10-Q Filing

KINETIC SEAS INC. CIK: 1945619 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001683168-22-008101`
Period End Date	20220930
Filing Date	20221130
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	bellatora_10q-093022_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 64 Cash Flow Statement 48 Stockholders Equity 26

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$4.66K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$3.60K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.60K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.66K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$4.66K	USD	Point-in-time
Total assets	`Assets`	$3.60K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$33.49K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$33.49K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	140.79M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	140.79M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$3.20K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$12.84K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	140.79M	shares	Point-in-time
Notes payable related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$90.00K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	140.79M	shares	Point-in-time
Notes payable related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$30.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$136.33K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000,000 shares authorized, -0- shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000,000 shares authorized, -0- shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized, 140,790,867 shares issued and outstanding, respectively as of September 30, 2022 and December 31, 2021	`CommonStockValue`	$1.41K	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized, 140,790,867 shares issued and outstanding, respectively as of September 30, 2022 and December 31, 2021	`CommonStockValue`	$1.41K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$799.28K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$799.28K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-862.70K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-933.42K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-75.91K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-55.69K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-65.62K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-110.52K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-109.41K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-132.73K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-105.72K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.60K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.66K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	3 Qtrs
Gross margin	`GrossProfit`	-	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.89M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	140.79M	shares	1 Quarter
Gross margin	`GrossProfit`	-	USD	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	140.79M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	140.79M	shares	1 Quarter
Gross margin	`GrossProfit`	-	USD	3 Qtrs
Gross margin	`GrossProfit`	-	USD	1 Quarter
General and administrative expense - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$19.00K	USD	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.89M	shares	3 Qtrs
General and administrative expense - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	-	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.79M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.79M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.79M	shares	1 Quarter
General and administrative expense - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	-	USD	1 Quarter
General and administrative expense - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	-	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$52.79K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.88K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$61.06K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.57K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$29.57K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$61.06K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$4.88K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$52.79K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.88K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-61.06K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-52.79K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-29.57K	USD	3 Qtrs
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$60.00K	USD	1 Quarter
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$60.00K	USD	3 Qtrs
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$4.04K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.39K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.65K	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.39K	USD	3 Qtrs
Total other income and expense	`NonoperatingIncomeExpense`	$58.61K	USD	3 Qtrs
Total other income and expense	`NonoperatingIncomeExpense`	$-9.65K	USD	3 Qtrs
Total other income and expense	`NonoperatingIncomeExpense`	$58.61K	USD	1 Quarter
Total other income and expense	`NonoperatingIncomeExpense`	$-4.04K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$53.72K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-19.89K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.60K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.83K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$29.04K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-70.71K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.80K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.29K	USD	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) from operations	`NetIncomeLoss`	$53.72K	USD	1 Quarter
Net income (loss) from operations	`NetIncomeLoss`	$-19.89K	USD	1 Quarter
Net income (loss) from operations	`NetIncomeLoss`	$-3.60K	USD	1 Quarter
Net income (loss) from operations	`NetIncomeLoss`	$-56.83K	USD	1 Quarter
Net income (loss) from operations	`NetIncomeLoss`	$29.04K	USD	3 Qtrs
Net income (loss) from operations	`NetIncomeLoss`	$-70.71K	USD	3 Qtrs
Net income (loss) from operations	`NetIncomeLoss`	$-4.80K	USD	1 Quarter
Net income (loss) from operations	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$19.00K	USD	3 Qtrs
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$60.00K	USD	1 Quarter
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$60.00K	USD	3 Qtrs
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-12.75K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.39K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.65K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.37K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-61.06K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.95K	USD	3 Qtrs
Common stock issued for cash	`CommonStockIssuedForCashCashFlow`	-	USD	3 Qtrs
Common stock issued for cash	`CommonStockIssuedForCashCashFlow`	$1.00K	USD	3 Qtrs
Warrants issued for cash	`WarrantsIssuedForCashCashFlow`	-	USD	3 Qtrs
Warrants issued for cash	`WarrantsIssuedForCashCashFlow`	$1.00K	USD	3 Qtrs
Notes payable related party	`IncreaseDecreaseInNotesPayableRelatedParties`	-	USD	3 Qtrs
Notes payable related party	`IncreaseDecreaseInNotesPayableRelatedParties`	$30.00K	USD	3 Qtrs
Advances by related party	`ProceedsFromRelatedPartyDebt`	$60.00K	USD	3 Qtrs
Advances by related party	`ProceedsFromRelatedPartyDebt`	$10.56K	USD	3 Qtrs
Repayment of advances by related	`RepaymentsOfRelatedPartyDebt`	$10.56K	USD	3 Qtrs
Repayment of advances by related	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$60.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.00K	USD	3 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.06K	USD	3 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$12.05K	USD	3 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.60K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.19K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.60K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.19K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-75.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-55.69K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-65.62K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-110.52K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-109.41K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-132.73K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-105.72K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$53.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.60K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-56.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$29.04K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-70.71K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.80K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Issuance of common shares -related party	`StockIssuedDuringPeriodValueNewIssues`	$20.00K	USD	1 Quarter
Warrants issued -related party	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$1.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-75.91K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-55.69K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-65.62K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-110.52K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-109.41K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-132.73K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-105.72K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.