10-K Filing

ODYSSEY MARINE EXPLORATION INC CIK: 798528 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001193125-13-103176`
Period End Date	20121231
Filing Date	20130312
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	omex-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 85 Cash Flow Statement 132 Stockholders Equity 18

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	9.36M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	9.36M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$235.76K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.10M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$212.79K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$276.91K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$500.63K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.10M	USD	Point-in-time
Inventory	`InventoryNet`	$557.15K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventory	`InventoryNet`	$418.93K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$874.12K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	287,500.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	73.10M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	75.42M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$779.48K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.02M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	73.10M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	75.42M	shares	Point-in-time
Equipment and office fixtures	`FixturesAndEquipmentGross`	$15.45M	USD	Point-in-time
Equipment and office fixtures	`FixturesAndEquipmentGross`	$16.78M	USD	Point-in-time
Building and land	`BuildingAndLand`	$4.70M	USD	Point-in-time
Building and land	`BuildingAndLand`	$4.71M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.62M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.04M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$6.45M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$6.53M	USD	Point-in-time
Inventory	`InventoryNoncurrent`	$5.57M	USD	Point-in-time
Inventory	`InventoryNoncurrent`	$5.50M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$251.79K	USD	Point-in-time
Investment in unconsolidated entity	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	-	USD	Point-in-time
Investment in unconsolidated entity	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	-	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.10M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.11M	USD	Point-in-time
Total other assets	`OtherAssets`	$6.86M	USD	Point-in-time
Total other assets	`OtherAssets`	$6.68M	USD	Point-in-time
Total assets	`Assets`	$26.90M	USD	Point-in-time
Total assets	`Assets`	$23.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.11M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$14.05M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$2.06M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.55M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.84M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$7.33M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$5.36M	USD	Point-in-time
Mortgage and loans payable	`MortgageAndLoansPayableCurrent`	$4.80M	USD	Point-in-time
Mortgage and loans payable	`MortgageAndLoansPayableCurrent`	$14.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.00M	USD	Point-in-time
Mortgage and loans payable	`MortgageAndLoansPayableNonCurrent`	$4.01M	USD	Point-in-time
Mortgage and loans payable	`MortgageAndLoansPayableNonCurrent`	$5.69M	USD	Point-in-time
Deferred income from revenue participation rights	`DeferredRevenueNoncurrent`	$4.64M	USD	Point-in-time
Deferred income from revenue participation rights	`DeferredRevenueNoncurrent`	$8.40M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.09M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$8.65M	USD	Point-in-time
Total liabilities	`Liabilities`	$47.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$32.94M	USD	Point-in-time
Commitments and contingencies (NOTE U)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (NOTE U)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Series G Convertible Preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$250.00K	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $.0001 par value; 150,000,000 shares authorized; 75,416,203 and 73,095,384 issued and outstanding "	`CommonStockValue`	$7.54K	USD	Point-in-time
Common stock - $.0001 par value; 150,000,000 shares authorized; 75,416,203 and 73,095,384 issued and outstanding "	`CommonStockValue`	$7.31K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$137.24M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$144.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-165.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-147.02M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-7.55M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-9.77M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-20.76M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$23.41M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$26.90M	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Artifact sales and other	`SalesRevenueGoodsNet`	$853.63K	USD	Annual
Artifact sales and other	`SalesRevenueGoodsNet`	$391.19K	USD	Annual
