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ODYSSEY MARINE EXPLORATION INC

CIK: 798528 SIC: 4400
$353.72K
Revenue
$-43.09M
Net Income
-
Gross Margin
-3797.12%
Op. Margin
$-14.75M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 43 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2023)
Q3 2022
(Sep 30, 2022)
Q2 2022
(Jun 30, 2022)
+ Total Revenue $22.74K $60.98K $135.00K $135.00K $136.15K $213.90K $215.56K $203.06K $172.57K $288.74K $-244.49K $358.41K $390.28K
Revenue Growth % (YoY) -83.3% -71.5% -37.4% -33.5% nan% nan% 24.9% -29.7% -55.8% nan% nan% nan% nan%
Operating Expenses $4.72M $2.19M $4.51M $2.36M $1.54M $3.08M $3.23M $4.92M $3.32M $3.67M $-3.43M $4.08M $3.52M
Selling General & Admin $4.00M $1.38M $3.81M $1.79M $1.70M $1.73M $2.20M $4.03M $1.82M $1.88M $419.09K $2.21M $2.29M
+ Operating Income $-4.70M $-2.13M $-4.38M $-2.23M $-1.40M $-2.87M $-3.02M $-4.72M $-3.15M $-3.38M $3.19M $-3.72M $-3.13M
Operating Margin % -20662.5% -3494.4% -3241.0% -1648.6% -1031.0% -1340.9% -1399.1% -2323.0% -1823.5% -1169.6% -1304.4% -1037.9% -802.4%
Interest Expense - - - - - $430.28K $1.83M $1.82M $4.33M $3.81M $-5.40M $3.66M $3.55M
Interest Income $7.80K $4.81K $45.27K $61.49K $53.59K $108.05K $7.31K $409.00 $23.42K $388.53K - - -
Other Income/Expense $-142.94K $-188.97K $-625.98K $-223.28K $121.96K $431.61K $772.62K $-183.27K $-283.90K $-322.25K $-1.46M $-4.83K $140.36K
Income Before Tax $-17.41M $-13.51M $-17.14M $-415.65K $-7.18M $16.24M $-3.73M $920.97K $-8.04M $14.36M $20.14M $-7.39M $-6.54M
Income Tax Expense - - - - - - - - $-3.05K $-5.75K - - -
+ Net Income $-17.41M $-13.07M $-14.85M $2.24M $-5.00M $18.69M $-1.53M $3.50M $-5.72M $16.60M $23.71M $-5.46M $-4.68M
Net Margin % -76530.3% -21439.5% -10998.5% 1660.4% -3673.4% 8736.9% -708.4% 1722.6% -3316.6% 5749.3% -9699.5% -1522.1% -1200.0%
Basic EPS nan -0.31 -0.48 0.08 -0.26 0.90 -0.07 0.17 -0.29 0.84 1.38 -0.28 -0.30
Diluted EPS nan -0.31 -0.48 0.01 0.18 0.13 -0.07 -0.18 -0.29 0.83 1.38 -0.28 -0.30
Basic Shares Outstanding 5.4M 41.6M 30.8M 29.1M 453K 20.7M 20.5M 20.4M 19.9M 19.7M 3.4M 19.5M 15.8M
Diluted Shares Outstanding 5.4M 41.6M 30.8M 41.6M 2.5M 25.2M 20.5M 26.7M 19.9M 19.9M 3.5M 19.5M 15.8M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2023)
Q3 2022
(Sep 30, 2022)
Q2 2022
(Jun 30, 2022)
Cash & Cash Equivalents $3.52M $5.82M $3.55M $2.46M $4.79M $2.86M $7.58M $2.08M $1.83M $674.43K $4.02M $6.78M $10.53M
Accounts Receivable $67.32K $67.32K $67.32K $67.31K $285.76K $84.12K $75.57K $59.13K $1.01M $17.00 $110.32K $422.66K $329.54K
Other Current Assets $772.62K $321.43K $412.46K $573.73K $683.63K $278.74K $390.96K $587.83K $981.21K $1.06M $743.44K $481.38K $547.08K
Total Current Assets $4.36M $6.20M $4.03M $3.10M $5.76M $3.22M $8.04M $2.73M $4.52M $3.78M $4.88M $7.69M $11.41M
Property Plant & Equipment $474.82K $479.10K $495.30K $513.49K $534.02K - - - $2.77M $2.85M $524.66K $648.18K $702.69K
Other Non-current Assets $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K $34.30K
Total Assets $15.84M $17.74M $16.57M $15.83M $18.49M $21.76M $26.28M $20.63M $13.99M $13.16M $22.75M $14.34M $17.82M
Accounts Payable $770.75K $507.41K $692.98K $778.65K $748.40K $406.51K $345.95K $1.30M $932.90K $1.44M $345.38K $2.57M $2.73M
Accrued Liabilities $9.85M - - - $8.63M - - - - - - - -
Total Current Liabilities $11.68M $16.41M $30.97M $23.15M $22.47M $30.95M $37.79M $32.90M $40.27M $36.33M $31.47M $60.74M $57.27M
Total Liabilities $91.38M $101.04M $106.84M $95.27M $97.58M $98.48M $120.20M $111.69M $79.00M $70.62M $108.66M $85.28M $81.67M
Common Stock $5.58K $5.04K $3.25K $2.92K $2.88K $2.09K $2.06K $2.04K $2.00K $1.99K $2.04K $1.95K $1.95K
