ODYSSEY MARINE EXPLORATION INC

CIK: 798528 SIC: 4400

Profile Charts Filings

$353.72K

Revenue

$-43.09M

Net Income

Gross Margin

-3797.12%

Op. Margin

$-14.75M

Free Cash Flow

Financial Statements Annual (10-K)

Showing 15 of 15 annual reports available (2011 - 2025)

Show: 5 10 All (15)

Annual Quarterly

Breakdown	TTM (Dec 31, 2025)	FY 2025 (Dec 31, 2025)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)	FY 2015 (Dec 31, 2015)	FY 2014 (Dec 31, 2014)	FY 2013 (Dec 31, 2013)	FY 2012 (Dec 31, 2012)	FY 2011 (Dec 31, 2011)
+ Total Revenue	$353.72K	$353.72K	$768.68K	$803.80K	$1.33M	$921.24K	$2.04M	$3.07M	$3.28M	$1.25M	$4.68M	$5.33M	$1.32M	$23.91M	$13.20M	$15.73M
Revenue Growth %	0.0%	-54.0%	-4.4%	-39.8%	44.9%	-54.8%	-33.7%	-6.2%	162.4%	-73.3%	-12.1%	302.9%	-94.5%	81.2%	-16.1%	nan%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	$1.45M	$247.09K	$694.79K	$235.54K	$414.99K
+ Gross Profit	-	-	-	-	-	-	-	-	-	-	-	$3.88M	$1.08M	$23.22M	$12.96M	$15.31M
Gross Margin %	nan%	nan%	nan%	nan%	nan%	nan%	nan%	nan%	nan%	nan%	nan%	72.8%	81.3%	97.1%	98.2%	97.4%
Operating Expenses	$13.78M	$13.78M	$12.77M	$11.14M	$18.38M	$15.87M	$14.67M	$13.42M	$9.34M	$9.61M	$15.23M	$26.85M	$29.52M	$40.88M	$28.78M	$31.10M
Selling General & Admin	$10.98M	$10.98M	$9.67M	$6.84M	$8.49M	$6.32M	$3.75M	$5.49M	$5.65M	$6.17M	$7.96M	$11.46M	$9.79M	$14.16M	$10.61M	$9.39M
+ Operating Income	$-13.43M	$-13.43M	$-12.00M	$-10.34M	$-17.04M	$-14.95M	$-12.64M	$-10.35M	$-6.07M	$-8.36M	$-10.55M	$-21.52M	$-28.19M	$-16.97M	$-15.59M	$-15.37M
Operating Margin %	-3797.1%	-3797.1%	-1561.8%	-1286.1%	-1277.0%	-1622.9%	-619.9%	-336.7%	-185.2%	-669.4%	-225.3%	-403.8%	-2131.2%	-70.9%	-118.1%	-97.7%
Interest Expense	-	-	$430.28K	$5.04M	$14.09M	$10.83M	$6.92M	$5.36M	$3.14M	$2.73M	$2.40M	$4.55M	$1.56M	$3.58M	$6.26M	$1.16M
Interest Income	$119.36K	$119.36K	$169.36K	$412.62K	$96.48K	$4.04K	$5.12K	$151.00	$56.41K	$112.00	-	-	-	-	-	-
Other Income/Expense	$-1.18M	$-1.18M	$1.14M	$-1.52M	$-164.61K	$4.06M	$-36.21K	$819.52K	$48.80K	$63.07K	$467.40K	$388.60K	$-950.85K	$2.60M	$-2.60M	$-856.61K
Income Before Tax	$-48.47M	$-48.47M	$6.25M	$-3.88M	$-30.88M	$-16.13M	$-21.09M	$-15.50M	$-9.10M	$-11.02M	$-9.08M	$-21.25M	$-29.14M	$-14.37M	$-18.18M	$-16.23M
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	-	-	$-481.06K	$496.06K	-	-
+ Net Income	$-43.09M	$-43.09M	$15.66M	$5.35M	$-23.14M	$-9.96M	$-14.81M	$-10.44M	$-5.17M	$-7.76M	$-6.32M	$-18.21M	$-26.47M	$-14.86M	$-18.18M	$-16.23M
Net Margin %	-12180.6%	-12180.6%	2037.0%	665.1%	-1733.8%	-1080.8%	-726.7%	-339.7%	-157.9%	-621.5%	-134.9%	-341.6%	-2001.2%	-62.1%	-137.8%	-103.2%
Basic EPS	nan	-1.10	0.75	0.27	-1.34	-0.75	-1.41	nan	nan	nan	nan	nan	nan	nan	nan	nan
Diluted EPS	nan	-1.10	0.07	0.27	-1.34	-0.75	-1.41	nan	nan	nan	nan	nan	nan	nan	nan	nan
Basic Shares Outstanding	5.4M	39.3M	21.0M	19.9M	17.3M	13.3M	10.5M	-	-	-	-	-	-	-	-	-
Diluted Shares Outstanding	5.4M	39.3M	28.4M	20.1M	17.3M	13.3M	10.5M	-	-	-	-	-	-	-	-	-

