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Net loss-$2,742,499 (29.62%↑ Y/Y)Loss before incometax-$2,742,499 Net loss fromoperations-$2,552,126 (23.59%↑ Y/Y)Total other expenses,net-$190,373 (65.79%↑ Y/Y)Total operatingexpenses$2,552,126 (-23.97%↓ Y/Y)Interest expense-$152,228 (58.69%↑ Y/Y)Loss onextinguishment of debt-$38,145 (80.58%↑ Y/Y)Consulting and contractorexpenses$1,170,240 (-33.22%↓ Y/Y)Research and development$574,755 (17.26%↑ Y/Y)General andadministrative expense$347,071 (-24.58%↓ Y/Y)Professional fees$193,856 (0.73%↑ Y/Y)Travel andentertainment expense$87,632 (-43.85%↓ Y/Y)Depreciation andamortization expense$79,244 (38.20%↑ Y/Y)Vessel maintenance anddockage$70,640 (-65.74%↓ Y/Y)Rent expense$28,688 (-31.37%↓ Y/Y)
Income Statement
source: myfinsight.com

SEAFARER EXPLORATION CORP (SFRX)

SEAFARER EXPLORATION CORP (SFRX)