$KRFG
OneSolution Technology Inc. Stock $krfg

$krfg Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-K Financial Statement

#000168316823004906 Filed on July 14, 2023

Income Statement

Concept	2023 Q3	2023 Q1	2023
Revenue	$19.17K		$198.8K
YoY Change	567.34%		-48.41%
Cost Of Revenue	$11.50K		$70.28K
YoY Change	336.6%		3.27%
Gross Profit	$7.666K		$128.5K
YoY Change	3121.01%		-59.5%
Gross Profit Margin	40.0%		64.65%
Selling, General & Admin	$141.1K		$885.5K
YoY Change	-64.05%		178.34%
% of Gross Profit	1841.19%		688.88%
Research & Development	$76.28K		$259.5K
YoY Change	-55.53%		336.95%
% of Gross Profit	995.06%		201.88%
Depreciation & Amortization	$647.00		$2.319K
YoY Change	14.11%		-94.61%
% of Gross Profit	8.44%		1.8%
Operating Expenses	$217.4K		$1.145M
YoY Change	-61.46%		203.3%
Operating Profit	-$209.8K		-$1.016M
YoY Change	-62.81%		1589.59%
Interest Expense	$100.6K
YoY Change	208.96%
% of Operating Profit
Other Income/Expense, Net	-$100.7K		-$299.0K
YoY Change	258.15%
Pretax Income	-$310.5K		-$1.316M
YoY Change	-47.56%		2086.32%
Income Tax	$0.00		$0.00
% Of Pretax Income
Net Earnings	-$310.5K		-$1.316M
YoY Change	-47.56%		2086.32%
Net Earnings / Revenue	-1619.91%		-661.67%
Basic Earnings Per Share	$0.00		$0.00
Diluted Earnings Per Share	$0.00		$0.00
COMMON SHARES
Basic Shares Outstanding	5.484B shares	5.484B shares	5.306B shares
Diluted Shares Outstanding	8.484B shares		8.484B shares

Balance Sheet

Concept	2023 Q3	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$1.456K	$4.911K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory		$0.00
Prepaid Expenses		$94.22K
Receivables	$42.49K	$19.08K
Other Receivables
Total Short-Term Assets	$565.7K	$541.5K
YoY Change	-23.61%	493.26%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.815K	$5.095K
YoY Change	-40.25%	-2.17%
Goodwill
YoY Change
Intangibles	$12.73K	$14.94K
YoY Change	-25.92%	-23.28%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$323.7K	$548.0K
YoY Change	326.54%	466.12%
TOTAL ASSETS
Total Short-Term Assets	$565.7K	$541.5K
Total Long-Term Assets	$323.7K	$548.0K
Total Assets	$889.4K	$1.089M
YoY Change	8.94%	479.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$110.3K	$0.00
YoY Change	2868.29%	-100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.978M	$2.723M
YoY Change	15.99%	44.28%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.978M	$2.723M
Total Long-Term Liabilities
Total Liabilities	$2.978M	$2.723M
YoY Change	14.93%	41.75%
SHAREHOLDERS EQUITY
Retained Earnings	-$8.335M	-$7.884M
YoY Change	13.51%	20.03%
Common Stock	$5.484M	$5.484M
YoY Change	0.0%	14.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$2.089M	-$1.633M
YoY Change
Total Liabilities & Shareholders Equity	$889.4K	$1.089M
YoY Change	8.94%	479.29%

