v3.26.1
Condensed Consolidated Statements of Operations - Unaudited - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUE    
Revenue $ 22,500 $ 135,000
OPERATING EXPENSES    
Marketing, general and administrative 5,752,753 1,788,340
Operations and research 680,342 572,309
Total operating expenses 6,433,095 2,360,649
LOSS FROM OPERATIONS (6,410,595) (2,225,649)
OTHER INCOME (EXPENSE)    
Interest income 3,356 61,490
Interest expense (172,269) (1,182,288)
Loss on equity method investment (422,487) (68,864)
Change in derivative liabilities fair value 7,488,205 3,222,938
Other (308,334) (223,281)
Total other income 6,588,471 1,809,995
INCOME (LOSS) BEFORE INCOME TAXES 177,876 (415,654)
Income tax (provision) benefit 0 0
NET INCOME (LOSS) 177,876 (415,654)
Net loss attributable to non-controlling interest 169,470 2,657,224
NET (LOSS) INCOME attributable to Odyssey Marine Exploration, Inc. $ 347,346 $ 2,241,570
NET INCOME (LOSS) PER SHARE    
Basic $ 0.01 $ 0.08
Diluted $ (0.04) $ 0.01
Weighted average number of common shares outstanding:    
Basic 55,788,778 29,102,633
Diluted 56,727,556 41,616,413
Marine Services [Member]    
REVENUE    
Revenue $ 22,500 $ 135,000