2023 Q4 Form 10-Q Financial Statement

#000121390023086916 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q4
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $168.1K $305.7K
YoY Change
Operating Profit
YoY Change
Interest Expense $1.933M $20.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $19.00
YoY Change 850.0%
Pretax Income $1.765M -$305.7K
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $1.765M -$305.7K
YoY Change 140124.31%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.09 -$0.02
COMMON SHARES
Basic Shares Outstanding 19.37M shares 19.37M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $631.8K $735.4K
YoY Change
Cash & Equivalents $631.8K $735.4K $77.71K
Short-Term Investments
Other Short-Term Assets $233.9K $314.3K
YoY Change
Inventory
Prepaid Expenses $233.9K $314.3K $2.598K
Receivables
Other Receivables
Total Short-Term Assets $865.6K $1.050M $80.31K
YoY Change 977.89%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $154.8M $152.8M
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $154.8M $152.8M $114.5K
YoY Change 135116.86%
TOTAL ASSETS
Total Short-Term Assets $865.6K $1.050M $80.31K
Total Long-Term Assets $154.8M $152.8M $114.5K
Total Assets $155.7M $153.8M $194.8K
YoY Change 79819.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $4.000K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.00K $30.00K $173.6K
YoY Change -91.93%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.990M $2.990M
YoY Change
Total Long-Term Liabilities $2.990M $2.990M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $14.00K $30.00K $173.6K
Total Long-Term Liabilities $2.990M $2.990M
Total Liabilities $3.004M $3.020M $173.6K
YoY Change 1630.68%
SHAREHOLDERS EQUITY
Retained Earnings -$3.660M -$3.367M -$3.766K
YoY Change 97085.29%
Common Stock $442.00 $442.00 $374.00
YoY Change 18.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $152.7M -$1.970M $21.23K
YoY Change
Total Liabilities & Shareholders Equity $155.7M $153.8M $194.8K
YoY Change 79819.58%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q4
OPERATING ACTIVITIES
Net Income $1.765M -$305.7K
YoY Change 140124.31%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$83.66K -$619.5K
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$151.4M
YoY Change
Cash From Investing Activities $0.00 -$151.4M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.00K 152.7M
YoY Change
NET CHANGE
Cash From Operating Activities -83.66K -619.5K
Cash From Investing Activities 0.000 -151.4M
Cash From Financing Activities -20.00K 152.7M
Net Change In Cash -103.7K 152.1M
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$83.66K -$619.5K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity Registrant Name
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kvac Private Warrant Description
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<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Use of estimates</span></td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of unaudited condensed financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p>
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CY2022Q3 us-gaap Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
usd
us-gaap Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
usd
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
usd
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
kvac Initial Classification Of Common Stock Subject To Possible Redemption
InitialClassificationOfCommonStockSubjectToPossibleRedemption
usd
kvac Allocation Of Offering Costs To Common Stock Subject To Possible Redemption
AllocationOfOfferingCostsToCommonStockSubjectToPossibleRedemption
usd
kvac Accretion Of Carrying Value To Redemption Value
AccretionOfCarryingValueToRedemptionValue
usd
kvac Accrued Underwriting Compensation
AccruedUnderwritingCompensation
usd
kvac Accretion Of Carrying Value To Redemption Value
AccretionOfCarryingValueToRedemptionValue
usd
CY2022Q3 kvac Accretion Of Carrying Value To Redemption Value
AccretionOfCarryingValueToRedemptionValue
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001889983

Files In Submission

Name View Source Status
kvac-20230930_cal.xml Edgar Link unprocessable
0001213900-23-086916-index-headers.html Edgar Link pending
0001213900-23-086916-index.html Edgar Link pending
0001213900-23-086916.txt Edgar Link pending
0001213900-23-086916-xbrl.zip Edgar Link pending
f10q0923ex31-1_keenvision.htm Edgar Link pending
f10q0923ex31-2_keenvision.htm Edgar Link pending
f10q0923ex32-1_keenvision.htm Edgar Link pending
f10q0923ex32-2_keenvision.htm Edgar Link pending
f10q0923_keenvision.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
kvac-20230930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
kvac-20230930_lab.xml Edgar Link unprocessable
kvac-20230930_def.xml Edgar Link unprocessable
kvac-20230930_pre.xml Edgar Link unprocessable
f10q0923_keenvision_htm.xml Edgar Link completed
R10.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending