Kinetic Seas Inc Financials
This page shows Kinetic Seas Inc (KSEZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Liability-funded balance-sheet expansion dominated, while tiny revenue and externally financed cash burn showed operations were not carrying the business.
Against the prior year, total assets jumped by about$10.4M and negative equity narrowed sharply, but cash stayed near zero at just$8K ; the bigger balance sheet did not improve day-to-day liquidity. At the same time, financing inflow of$557K almost exactly matched operating cash burn of-$554K , so the business was effectively funded from outside rather than by sales or existing cash.
Overhead-heavy cost structure is visible, with revenue at
Short-term liquidity remains thin: current assets were only
Financial Health Signals
We are recalculating Kinetic Seas Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Kinetic Seas Inc scores -1.41, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.9M) relative to total liabilities ($11.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Kinetic Seas Inc passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 3 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Kinetic Seas Inc generates $0.45 in operating cash flow (-$554K OCF vs -$1.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Kinetic Seas Inc earns $-10.9 in operating income for every $1 of interest expense (-$1.2M vs $111K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Kinetic Seas Inc generated $71K in revenue in fiscal year 2025. This represents a decrease of 66.2% from the prior year.
Kinetic Seas Inc's EBITDA was -$1.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Kinetic Seas Inc reported -$1.2M in net income in fiscal year 2025.
Cash & Balance Sheet
Kinetic Seas Inc generated -$554K in free cash flow in fiscal year 2025, representing cash available after capex.
Kinetic Seas Inc held $8K in cash against $0 in long-term debt as of fiscal year 2025.
Kinetic Seas Inc had 53M shares outstanding in fiscal year 2025.
Margins & Returns
Kinetic Seas Inc's gross margin was 6.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 18.7 percentage points from the prior year.
Kinetic Seas Inc's operating margin was -1687.5% in fiscal year 2025, reflecting core business profitability.
Kinetic Seas Inc's net profit margin was -1733.2% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
Kinetic Seas Inc invested $0 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.
KSEZ Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26K | N/A | $92K | $0-100.0% | $68K-7.4% | $73K+12.8% | $65K+5.2% | $62K |
| Cost of Revenue | $0 | N/A | $0-100.0% | $13K-77.3% | $57K+12.0% | $51K-2.8% | $52K+13.1% | $46K |
| Gross Profit | $26K | N/A | $92K+805.4% | -$13K-221.2% | $11K-51.9% | $22K+78.5% | $12K-18.7% | $15K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $211K | N/A | $347K+288.2% | $89K+8.3% | $82K+331.6% | -$36K-123.9% | $149K-47.3% | $283K |
| Operating Income | $182K | N/A | -$158K+83.8% | -$978K-405.1% | -$194K | N/A | N/A | -$443K |
| Interest Expense | $54K | N/A | $48K+17.3% | $41K+34.7% | $30K-69.9% | $101K+892.8% | $10K-31.2% | $15K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.4M | N/A | -$206K+79.8% | -$1.0M-355.0% | -$224K | N/A | N/A | -$458K |
| EPS (Diluted) | $-0.03 | N/A | $-0.01+50.0% | $-0.02-100.0% | $-0.01 | N/A | $-0.06-200.0% | $-0.02 |
KSEZ Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.7M-17.9% | $10.6M+6975.8% | $150K-35.8% | $234K+41.1% | $166K-13.0% | $190K+25.4% | $152K-21.5% | $193K |
| Current Assets | $778K+1409.5% | $52K+33.3% | $39K-64.2% | $108K+318.1% | $26K-29.2% | $37K-37.3% | $58K-35.4% | $90K |
| Cash & Equivalents | $206K+2548.0% | $8K | $0 | $0 | $0-100.0% | $5K-64.6% | $14K-76.8% | $60K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | $0-100.0% | $39K+626.0% | $5K-79.4% | $26K+24.8% | $21K-0.5% | $21K+3.9% | $20K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.4M-5.6% | $11.0M+993.2% | $1.0M-23.6% | $1.3M-2.7% | $1.3M-39.0% | $2.2M+354.1% | $487K-15.8% | $579K |
| Current Liabilities | $2.8M-2.9% | $2.9M+198.6% | $967K-24.0% | $1.3M-2.4% | $1.3M-39.7% | $2.2M+343.9% | $487K-15.8% | $579K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.6M-368.7% | -$351K+58.9% | -$853K+21.0% | -$1.1M+8.8% | -$1.2M+41.5% | -$2.0M-502.9% | -$335K+12.9% | -$385K |
| Retained Earnings | -$7.6M-22.0% | -$6.3M+3.3% | -$6.5M-3.3% | -$6.3M-19.4% | -$5.2M-4.5% | -$5.0M-77.3% | -$2.8M-59.4% | -$1.8M |
