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Kinetic Seas Inc.

KSEZ · OTC

4 reporting failures in the last 12 months

Companies at this level ended the following year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for companies with a clean record.

$3Mpublic float
2026-08-14most recent failure
2024-05-08declared past accounts unreliable

Score over time

0123420232024202520262023-10-01 · score 12023-08-11 filed late (10-Q) · accounts not ready2024-01-01 · score 12023-08-11 filed late (10-Q) · accounts not ready2024-04-01 · score 22024-03-27 filed late (10-K) · auditor2023-08-11 filed late (10-Q) · accounts not ready2024-07-01 · score 32024-05-08 accounts unreliable2024-03-27 filed late (10-K) · auditor2023-08-11 filed late (10-Q) · accounts not ready2024-10-01 · score 32024-08-13 filed late (10-Q) · auditor2024-05-08 accounts unreliable2024-03-27 filed late (10-K) · auditor2025-01-01 · score 32024-08-13 filed late (10-Q) · auditor2024-05-08 accounts unreliable2024-03-27 filed late (10-K) · auditor2025-04-01 · score 32025-03-28 filed late (10-K) · auditor2024-08-13 filed late (10-Q) · auditor2024-05-08 accounts unreliable2025-07-01 · score 22025-03-28 filed late (10-K) · auditor2024-08-13 filed late (10-Q) · auditor2025-10-01 · score 12025-03-28 filed late (10-K) · auditor2026-01-01 · score 22025-11-14 filed late (10-Q) · accounts not ready2025-03-28 filed late (10-K) · auditor2026-04-01 · score 22026-03-30 filed late (10-K) · auditor2025-11-14 filed late (10-Q) · accounts not ready2026-07-01 · score 32026-05-14 filed late (10-Q) · auditor2026-03-30 filed late (10-K) · auditor2025-11-14 filed late (10-Q) · accounts not ready2026-10-01 · score 42026-08-14 filed late (10-Q) · accounts not ready2026-05-14 filed late (10-Q) · auditor2026-03-30 filed late (10-K) · auditor2025-11-14 filed late (10-Q) · accounts not ready

Hover or tap a dot to see the filings behind that score.

Why they said they were late

Kinetic Seas Incorporated (the “Company”) requires additional time to complete and finalize its financial statements and related disclosures for the quarterly period ended June 30, 2026. The Company’s financial statements for the reporting period include accounting considerations related to the recognition of revenue associated with an investment held by the Company. The determination of the appropriate accounting treatment requires the Company to obtain and review certain financial information and supporting documentation from the investee company. The timing of the Company’s completion of this analysis is dependent, in part, upon the receipt of the necessary financial information from the investee company. Certain of this information was not available within the timeframe required for the Company to complete its financial statements and related disclosures without unreasonable effort or expense. As a result, the Company has been unable to complete its Form 10-Q within the prescribed time period. The Company is working diligently to obtain and review the required financial information, finalize the applicable accounting treatment and related disclosures, and expects to file its Form 10-Q within the extension period permitted under Rule 12b-25

NT 10-Q, filed 2026-08-14 · accounts not ready

What it filed

2026-08-14filed late (10-Q)accounts not ready SEC →

Kinetic Seas Incorporated (the “Company”) requires additional time to complete and finalize its financial statements and related disclosures for the quarterly period ended June 30, 2026. The Company’s financial statements for the reporting period include accounting considerations related to the recognition of revenue associated with an investment held by the Company. The determination of the appropriate accounting treatment requires the Company to obtain and review certain financial information and supporting documentation from the investee company. The timing of the Company’s completion of this analysis is dependent, in part, upon the receipt of the necessary financial information from the investee company. Certain of this information was not available within the timeframe required for the Company to complete its financial statements and related disclosures without unreasonable effort or expense. As a result, the Company has been unable to complete its Form 10-Q within the prescribed time period. The Company is working diligently to obtain and review the required financial information, finalize the applicable accounting treatment and related disclosures, and expects to file its Form 10-Q within the extension period permitted under Rule 12b-25

2026-05-14filed late (10-Q)auditor SEC →

Kinetic Seas Incorporated (the “Company”) requires additional time to complete and finalize its financial statements and related disclosures for the quarterly period ended March 31, 2026. During the reporting period, the Company continued transitioning and coordinating its accounting functions with a new independent registered public accounting firm. In connection with this transition, the accounting firm required additional time to obtain, review, and reconcile historical financial information and supporting documentation from the Company’s prior accounting firm. The delay in receiving complete prior-period information and supporting records from the former accounting firm, combined with the time required for the new accounting firm to complete its review procedures and ensure the accuracy and completeness of the Company’s financial statements and disclosures for the quarterly period ended March 31, 2026, could not be eliminated without unreasonable effort or expense. As a result of these circumstances, the Company has been unable to complete its Form 10-Q within the prescribed time period. The Company is working diligently with its new accounting firm to finalize the review and expects to file its Form 10-Q within the extension period permitted under Rule 12b-25

2026-03-30filed late (10-K)auditor SEC →

Kinetic Seas Incorporated requires additional time to complete and finalize its financial statements and related disclosures for the fiscal year ended December 31, 2025. During the reporting period, the Company transitioned its accounting functions to a new independent registered public accounting firm. In connection with this transition, the new accounting firm required sufficient time to obtain, review, and reconcile historical financial information and supporting documentation from the Company’s prior accounting firm. The delay in receiving complete prior-period information and supporting records from the former accounting firm, combined with the time required for the new accounting firm to complete its audit procedures and ensure the accuracy and completeness of the Company’s financial statements, could not be eliminated without unreasonable effort or expense. As a result of these circumstances, the Company has been unable to complete its Form 10-K within the prescribed time period. The Company is working diligently with its new accounting firm to finalize the audit and expects to file its Form 10-K within the extension period permitted under Rule 12b-25

2025-11-14filed late (10-Q)accounts not ready SEC →

Kinetic Seas Incorporated requires additional time to finalize the financial statements and related disclosures for the quarter ended September 30, 2025. During 2024 and 2025, the Company transitioned from a shell company to an operating company and continues to experience significant changes in its operations, financial reporting processes, and internal controls. In addition, the Company recently transitioned its accounting functions from a third-party accounting consultant to a new independent CPA firm. This transition has required additional time for the new firm to complete its review, reconcile prior accounting work, and ensure accuracy in the Company’s quarterly financial reporting. These factors have collectively delayed the completion and review of the Company’s financial statements. The Company is working diligently to complete the Form 10-Q as soon as practicable and expects to file it within the extension period permitted by Rule 12b-25

2025-03-28filed late (10-K)auditor SEC →

The registrant’s auditor is unable to complete its review by the deadline for filing the report

2024-08-13filed late (10-Q)auditor SEC →

The registrant’s auditor is unable to complete its review by the deadline for filing the report

2024-05-08accounts declared unreliable SEC →

2024-03-27filed late (10-K)auditor SEC →

The registrant was unexpectedly unable to complete its financial statements because its auditor was unable to complete the audit by March 31, 2024

2023-08-11filed late (10-Q)accounts not ready SEC →

The Company was unable to compile the necessary financial information required to prepare a complete filing. Thus, the Company would be unable to file the periodic report in a timely manner without unreasonable effort or expense. The Company expects to file within the extension period

About this score

reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.

Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.

See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.

Every item above is a filing this company made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not investment advice

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