Complete Filing Data
Kinetic Seas Inc. reported Stockholders Equity of -$156.1 thousand for FY2022.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Kinetic Seas Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Net Income Loss | -$3.9M | -$161.0K | -$94.1K | $22.7K |
| Selling General And Administrative Expense | $507.4K | $121.5K | $75.7K | $35.9K |
| Operating Income Loss | -$3.8M | -$121.5K | -$75.7K | -$35.9K |
| Operating Expenses | $3.8M | $121.5K | $75.7K | $35.9K |
| Nonoperating Income Expense | -$129.9K | -$39.4K | -$18.5K | $58.6K |
| Revenues | $210.6K | $0.00 | $0.00 | $0.00 |
| Gross Profit | $52.8K | $0.00 | $0.00 | $0.00 |
| Cost Of Revenue | $157.8K | $0.00 | $0.00 | $0.00 |
| Interest Expense | $39.4K | $18.5K | $1.4K | |
| Interest Expense Nonoperating | $129.9K | $39.4K | ||
| Income Taxes Paid Net | $0.00 | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income Loss | -$206.1K | -$1.0M | -$223.9K | -$1.1M | -$457.6K | -$199.3K | -$28.0K | -$30.7K | -$7.3K | -$56.8K | -$10.3K | -$3.6K | $53.7K | -$19.9K | -$4.8K |
| Selling General And Administrative Expense | $346.7K | $89.3K | $82.5K | $149.1K | $283.0K | $111.0K | $17.3K | $22.2K | $0.00 | $52.8K | $6.9K | $1.4K | $4.9K | ||
| Operating Income Loss | -$158.3K | -$978.0K | -$193.6K | -$1.0M | -$442.9K | -$194.8K | -$17.3K | -$22.2K | -$2.7K | -$52.8K | -$6.9K | -$1.4K | -$4.9K | ||
| Operating Expenses | $249.8K | $965.0K | $204.4K | $1.1M | $458.2K | $197.5K | $17.3K | $22.2K | $2.7K | $52.8K | $6.9K | $1.4K | $4.9K | ||
| Nonoperating Income Expense | -$47.8K | -$40.8K | -$30.2K | -$10.1K | -$14.7K | -$4.6K | -$10.7K | -$8.5K | -$4.6K | -$4.0K | -$3.4K | -$2.2K | $58.6K | ||
| Revenues | $91.5K | $0.00 | $67.9K | $65.0K | $61.8K | $10.6K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Gross Profit | $91.5K | -$13.0K | $10.7K | $12.5K | $15.4K | $2.7K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Cost Of Revenue | $0.00 | $13.0K | $57.2K | $52.5K | $46.4K | $7.8K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Interest Expense | $4.6K | $10.7K | $8.5K | $4.6K | $4.0K | $3.4K | $2.2K | $1.4K | |||||||
| Interest Expense Nonoperating | $47.8K | $40.8K | $30.2K | $10.1K | $14.7K | $4.6K | $10.7K | $8.5K | |||||||
| Income Taxes Paid Net | $0.00 | $0.00 |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Stockholders Equity | -$156.1K | -$62.0K | -$105.7K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $1.4K | $4.7K | $2.1K | ||
| Interest Payable Current | $11.1K | $21.7K | $3.2K | ||
| Retained Earnings Accumulated Deficit | -$1.1M | -$956.8K | -$862.7K | ||
| Liabilities Current | $226.6K | $157.5K | $66.7K | ||
| Liabilities And Stockholders Equity | $31.1K | $1.4K | $4.7K | ||
| Common Stock Value | $266.00 | $30.00 | $1.4K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | -$13.0K | $16.6K | -$3.3K | $2.5K | |
| Assets Current | $17.9K | $1.4K | $4.7K | ||
| Assets | $31.1K | $1.4K | $4.7K | ||
| Accrued Liabilities Current | $33.5K | $33.5K | $33.5K | ||
| Accounts Payable Current | $0.00 | $12.4K | $0.00 | ||
| Notes Payable Related Parties Current | $182.0K | $90.0K | $30.0K | ||
| Property Plant And Equipment Net | $13.1K | $0.00 | |||
| Preferred Stock Value | $0.00 | $0.00 | |||
| Accounts Receivable Net Current | $0.00 | ||||
| Repayments Of Related Party Debt | $38.4K | $0.00 | $0.00 | $10.6K | |
| Operating Lease Right Of Use Asset | $82.9K | $0.00 | |||
