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ODYSSEY MARINE EXPLORATION INC

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

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About 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.

FY2025 · Filed Mar 31, 2026

OMEX$10.75-0.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Table of Contents

Page
PART I
Item 1.Business1
Item 1A.Risk Factors8
Item 1B.Unresolved Staff Comments14
Item 1C.Cybersecurity14
Item 2.Properties16
Item 3.Legal Proceedings16
Item 4.Mine Safety Disclosures16
PART II
Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities17
Item 6.[Reserved]17
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations18
Item 7A.Quantitative and Qualitative Disclosures About Market Risk35
Item 8.Financial Statements and Supplementary Data35
Item 9.Changes in and Disagreements With Accountants on Accounting and Financial Disclosure35
Item 9A.Controls and Procedures35
Item 9B.Other Information37
Item 9C.Disclosure Regard Foreign Jurisdictions that Prevent Inspections37
PART III
Item 10.Directors, Executive Officers and Corporate Governance37
Item 11.Executive Compensation38
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters38
Item 13.Certain Relationships and Related Transactions, and Director Independence38
Item 14.Principal Accounting Fees and Services38
PART IV
Item 15.Exhibits and Financial Statement Schedules39
SIGNATURES89
EXHIBITS INDEX86

As used in this Annual Report on Form 10-K, “we,” “us,” “our company” and “Odyssey” mean Odyssey Marine Exploration, Inc. and our subsidiaries, unless the context indicates otherwise.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.