Artifact sales and other	`SalesRevenueGoodsNet`	$8.04M	USD	Annual
Exhibit	`ExhibitRevenue`	$225.00K	USD	Annual
Exhibit	`ExhibitRevenue`	$140.00K	USD	Annual
Exhibit	`ExhibitRevenue`	$207.29K	USD	Annual
Expedition	`ExpeditionCharterRevenue`	$4.94M	USD	Annual
Expedition	`ExpeditionCharterRevenue`	$14.67M	USD	Annual
Expedition	`ExpeditionCharterRevenue`	$20.47M	USD	Annual
Total revenue	`Revenues`	$21.00M	USD	Annual
Total revenue	`Revenues`	$1.43M	USD	1 Quarter
Total revenue	`Revenues`	$15.73M	USD	Annual
Total revenue	`Revenues`	$6.74M	USD	1 Quarter
Total revenue	`Revenues`	$5.94M	USD	1 Quarter
Total revenue	`Revenues`	$2.09M	USD	1 Quarter
Total revenue	`Revenues`	$2.90M	USD	1 Quarter
Total revenue	`Revenues`	$7.93M	USD	1 Quarter
Total revenue	`Revenues`	$946.10K	USD	1 Quarter
Total revenue	`Revenues`	$13.20M	USD	Annual
Total revenue	`Revenues`	$948.69K	USD	1 Quarter
Cost of sales - artifacts and other	`CostOfGoodsSold`	$414.99K	USD	Annual
Cost of sales - artifacts and other	`CostOfGoodsSold`	$235.54K	USD	Annual
Cost of sales - artifacts and other	`CostOfGoodsSold`	$191.09K	USD	Annual
Operations and research	`OperationsAndResearch`	$21.29M	USD	Annual
Operations and research	`OperationsAndResearch`	$19.57M	USD	Annual
Operations and research	`OperationsAndResearch`	$17.94M	USD	Annual
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.15M	USD	Annual
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.39M	USD	Annual
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.61M	USD	Annual
Receivable reserves	`ProvisionForDoubtfulAccounts`	$8.49M	USD	Annual
Total operating expenses	`OperatingExpenses`	$28.78M	USD	Annual
Total operating expenses	`OperatingExpenses`	$31.10M	USD	Annual
Total operating expenses	`OperatingExpenses`	$37.41M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-15.59M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-15.37M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-16.41M	USD	Annual
Interest income	`InvestmentIncomeNonoperating`	$3.90K	USD	Annual
Interest income	`InvestmentIncomeNonoperating`	$3.88K	USD	Annual
Interest income	`InvestmentIncomeNonoperating`	$24.42K	USD	Annual
Interest expense	`InterestExpense`	$1.16M	USD	Annual
Interest expense	`InterestExpense`	$6.26M	USD	Annual
Interest expense	`InterestExpense`	$515.88K	USD	Annual
Change in derivative liabilities fair value	`GainOnDerivativeInstrumentsPretax`	$4.98M	USD	Annual
Change in derivative liabilities fair value	`GainOnDerivativeInstrumentsPretax`	$-3.64M	USD	Annual
Change in derivative liabilities fair value	`GainOnDerivativeInstrumentsPretax`	$3.63M	USD	Annual
(Loss) on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-383.02K	USD	Annual
(Loss) from unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$-2.45M	USD	Annual
(Loss) from unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$-4.73M	USD	Annual
Other	`OtherNonoperatingIncome`	$44.76K	USD	Annual
Other	`OtherNonoperatingIncome`	$47.55K	USD	Annual
Other	`OtherNonoperatingIncome`	$9.00K	USD	Annual
Total other income or (expense)	`OtherNonoperatingIncomeExpense`	$-2.60M	USD	Annual
Total other income or (expense)	`OtherNonoperatingIncomeExpense`	$-6.94M	USD	Annual
Total other income or (expense)	`OtherNonoperatingIncomeExpense`	$-856.61K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-23.34M	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-16.23M	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-18.18M	USD	Annual
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`ProfitLoss`	$-5.48M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-16.23M	USD	Annual
NET LOSS	`ProfitLoss`	$-18.18M	USD	Annual
NET LOSS	`ProfitLoss`	$3.80M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-23.34M	USD	Annual
NET LOSS	`ProfitLoss`	$-3.98M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-15.59M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-5.17M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-5.14M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-1.93M	USD	1 Quarter
NET LOSS	`ProfitLoss`	$-914.95K	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.36	USD	Annual
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	Annual
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	Annual
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.05	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	65.63M	shares	Annual
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	70.18M	shares	Annual
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	73.89M	shares	Annual

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-5.48M	USD	1 Quarter
Net loss	`ProfitLoss`	$-16.23M	USD	Annual
Net loss	`ProfitLoss`	$-18.18M	USD	Annual
Net loss	`ProfitLoss`	$3.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-23.34M	USD	Annual
Net loss	`ProfitLoss`	$-3.98M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.59M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.17M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.14M	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.93M	USD	1 Quarter
Net loss	`ProfitLoss`	$-914.95K	USD	1 Quarter
Loan fee amortization	`AmortizationOfFinancingCosts`	$273.00K	USD	Annual
Loan fee amortization	`AmortizationOfFinancingCosts`	$425.56K	USD	Annual
