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Nauticus Robotics Says Certain Previously Issued Unaudited Condensed Consolidated Financial Statements Should Be Amended And Restated

Author: Benzinga Newsdesk | March 19, 2025 05:27pm

As such, the Company will restate its financial statements for the Affected Periods in an amendment to the Q1 Form 10-Q, Q2 Form 10-Q and Q3 Form 10-Q, respectively, to be filed as soon as practicable.

The Company currently estimates that the impact of the accounting matter will result in changes in Q1 2024, Q2 2024 and Q3 2024 for Notes Payable, Interest Expense and Change in fair value of new convertible debentures, all on a non-cash basis. 

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