BWMG · XBRL financial data

Brownie's Marine Group financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BWMG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	4,556	6,227	8,577	7,581	8,178	7,517
Revenue from contracts with customers	3,718	5,111	7,596	7,581	8,170	7,517
Cost of revenue	3,092	4,338	5,783	5,473	4,865	4,705
Cost of goods and services sold	2,538	3,570	5,056	—	—	—
Gross profit	1,464	1,890	2,794	2,108	3,304	2,811
Research and development	115	75	18	14	10	4
Selling, general and administrative	2,682	3,667	4,626	3,263	3,441	2,955
Total operating expenses	2,797	3,742	4,645	3,277	3,451	2,959
Other operating income (expense)	—	22	50	49	49	0
Operating income (loss)	(1,333)	(1,853)	(1,850)	(1,169)	(147)	(147)
Interest expense	19	22	42	79	87	67
Other income (expense)	—	—	—	—	(7)	126
Income tax expense (benefit)	—	—	—	—	—	17
Net income (loss)	(1,352)	(1,588)	(1,893)	(1,248)	(241)	(105)
Earnings per share, basic USD per share	0.00	0.00	0.00	0.00	0.00	0.00
Earnings per share, diluted USD per share	0.00	0.00	0.00	0.00	0.00	0.00
Weighted average shares, basic thousands of shares	288,295	349,598	410,510	436,200	438,938	474,856
Weighted average shares, diluted thousands of shares	288,295	349,598	410,510	436,200	438,938	474,856

Fiscal years (BWMG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	345	643	484	431	418	308
Accounts receivable	81	123	112	—	—	—
Inventory	864	1,895	2,422	1,999	2,062	2,340
Prepaid and other current assets	111	227	192	190	329	182
Total current assets	1,469	2,966	3,266	2,737	3,031	3,040
Property and equipment, net	143	270	340	343	303	238
Right-of-use asset	447	454	1,133	844	1,629	1,201
Goodwill	—	250	250	250	250	250
Total assets	2,073	4,674	5,665	4,778	5,767	5,221
Accounts payable	—	—	38	—	—	—
Accrued liabilities	2	66	64	267	248	148
Current portion of long-term debt	—	—	—	—	70	15
Total current liabilities	1,029	1,396	1,792	2,503	2,861	2,461
Total deposits	—	—	—	—	411	156
Long-term debt	—	—	—	—	47	31
Lease liability, non-current	339	223	864	616	1,279	795
Total liabilities	1,489	2,046	3,143	3,183	4,187	3,287
Accumulated deficit	(12,956)	(14,545)	(16,437)	(17,686)	(17,927)	(18,031)
Total stockholders' equity	584	2,628	2,522	1,595	1,580	1,934
Total liabilities and equity	2,073	4,674	5,665	4,778	5,767	5,221
Common shares outstanding (cover page) thousands of shares	337,107	404,657	436,949	439,546	449,567	503,267

Fiscal years (BWMG's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(1,352)	(1,588)	(1,893)	(1,248)	(241)	(105)
Stock-based compensation	242	1,155	962	81	151	208
Depreciation and amortization	21	56	149	163	112	140
Net cash from operating activities	(556)	(769)	(678)	(375)	(293)	(171)
Purchases of property and equipment	6	24	11	30	0	—
Net cash from investing activities	(6)	518	(62)	(30)	(0)	(14)
Proceeds from issuing common stock	545	275	—	—	—	—
Net cash from financing activities	836	550	582	351	280	75
Net change in cash	275	298	(159)	(53)	(13)	(110)

SIC 3949 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3949 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Brownie's Marine Group	790	2,642	178*	561.6M	—	Q3 FY26 10-QSep 30, 2026
Newton Golf Company	442	1,316	(1,720)*	5.4M	0.3 quarters	Q2 FY26 10-QJun 30, 2026
TruGolf Holdings	6,374	5,792	(1,278)*	not reported	5.0 quarters	Q2 FY26 10-QJun 30, 2026
Solo Brands	35,446	88,460	36,074*	2.6M	—	Q2 FY26 10-QJun 30, 2026
Nocopi Technologies	10,687	961	324*	11.7M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.