10-K Filing

KINETIC SEAS INC. CIK: 1945619 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001683168-23-001957`
Period End Date	20221231
Filing Date	20230330
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	bellatora_i10k-123122_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 28 Cash Flow Statement 38 Stockholders Equity 17

Balance Sheet 46 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
Cash	`Cash`	$4.66K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$1.38K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.38K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.66K	USD	Point-in-time
Total assets	`Assets`	$1.38K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$4.66K	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.37K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$33.49K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$33.49K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	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`	$21.67K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	140.79M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	140.79M	shares	Point-in-time
Notes payable related parties	`NotesPayableRelatedPartiesCurrent`	$90.00K	USD	Point-in-time
Notes payable related parties	`NotesPayableRelatedPartiesCurrent`	$30.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.53K	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 December 31, 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 December 31, 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`	$-956.84K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-105.72K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-156.15K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.66K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.38K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	Annual
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	Annual
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
Cost of goods sold	`CostOfRevenue`	-	USD	Annual
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	Annual
Cost of goods sold	`CostOfRevenue`	-	USD	Annual
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	Annual
Gross margin	`GrossProfit`	-	USD	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	140.79M	shares	Annual
Gross margin	`GrossProfit`	-	USD	Annual
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	140.79M	shares	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.79M	shares	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$75.65K	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$35.90K	USD	Annual
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.79M	shares	Annual
Total operating expenses	`OperatingExpenses`	$75.65K	USD	Annual
Total operating expenses	`OperatingExpenses`	$35.90K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-35.90K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-75.65K	USD	Annual
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$60.00K	USD	Annual
Interest expense	`InterestExpense`	$1.39K	USD	Annual
Interest expense	`InterestExpense`	$18.48K	USD	Annual
Total other income and expense	`NonoperatingIncomeExpense`	$58.61K	USD	Annual
Total other income and expense	`NonoperatingIncomeExpense`	$-18.48K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-94.13K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$22.70K	USD	Annual

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) from operations	`NetIncomeLoss`	$-94.13K	USD	Annual
Net income (loss) from operations	`NetIncomeLoss`	$22.70K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$19.00K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	-	USD	Annual
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$60.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.37K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.75K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$3.19K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$18.48K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.37K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-63.29K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.48K	USD	Annual
Common stock issued for cash	`CommonStockIssuedForCashCashFlow`	-	USD	Annual
Common stock issued for cash	`CommonStockIssuedForCashCashFlow`	$1.00K	USD	Annual
Warrants issued for cash	`WarrantsIssuedForCashCashFlow`	-	USD	Annual
Warrants issued for cash	`WarrantsIssuedForCashCashFlow`	$1.00K	USD	Annual
Notes payable related party	`IncreaseDecreaseInNotesPayableRelatedParties`	$60.00K	USD	Annual
Notes payable related party	`IncreaseDecreaseInNotesPayableRelatedParties`	$30.00K	USD	Annual
Advances by related party	`ProceedsFromRelatedPartyDebt`	$10.56K	USD	Annual
Advances by related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Repayment of advances by related	`RepaymentsOfRelatedPartyDebt`	$10.56K	USD	Annual
Repayment of advances by related	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$60.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.00K	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-3.29K	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.52K	USD	Annual
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-105.72K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-156.15K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Shares, Outstanding, Beginning Balance	`SharesOutstanding`	40.79M	shares	Point-in-time
Shares, Outstanding, Beginning Balance	`SharesOutstanding`	140.79M	shares	Point-in-time
Shares, Outstanding, Beginning Balance	`SharesOutstanding`	140.79M	shares	Point-in-time
Issuance of common shares related party	`StockIssuedDuringPeriodValueNewIssues`	$20.00K	USD	Annual
Stock Issued During Period, Shares, New Issues	`StockIssuedDuringPeriodSharesNewIssues`	100.00M	shares	Annual
Issuance of warrants - related party	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$1.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-94.13K	USD	Annual
Net loss	`NetIncomeLoss`	$22.70K	USD	Annual
Ending balance, value	`StockholdersEquity`	$-105.72K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-156.15K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Shares, Outstanding, Ending Balance	`SharesOutstanding`	40.79M	shares	Point-in-time
Shares, Outstanding, Ending Balance	`SharesOutstanding`	140.79M	shares	Point-in-time
Shares, Outstanding, Ending Balance	`SharesOutstanding`	140.79M	shares	Point-in-time

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