The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) from operations | -206,112 | -1,242,668 |
| Depreciation | 9,459 | 18,917 |
| Common stock issued for financing fees | 0 | - |
| Stock based compensation | 227,500 | 880,499 |
| Accounts receivable | 33,333 | -15,394 |
| Lease liability-net | 202 | 406 |
| Deferred charge | 0 | -10,852 |
| Accounts payable | 29,209 | 176,170 |
| Accrued liabilities | -36,267 | -191,628 |
| Accrued interest | -25,125 | -32,883 |
| Cash overdraft | -791 | 1,655 |
| Accrued officer compensation | -164,008 | 108,407 |
| Net cash (used in) operating activities | -149,016 | -189,113 |
| Purchases of property and equipment | 0 | 0 |
| Net cash (used in) investing activities | 0 | 0 |
| Proceeds from related party notes | 0 | 56,502 |
| Repayments of related party notes | - | 0 |
| Proceeds from notes payable | 3,157 | 79,440 |
| Repayments of notes payable | 4,141 | 1,776 |
| Proceeds from common stock issued for cash | 150,000 | 50,000 |
| Net cash provided by financing activities | 149,016 | 184,166 |
| Net (decrease) in cash | 0 | -4,947 |
| Cash and cash equivalents at beginning of period | 4,947 | - |
| Cash and cash equivalents at end of period | 0 | - |
Kinetic Seas Inc. (KSEZ)
Kinetic Seas Inc. (KSEZ)