Note payable interest accretion	`IncreaseDecreaseInInterestPayableNet`	$405.46K	USD	Annual
Note payable interest accretion	`IncreaseDecreaseInInterestPayableNet`	$4.12M	USD	Annual
Senior convertible debit interest settled with common stock issuance	`SeniorConvertibleDebitInterestSettledWithCommonStockIssuance`	$349.48K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.14M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.49M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.55M	USD	Annual
Depreciation and amortization	`Depreciation`	$1.59M	USD	Annual
Convertible Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Depreciation and amortization	`Depreciation`	$1.89M	USD	Annual
Depreciation and amortization	`Depreciation`	$2.16M	USD	Annual
Convertible Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Purchase of common stock	`ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights`	1.80M	shares	Point-in-time
Write down of long-lived asset	`ImpairmentOfLongLivedAssetsHeldForUse`	$593.97K	USD	Annual
Common Stock Warrants	`ClassOfWarrantOrRightOutstanding`	6.20M	shares	Point-in-time
Loan discount amortization	`AmortizationOfDebtDiscountPremium`	$129.38K	USD	Annual
Common Stock Warrants	`ClassOfWarrantOrRightOutstanding`	75,000.00	shares	Point-in-time
Common Stock Warrants	`ClassOfWarrantOrRightOutstanding`	287,500.00	shares	Point-in-time
Common Stock Warrants	`ClassOfWarrantOrRightOutstanding`	100,000.00	shares	Point-in-time
Purchase price of shares	`PaymentsForRepurchaseOfWarrants`	$250.00K	USD	Point-in-time
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-383.02K	USD	Annual
Total offering	`PaymentsForRepurchaseOfEquity`	$6.00M	USD	Point-in-time
Change in derivatives liabilities fair value	`GainOnDerivativeInstrumentsPretax`	$4.98M	USD	Annual
Change in derivatives liabilities fair value	`GainOnDerivativeInstrumentsPretax`	$-3.64M	USD	Annual
Change in derivatives liabilities fair value	`GainOnDerivativeInstrumentsPretax`	$3.63M	USD	Annual
Cash received	`StockIssuedDuringPeriodValueIssuedForCash`	$5.05M	USD	Point-in-time
Loss in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$-2.45M	USD	Annual
Loss in unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$-4.73M	USD	Annual
Investment in unconsolidated entity	`InvestmentInUnconsolidatedEntity`	$4.73M	USD	Annual
Amount get from conversion of shares	`ConversionOfStockAmountConverted1`	$950.00K	USD	Point-in-time
Promissory notes issued	`NotesIssued1`	$1.80M	USD	Point-in-time
Accounts receivable - reserve	`ProvisionForDoubtfulAccounts`	$8.49M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.60M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$403.86K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.34M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-282.63K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-187.67K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-3.37K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-65.19K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-371.35K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-158.04K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$93.11K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$119.36K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$167.31K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$832.65K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.13M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.87M	USD	Annual
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$-541.36K	USD	Annual
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$796.17K	USD	Annual
Accrued expenses and other	`IncreaseDecreaseInAccruedLiabilities`	$12.25M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.82M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.47M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-527.36K	USD	Annual
NET CASH (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-6.69M	USD	Annual
NET CASH (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-15.19M	USD	Annual
NET CASH (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-12.16M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$946.19K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$973.76K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.63M	USD	Annual
Investment in unconsolidated entity	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.20K	USD	Annual
Proceeds from disposal of long-lived asset	`ProceedsFromSaleOfProductiveAssets`	$485.00K	USD	Annual
NET CASH (USED) IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-488.76K	USD	Annual
NET CASH (USED) IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-946.19K	USD	Annual
NET CASH (USED) IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-1.63M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.24M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$860.48K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.63M	USD	Annual
Proceeds from issuance of loan payable	`ProceedsFromIssuanceOfLongTermDebt`	$1.87M	USD	Annual
Proceeds from issuance of loan payable	`ProceedsFromIssuanceOfLongTermDebt`	$19.99M	USD	Annual
Proceeds from issuance of loan payable	`ProceedsFromIssuanceOfLongTermDebt`	$10.00M	USD	Annual
