金色财经
金色财经|Nov 19, 2025 00:54
[KULR Releases Q3 Financial Report: Revenue Reaches $6.88 Million, Up 116% Year-on-Year] Golden Finance reports that KULR Technology Group (NYSE American: KULR) has released its financial report for the third quarter of 2025, with revenue reaching $6.88 million, a year-on-year increase of 116%. Product sales grew by 112% to $1.62 million. During the same period, the company announced collaborations with Amprius and Molicel to launch the KULR ONE Air battery product line for drone systems, established a 3.3 MW Bitcoin mining hosting partnership with Soluna Holdings, and introduced six new CubeSat batteries along with next-generation battery management systems. Despite significant revenue growth, the company's gross margin dropped from 71% in the same period last year to 9%, with a net loss of $6.97 million in the third quarter, primarily due to one-time impairment charges and accounts receivable credit losses.
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