| Deferred Costs Current | $10.9K | $0.00 | |||
| Operating Lease Liability Noncurrent | $0.00 | ||||
| Operating Lease Liability Current | $0.00 | ||||
| Operating Lease Expense | |||||
| Notes Payable Current | $0.00 | ||||
| Liabilities | $226.6K | ||||
| Gains Losses On Extinguishment Of Debt | $0.00 | $60.0K | |||
| Repayments Of Notes Payable | |||||
| Reduction Of Accrued Interest With Common Stock | $50.0K | $0.00 | |||
| Cash Overdraft | |||||
| Accrued Bonuses Current |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity | -$852.6K | -$1.1M | -$1.2M | -$2.0M | -$335.4K | -$385.2K | -$144.9K | -$195.5K | -$222.2K | -$194.2K | -$163.5K | -$132.7K | -$75.9K | -$65.6K | -$55.7K | -$109.4K | -$110.5K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $0.00 | $0.00 | $0.00 | $4.9K | $14.0K | $60.2K | $1.7K | $17.9K | $3.9K | $5.1K | $13.4K | $3.6K | $19.6K | $24.7K | $14.2K | ||
| Interest Payable Current | $67.1K | $42.0K | $22.0K | $9.1K | $4.9K | $4.6K | $11.5K | $45.4K | $34.8K | $26.3K | $12.8K | ||||||
| Retained Earnings Accumulated Deficit | -$6.5M | -$6.3M | -$5.2M | -$5.0M | -$2.8M | -$1.8M | -$1.3M | -$1.0M | -$994.9K | -$964.2K | -$933.4K | ||||||
| Liabilities Current | $966.8K | $1.3M | $1.3M | $2.2M | $487.2K | $578.5K | $250.0K | $226.1K | $199.3K | $176.8K | $136.3K | ||||||
| Liabilities And Stockholders Equity | $149.9K | $233.7K | $165.7K | $190.4K | $151.8K | $193.3K | $105.2K | $3.9K | $5.1K | $13.4K | $3.6K | ||||||
| Common Stock Value | $514.00 | $488.00 | $445.00 | $163.00 | $170.00 | $165.00 | $316.00 | $30.00 | $30.00 | $1.4K | $1.4K | ||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | -$4.9K | -$16.2K | $12.0K | $20.0K | |||||||||||||
| Assets Current | $38.7K | $108.1K | $25.9K | $36.5K | $58.3K | $90.3K | $12.3K | $3.9K | $5.1K | $13.4K | $3.6K | ||||||
| Assets | $149.9K | $233.7K | $165.7K | $190.4K | $151.8K | $193.3K | $105.2K | $3.9K | $5.1K | $13.4K | $3.6K | ||||||
| Accrued Liabilities Current | $442.00 | $139.5K | $421.0K | $1.5M | $33.5K | $241.0K | $41.3K | $33.5K | $33.5K | $33.5K | $33.5K | ||||||
| Accounts Payable Current | $369.0K | $339.8K | $216.4K | $163.6K | $102.7K | $24.7K | $15.2K | $2.2K | $11.0K | $11.1K | $0.00 | ||||||
| Notes Payable Related Parties Current | $255.6K | $255.6K | $220.6K | $199.1K | $196.1K | $161.5K | $182.0K | $145.0K | $120.0K | $106.0K | |||||||
| Property Plant And Equipment Net | $55.7K | $65.2K | $74.6K | $84.1K | $93.5K | $103.0K | $92.9K | ||||||||||
| Preferred Stock Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
| Accounts Receivable Net Current | $38.7K | $5.3K | $25.9K | $20.7K | $20.8K | $20.0K | $10.6K | ||||||||||
| Repayments Of Related Party Debt | |||||||||||||||||
| Operating Lease Right Of Use Asset | $55.6K | $60.5K | $65.2K | $69.8K | $82.9K | ||||||||||||
| Deferred Costs Current | $0.00 | $0.00 | $0.00 | $10.9K | |||||||||||||
| Operating Lease Liability Noncurrent | $35.7K | $41.0K | $45.6K | $50.0K | |||||||||||||
| Operating Lease Liability Current | $20.9K | $20.3K | $20.3K | $20.3K | |||||||||||||
| Operating Lease Expense | $15.0K | $29.7K | $0.00 | $0.00 | |||||||||||||
| Notes Payable Current | $252.8K | $308.8K | $295.1K | $231.2K | |||||||||||||
| Liabilities | $1.0M | $1.3M | $1.3M | $2.2M | |||||||||||||
| Gains Losses On Extinguishment Of Debt | $0.00 | $0.00 | $0.00 | $60.0K | |||||||||||||
