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Form 8-K

sec.gov

8-K — KULR Technology Group, Inc.

Accession: 0001104659-26-095937

Filed: 2026-08-13

Period: 2026-08-13

CIK: 0001662684

SIC: 3670 (ELECTRONIC COMPONENTS & ACCESSORIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — tm2623145d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2623145d1_ex99-1.htm)

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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):

August 13, 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 principal 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 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 August 13, 2026, KULR Technology

Group, Inc. (the “Company”) issued a press release announcing certain financial results for the second quarter ended June

30, 2026. 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 August 13, 2026.

104

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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: August 13, 2026

By:

/s/ Michael Mo

Michael Mo

Chief Executive Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2623145d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

KULR Technology

Group Reports Second Quarter 2026 Financial Results

HOUSTON / GLOBENEWSWIRE / August 13, 2026

/ KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a developer of safe, high-power

energy systems that enable physical AI across space, defense, drones, data centers, robotics, and other mission-critical applications,

today announced its financial results for the second quarter 2026.

Second Quarter 2026 Financial Results:

Revenues: Revenue decreased 43% to $2,080,177

in the second quarter ended June 30, 2026, from $3,652,471 reported in the same year-ago period.

Gross Margins: Gross margin was (31)% in the second

quarter ended June 30, 2026, compared to 20% in the same year-ago period.

Selling, General and Administrative (SG&A)

Expenses: SG&A expenses decreased 9% to $6,307,097 in the second quarter ended June 30, 2026, from $6,941,599 reported in the same

year-ago period.

R&D Expenses: R&D expenses increased 23%

to $2,985,659 in the second quarter ended June 30, 2026, from $2,436,754 in the same year-ago period.

Operating Loss: Loss from operations increased

19% to $11,204,578 in the second quarter ended June 30, 2026, compared to $9,451,040 reported in the same year-ago period.

Net Loss: Net loss for the second quarter of 2026

was $21,970,816, or a net loss of $0.47 per share, compared to net income of $8,142,149, or net income of $0.22 per share from the year-ago

period. The net loss in the second quarter of 2026 was primarily driven by a $10,591,667 change in fair value loss associated with the

Company’s bitcoin holdings.

Management Commentary

KULR Chief Financial Officer Mike Kimel commented,

“During the second quarter of 2026, we continued sharpening our focus on KULR’s core energy platform and simplifying the business

around our highest-priority growth opportunities. The Bitcoin treasury strategy provided meaningful financial flexibility, but its volatility

also had a significant impact on our reported results, including approximately $10.6 million of non-cash change in fair value losses,

making the underlying performance of our battery business more difficult for shareholders to assess. Since quarter-end, we have exited

Bitcoin mining, repaid the Coinbase loan in full, and begun reducing our Bitcoin holdings in a deliberate and disciplined manner. These

actions are designed to reduce balance-sheet volatility, improve financial visibility, and allow us to concentrate our capital and execution

on scaling the core business while maintaining a disciplined approach to shareholder dilution. Importantly, we did not issue any shares

through the ATM during the first half of 2026.”

The Company reported a cash balance of $12.8 million

as of June 30, 2026.

KULR Technology Group Second Quarter 2026 Earnings

Call

Date: Thursday, August 13th,

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 Second Quarter 2026 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).

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.

About KULR Technology Group, Inc.

KULR Technology Group, Inc. (NYSE American: KULR)

is an energy-systems platform company that designs and manufactures safe, high-power battery solutions for physical AI and other mission-critical

applications. Its KULR ONE® platform integrates advanced battery architecture, thermal management, safety engineering, battery management

systems, and power electronics to serve space and defense, drones and electric aviation, AI data-center backup, robotics, and Energy-as-a-Service

markets. Based in Webster, Texas, KULR is scaling domestic production to support the growing energy demands of physical AI and autonomous

systems. Learn more at KULR.ai.

Find KULR: Website | X | Telegram

| LinkedIn | Instagram | TikTok | Facebook

Investor Relations:

KULR Technology Group, Inc.

Email: ir@kulr.ai

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