Retained Earnings $-323.52M $-306.12M $-293.05M $-278.20M $-280.44M $-275.44M $-294.13M $-292.60M $-287.35M $-281.63M $-296.10M $-293.46M $-288.00M
Total Stockholders Equity $-37.65M $-45.40M $-52.81M $-13.95M $-16.24M $-16.06M $-35.71M $-35.05M $-16.27M $-11.02M $-32.48M $-28.84M $-23.68M
Total Liabilities & Equity $15.84M $17.74M $16.57M $15.83M $18.49M $21.76M $26.28M $20.63M $13.99M $13.16M $22.75M $14.34M $17.82M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2023)
Q3 2022
(Sep 30, 2022)
Q2 2022
(Jun 30, 2022)
Net Income $-17.41M $-13.07M $-14.85M $2.24M $-5.00M $18.69M $-1.53M $3.50M $10.88M $16.60M $23.71M $-5.46M $-12.91M
Stock-based Compensation $84.87K $137.23K $91.48K $45.74K $345.29K $1.67M $1.56M $1.46M $372.83K $122.34K $-439.63K $1.03M $731.50K
Change in Receivables $3.00 $-218.13K $-218.45K $-218.46K $201.64K $-26.20K $32.06K - $997.64K $-7.50K $-49.89K $153.79K $60.67K
Change in Payables $267.46K $-240.53K $-104.86K $-11.52K $341.89K $30.32K $-30.25K $953.16K $-1.06M $-657.42K $-7.98M $6.30M $6.34M
Operating Cash Flow $-2.82M $-6.03M $-3.93M $-1.96M $-1.77M $2.41M $3.97M $-1.67M $-7.37M $-3.49M $-4.14M $-6.03M $-2.67M
Capital Expenditure $14.51K $1.59K - - $-4.03K $88.38K $84.35K $103.94K $97.59K $5.33K $1.03M $316.82K $312.40K
Investing Cash Flow $-14.51K $-159.09K - - $4.03K $-88.38K $-84.35K $-103.94K $942.41K $-5.33K $-712.30K $-316.82K $-312.40K
Debt Repayment $351.30K $465.14K $307.61K $152.58K $-465.14K $3.47M $310.74K $154.13K $11.14M $9.69M $6.12M $5.36M $5.07M
Stock Issued $1.00 $7.67M $2.86M - - - - - - - $-16.27M $16.51M $16.51M
Financing Cash Flow $535.34K $7.21M $2.69M $-376.89K $3.70M $-3.49M $-327.13K $-170.53K $6.81M $2.72M $2.92M $10.86M $11.25M
Net Change in Cash $-2.30M $1.02M $-1.24M $-2.33M $1.93M $-1.16M $3.55M $-1.94M $388.66K $-768.99K $-1.93M $4.51M $8.26M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $60.98K $213.90K $330.98K $632.53K
Operating Expenses $2.19M $3.08M $9.06M $11.23M
Selling General & Admin $1.38M $1.73M $6.98M $7.97M
Operating Income $-2.13M $-2.87M $-8.73M $-10.60M
Interest Expense $1.35M $1.67M - $430.28K
Interest Income $4.81K $108.05K $111.57K $115.77K
Other Income/Expense $-188.97K $431.61K $-1.04M $1.02M
Income Before Tax $-13.51M $16.24M $-31.06M $13.43M
Income Tax Expense - - - -
Net Income $-13.07M $18.69M $-25.68M $20.66M
Basic EPS -0.31 0.90 -0.76 1.01
Diluted EPS -0.31 0.13 -0.76 -0.11
Basic Shares Outstanding $41.58M $20.67M $33.86M $20.52M
Diluted Shares Outstanding $41.58M $25.22M $33.86M $25.91M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $5.82M $4.79M
Accounts Receivable $67.32K $285.76K
Other Current Assets $321.43K $683.63K
Total Current Assets $6.20M $5.76M
Property Plant & Equipment $479.10K $534.02K
Other Non-current Assets $34.30K $34.30K
Total Assets $17.74M $18.49M
Accounts Payable $507.41K $748.40K
Total Current Liabilities $16.41M $22.47M
Total Liabilities $101.04M $97.58M
Common Stock $5.04K $2.88K
Retained Earnings $-306.12M $-280.44M
Total Stockholders Equity $-45.40M $-16.24M
Total Liabilities & Equity $17.74M $18.49M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-13.07M $18.69M $-25.68M $20.66M
Stock-based Compensation - - $137.23K $1.67M
Change in Receivables - - $-218.13K $-26.20K
Change in Payables - - $-240.53K $30.32K
Operating Cash Flow - - $-6.03M $2.41M
Capital Expenditure - - $1.59K $88.38K
Investing Cash Flow - - $-159.09K $-88.38K
Debt Repayment - - $465.14K $3.47M
Stock Issued - - $7.67M -
Financing Cash Flow - - $7.21M $-3.49M
Net Change in Cash - - $1.02M $-1.16M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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