KSEZ Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$254K-17.7% | -$216K-44.8% | -$149K-51.0% | -$99K-9.1% | -$90K+58.6% | -$218K+47.2% | -$413K-60.4% | -$258K |
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0+100.0% | -$2K-109.1% | $18K |
| Free Cash Flow | -$254K-17.7% | -$216K-44.8% | -$149K-51.0% | -$99K-9.1% | -$90K+58.6% | -$218K+47.4% | -$415K-50.3% | -$276K |
| Investing Cash Flow | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $2K+109.1% | -$18K |
| Financing Cash Flow | $452K+102.2% | $224K+50.0% | $149K+51.0% | $99K+15.5% | $85K-59.1% | $209K-42.8% | $366K+9.2% | $335K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
KSEZ Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | N/A | 100.0% | N/A | 15.8%-14.6pp | 30.4%+11.2pp | 19.2%-5.6pp | 24.9% |
| Operating Margin | 704.4% | N/A | -172.9% | N/A | -285.3% | N/A | N/A | -716.9% |
| Net Margin | -5312.3% | N/A | -225.2% | N/A | -329.9% | N/A | N/A | -740.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -15.8% | N/A | -137.5%+298.5pp | -435.9%-300.8pp | -135.1% | N/A | N/A | -236.8% |
| Current Ratio | 0.28+0.3 | 0.02-0.0 | 0.04-0.0 | 0.09+0.1 | 0.020.0 | 0.02-0.1 | 0.12-0.0 | 0.16 |
| Debt-to-Equity | -6.30+25.0 | -31.26-30.1 | -1.18+0.0 | -1.22-0.1 | -1.14-0.0 | -1.09+0.4 | -1.45+0.0 | -1.50 |
| FCF Margin | -981.1% | N/A | -162.8% | N/A | -133.2%+164.5pp | -297.7%+341.3pp | -639.0%-191.9pp | -447.0% |
Note: Shareholder equity is negative (-$351K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Kinetic Seas Inc's annual revenue?
Kinetic Seas Inc (KSEZ) reported $71K in total revenue for fiscal year 2025. This represents a -66.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kinetic Seas Inc's revenue growing?
Kinetic Seas Inc (KSEZ) revenue declined by 66.2% year-over-year, from $211K to $71K in fiscal year 2025.
Is Kinetic Seas Inc profitable?
No, Kinetic Seas Inc (KSEZ) reported a net income of -$1.2M in fiscal year 2025, with a net profit margin of -1733.2%.
What is Kinetic Seas Inc's EBITDA?
Kinetic Seas Inc (KSEZ) had EBITDA of -$1.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Kinetic Seas Inc's gross margin?
Kinetic Seas Inc (KSEZ) had a gross margin of 6.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Kinetic Seas Inc's operating margin?
Kinetic Seas Inc (KSEZ) had an operating margin of -1687.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Kinetic Seas Inc's net profit margin?
Kinetic Seas Inc (KSEZ) had a net profit margin of -1733.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Kinetic Seas Inc's free cash flow?
Kinetic Seas Inc (KSEZ) generated -$554K in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Kinetic Seas Inc's operating cash flow?
Kinetic Seas Inc (KSEZ) generated -$554K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Kinetic Seas Inc's total assets?
Kinetic Seas Inc (KSEZ) had $10.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Kinetic Seas Inc's capital expenditures?
Kinetic Seas Inc (KSEZ) invested $0 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Kinetic Seas Inc's current ratio?
Kinetic Seas Inc (KSEZ) had a current ratio of 0.02 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Kinetic Seas Inc's debt-to-equity ratio?
Kinetic Seas Inc (KSEZ) had a debt-to-equity ratio of -31.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kinetic Seas Inc's return on assets (ROA)?
Kinetic Seas Inc (KSEZ) had a return on assets of -11.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Kinetic Seas Inc's cash runway?
Based on fiscal year 2025 data, Kinetic Seas Inc (KSEZ) had $8K in cash against an annual operating cash burn of $554K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Kinetic Seas Inc's debt-to-equity ratio negative or unusual?
Kinetic Seas Inc (KSEZ) has negative shareholder equity of -$351K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Kinetic Seas Inc's Altman Z-Score?
Kinetic Seas Inc (KSEZ) has an Altman Z-Score of -1.41, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kinetic Seas Inc's Piotroski F-Score?
Kinetic Seas Inc (KSEZ) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kinetic Seas Inc's earnings high quality?
Kinetic Seas Inc (KSEZ) has an earnings quality ratio of 0.45x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Kinetic Seas Inc cover its interest payments?
Kinetic Seas Inc (KSEZ) has an interest coverage ratio of -10.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.