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Income Overview
Net Income
-$397,460
Unit: Dollar
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Page 1
Quarterly
123
Page 1
Income Statement
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Consulting and contractor expenses
251,368
325,420
314,913*
270,346
Vessel maintenance and dockage
18,545
8,335
-2,497*
39,119
Research and development
84,710
82,852
97,416*
183,698
Professional fees
17,726
55,769
113,129*
27,354
General and administrative expense
92,502
101,355
91,009*
75,753
Depreciation and amortization expense
16,327
16,327
19,811*
19,811
Rent expense
9,278
8,253
12,755*
5,311
Travel and entertainment expense
30,340
26,841
34,022*
22,116
Total operating expenses
520,796
625,152
680,558
643,508
Net loss from operations
-520,796
-625,152
-680,558*
-643,508
Interest expense
-36,593
-40,029
-54,786.5*
-36,625
Gain on settlement of lease liability
52,450
5,256
-
-
Other income
2,479
-
-
-
Loss on extinguishment of debt
-
-234,245
-20,721*
-
Gain on extinguishment of debt
105,000
-
-
-
Total other income (expenses)
123,336
-269,018
-75,507.5*
-36,625
Loss before income tax
-397,460
-894,170
-756,065.5
-
Net loss
-397,460
-894,170
-756,065.5
-680,133
Basic EPS
0
0
-
-
Diluted EPS
0
0
-
-
Diluted Average Shares
10,901,697,907
10,447,970,020
-
-
Page 1
Unit: Dollar. Numbers labeled with * are estimated quarterly values.
Page 1
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Time Plot
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Income Statement
Net loss
-$397,460
(38.30%↑ Y/Y)
Gain on
extinguishment of debt
$105,000
Gain on settlement of
lease liability
$52,450
Other income
$2,479
Loss before income
tax
-$397,460
(38.30%↑ Y/Y)
Total other income
(expenses)
$123,336
(408.71%↑ Y/Y)
Interest expense
-$36,593
(-7.17%↓ Y/Y)
Net loss from
operations
-$520,796
(13.80%↑ Y/Y)
Total operating
expenses
$520,796
(-13.80%↓ Y/Y)
Consulting and contractor
expenses
$251,368
(-15.14%↓ Y/Y)
General and
administrative expense
$92,502
(-2.58%↓ Y/Y)
Research and development
$84,710
(-37.03%↓ Y/Y)
Travel and
entertainment expense
$30,340
(122.70%↑ Y/Y)
Vessel maintenance and
dockage
$18,545
(92.40%↑ Y/Y)
Professional fees
$17,726
(-33.02%↓ Y/Y)
Depreciation and
amortization expense
$16,327
(-17.59%↓ Y/Y)
Rent expense
$9,278
(3.33%↑ Y/Y)
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SEAFARER EXPLORATION CORP (SFRX)
SEAFARER EXPLORATION CORP (SFRX)