Breakdown	FY 2025 (Dec 31, 2025)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)	FY 2015 (Dec 31, 2015)	FY 2014 (Dec 31, 2014)	FY 2013 (Dec 31, 2013)	FY 2012 (Dec 31, 2012)	FY 2011 (Dec 31, 2011)
Cash & Cash Equivalents	$3.52M	$4.79M	$4.02M	$1.44M	$2.27M	$6.16M	$203.25K	$2.79M	$1.11M	$1.66M	$2.24M	$3.14M	$21.32M	$10.10M	$7.97M
Accounts Receivable	$67.32K	$285.76K	$110.32K	$7.51K	$268.87K	$160.26K	$421.59K	$789.42K	$232.38K	$473.81K	$801.58K	$6.48M	$207.00K	$2.10M	$500.63K
Inventory	-	-	-	-	-	-	-	-	-	-	-	$674.99K	$314.74K	$418.93K	$557.15K
Other Current Assets	$772.62K	$683.63K	$743.44K	$947.43K	$776.63K	$587.39K	$589.84K	$1.02M	$495.53K	$609.46K	$502.70K	$655.66K	$1.08M	$874.12K	$779.48K
Total Current Assets	$4.36M	$5.76M	$4.88M	$3.98M	$3.32M	$6.91M	$1.22M	$4.60M	$1.85M	$2.76M	$3.55M	$11.47M	$33.61M	$13.77M	$10.02M
Property Plant & Equipment	$474.82K	$534.02K	$524.66K	$3.05M	$479.14K	$614.76K	$756.84K	$117.98K	$593.82K	$1.80M	$2.83M	$7.24M	$9.78M	$6.45M	$6.53M
Other Non-current Assets	$34.30K	$34.30K	$34.30K	$34.30K	$34.30K	$41.81K	$26.81K	-	$532.50K	$532.50K	$540.59K	$1.27M	$2.87M	$1.10M	$1.11M
Total Assets	$15.84M	$18.49M	$22.75M	$13.28M	$8.91M	$11.76M	$5.33M	$5.47M	$2.97M	$5.08M	$6.91M	$25.09M	$51.46M	$26.90M	$23.41M
Accounts Payable	$770.75K	$748.40K	$345.38K	$2.29M	$1.82M	$4.15M	$6.24M	$2.77M	$2.40M	$1.40M	$1.57M	$5.07M	$3.47M	$1.95M	$1.11M
Accrued Liabilities	$9.85M	$8.63M	-	-	-	-	-	-	$6.55M	$5.08M	-	$2.39M	$5.29M	$14.05M	$2.06M
Deferred Revenue	-	-	-	-	-	-	-	-	-	-	$383.15K	-	$1.84M	$2.84M	$3.55M
Total Current Liabilities	$11.68M	$22.47M	$31.47M	$64.69M	$52.61M	$53.88M	$51.23M	$42.03M	$33.31M	$27.21M	$24.68M	$19.04M	$27.95M	$39.00M	$18.85M
Total Liabilities	$91.38M	$97.58M	$108.66M	$89.83M	$71.40M	$69.67M	$58.63M	$46.67M	$40.96M	$36.19M	$32.46M	$35.49M	$38.25M	$47.66M	$32.94M
Common Stock	$5.58K	$2.88K	$2.04K	$1.95K	$1.43K	$1.26K	$948.00	$922.00	$847.00	$772.00	$754.00	$8.56K	$8.39K	$7.54K	$7.31K
Retained Earnings	$-323.52M	$-280.44M	$-296.10M	$-298.23M	$-275.09M	$-265.13M	$-250.32M	$-239.88M	$-234.71M	$-226.95M	$-220.63M	$-202.43M	$-175.95M	$-165.21M	$-147.02M
Total Stockholders Equity	$-37.65M	$-16.24M	$-32.48M	$-32.35M	$-26.03M	$-27.63M	$-29.29M	$-21.89M	$-22.61M	$-18.99M	$-25.55M	$-10.40M	$13.21M	$-20.76M	$-9.77M
Total Liabilities & Equity	$15.84M	$18.49M	$22.75M	$13.28M	$8.91M	$11.76M	$5.33M	$5.47M	$2.97M	$5.08M	$6.91M	$25.09M	$51.46M	$26.90M	$23.41M

