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[NT 10-Q] KULR Technology Group, Inc. SEC Filing

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
NT 10-Q
Rhea-AI Filing Summary

KULR Technology Group filed a Form 12b-25 to notify a late filing of its Q3 2025 Form 10-Q for the period ended September 30, 2025. The company cites the need for additional time to finalize the quarterly financial statements and related disclosures.

KULR anticipates filing within the five-day grace period under Rule 12b-25. The company also expects a significant change in net loss versus the prior-year quarter due to anticipated non-cash impairment and credit loss charges associated with the recent deteriorating financial condition of an investee and a customer.

Positive
  • None.
Negative
  • None.

Insights

Late 10-Q with expected non-cash charges; timing within grace period.

KULR indicates it needs more time to complete Q3 financials and disclosures, using the Rule 12b-25 five-day grace period. This is a procedural step that defers the 10-Q but signals additional closing work on accounting items.

The company expects a significant year-over-year change in net loss from anticipated non-cash impairment and credit loss charges tied to an investee and a customer. While not quantified here, such charges reduce GAAP earnings without immediate cash outflow.

The actual impact depends on the final amounts reflected in the Q3 10‑Q. Subsequent filings will provide the specific figures and details behind the impairment and credit loss assessments.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

  FORM 12b-25 SEC FILE NUMBER
  001-40454
     
  NOTIFICATION OF LATE FILING CUSIP NUMBER
    50125G307

 

(Check one): ¨ Form 10-K ¨ Form 20-F ¨ Form 11 -K  x Form 10-Q ¨ Form 10-D ¨ Form N-SAR ¨ Form N-CSR
   
  For Period Ended: September 30, 2025
   
 

¨ Transition Report on Form 10-K

¨ Transition Report on Form 20-F

¨Transition Report on Form 11-K

¨Transition Report on Form 10-Q

¨ Transition Report on Form N-SAR

   
  For the Transition Period Ended: __________________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
 
PART I - REGISTRANT INFORMATION
 
KULR Technology Group, Inc.
Full Name of Registrant
 
 
Former Name if Applicable
 
555 Forge River Road
Address of Principal Executive Office (Street and Number)
 
Webster, Texas, 77598
City, State and Zip Code

 

 

 

 

 

PART II - RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

  (a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
x (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
  (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

 

PART III - NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

KULR Technology Group, Inc. (the “Company”) is unable file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 (the “Form 10-Q”) by the prescribed due date without unreasonable effort or expense because the Company requires additional time to finalize the financial statements for the three months ended September 30, 2025 (the “Q3 Financial Statements”) and related disclosures to be included in the Form 10-Q.

 

The Company anticipates that it will file its Form 10-Q within the five-day grace period provided by Rule 12b-25 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

 

PART IV - OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

Michael Mo   (408)    663-5247
(Name)   (Area Code)   (Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). Yes x No ¨
   
(3)

Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

Yes x  No ¨

   
 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

The Company expects that the results of operations to be included in the Form 10-Q will reflect significant changes in the Company’s net loss from the corresponding period for the last fiscal year due to anticipated non-cash impairment and credit loss charges associated with the recent deteriorating financial condition of an investee and customer. The Company is unable to provide reasonable estimates regarding the changes in results of operations because the Company requires additional time to complete its financial statement preparation and review processes.

 

KULR Technology Group, Inc.
(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date November 14, 2025   By. /s/ Michael Mo  
        Chief Executive Officer  

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.

 

  ATTENTION  
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

 

 

FAQ

What did KULR (KULR) announce in this NT 10-Q filing?

KULR filed a Form 12b-25 notifying a late filing of its Q3 2025 Form 10-Q to allow more time to finalize financial statements and disclosures.

When does KULR expect to file the Q3 2025 Form 10-Q?

The company anticipates filing within the five-day grace period provided by Rule 12b-25.

What period does the delayed report cover for KULR (KULR)?

The delayed Form 10-Q covers the quarter ended September 30, 2025.

Does KULR expect a change in results for Q3 2025?

Yes. KULR expects a significant change in net loss due to anticipated non-cash impairment and credit loss charges.

What is driving KULR’s expected non-cash charges?

The anticipated charges are associated with the recent deteriorating financial condition of an investee and a customer.

Are KULR’s other periodic reports current?

Yes. The company indicated that all other required periodic reports over the last 12 months have been filed.
Kulr Technology

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