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KULR reports $62M loss but 51% revenue growth driven by battery and crypto mining.
KULR Technology Group reported a net loss of $62 million in 2025, driven by one-time non-cash items like a $13.8 million Bitcoin adjustment and a $6.9 million write-off.
Despite the loss, revenue rose 51% to $16.1 million, driven by Bitcoin mining and research grants.
The company highlighted growth in its KULR ONE battery platform, with over 20 active customer programs and a projected output of nearly 10,000 battery packs per month by late 2026.
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KULR reporta pérdidas de $62M pero un 51% de crecimiento de ingresos impulsado por la batería y la cripto minería.