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$5.05M	USD	Annual
Proceeds from warrants exercise	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from warrants exercise	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from warrants exercise	`ProceedsFromWarrantExercises`	-	USD	Annual
Broker commissions and fees on capital raises	`PaymentsOfStockIssuanceCosts`	$400.00K	USD	Annual
Broker commissions and fees on capital raises	`PaymentsOfStockIssuanceCosts`	$545.00K	USD	Annual
Broker commissions and fees on capital raises	`PaymentsOfStockIssuanceCosts`	$186.25K	USD	Annual
Deferred income from revenue participation rights	`DeferredIncomeFromRevenueParticipationRights`	$887.50K	USD	Annual
Deferred income from revenue participation rights	`DeferredIncomeFromRevenueParticipationRights`	$7.51M	USD	Annual
Dividends	`PaymentsOfDividends`	$515.56K	USD	Annual
Dividends	`PaymentsOfDividends`	$10.00K	USD	Annual
Redemption of Series G Preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$5.76M	USD	Annual
Repayment of mortgage and loans payable	`RepaymentOfMortgageAndLoansPayable`	$1.10M	USD	Annual
Repayment of mortgage and loans payable	`RepaymentOfMortgageAndLoansPayable`	$10.69M	USD	Annual
Repayment of mortgage and loans payable	`RepaymentOfMortgageAndLoansPayable`	$2.91M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$11.88M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$9.76M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$23.42M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.74M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.91M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.12M	USD	Annual
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$235.76K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$2.15M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$7.97M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$10.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$235.76K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$2.15M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$7.97M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$10.10M	USD	Point-in-time
Interest paid	`InterestPaid`	$736.91K	USD	Annual
Interest paid	`InterestPaid`	$1.37M	USD	Annual
Interest paid	`InterestPaid`	$410.35K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Accrued compensation paid by equity instruments	`PriorPeriodAccruedCompensationPaidByEquityInstruments`	$561.59K	USD	Annual
Accrued compensation paid by equity instruments	`PriorPeriodAccruedCompensationPaidByEquityInstruments`	$347.53K	USD	Annual
Accrued compensation paid by equity instruments	`PriorPeriodAccruedCompensationPaidByEquityInstruments`	$229.56K	USD	Annual
Equipment purchased with financing	`CapitalExpendituresIncurredButNotYetPaid`	$198.66K	USD	Annual
Equipment purchased with financing	`CapitalExpendituresIncurredButNotYetPaid`	$558.50K	USD	Annual
Equipment purchased with financing	`CapitalExpendituresIncurredButNotYetPaid`	$186.76K	USD	Annual
Debt and interest payments with common shares	`DebtConversionConvertedInstrumentAmount1`	$2.50M	USD	Annual
Debt and interest payments with common shares	`DebtConversionConvertedInstrumentAmount1`	$4.26M	USD	Annual
Series G Preferred Stock accretion	`SeriesGPreferredStockAccretion`	$1.99M	USD	Annual
Series G Preferred Stock conversion	`SeriesGPreferredStockConversion`	$250.00K	USD	Annual
Offset account receivable with subscription payable (See NOTE J)	`OffsetAccountReceivableWithSubscriptionPayable`	$2.00M	USD	Annual
Accounts receivable converted to stock in unconsolidated entity (See NOTE J)	`AccountsReceivableConvertedToStockInUnconsolidatedEntity`	-	USD	Annual
Accounts receivable converted to stock in unconsolidated entity (See NOTE J)	`AccountsReceivableConvertedToStockInUnconsolidatedEntity`	-	USD	Annual
Accounts receivable converted to stock in unconsolidated entity (See NOTE J)	`AccountsReceivableConvertedToStockInUnconsolidatedEntity`	-	USD	Annual
Acquired non-controlling interest of Dorado Ocean Resources, Ltd. with the assumption of a subscription payable of an equal amount (See NOTE J)	`AcquiredNoncontrollingInterestWithAssumptionOfSubscriptionPayableOfEqualAmount`	$2.00M	USD	Annual

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-7.55M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-9.77M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-20.76M	USD	Point-in-time
Stock issued for cash, Shares	`StockIssuedDuringPeriodSharesNewIssues`	5.52M	shares	1 Quarter
Net loss	`ProfitLoss`	$-5.48M	USD	1 Quarter
Net loss	`ProfitLoss`	$-16.23M	USD	Annual
Net loss	`ProfitLoss`	$-18.18M	USD	Annual
Net loss	`ProfitLoss`	$3.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-23.34M	USD	Annual
Net loss	`ProfitLoss`	$-3.98M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.59M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.17M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.14M	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.93M	USD	1 Quarter
Net loss	`ProfitLoss`	$-914.95K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$-7.55M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-9.77M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-20.76M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.