Breakdown	TTM (Dec 31, 2025)	FY 2025 (Dec 31, 2025)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)	FY 2015 (Dec 31, 2015)	FY 2014 (Dec 31, 2014)	FY 2013 (Dec 31, 2013)	FY 2012 (Dec 31, 2012)	FY 2011 (Dec 31, 2011)
Net Income	$-43.09M	$-43.09M	$15.66M	$5.35M	$-23.14M	$-9.96M	$-14.81M	$-10.44M	$-5.17M	$-7.76M	$-6.32M	$-18.21M	$-26.47M	$-14.86M	$-18.18M	$-16.23M
Stock-based Compensation	$359.33K	$222.10K	$2.01M	$585.65K	$1.81M	$1.25M	$420.65K	$55.20K	$278.95K	$725.88K	$1.66M	$2.70M	$2.23M	$2.45M	$1.49M	$1.55M
Change in Receivables	$-655.03K	$-218.13K	$175.44K	$103.90K	$241.71K	$108.61K	$-261.34K	$-367.83K	$578.16K	$-241.43K	$-297.84K	$615.99K	$6.27M	$-1.79M	$1.60M	$403.86K
Change in Inventory	-	-	-	-	-	-	-	-	-	-	-	$-1.19M	$264.90K	$-472.71K	$-65.19K	$-371.35K
Change in Payables	$-89.45K	$26.93K	$372.21K	$-1.68M	$5.97M	$6.29M	$4.56M	$3.69M	$496.07K	$999.49K	$-329.86K	$-3.50M	$-242.04K	$1.52M	$832.65K	$-1.13M
Operating Cash Flow	$-14.74M	$-8.85M	$642.34K	$-10.17M	$-9.25M	$-5.43M	$-9.18M	$-5.44M	$-6.45M	$-5.85M	$-8.31M	-	-	$-20.07M	$-6.69M	$-15.19M
Capital Expenditure	$16.10K	$16.10K	$84.35K	$1.35M	$1.35M	$19.14K	-	$15.49K	$9.62K	-	$129.68K	$48.41K	$2.97M	$4.50M	$946.19K	$973.76K
Investing Cash Flow	$-173.61K	$-173.61K	$-84.35K	$-1.03M	$-2.35M	$322.99K	-	$-15.49K	$994.04K	$80.00K	$70.32K	-	-	$-4.50M	$-946.19K	$-488.76K
Debt Repayment	$1.28M	$816.44K	$3.00M	$11.48M	$5.55M	$355.27K	$286.20K	$346.13K	$349.60K	$408.77K	$158.80K	$1.81M	-	-	-	-
Stock Issued	-	$7.67M	$3.90M	$239.30K	$16.51M	-	$11.31M	-	$4.56M	-	-	-	-	$10.36M	$860.48K	$15.63M
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.00K	$515.56K
Financing Cash Flow	$10.06M	$7.75M	$212.03K	$13.78M	$10.77M	$1.21M	$15.13M	$2.88M	$7.14M	$5.22M	$7.66M	-	-	$35.80M	$9.76M	$23.42M
Net Change in Cash	$-4.85M	$-1.28M	$770.02K	$2.58M	$-831.33K	$-3.89M	$5.95M	$-2.58M	$1.68M	$-554.45K	$-578.67K	$-902.23K	$-18.18M	$11.23M	$2.12M	$7.74M

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
Description	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
Description	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-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.