Kinetic Seas Inc. (KSEZ)
Established in 2015 and based in Schaumburg, Illinois, Kinetic Seas Incorporated is a provider of artificial intelligence research and development, and software solutions throughout the United States. The company's service offerings are comprehensive, including strategic advisory, project implementation, and infrastructure planning consultations. They also deliver tailored training and education programs specifically designed for enterprise clients, engage in product creation, and foster growth through partnerships and incubation initiatives.
Sector: Blank Checks
Industry: Information Technology Services
Kinetic Seas Incorporated
OTC:KSEZTechnology · Information Technology Services
-10.71%$0.0200
Mkt Cap$1.22M
Float39.07M
O/S61.17M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$418K
Net Income-$1.24M
Total Assets$10.61M
Free Cash Flow-$554K
Debt & Equity
Debt 237%
Preferred 0%
Total Debt$607K
Total Equity-$351K
Preferred Stock$4
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KSEZ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$10.61M
Liabilities$10.96M
Accounts Receivable$0
Accounts Payable$201K
Inventory$0
PP&E (Net)$97K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2016-12-31 |
| Revenue | $418K | $211K | $0 | $0 | $0 | $0 | $9K | $8K | $62K |
| YoY Growth | 98.4% | - | - | - | - | - | 6.3% | -86.7% | - |
| Cost of Revenue | -$5K | $158K | $185 | $0 | $0 | $0 | $3K | $2K | $29K |
| Gross Profit | $351K | $53K | -$185 | $0 | $0 | $0 | $6K | $6K | $33K |
| Gross Margin | 84.0% | 25.1% | - | - | - | - | 68.3% | 73.2% | 53.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.55M | $3.82M | $122K | $76K | $36 | $24 | $31K | $8K | $98K |
| Other | $5K | -$13 | $0 | $0 | $36K | $24K | $0 | $0 | $0 |
| Total Operating Expenses | $1.56M | $3.82M | $122K | $76K | $36K | $24K | $31K | $8K | $98K |
| Operating Income (EBIT) | -$1.2M | -$3.77M | -$122K | -$76K | -$36K | -$24K | -$25K | -$2K | -$65K |
| Operating Margin | -287.9% | -1788.9% | - | - | - | - | -284.0% | -18.9% | -104.9% |
| Interest Expense | $111K | $130K | $39K | $18K | $1K | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $18 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$33K | -$130K | -$39K | -$18K | $59K | -$4 | $0 | $4 | $0 |
| Income Before Tax (EBT) | -$1.24M | -$3.9M | -$161K | -$94K | $23K | -$24K | -$25K | -$2K | -$65K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | -$24K | $0 | $0 | $0 |
| Net Income | -$1.24M | -$3.9M | -$161K | -$94K | $23 | -$24 | -$25K | -$2K | -$65K |
| Net Income Margin | -295.7% | -1850.6% | - | - | - | - | -284.0% | -18.9% | -104.9% |
| Supplementary Data | |||||||||
| EPS | -0.05 | -0.18 | -0.04 | -0.07 | 0.02 | -0.00 | -0.06 | -0.00 | -0.16 |
| Diluted EPS | -0.05 | -0.18 | -0.04 | -0.03 | 0.02 | -0.00 | -0.06 | -0.00 | -0.16 |
| Weighted Average OS | 24.52M | 21.63M | 4.35M | 1.41M | 1.41M | 407,000 | 407,908 | 407,908 | 401,666 |
| EBITDA | -$1.07M | -$3.77M | -$200K | $0 | $0 | $24K | -$25K | -$2K | -$62K |
| EBITDA Margin | -255.6% | -1788.8% | - | - | - | - | -284.0% | -18.9% | -100.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2016-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $8K | $5K | $18K | $1K | $5K | $2K | $5K | $135 | $13K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $8K | $5K | $18K | $1K | $5K | $2K | $5K | $135 | $13K |
| Accounts Receivable | $0 | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $11K |
| Other Current Assets | $0 | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $52K | $37K | $18K | $1K | $5K | $2K | $5K | $3K | $24K |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $97K | $154K | $13K | $0 | $0 | $0 | $0 | $0 | $2K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $10.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K |
| Total Long-Term Assets | $10.56M | $154K | $13K | $0 | $0 | $0 | $0 | $0 | $4K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10.61M | $190K | $31K | $1K | $5K | $2K | $5K | $3K | $28K |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $201K | $219K | $0 | $12K | $0 | $0 | $18K | $0 | $193K |
| Short-Term Debt | $576K | $451K | $182K | $90K | $30K | $60K | $60K | $51K | $38K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $2.08M | $0 | $0 | -$12 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $31K | $1.49M | $0 | $12 | $37K | $48K | $58 | $0 | $0 |
| Total Current Liabilities | $2.89M | $2.16M | $227K | $158 | $67K | $108K | $78K | $51K | $231K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $31K | $50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $8.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $8.07M | $50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.96M | $2.21M | $227K | $158K | $67K | $108K | $78K | $51K | $231K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $527 | $163 | $266 | $30 | $1K | $408 | $408 | $408 | $402 |
| Retained Earnings | -$6.25M | -$5.01M | -$1.12M | -$957K | -$863K | -$885K | -$853K | -$828K | -$159K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $5.9M | $2.99M | $922K | $801K | $799K | $779K | $779K | $779K | -$43K |
| Total Equity | -$351K | -$2.02M | -$196K | -$156K | -$62K | -$106K | -$73K | -$48K | -$202K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $10.61M | $190K | $31K | $1K | $5K | $2K | $5K | $3K | $28K |
| Supplementary Data | |||||||||
| Total Debt | $607K | $501K | $182K | $90K | $30K | $60K | $60K | $51K | $38K |
| Net Debt | $599K | $496K | $164K | $89K | $25K | $58K | $55K | $51K | $25K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2016-12-31 |
| Operating Activities | |||||||||
| Net Income | -$1.24M | -$2.19M | -$161K | -$94K | -$6 | -$24K | -$25K | -$2K | -$65K |
| Depreciation & Amortization | $57K | $29K | $185 | $76K | $36K | $24K | $0 | $0 | $3K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $2.39M | $1.13M | $0 | $0 | $19K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $21K | -$21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $2K | $2K |
| Accounts Payable | -$18K | $219K | -$12K | $0 | -$18K | $0 | $18K | $0 | $11K |
| Other Working Capital | -$1.79M | $1.44M | $39K | $18K | $7K | $21K | $0 | $0 | $0 |
| Total Working Capital Change | -$1.78M | $1.64M | $27K | $18K | -$11K | $21K | $21K | $2K | $13K |
| Other Non-Cash Items | $22K | -$1.68M | $0 | -$63K | -$73K | -$24K | $0 | $0 | $0 |
| Net Cash from Operating | -$554K | -$1.07M | -$134K | -$63K | -$29K | -$3K | -$4K | $654 | -$50K |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | -$100K | -$13K | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | -$100K | -$13K | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $255K | $911K | $72K | $0 | $2K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $92K | $60K | $32K | -$58 | $9K | -$848 | $63K |
| Net Cash from Financing | $557K | $1.16M | $164K | $60K | $32K | -$58 | $9K | -$848 | $63K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3K | -$13K | $17K | -$3K | $3K | -$3K | $5K | -$13K | $13K |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$554K | -$1.07M | -$134K | -$63K | -$29K | -$3K | -$4K | $654 | -$50K |
| Capital Expenditure | $0 | -$100K | -$13K | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$554K | -$1.17M | -$147K | -$63K | -$29K | -$3K | -$4K | $654 | -$50K |
| Cash at Beginning | $5K | $18K | $1K | $5K | $2K | $5K | $135 | $13K | $437 |
| Cash at End | $8K | $5K | $18K | $1K | $5K | $2K | $5K | $135 | $13K |