For the year ending 2025-12-31, OMEX had -$1,275,862 decrease in cash & cash equivalents over the period. -$8,865,433 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss)/income | -48,470,404 |
| Services provided to unconsolidated entities | 353,719 |
| Depreciation | 75,299 |
| Financing fees amortization | 171,854 |
| Amortization of finance liability | 652,439 |
| Amortization of deferred discount | 1,906,850 |
| Note payable interest accretion | 1,541,626 |
| Note interest paid-in-kind ('pik') | 1,823,058 |
| Right-of-use ('rou') asset amortization | 0 |
| Share-based compensation | 222,100 |
| Director compensation paid in stock | 191,549 |
| Consulting compensation paid in stock | 239,744 |
| Equity exchange in connection with mexican corporate transactions | 2,229,557 |
| Loss on equity method investment | 1,578,573 |
| (gain) loss on debt extinguishment | 587,019 |
| Gain on disposal of equipment | 164,000 |
| Loss on termination agreement | 0 |
| Change in derivatives liability fair value | -28,213,642 |
| Accounts receivable and other related party receivables | -218,127 |
| Changes in operating lease liability | 0 |
| Other assets | 88,990 |
| Accounts payable | 26,927 |
| Accrued expenses and other | 1,723,452 |
| Net cash (used in) provided by operating activities | -8,849,335 |
| Purchase of property and equipment | 16,098 |
| Cash paid for investment in unconsolidated entity | 157,508 |
| Net cash used in investing activities | -173,606 |
| Proceeds from issuance of common stock | 7,673,011 |
| Proceeds from warrants exercised | 1,465,524 |
| Proceeds from employees stock options | 62,115 |
| Costs paid for stock issuances | 97,135 |
| Repurchase of stock-based awards withheld for payment of withholding tax requirements | 0 |
| Offering costs paid on financing | 0 |
| Payment of debt obligations | 816,436 |
| Payment on financing obligations | 540,000 |
| Net cash provided by financing activities | 7,747,079 |
| Net (decrease) increase in cash | -1,275,862 |
| Cash at beginning of period | 4,791,743 |
| Cash at end of period | 3,515,881 |
ODYSSEY MARINE EXPLORATION INC (OMEX)
ODYSSEY MARINE EXPLORATION INC (OMEX)