Hi,
The .kva file only contains the annotation data (drawings, tracks, comments, etc.).
You can think of it as a sidecar for your original video, or an enriched subtitle file.
When you save it it doesn't modify the original video file.
If you save it with a similar name as the original video (say video.mp4 and video.kva) and they are in the same folder, it will be loaded automatically when you reopen the video. If you save it with a different name or in a different place, you can load it into the video using menu File > Load annotations…
