest Paid | 0 | 0 | 0 | 0 | 30.22K | 44.88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |