KINETIC SEAS INCORPORATED
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | — | $71.3K | $210.6K | $0 | $0 | $0 |
| Cost of Revenue | — | $66.7K | $157.8K | $0 | $0 | $0 |
| Gross Profit | — | $351.0K | $52.8K | $0 | $0 | $0 |
| Gross Margin | — | 492.5% | 25.1% | — | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | — | $548.1K | $507.4K | $121.5K | $75.7K | $35.9K |
| Operating Income | — | $-1.2M | $-3.8M | $-121.5K | $-75.7K | $-35.9K |
| Operating Margin | — | -1,687.5% | -1,788.9% | — | — | — |
| Interest Expense | — | — | — | $39.4K | $18.5K | $1.4K |
| Pretax Income | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — |
| Net Income | — | $-1.2M | $-3.9M | $-161.0K | $-94.1K | $22.7K |
| Net Margin | — | -1,733.2% | -1,850.6% | — | — | — |
| EPS (Basic) | — | $-0.05 | $-0.18 | $-0.01 | $0.00 | $0.00 |
| EPS (Diluted) | — | $-0.05 | $-0.18 | $-0.01 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 60.7M | 24.5M | 21.6M | 21.7M | 15.2M | 704.0M |
| Shares Outstanding (Diluted) | 60.7M | 24.5M | 21.6M | 21.7M | 15.2M | 704.0M |
| Dividends Per Share | — | — | — | — | — | — |