Kinetic Seas Inc.
KSEZOTCFinancials · Blank Checks · CO · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $71,268 | $210,584 | $0 | $0 | $0 |
| Operating income | −$1.2M | −$3.8M | −$121,538 | −$75,653 | −$35,901 |
| Net income | −$1.2M | −$3.9M | −$160,962 | −$94,131 | $22,705 |
| Total assets | $10.6M | $190,417 | $31,072 | $1,376 | $4,663 |
| Total liabilities | $11.0M | $2.2M | $226,584 | — | — |
| Equity | −$350,609 | −$2.0M | −$195,512 | −$156,149 | −$62,018 |
| EPS (diluted) | $-0.05 | $-0.18 | $-0.03 | $-0.02 | $0.00 |
| Shares out. | 44.6M | 31.1M | 140.8M | 3.0M | 140.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −1687.5%
- Net margin
- −1733.2%
- Return on equity
- 352.3%
- Return on assets
- −11.6%
- Return on capital (ROCE)
- −15.6%
- Liabilities / assets
- 103.3%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- −66.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -4.47distress
- Accruals / assets
- −6.4%clean
- Beneish M-Score
- -2.17normal
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 14, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 13, 2024
- NT 10-Kmissed a reporting deadline ↗Mar 27, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Ionic Ventures, LlcPassive (13G)May 7, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Lozinski Jeffrey William10% owner | Apr 1, 2026 | Sell | 50,000 | $0.03 |
| Lozinski Jeffrey William10% owner | Mar 30, 2026 | Sell | 100,000 | $0.03 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Apr 15, 2026 | 5,308 | 1.0 | +100.0% |
| Feb 27, 2026 | 2,562 | 1.0 | +100.0% |
| Jan 30, 2026 | 3,874 | 1.0 | +100.0% |
| Sep 30, 2025 | 1,100 | 1.0 | -85.3% |
| Sep 15, 2025 | 7,467 | 1.0 | +236.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMar 16, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 27, 2026
- Unregistered equity sale · Other material eventFeb 11, 2026
- Other material eventNov 4, 2025
- Director / officer changeOct 17, 2025
- Other material eventAug 29, 2025
- Other material eventAug 11, 2025
- Regulation FD disclosureJun 5, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-KFORM 10-K FOR DEC 2025May 29, 2026
- NT 10-QNOTICE OF LATE FILINGMay 14, 2026
- 4PRIMARY DOCUMENTApr 2, 2026
- 4PRIMARY DOCUMENTMar 31, 2026
- NT 10-KFORM 12B-25Mar 30, 2026
- 4Mar 30, 2026
- 144Mar 16, 2026
- 8-KCURRENT REPORTMar 16, 2026
- 8-KCURRENT REPORTFeb 27, 2026
- 8-KFORM 8-KFeb 11, 2026
- 10-QFORM 10-Q FOR SEPT 2025Dec 10, 2025
- NT 10-QNOTICE OF LATE FILINGNov 14, 2025
- SCHEDULE 13DNov 14, 2025
- 8-K/AFORM 8-K/ANov 4, 2025
- 8-KCURRENT REPORTNov 4, 2025
Event-driven situations (2)
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