OMEX · XBRL financial data
Odyssey Marine Exploration financial statements, every fiscal year
The same tables from 6 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
CSVFiscal years (OMEX's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | 184 | 9 | — | — |
| Selling, general and administrative | 3,750 | 6,322 | 8,487 | 6,843 | 9,669 | 10,977 |
| Operating income (loss) | (12,635) | (14,951) | (17,044) | (10,338) | (12,005) | (13,431) |
| Interest income | 5 | 4 | 96 | 413 | 169 | 119 |
| Interest expense | 6,916 | 10,829 | 14,086 | 5,040 | 6,518 | 4,936 |
| Other income (expense) | (36) | 4,061 | (165) | (1,515) | 1,143 | (1,181) |
| Income tax expense (benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income (loss) | (14,812) | (9,956) | (23,141) | 5,346 | 15,658 | (43,085) |
| Earnings per share, basic‡ USD per share | (35.25) | (18.75) | (33.50) | 6.75 | 18.75 | (27.50) |
| Earnings per share, diluted‡ USD per share | (35.25) | (18.75) | (33.50) | 6.75 | 1.75 | (27.50) |
| Weighted average shares, basic‡ thousands of shares | 422 | 532 | 692 | 798 | 839 | 1,570 |
| Weighted average shares, diluted‡ thousands of shares | 422 | 532 | 692 | 805 | 1,135 | 1,570 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-25 stock split (October 2026); filings made before it reported them unadjusted.
- † Share count changed about 2x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (OMEX's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 6,163 | 2,275 | 1,443 | 4,022 | 4,792 | 3,516 |
| Accounts receivable | 160 | 269 | 8 | 110 | 286 | 67 |
| Prepaid and other current assets | — | — | 73 | 120 | 83 | 105 |
| Total current assets | 6,911 | 3,320 | 3,975 | 4,875 | 5,761 | 4,356 |
| Property and equipment, net | 615 | 479 | 3,046 | 525 | 534 | 475 |
| Right-of-use asset | 448 | 339 | — | — | — | — |
| Total assets | 11,759 | 8,909 | 13,282 | 22,752 | 18,492 | 15,840 |
| Accounts payable | 4,150 | 1,817 | 2,286 | 345 | 748 | 771 |
| Accrued liabilities | 18,972 | 27,844 | 40,481 | 8,493 | 8,635 | 9,846 |
| Total current liabilities | 53,884 | 52,609 | 64,686 | 31,466 | 22,467 | 11,679 |
| Lease liability, non-current | 479 | 316 | 129 | 0 | — | — |
| Total liabilities | 69,671 | 71,398 | 89,827 | 108,659 | 97,575 | 91,385 |
| Accumulated deficit | (265,134) | (275,091) | (298,232) | (296,097) | (280,439) | (323,524) |
| Total stockholders' equity | (27,628) | (26,034) | (32,347) | (32,479) | (16,245) | (37,649) |
| Total liabilities and equity | 11,759 | 8,909 | 13,282 | 22,752 | 18,492 | 15,840 |
| Common shares outstanding (cover page)‡ thousands of shares | 504 | 574 | 784 | 817 | 1,166 | 2,329 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-25 stock split (October 2026); filings made before it reported them unadjusted.
- † Share count changed about 2x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (OMEX's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (14,812) | (9,956) | (23,141) | 5,346 | 15,658 | (43,085) |
| Stock-based compensation | 193 | 1,230 | 1,812 | 586 | 2,012 | 222 |
| Net cash from operating activities | (9,287) | (5,303) | (9,254) | (10,170) | 642 | (8,849) |
| Purchases of property and equipment | 0 | 19 | 1,346 | 1,347 | 84 | 16 |
| Net cash from investing activities | 0 | 323 | (2,346) | (1,029) | (84) | (174) |
| Proceeds from issuing common stock | 11,315 | 0 | 16,512 | 239 | 3,897 | 7,673 |
| Proceeds from long-term debt | 3,621 | 1,376 | 2,200 | 21,415 | 0 | — |
| Net cash from financing activities | 15,237 | 1,092 | 10,769 | 13,778 | 212 | 7,747 |
| Net change in cash | 5,950 | (3,888) | (831) | 2,578 | 770 | (1,276) |
- † Share count changed about 2x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 4400 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 4400 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.
- Fewer than three companies fall in that range, so the list adds same-SIC (4400) companies nearest in public float, each marked “added: same SIC”.
- 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 |
|---|---|---|---|---|---|---|
| Odyssey Marine Exploration | 1,143 | 109 | (5,995)* | 2.3M | 0.2 quarters | 10-QSep 30, 2026 |
| International Seawaysadded: same SIC | 159,397 | 467,287 | 267,679* | 49.5M | — | 10-QJun 30, 2026 |
| Tidewateradded: same SIC | 613,544 | 342,287 | 67,043* | 49.8M | — | 10-QJun 30, 2026 |
| Matsonadded: same SIC | 119,300 | 969,400 | 137,600* | 29.9M | — | 10-QJun 30, 2026 |
| Kirbyadded: same SIC | 38,955 | 922,399 | 72,266* | 52.8M | — | 10-QJun 30, 2026 |
| Norwegian Cruise Line Holdingsadded: same SIC | 256,508 | 2,946,763 | 292,322* | 459.3M | — | 10-QSep 30, 2026 |
| Carnivaladded: same SIC | 1,220,000 | 8,435,000 | 1,410,000* | 1.3B | — | 10-QAug 31, 2026 |
| Royal Caribbean Cruisesadded: same SIC | 851,000 | 5,591,000 | 1,580,000* | 267.5M | — | 10-QSep 30, 2026 |
| Carnivaladded: same SIC | 1,424,000 | 6,165,000 | 1,263,000 | 1.2B | — | 10-QFeb 28, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.