diff --git a/android/build.gradle b/android/build.gradle
index 70c6bdd..9939b46 100644
--- a/android/build.gradle
+++ b/android/build.gradle
@@ -9,7 +9,7 @@ buildscript {
         ndkVersion = "21.4.7075529"
 
         // react-native-async-storage next
-        kotlinVersion = '1.6.10'
+        kotlinVersion = '1.4.21'
     }
     repositories {
         google()
diff --git a/android/gradle.properties b/android/gradle.properties
index 8b8d695..1fcfd5b 100644
--- a/android/gradle.properties
+++ b/android/gradle.properties
@@ -29,7 +29,7 @@ FLIPPER_VERSION=0.99.0
 
 # react-native-async-storage next
 AsyncStorage_useNextStorage=true
-AsyncStorage_kotlinVersion=1.6.10
+AsyncStorage_kotlinVersion=1.4.21
 
 # required to override exoplayer used by react-native-track-player, resolves "abstract method" error
 # see: https://github.com/google/ExoPlayer/issues/6801#issuecomment-574089568
diff --git a/package.json b/package.json
index cbf7e07..9ed6224 100644
--- a/package.json
+++ b/package.json
@@ -19,7 +19,7 @@
     "version:major": "yarn version --major --no-git-tag-version && ./android/gradlew -p android bumpMajorVersion"
   },
   "dependencies": {
-    "@react-native-async-storage/async-storage": "^1.15.5",
+    "@react-native-async-storage/async-storage": "1.16",
     "@react-native-community/hooks": "^2.6.0",
     "@react-native-community/masked-view": "^0.1.11",
     "@react-native-community/netinfo": "^6.0.0",
diff --git a/yarn.lock b/yarn.lock
index 0c84175..41c0364 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1124,10 +1124,10 @@
     "@babel/runtime" "^7.7.2"
     regenerator-runtime "^0.13.3"
 
-"@react-native-async-storage/async-storage@^1.15.5":
-  version "1.17.3"
-  resolved "https://registry.yarnpkg.com/@react-native-async-storage/async-storage/-/async-storage-1.17.3.tgz#fa7010aa9b6a811ff653df3698a90d3c173dd6a6"
-  integrity sha512-2dxdlGwBjBP2qYu6F72U7cRRFshISYiNEWCaQNOJtxUERCMaYRWcniYqhL248KSbGUMpRhFCEtliztsiGoYYMA==
+"@react-native-async-storage/async-storage@1.16":
+  version "1.16.3"
+  resolved "https://registry.yarnpkg.com/@react-native-async-storage/async-storage/-/async-storage-1.16.3.tgz#f52dc48469c3384d870d581d169e5486c2295701"
+  integrity sha512-yTjoTKTwI7yMi2IIlzauA7t1zoPLatEGqkvEtf4Z5p91qYp4o3M5Rdb9NiyQz7pwlTw8FqWawYPUz8nlQ2z06Q==
   dependencies:
     merge-options "^3.0.4"