| Repayments Of Notes Payable | $1.8K | $0.00 | |||||||||||||||
| Reduction Of Accrued Interest With Common Stock | $50.0K | $0.00 | |||||||||||||||
| Cash Overdraft | $483.00 | $0.00 | |||||||||||||||
| Accrued Bonuses Current | $0.00 | $164.0K | $107.6K | $55.6K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Proceeds From Related Party Debt | $55.5K | $0.00 | $60.0K | $10.6K |
| Net Cash Provided By Used In Operating Activities | -$1.1M | -$133.7K | -$63.3K | -$29.5K |
| Net Cash Provided By Used In Financing Activities | $1.2M | $163.6K | $60.0K | $32.0K |
| Increase Decrease In Accounts Payable | $219.2K | -$12.4K | $12.4K | -$17.8K |
| Payments To Acquire Property Plant And Equipment | $100.2K | $13.3K | $0.00 | |
| Net Cash Provided By Used In Investing Activities | -$100.2K | -$13.3K | $0.00 | |
| Proceeds From Issuance Of Common Stock | $911.1K | $71.6K | ||
| Increase Decrease In Accrued Liabilities | $1.5M | $0.00 | $0.00 | $3.4K |
| Share Based Compensation | $1.1M | $0.00 | $0.00 | $19.0K |
| Increase Decrease In Interest Payable Net | $39.4K | $18.5K | $3.2K | |
| Increase Decrease In Accounts Receivable | $20.7K | $0.00 | ||
| Depreciation Depletion And Amortization | $29.2K | $185.00 | $0.00 | |
| Proceeds From Notes Payable | $231.2K | $0.00 | ||
| Increase Decrease In Accrued Interest Receivable Net | $2.0K | -$39.4K | ||
| Increase Decrease In Deferred Charges | $10.9K | |||
| Increase Decrease In Operating Lease Liability | $481.00 | $0.00 | ||
| Increase Decrease In Employee Related Liabilities |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2025 | Q1 2024 | Q1 2023 | Q1 2022 |
|---|---|---|---|---|
| Proceeds From Related Party Debt | $21.5K | $0.00 | $16.0K | $20.0K |
| Net Cash Provided By Used In Operating Activities | -$90.4K | -$182.7K | -$4.0K | $0.00 |
| Net Cash Provided By Used In Financing Activities | $85.5K | $250.0K | $16.0K | $20.0K |
| Increase Decrease In Accounts Payable | $52.8K | $15.2K | -$1.3K | $1.4K |
| Payments To Acquire Property Plant And Equipment | $0.00 | $83.5K | $0.00 | |
| Net Cash Provided By Used In Investing Activities | $0.00 | -$83.5K | $0.00 | |
| Proceeds From Issuance Of Common Stock | $0.00 | $250.0K | $0.00 | |
| Increase Decrease In Accrued Liabilities | -$101.00 | $8.3K | $4.6K | |
| Share Based Compensation | ||||
| Increase Decrease In Interest Payable Net | $4.6K | $2.2K | ||
| Increase Decrease In Accounts Receivable | $5.1K | $10.6K | $0.00 | |
| Depreciation Depletion And Amortization | $9.5K | $3.7K | $0.00 | |
| Proceeds From Notes Payable | $65.8K | $0.00 | ||
| Increase Decrease In Accrued Interest Receivable Net | -$12.9K | $0.00 | ||
| Increase Decrease In Deferred Charges | -$10.9K | $0.00 | ||
| Increase Decrease In Operating Lease Liability | $203.00 | $0.00 | ||
| Increase Decrease In Employee Related Liabilities | $52.0K | $0.00 |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 21.6M | 4.3M | 3.0M | 140.8M | |
| Weighted Average Number Of Diluted Shares Outstanding | 21.6M | 4.3M | 3.0M | 140.8M | |
| Earnings Per Share Diluted | $-0.18 | $-0.03 | $-0.02 | $0.00 | |
| Earnings Per Share Basic | $-0.18 | $-0.03 | $-0.02 | $0.00 | |
| Common Stock Shares Authorized | 200.0M | 200.0M | 200.0M | ||
| Common Stock Shares Outstanding | 26.6M | 3.0M | 140.8M | ||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | ||
| Common Stock Shares Issued | 26.6M | 3.0M | 140.8M | ||
