10-Q Filing

KINETIC SEAS INC. CIK: 1945619 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001683168-23-005930`
Period End Date	20230630
Filing Date	20230821
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	bellatora_i10q-063023_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 54 Cash Flow Statement 30 Stockholders Equity 18

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$5.11K	USD	Point-in-time
Cash	`Cash`	$1.38K	USD	Point-in-time
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
Total current assets	`AssetsCurrent`	$5.11K	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
Total assets	`Assets`	$1.38K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$5.11K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.03K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.37K	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
Accrued liabilities	`AccruedLiabilitiesCurrent`	$33.49K	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$33.49K	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$34.76K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$21.67K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Notes payable related parties	`NotesPayableRelatedPartiesCurrent`	$90.00K	USD	Point-in-time
Notes payable related parties	`NotesPayableRelatedPartiesCurrent`	$120.00K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	3.05M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	3.05M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.53K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	3.05M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	3.05M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$199.28K	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, 3,046,000 shares issued and outstanding, respectively as of June 30, 2023 and December 31, 2022	`CommonStockValue`	$30.00	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized, 3,046,000 shares issued and outstanding, respectively as of June 30, 2023 and December 31, 2022	`CommonStockValue`	$30.00	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$800.66K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$800.66K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-994.85K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-956.84K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-194.17K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-65.62K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-163.47K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-156.15K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-75.91K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.38K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$5.11K	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	2 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	-	USD	2 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-0.01	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Gross margin	`GrossProfit`	-	USD	1 Quarter
Gross margin	`GrossProfit`	-	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.05M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.05M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.05M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.05M	shares	1 Quarter
Gross margin	`GrossProfit`	-	USD	2 Qtrs
Gross margin	`GrossProfit`	-	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.05M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.05M	shares	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.28K	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.92K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.93K	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.05M	shares	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$22.20K	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.05M	shares	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.28K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.92K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.93K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$22.20K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.92K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-22.20K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.28K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-24.93K	USD	2 Qtrs
Interest expense	`InterestExpense`	$13.09K	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.49K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.36K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.61K	USD	2 Qtrs
Total other income and expense	`NonoperatingIncomeExpense`	$-8.49K	USD	1 Quarter
Total other income and expense	`NonoperatingIncomeExpense`	$-13.09K	USD	2 Qtrs
Total other income and expense	`NonoperatingIncomeExpense`	$-3.36K	USD	1 Quarter
Total other income and expense	`NonoperatingIncomeExpense`	$-5.61K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-13.89K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-7.32K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-30.70K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-38.02K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.60K	USD	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net (loss) from operations	`NetIncomeLoss`	$-13.89K	USD	2 Qtrs
Net (loss) from operations	`NetIncomeLoss`	$-7.32K	USD	1 Quarter
Net (loss) from operations	`NetIncomeLoss`	$-30.70K	USD	1 Quarter
Net (loss) from operations	`NetIncomeLoss`	$-38.02K	USD	2 Qtrs
Net (loss) from operations	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Net (loss) from operations	`NetIncomeLoss`	$-3.60K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.33K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$8.81K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$13.09K	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.08K	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.26K	USD	2 Qtrs
Advances by related party	`ProceedsFromRelatedPartyDebt`	$30.00K	USD	2 Qtrs
Advances by related party	`ProceedsFromRelatedPartyDebt`	$20.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$30.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.00K	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$14.92K	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.74K	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.11K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.58K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.66K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.11K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.58K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-194.17K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-65.62K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-163.47K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-156.15K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-75.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-62.02K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-13.89K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.32K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-30.70K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.02K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.60K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-194.17K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-65.62K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-163.47K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-156.15K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-75.91K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-62.02K	USD	Point-in-time

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