For the quarter ending 2025-09-30, OMEX had $2,264,791 increase in cash & cash equivalents over the period. -$2,096,430 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -13,508,186 | -17,555,151 |
| Services provided to unconsolidated entities | 60,975 | 270,000 |
| Depreciation | 17,791 | 38,713 |
| Exchange in connection with mexican corporate transactions | - | 2,229,557 |
| Financing fees amortization | 48,627 | 74,893 |
| Amortization of finance liability | 164,953 | 321,382 |
| Amortization of deferred discount | 465,776 | 876,293 |
| Note payable interest accretion | 459,618 | 1,116,730 |
| Note interest paid-in-kind ('pik') | 568,920 | 1,092,686 |
| Right-of-use ('rou') asset amortization | 0 | 0 |
| Share-based compensation | 45,742 | 91,484 |
| Director and consultant compensation paid in stock | 81,715 | 165,064 |
| Loss on equity method investment | 1,192,040 | 318,108 |
| Equity exchange in connection with mexican corporate transactions | 2,229,557 | - |
| Change in fair value of derivative liabilities | -8,650,397 | -7,461,886 |
| Accounts receivable and other related party receivables | 318 | -218,448 |
| Changes in operating lease liability | 0 | 0 |
| Other assets | -91,027 | -271,164 |
| Accounts payable | -135,674 | -104,859 |
| Accrued expenses and other | -176,296 | -279,720 |
| Net cash (used in) provided by operating activities | -2,094,843 | -3,933,322 |
| Purchase of property and equipment | 1,587 | 0 |
| Cash paid for investment in unconsolidated entity | 157,508 | - |
| Net cash used in investing activities | -159,095 | 0 |
| Repurchase of stock-based awards withheld for payment of withholding tax requirements | 0 | 0 |
| Equity issuance costs | 0 | 97,135 |
| Payment of debt obligations | 157,527 | 307,611 |
| Proceeds from warrants exercised | 0 | 506,000 |
| Proceeds from issuance of common stock | 4,811,256 | 2,861,754 |
| Payment on sale leaseback financing | 135,000 | 270,000 |
| Net cash provided by (used in) financing activities | 4,518,729 | 2,693,008 |
| Net increase (decrease) in cash | 2,264,791 | -1,240,314 |
| Cash and cash equivalents at beginning of period | 4,791,743 | - |
| Cash and cash equivalents at end of period | 5,816,220 | - |
ODYSSEY MARINE EXPLORATION INC (OMEX)
ODYSSEY MARINE EXPLORATION INC (OMEX)