Aug 13, 2026 earnings call — Refocus on KULR ONE batteries
Q2 revenue was $2.1 million and the company reported a gross loss.
Revenue $0.0B (est $0.0B) · EPS $-0.47 (est $-0.08)
Key quotes
"Fourth, production capacity. Our new Texas facility was not yet contributing in the Q2. The good news is that the facility and the production lines are coming up nicely, and we expect them to be operational in the third quarter."
"Second, we're simplifying. Since the Q2 close, we exited Bitcoin mining, and we repaid our $20 million credit facility in full using proceeds from Bitcoin sales without issuing a single share through our ATM this year."
"It is a customer opportunity that exceeds $5 million."