SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 31, 2026

KULR TECHNOLOGY GROUP, INC.

(Exact name of the registrant as specified in its charter)

Delaware		001-40454		81-1004273
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

555 Forge River Road, Suite 100, Webster, Texas 77598

(Address of principle executive offices) (Zip code)

Registrant’s telephone number, including area code: (408) 663-5247

N/A

(Former name or address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14D-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbol(s)		Name of each exchange on which registered:
Common Stock		KULR		NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02

Results of Operations and Financial Condition

On March 31, 2026, KULR Technology Group, Inc. (the “Company”) issued a press release announcing certain financial results for the fourth quarter and full year ended December 31, 2025. A copy of the press release is incorporated herein by reference and is furnished as Exhibit 99.1.

The information under this Item 2.02 is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01

Financial Statements and Exhibits

(d) Exhibits

The following exhibits are being furnished as part of this Current Report on Form 8-K.

Exhibit No.		Description
99.1		Press Release dated March 31, 2026.
104		Cover Page Interactive Data File - The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized.

	KULR TECHNOLOGY GROUP, INC.

Date: March 31, 2026	By:	/s/ Michael Mo
		Michael Mo
		Chief Executive Officer

Exhibit 99.1

KULR Reports Fourth Quarter Revenue and Full-Year 2025 Financial Results

HOUSTON / GLOBENEWSWIRE / March 31, 2026 / KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, hyperscale AI data centers, and telecom infrastructure OEMs, today announced its financial results for the fourth quarter and full-year 2025.

KULR CEO Michael Mo commented, “2025 marked a year of meaningful progress for KULR as we strengthened our commercial foundation and continued positioning the Company at the intersection of battery safety, performance, and next-generation energy infrastructure. We are entering 2026 with sharper strategic focus, increasing traction in priority verticals, and confidence in our ability to convert technical leadership into long-term shareholder value.”

Fourth Quarter 2025 Financial Results:

Revenues: Revenue decreased 15% to $2,863,961 in the fourth quarter ended December 31, 2025, from $3,370,594 reported in the same year-ago period.

Selling, General and Administrative (SG&A) Expenses: SG&A expenses increased 77% to $7,860,094 in the fourth quarter ended December 31, 2025, from $4,437,032 reported in the same year-ago period.

R&D expenses: R&D expenses in the fourth quarter of 2025 increased to $3,545,372 from $1,246,161 in the same period last year.

Operating Loss: Loss from operations was $15,367,084 for the fourth quarter of 2025, compared to $3,540,864 from the same period last year.

Net Loss: Net loss for the fourth quarter of 2025 increased to $44,261,358, or a loss of $.97 per share, compared to a net loss of $4,620,461, or a loss of $0.16 per share from the same period last year. Higher net loss in the fourth quarter of 2025 was primarily driven by a $28,256,664 mark-to-market loss associated with the Company’s bitcoin holdings.

Full-Year 2025 Financial Results:

Revenues: Revenue increased 51% to $16,170,404 in 2025 from $10,737,481 in 2024. The Company continued to build its relationships with a wide range of energy, transport and aerospace partners during the year ended December 31, 2025. These additions reflect management’s commitment to build new customer relationships through a growing pool of referrals and business development leads.

Selling, General and Administrative (SG&A) Expenses: SG&A expenses increased to $27,696,969 in 2025 from $15,979,852 in 2024. The increase was due to strategic investment and business and corporate development related activities.

R&D expenses: R&D expenses in 2025 increased to $10,755,036 from $4,738,305 in 2024. The 127% increase was primarily attributable to planned increases in R&D services and personnel during 2025, including approximately $4.5 million of higher costs associated with third-party engineering and development services related to fan development and acoustic studies, the purchase of testing equipment, and investments to support manufacturing expansion.

Operating Loss: Loss from operations was $43,000,505 in 2025, compared to $15,234,959 in 2024.

Net Loss: Net loss for 2025 increased to $61,899,782 or a loss of $1.56 per share, compared to a net loss of $17,523,629, or a loss of $0.75 per share in 2024.

Cash Position: The Company reported cash balances of $13,300,188 as of December 31, 2025, compared to $29,831,858 as of December 31, 2024. In addition, the Company had $93,995,256 of Bitcoin holdings as of December 31, 2025, compared to $20,281,184 as of December 31, 2024.

Management Commentary

KULR Chief Financial Officer, Shawn Canter, said with respect to the fourth quarter and full-year 2025 results, “While overall revenue grew 51% year over year, we are particularly focused on the 39% growth in product revenue as we shift toward a more scalable product-led model. Although our reported net loss included significant non-cash charges and planned investments for future growth, we believe the underlying direction of the business reflects improving commercial traction and a stronger foundation for long-term scale.”

KULR Technology Group Fourth Quarter and Full-Year 2025 Earnings Call

Date: Tuesday, March 31^st, 2026

Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)

To access the call, please register using the following link: KULR Fourth Quarter and Full-Year 2025 Earnings Call. After registering, an email will be sent, including dial-in details and a unique conference call access code and PIN required to join the live call. The conference call will be available for replay here via the Investor Relations section on KULR’s website (www.kulr.ai).

About KULR Technology Group, Inc.

KULR Technology Group, Inc. (NYSE American: KULR) is an energy-systems platform company delivering certifiable battery safety, vibration-mitigation, and thermal control solutions that enable ultra-high-power lithium-ion systems and sensitive electronics to operate reliably across space and defense missions, hyperscale AI data centers, telecom infrastructure, and mobility applications. Learn more at KULR.ai.

Safe Harbor Statement

This release contains certain forward-looking statements based on our current expectations, intentions and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2026, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All such forward-looking statements that are provided by management in this release are based on information available at this time, and management expects that internal expectations may change over time. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Investor Relations:

KULR Technology Group, Inc.

Phone: 858-866-8478 x 847

Email: [email protected]

KULR Media Relations:

M Group Strategic Communications (on behalf of KULR)

Email: [email protected]