Cashflow Statement

Concept	2023 Q3	2023
OPERATING ACTIVITIES
Net Income	-$310.5K	-$1.316M
YoY Change	-47.56%	2086.32%
Depreciation, Depletion And Amortization	$647.00	$2.319K
YoY Change	14.11%	-94.61%
Cash From Operating Activities		-$180.8K
YoY Change		-309.97%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		-$2.216K
YoY Change		-72.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		$165.5K
YoY Change		-259.72%
NET CHANGE
Cash From Operating Activities		-$180.8K
Cash From Investing Activities		-$2.216K
Cash From Financing Activities		$165.5K
Net Change In Cash		-$9.953K
YoY Change		-61.17%
FREE CASH FLOW
Cash From Operating Activities		-$180.8K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0000774415
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets		usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2023	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue		usd
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	000-56396
CY2023	dei	Entity Registrant Name EntityRegistrantName	KING RESOURCES, INC.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-3784149
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	Unit 1813, 18/F
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Fo Tan Industrial Centre
CY2023	dei	Entity Address Address Line3 EntityAddressAddressLine3	26-28 Au Pui Wan Street
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Fo Tan
CY2023	dei	Entity Address Country EntityAddressCountry	HK
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	00000
CY2023	dei	Country Region CountryRegion	852
CY2023	dei	City Area Code CityAreaCode	3585
CY2023	dei	Local Phone Number LocalPhoneNumber	8905
CY2023	dei	Security12g Title Security12gTitle	Common Stock, par value $0.001 per share
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	5484167213	shares
CY2022Q3	dei	Entity Public Float EntityPublicFloat	1596012	usd
CY2023	dei	Auditor Name AuditorName	J&S Associate PLT
CY2023	dei	Auditor Firm AuditorFirmId	6743
CY2023	dei	Auditor Location AuditorLocation	Kuala Lumpur, Malaysia
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4911	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14864	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	19078	usd
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	0	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	0	usd
CY2022Q1	us-gaap	Inventory Net InventoryNet	17617	usd
CY2023Q1	us-gaap	Deferred Costs Current DeferredCostsCurrent	402500	usd
CY2022Q1	us-gaap	Deferred Costs Current DeferredCostsCurrent	0	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	114971	usd
CY2022Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	58788	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	541460	usd
CY2022Q1	us-gaap	Assets Current AssetsCurrent	91269	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5095	usd
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5208	usd
CY2023Q1	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	495299	usd
CY2022Q1	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	0	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	32705	usd
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	72129	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14937	usd
CY2022Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	19469	usd
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	548036	usd
CY2022Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	96806	usd
CY2023Q1	us-gaap	Assets Assets	1089496	usd
CY2022Q1	us-gaap	Assets Assets	188075	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	253942	usd
CY2022Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	165392	usd
CY2023Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	300000	usd
CY2022Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	0	usd
CY2023Q1	KRFG	Advance Received From Mirum Digital Media Limited AdvanceReceivedFromMirumDigitalMediaLimited	286639	usd
CY2022Q1	KRFG	Advance Received From Mirum Digital Media Limited AdvanceReceivedFromMirumDigitalMediaLimited	0	usd
CY2023Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	1848612	usd
CY2022Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	1683063	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	33638	usd
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	38697	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2722831	usd
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1887152	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	33721	usd
CY2023Q1	us-gaap	Liabilities Liabilities	2722831	usd
CY2022Q1	us-gaap	Liabilities Liabilities	1920873	usd
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	85000000	shares
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	85000000	shares
CY2023Q1	KRFG	Preferred Stock Shares Authorized Undesignated PreferredStockSharesAuthorizedUndesignated	35000000	shares
CY2022Q1	KRFG	Preferred Stock Shares Authorized Undesignated PreferredStockSharesAuthorizedUndesignated	35000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	6000000000	shares
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	6000000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5484167213	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5484167213	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4807802061	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4807802061	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	5484167	usd
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	4807802	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	731135	usd
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	5364	usd
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2107	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7884001	usd
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6568493	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-1633335	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-1732798	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1089496	usd
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	188075	usd
CY2023	us-gaap	Revenues Revenues	198816	usd
CY2022	us-gaap	Revenues Revenues	385406	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	70275	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	68046	usd
CY2023	us-gaap	Gross Profit GrossProfit	128541	usd
CY2022	us-gaap	Gross Profit GrossProfit	317360	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	259502	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	59385	usd
CY2023	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	355920	usd
CY2022	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	915	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	529578	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	317226	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	1145000	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	377526	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-1016459	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-60166	usd
CY2023	us-gaap	Interest Expense Other InterestExpenseOther	309701	usd
CY2022	us-gaap	Interest Expense Other InterestExpenseOther	-0	usd
CY2023	us-gaap	Interest And Other Income InterestAndOtherIncome	40	usd
CY2022	us-gaap	Interest And Other Income InterestAndOtherIncome	0	usd
CY2023	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	751	usd
CY2022	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	-0	usd
CY2023	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	9186	usd
CY2022	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	usd
CY2023	us-gaap	Other Income OtherIncome	2177	usd
CY2022	us-gaap	Other Income OtherIncome	0	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-299049	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	0	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-1315508	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-60166	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-1315508	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-60166	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	7471	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	11304	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1308037	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-48862	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5306357404	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4807802061	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8484167213	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7807802061	shares
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-1315508	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-60166	usd
CY2023	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	41621	usd
CY2022	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	38685	usd
CY2023	us-gaap	Adjustment For Amortization AdjustmentForAmortization	4490	usd
CY2022	us-gaap	Adjustment For Amortization AdjustmentForAmortization	4308	usd
CY2023	us-gaap	Other Noncash Expense OtherNoncashExpense	2678	usd
CY2022	us-gaap	Other Noncash Expense OtherNoncashExpense	1369	usd
CY2023	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	309701	usd
CY2022	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	0	usd
CY2023	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	200000	usd
CY2022	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	0	usd
CY2023	KRFG	Increase Decrease In Accounts Receivable Related Party IncreaseDecreaseInAccountsReceivableRelatedParty	0	usd
CY2022	KRFG	Increase Decrease In Accounts Receivable Related Party IncreaseDecreaseInAccountsReceivableRelatedParty	38541	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	19078	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-0	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-17617	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	9252	usd
CY2023	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	56183	usd
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	41144	usd
CY2023	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	375189	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	153643	usd
CY2023	KRFG	Increase Decrease In Accrued Consulting And Service Fees IncreaseDecreaseInAccruedConsultingAndServiceFees	300000	usd
CY2022	KRFG	Increase Decrease In Accrued Consulting And Service Fees IncreaseDecreaseInAccruedConsultingAndServiceFees	0	usd
CY2023	KRFG	Increase Decrease In Rightofuse Assets And Lease Liabilities IncreaseDecreaseInRightofuseAssetsAndLeaseLiabilities	41335	usd
CY2022	KRFG	Increase Decrease In Rightofuse Assets And Lease Liabilities IncreaseDecreaseInRightofuseAssetsAndLeaseLiabilities	39871	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-180808	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	86113	usd
CY2023	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	2216	usd
CY2022	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	5536	usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	2551	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2216	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8087	usd
CY2023	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	165549	usd
CY2022	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-103654	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	165549	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-103654	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7522	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1971	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-9953	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-27599	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14864	usd
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42463	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4911	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14864	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023	KRFG	Lease Obligation And Right Of Use Asset LeaseObligationAndRightOfUseAsset	33638	usd
CY2022	KRFG	Lease Obligation And Right Of Use Asset LeaseObligationAndRightOfUseAsset	78686	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-1683936	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	11304	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-60166	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-1732798	usd
CY2023	KRFG	Commitment Shares Issued CommitmentSharesIssued	1207500	usd
CY2023	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	200000	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	7471	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-1315508	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-1633335	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_zZsg2VOftYMg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 3px"> </td> <td style="width: 39px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_861_znKqAwtZ1T1d">Use of estimates and assumptions</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. Significant estimates in the year include the valuation and useful lives of intangible assets and deferred tax valuation allowance.</p>
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2023	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2022	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2022Q1	KRFG	Less Foreign Translation Difference LessForeignTranslationDifference	341	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5095	usd
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5208	usd
CY2023	us-gaap	Depreciation Depreciation	2319	usd
CY2022	us-gaap	Depreciation Depreciation	330	usd
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7884001	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	54613	usd
CY2022Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	52526	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	49637	usd
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	47659	usd
CY2023Q1	KRFG	Less Foreign Translation Difference LessForeignTranslationDifference	119	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-8799	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-4308	usd
CY2023Q1	KRFG	Foreign Translation Adjustment Intangible Assets ForeignTranslationAdjustmentIntangibleAssets	-168	usd
CY2022Q1	KRFG	Foreign Translation Adjustment Intangible Assets ForeignTranslationAdjustmentIntangibleAssets	-127	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14937	usd
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	19469	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4491	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4308	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	4485	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4484	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	4485	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	255	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	255	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	976	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14937	usd
CY2023Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	1848612	usd
CY2022Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	1683063	usd
CY2023Q1	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P2Y
CY2023Q1	KRFG	Rightofuse Assets RightofuseAssets	32705	usd
CY2022Q1	KRFG	Rightofuse Assets RightofuseAssets	72129	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	33638	usd
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	38697	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	33721	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	33638	usd
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	72418	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.05	pure
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	33638	usd
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	85000000	shares
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	6000000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5484167213	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4807802061	shares
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1315508	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-60166	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5306357404	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4807802061	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8484167213	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7807802061	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-1315508	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-60166	usd
CY2023	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	usd
CY2023	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	0	usd
CY2022	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	19521	usd
CY2023	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-19521	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Us Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsUsTaxRegime	157990	usd
CY2022Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Us Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsUsTaxRegime	37754	usd
CY2023Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Hong Kong Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsHongKongTaxRegime	295848	usd
CY2022Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Hong Kong Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsHongKongTaxRegime	256470	usd
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	453838	usd
CY2022Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	294224	usd
CY2023Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd

