Nauticus Robotics, Inc. (NASDAQ:KITT) shares are down Wednesday after the company reported its second-quarter financial results. Here's a look at the details from the report.  The Details: Nauticus Robotics reported quarterly losses per share of $2.75 on revenue of $501,710 for the quarter, representing a 55.53% decrease in sales from the same period last year. The company said the deepwater electronics upgrades to Vehicle 1 are ongoing, and once the vehicle is fully assembled it will be shipped to FAU to continue development and testing. Vehicle 1 will become the test and qualification vehicle for these capabilities while Vehicle 2 will remain revenue generating. Once new capability qualifications are complete, they will be loaded onto Vehicle 2 to expand Nauticus’ revenue generating opportunities by having two working vehicles with additional capabilities. Read Next: Ouster Shares Fall After Q2 Results: Here’s Why “I would like to thank our existing lenders for their continued support. Their steady conversion ...