Nauticus Robotics, Inc. has announced its financial results for the first quarter of 2025. The company reported a revenue of $0.2 million, a decrease from $0.5 million in both the prior-year period and the previous quarter. The net loss for the quarter amounted to $7.6 million, a significant improvement compared to a net loss of $72.8 million in the same period in 2024 and $84.5 million in the prior quarter. Nauticus' adjusted net loss was $6.6 million, compared to $6.4 million for the same period in 2024 and $6.9 million for the previous quarter. The company highlighted the successful integration of SeaTrepid, which is expected to position Nauticus for accelerated growth and allow the combined business to exceed its full-year 2024 revenue during the first half of 2025. Nauticus also conducted At The Market offerings, issuing and selling nearly 7.5 million shares for net proceeds of $19.4 million.
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