Files In Submission

Name	View Source	Status
0001683168-23-004906-index-headers.html	Edgar Link	pending
0001683168-23-004906-index.html	Edgar Link	pending
0001683168-23-004906.txt	Edgar Link	pending
0001683168-23-004906-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
image_003.jpg	Edgar Link	pending
king_ex0402.htm	Edgar Link	pending
king_ex21.htm	Edgar Link	pending
king_ex3101.htm	Edgar Link	pending
king_ex3102.htm	Edgar Link	pending
king_ex3201.htm	Edgar Link	pending
king_ex3202.htm	Edgar Link	pending
king_i10k-033123.htm	Edgar Link	pending
krfg-20230331.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
krfg-20230331_def.xml	Edgar Link	unprocessable
krfg-20230331_lab.xml	Edgar Link	unprocessable
king_i10k-033123_htm.xml	Edgar Link	completed
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
krfg-20230331_cal.xml	Edgar Link	unprocessable
krfg-20230331_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$KRFG
OneSolution Technology Inc. Stock $krfg

2023 Q3 Form 10-K Financial Statement

#000168316823004906 Filed on July 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRFG OneSolution Technology Inc. Stock $krfg

2023 Q3 Form 10-K Financial Statement

#000168316823004906 Filed on July 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRFG
OneSolution Technology Inc. Stock $krfg