Why did Nauticus Robotics' operating expenses surge in Q3 2024?
5/9/2025 02:42am
Nauticus Robotics' operating expenses for Q3 2024 are not currently available. However, based on the available data, the company's operating expenses were reported at $6.5 million for Q2 2024.
It is important to note that Nauticus Robotics has been undergoing significant developments and testing of its Aquanaut Mark 2 vehicle, which could have led to increased expenses during this period. The company has also been working on strategic initiatives such as the exchange of senior secured convertible debentures for convertible preferred stock, which could have impacted its operating expenses.
Overall, the exact reasons for the surge in operating expenses would require further information about the company's specific operations and developments during Q3 2024.