Kernel (KRNL)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	804.00	804.00	804.00	804.00	804.00	804.00
Cash burn (monthly)	(no burn)	435.42	152.62 k	173.14 k	102.42 k	77.32 k
Cash used (since last report)	n/a	3.81 k	1.34 mm	1.52 mm	897.10 k	677.26 k
Cash remaining	n/a	-3.01 k	-1.34 mm	-1.52 mm	-896.30 k	-676.45 k
Runway (months of cash)	n/a	-6.9	-8.8	-8.8	-8.8	-8.7

Beta Read what these cash burn values mean

Financial data from Kernel earnings reports.

Institutional ownership, Q1 2024

KRNL institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	35	9	+288.9%
Opened positions	29	1	+2800.0%
Closed positions	3	63	-95.2%
Increased positions	0	1	EXIT
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	790.30 mm	6.07 bn	-87.0%
Total shares	29.18 mm	24.75 mm	+17.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Kernel Capital	16.37 mm	$0.00	0.0%
VKSS Capital	7.49 mm	$75.61 mm	0.0%
Periscope Capital	1.24 mm	$67.19 mm	NEW
Cowen And	465.24 k	$18.66 mm	NEW
Antara Capital	452.22 k	$22.16 mm	NEW
NMR Nomura	387.62 k	$18.99 mm	NEW
Bracebridge Capital	270.52 k	$10.85 mm	NEW
Moore Capital Management	250.00 k	$12.25 mm	NEW
Shaolin Capital Management	249.45 k	$10.00 mm	NEW
Q Global Advisors	218.54 k	$9.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
Periscope Capital	1.24 mm	+1.24 mm	NEW
Wolverine Asset Management	5.99 k	-470.93 k	-98.7%
Cowen And	465.24 k	+465.24 k	NEW
Antara Capital	452.22 k	+452.22 k	NEW
NMR Nomura	387.62 k	+387.62 k	NEW
Bracebridge Capital	270.52 k	+270.52 k	NEW
Moore Capital Management	250.00 k	+250.00 k	NEW
Shaolin Capital Management	249.45 k	+249.45 k	NEW
Q Global Advisors	218.54 k	+218.54 k	NEW
LMR Partners	175.00 k	+175.00 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

KRNL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Jun 23	Owl Creek Asset Management	Class A Ordinary Shares, par value $0.0001 per share	Sell	Dispose S	Yes	No	10.49	85,000	891.65 k	677,500

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.