For the quarter ending 2026-03-31, OMEX has $13,377,214 in assets. $84,223,771 in debts. $2,103,664 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,103,664 | 3,515,881 | 5,816,220 | 3,551,429 |
| Accounts receivable, related party | 49,866 | 67,323 | 67,320 | 67,316 |
| Total non-current assets | - | 11,484,084 | 11,534,048 | 12,540,857 |
| Other current assets | 607,491 | 772,616 | 321,434 | 412,462 |
| Total current assets | 2,761,021 | 4,355,820 | 6,204,974 | 4,031,207 |
| Investment in unconsolidated entities | 7,968,761 | 8,818,748 | 8,864,428 | 9,837,828 |
| Option to purchase equity securities in related party | 334,974 | 334,974 | 334,974 | 352,180 |
| Bismarck exploration license | 1,821,251 | 1,821,251 | 1,821,251 | 1,821,251 |
| Property and equipment | - | 770,015 | - | - |
| Less accumulated depreciation | - | 295,199 | - | - |
| Property and equipment, net | 456,912 | 474,816 | 479,099 | 495,303 |
| Other non-current assets | 34,295 | 34,295 | 34,296 | 34,295 |
| Total assets | 13,377,214 | 15,839,904 | 17,739,022 | 16,572,064 |
| Accounts payable | 1,544,035 | 770,750 | 507,406 | 692,982 |
| Accrued expenses | 10,880,652 | 9,846,020 | 9,416,238 | 9,471,587 |
| Loans payable, current portion | 907,845 | 1,062,356 | 6,485,754 | 20,801,906 |
| Total current liabilities | 13,332,532 | 11,679,126 | 16,409,398 | 30,966,475 |
| Loans payable | 3,961,658 | 3,933,042 | 3,902,252 | 3,871,986 |
| Debt derivative liability | - | 0 | 1,474,000 | 3,604,000 |
| Warrant liabilities | 1,188,453 | 12,150,360 | 14,201,314 | 8,573,315 |
| Litigation financing | 65,406,154 | 63,287,048 | 64,716,855 | 59,470,022 |
| Deferred contract liability | 334,974 | 334,974 | 334,974 | 352,180 |
| Total long-term liabilities | - | 79,705,424 | - | - |
| Total liabilities | 84,223,771 | 91,384,550 | 101,038,793 | 106,837,978 |
| Common stock - 0.0001 par value 75,000,000 shares authorized 58,368,659 and 55,771,913 issued and outstanding | 5,837 | 5,577 | 5,039 | 3,249 |
| Additional paid-in capital | 290,389,881 | 285,869,928 | 260,708,273 | 240,235,734 |
| Accumulated deficit | -323,176,862 | -323,524,208 | -306,118,162 | -293,045,416 |
| Total stockholders' deficit before non-controlling interest | -32,781,144 | -37,648,703 | -45,404,850 | -52,806,433 |
| Non-controlling interest | -38,065,413 | -37,895,943 | -37,894,921 | -37,459,481 |
| Total stockholders' deficit | -70,846,557 | -75,544,646 | -83,299,771 | -90,265,914 |
| Total liabilities and stockholders' deficit | 13,377,214 | 15,839,904 | 17,739,022 | 16,572,064 |
ODYSSEY MARINE EXPLORATION INC (OMEX)
ODYSSEY MARINE EXPLORATION INC (OMEX)