KULR swings to Q3 net income of $4.47 million; revenue nearly triples to $7.4 million

• KULR swung to third-quarter 2026 net income of $4.47 million, driven by a $15.8 million non-recurring digital-asset gain.
• Revenue more than doubled year-over-year to $7.4 million.
• Operating loss widened 26% year-over-year to $11 million, primarily driven by increased research and development expenses.
• The company completed its Bitcoin exit and ended the quarter with $54.5 million in cash.
• A November workforce reduction is expected to generate approximately $4 million in annualized cost savings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KULR Technology Group Inc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100815PRIMZONEFULLFEED9874068) on November 10, 2026, and is solely responsible for the information contained therein.