ODYSSEY MARINE EXPLORATION INC
For the period ended Dec 31, 2023. Filed May 17, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed May 17, 2024
OMEX$10.31-4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity/(Deficit)
| Preferred Stock – Shares | Common Stock – Shares | Preferred Stock | Common Stock | Additional Paid-in Capital | Accumulated Deficit | Non- controlling Interest | Total | |
|---|---|---|---|---|---|---|---|---|
| Year Ended December 31, 2021 (As Reported) | — | 14,309,315 | — | 1,431 | 249,055,600 | (275,090,857) | (36,454,812) | (62,488,638) |
| Cumulative effect of change of Restatement | — | — | — | — | (232,175) | (4,272,060) | — | (4,504,235) |
| Balance as of January 1, 2022 (As Restated) | — | 14,309,315 | — | 1,431 | 248,823,425 | (279,362,917) | (36,454,812) | (66,992,873) |
| Common stock issued for cash | — | 4,945,159 | — | 494 | 6,014,233 | — | — | 6,014,727 |
| Share-based compensation | — | — | — | — | 1,811,551 | — | — | 1,811,551 |
| Director compensation settled with equity | — | 89,333 | — | 9 | 402,991 | 403,000 | ||
| Cancellation of stock awards for payment of withholding tax requirements | — | 196,503 | — | 20 | (585,936) | (585,916) | ||
| Prior years accrued incentives settled with stock options | — | — | — | — | 497,000 | 497,000 | ||
| Net (loss) | — | — | — | — | — | (22,079,859) | (7,742,572) | (29,822,431) |
| Year Ended December 31, 2022 (As Restated) | — | 19,540,310 | — | 1,954 | 256,963,264 | (301,442,776) | (44,197,384) | (88,674,942) |
| Share-based compensation | — | — | — | — | 585,654 | — | — | 585,654 |
| Director compensation paid with share-based instruments | 77,976 | — | 8 | 303,485 | 303,493 | |||
| Cancellation of stock awards for payment of withholding tax requirements | 188,162 | — | 19 | (218,637) | (218,618) | |||
| Common stock issued for debt extinguishment | — | 304,879 | — | 30 | 999,970 | — | — | 1,000,000 |
| Fair value of warrants issued | — | — | — | — | 3,926,962 | — | — | 3,926,962 |
| Common stock issued for warrants exercised | — | 90,552 | — | 9 | 303,340 | — | — | 303,349 |
| Common stock issued for convertible debt conversion | 155,000 | — | 16 | 524,094 | — | — | 524,110 | |
| Common stock issued for options exercised | 64,017 | — | 6 | 228,054 | — | — | 228,060 | |
| Net income (loss) | — | — | — | — | — | 5,345,819 | (9,230,421) | (3,884,602) |
| Year Ended December 31, 2023 | — | 20,420,896 | — | 2,042 | 263,616,186 | (296,096,957) | (53,427,805) | (85,906,534) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.