Is Kitt a good buy

**Nauticus Robotics, Inc. (KITT) is not a good buy at this time.** Here's why:

1. **Financial Performance**: The company has reported a net income loss of $5.37 million and a diluted EPS of -$2.75 for the most recent quarter, indicating a loss in earnings. This is a concern as it shows that the company is not generating profits.

2. **Revenue Growth Rate**: The company's revenue has declined by 55.53% year-over-year, which is a concerning trend. This decline could be indicative of underlying issues with the company's business model or market position.
3. **Net Income Growth Rate**: The company's net income has decreased by 125.99% year-over-year, which is a significant decline.
4. **Stock Price Movement**: The company's stock has experienced a pre-market drop of 12%, reflecting poor investor sentiment.
5. **Strategic Extensions**: The company has received an extension from Nasdaq to regain compliance with listing standards by December 31, 2024. This extension follows a Nasdaq Hearings Panel meeting where the company presented its compliance plan. This could indicate that the company is facing challenges in regaining compliance and may not be in a strong financial position.

In conclusion, the financial losses, revenue decline, and strategic challenges suggest that KITT is not in a strong position to make a significant investment. Investors should carefully consider these factors and monitor the company's future performance before making an investment decision.