Kinetic Group Inc. is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. Although the Company has recognized nominal amounts of revenue, it is still devoting substantially all of its efforts on establishing its business. All losses accumulated since Inception (June 6, 2014) have been considered as part of the Company’s development stage activities.
Company profile
Ticker
KNIT
Exchange
Website
CEO
Yaroslav Startsev
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Clear Channel Outdoor • Thryv • National Cinemedia • Angi • Quotient Technology • Travelzoo • Idw Media • Lendway • Inuvo • Direct Digital ...
SEC CIK
KNIT stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
7 Aug 23
8-K
Other Events
23 Jun 23
10-Q
2023 Q2
Quarterly report
15 May 23
10-Q
2023 Q1
Quarterly report
13 Feb 23
10-K
2022 FY
Annual report
14 Nov 22
10-Q
2022 Q3
Quarterly report
12 Aug 22
D
$40M in equity, sold $20K, 1 investor
10 Aug 22
8-K
Changes in Control of Registrant
3 Aug 22
8-K
Changes in Registrant's Certifying Accountant
25 Jul 22
8-K
Changes in Control of Registrant
26 May 22
Latest ownership filings
No filings
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 123.00 | 123.00 | 123.00 | 123.00 | 123.00 | 123.00 |
| Cash burn (monthly) | 2.33 | (no burn) | 17.26 k | 11.85 k | 5.67 | 47.72 k |
| Cash used (since last report) | 6.80 | n/a | 50.34 k | 34.55 k | 16.52 | 139.14 k |
| Cash remaining | 116.20 | n/a | -50.22 k | -34.43 k | 106.48 | -139.02 k |
| Runway (months of cash) | 49.8 | n/a | -2.9 | -2.9 | 18.8 | -2.9 |