Home / Going-concern warnings / Nauticus Robotics, Inc.

4/5Nauticus Robotics, Inc. (KITT): Going-concern doubt

Filed 2026-04-15 · Form 10-K · Accession 0001849820-26-000051 nano

Market data

Price before filing: $25.44 (2026-04-14 close, split/dividend-adjusted)
Market cap at flag: $23.2M (2026-04-15) · Latest: $1.1M (2026-10-16)

What happened next

Window	KITT	SPY	vs SPY
30 days	-56.8%	+6.4%	-63.3%	2026-05-15
90 days	-79.5%	+8.5%	-88.0%	2026-07-14
180 days	-94.7%	+12.6%	-107.3%	2026-10-12

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $586 (1 sale)
30 days after: none reported.

Date	Insider	Type	Shares	Price	Value	10b5-1 plan	Source
2026-02-24	GIBSON JOHN W JR CEO, Director	Sale	715	$0.82	$586	no	Form 4
2026-04-15: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-01-15 to 2026-05-15. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"All of these matters raise substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-K (period 2025-12-31)

Read the original filing on SEC.gov →