For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Consulting and contractor expenses | 325,420 | 320,415* | 270,346 | 296,204 |
| Vessel maintenance and dockage | 8,335 | -2,497* | 39,119 | 9,639 |
| Research and development | 82,852 | 97,416* | 183,698 | 134,528 |
| Rent expense | - | 7,253* | 5,311 | 8,979 |
| Professional fees | 55,769 | 113,129* | 27,354 | 26,464 |
| General and administrative expense | 101,355 | 91,009* | 75,753 | 94,955 |
| Depreciation and amortization expense | 16,327 | 19,811* | 19,811 | 19,811 |
| Total services income | - | - | - | 0 |
| Rent expense | 8,253 | - | - | - |
| Travel and entertainment expense | 26,841 | 34,022* | 22,116 | 13,624 |
| Total operating expenses | 625,152 | 680,558 | 643,508 | 604,204 |
| Net loss from operations | -625,152 | -680,558* | -643,508 | -604,204 |
| Interest expense | -40,029 | -54,786.5* | -36,625 | -34,144 |
| Gain on settlement of lease liability | 5,256 | - | - | - |
| Loss on extinguishment of debt | -234,245 | -20,721* | - | -5,808 |
| Total other expenses, net | -269,018 | -75,507.5* | -36,625 | -39,952 |
| Loss before income tax | -894,170 | -756,065.5 | - | -644,156 |
| Provision for income tax | - | - | - | 0 |
| Net loss | -894,170 | -756,065.5 | -680,133 | -644,156 |
| Basic EPS | 0 | - | - | - |
| Diluted EPS | 0 | - | - | - |
| Diluted Average Shares | 10,447,970,020 | - | - | - |
SEAFARER EXPLORATION CORP (SFRX)
SEAFARER EXPLORATION CORP (SFRX)