KINETIC GROUP INC (KNIT) financial statements (2022 and earlier)

Company profile

Business Address 12001 RESEARCH PARKWAY, SUITE 236
ORLANDO, FL 32826
State of Incorp. NV
Fiscal Year End September 30
SIC 731 - Advertising (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q1
9/30/2021
Q4
6/30/2021
Q3
3/31/2021
Q2
12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
ASSETS
Current Assets
Noncurrent Assets
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1     6
Other undisclosed accounts payable and accrued liabilities1     6
Due to related parties      14
Total current liabilities:1     20
Noncurrent Liabilities
Total liabilities:1     20
Stockholders' equity
Stockholders' equity attributable to parent(1) (20)   (20)
Common stock262453335
Additional paid in capital174174172174174174172
Accumulated deficit(201)(198)(197)(177)(177)(177)(197)
Total stockholders' equity:(1) (20)   (20)
TOTAL LIABILITIES AND EQUITY:  (20)    

Income statement (P&L) ($ in thousands)

12/31/2021
Q1
9/30/2021
Q4
6/30/2021
Q3
3/31/2021
Q2
12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
Revenues     21 
Operating expenses(3)    (0)(0)
Operating loss:(3)    (0)(0)
Loss from continuing operations before equity method investments, income taxes:(3)    (0)(0)
Other undisclosed income from continuing operations before income taxes     21 
Net income (loss) available to common stockholders, diluted:(3)    20(0)

Comprehensive Income ($ in thousands)

12/31/2021
Q1
9/30/2021
Q4
6/30/2021
Q3
3/31/2021
Q2
12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
Net income (loss):(3)    20(0)
Comprehensive income (loss), net of tax, attributable to parent:(3)    20(0)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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