For the quarter ending 2026-03-31, BWMG had $541,735 increase in cash & cash equivalents over the period. $686,637 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Shares issued for royalty | - | 0 | - | - |
| Reserve (recovery) for bad debt | - | 0 | - | - |
| Cash acquired in acquisition | - | 0 | - | - |
| Reserve for slow moving inventory | - | 0 | - | - |
| Cash used in purchase of fixed assets, net of debt | - | 0 | - | - |
| Shares issued for exclusivity | - | 0 | - | - |
| Amortization of debt discount | - | 7,543 | -9,371 | 1,828 |
| Purchase of fixed assets | - | - | 0 | 0 |
| Cash used in asset acquisition | - | 14,178 | - | - |
| Purchase of fixed assets | 0 | - | - | - |
| Gain on settlement of debt | - | 0 | - | - |
| Shares issued for accrued interest on convertible notes | - | - | 32,500 | 14,000 |
| Net cash used in investing activities | 0 | -14,178 | 0 | 0 |
| Gain on forgiveness of ppp loan | - | 0 | - | - |
| Allowance for nomad recall | 0 | - | - | 0 |
| Net income | 493,030 | -382,723 | 210,315 | 67,259 |
| Depreciation and amortization | 17,181 | 42,910 | 36,390 | 60,931 |
| Amortization of right-of-use asset | 69,178 | 113,397 | 113,621 | 201,667 |
| Shares issued for services | 8,500 | 418,860 | - | - |
| Stock based compensation - options | - | 12,600 | - | - |
| Shares issued for accrued interest on convertible notes | 7,000 | 28,000 | - | - |
| Change in accounts receivable, net | 22,888 | -520 | -172,897 | 182,352 |
| Change in accounts receivable - related parties | 55,157 | -29,888 | -8,175 | 16,869 |
| Change in inventory | 713 | 89,214 | 24,881 | 163,557 |
| Change in prepaid expenses and other current assets | 47,599 | -153,551 | 97,461 | -90,322 |
| Change in other assets | -6,649 | - | 0 | 0 |
| Change in accounts payable and accrued liabilities | 311,638 | -53,583 | -115,446 | 78,609 |
| Change in customer deposits and unearned revenue | -30,881 | -126,827 | 20,977 | -148,750 |
| Change in long term lease liability | -67,750 | -112,617 | -95,841 | -186,723 |
| Change in other liabilities | -1,550 | -215,369 | -232,907 | 219,062 |
| Change in accounts payable - related parties | 0 | -12,945 | 7,028 | 441 |
| Proceeds from issuance of common stock | - | 0 | - | - |
| Net cash provided by operating activities | 686,637 | -232,510 | 25,997 | 35,868 |
| Proceeds from issuance of units | 0 | 0 | - | - |
| Proceeds from exercise of warrants | - | 0 | - | - |
| Proceeds on notes payable | - | 185,469 | - | - |
| Proceeds of long term debt repayment on notes payable | 0 | - | - | - |
| Repayment of convertible debt | - | 14,073 | - | - |
| Repayment of debt | 0 | - | - | - |
| Principal reduction on notes payable | - | 96,368 | - | - |
| Proceeds from notes payable | -144,901 | - | - | - |
| Net cash used in financing activities | -144,901 | 75,028 | - | - |
| Net increase (decrease) in cash | 541,735 | - | - | - |
| Net increase (decrease) in cash | 541,735 | -171,659 | 25,997 | 35,868 |
| Cash, beginning balance | 307,886 | 479,543 | 417,678 | - |
| Cash, end of period | 849,620 | 307,886 | 479,543 | - |
Brownie's Marine Group, Inc (BWMG)
Brownie's Marine Group, Inc (BWMG)