| Preferred Stock Shares Authorized | 10.0M | 50.0M | 10.0M | ||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.01 | ||
| Preferred Stock Shares Issued | 0.00 | 0.00 | |||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | |||
| Shares Outstanding | 40.8M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 49.6M | 46.0M | 30.4M | 16.9M | 24.1M | 29.1M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 140.8M | 140.8M | ||||
| Weighted Average Number Of Diluted Shares Outstanding | 49.6M | 46.0M | 30.4M | 16.9M | 24.1M | 29.1M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 140.8M | 140.8M | ||||
| Earnings Per Share Diluted | $-0.01 | $-0.02 | $-0.01 | $-0.06 | $-0.02 | $-0.01 | $-0.01 | $-0.01 | $0.00 | $-0.02 | $0.00 | $0.00 | $0.00 | ||||
| Earnings Per Share Basic | $-0.01 | $-0.02 | $-0.01 | $-0.06 | $-0.02 | $-0.01 | $-0.01 | $-0.01 | $0.00 | $-0.02 | $0.00 | $0.00 | $0.00 | ||||
| Common Stock Shares Authorized | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M | 2.0M | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M | ||||||
| Common Stock Shares Outstanding | 51.4M | 48.8M | 44.6M | 16.3M | 17.0M | 16.5M | 31.6M | 3.0M | 3.0M | 140.8M | 140.8M | ||||||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| Common Stock Shares Issued | 51.4M | 48.8M | 44.6M | 16.3M | 17.0M | 16.5M | 31.6M | 3.0M | 3.0M | 140.8M | 140.8M | ||||||
| Preferred Stock Shares Authorized | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | |||||||||||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | |||||||||||
| Preferred Stock Shares Issued | 19.5K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
| Preferred Stock Shares Outstanding | 19.5K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
| Shares Outstanding | 140.8M | 140.8M | 140.8M | 140.8M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Additional Paid In Capital | $922.0K | $800.7K | $799.3K | |
| Labor And Related Expense | $554.9K | $0.00 | ||
| Stock Issued During Period Value New Issues | $711.1K | $71.6K | $20.0K | |
| Professional And Contract Services Expense | $2.8M | $0.00 | ||
| Stock Issued During Period Value Issued For Services | $2.0K | |||
| Professional Fees | ||||
| Interest Paid Net | $0.00 | $0.00 | ||
| Issuance Of Stock And Warrants For Services Or Claims | $32.5K | $0.00 | ||
| Bank Overdrafts |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q1 2022 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Paid In Capital | $5.6M | $5.2M | $4.1M | $3.0M | $2.5M | $1.4M | $1.2M | $800.7K | $800.7K | $799.3K | $799.3K | ||
| Labor And Related Expense | -$200.1K | $158.6K | $116.4K | $119.8K | $77.6K | $64.5K | $0.00 | $0.00 | $0.00 | ||||
| Stock Issued During Period Value New Issues | $130.9K | $205.2K | $250.0K | $20.0K | |||||||||
| Professional And Contract Services Expense | $103.2K | $717.1K | $5.4K | $787.0K | $97.5K | $22.0K | |||||||
| Stock Issued During Period Value Issued For Services | $227.5K | $880.5K | $1.1M | $2.0K | |||||||||
| Professional Fees | $787.0K | $97.5K | $22.0K | $0.00 | $0.00 | $2.7K | |||||||
| Interest Paid Net | $0.00 | $0.00 | |||||||||||
| Issuance Of Stock And Warrants For Services Or Claims | |||||||||||||
| Bank Overdrafts | $864.00 | $1.7K | $483.00 | $0.00 |
Most recent annual filing with the SEC: April 24, 2025
Data sourced from SEC EDGAR public filings as of August 5, 2026.