Ocean Biomedical, Inc. Financial Summary

Complete Filing Data

Ocean Biomedical, Inc. reported Stockholders Equity of -$96.26 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Ocean Biomedical, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Net Income Loss-$9.5M-$114.5M-$17.4M
Operating Income Loss-$3.8M-$10.2M-$16.1M
Nonoperating Income Expense-$5.7M-$104.3M-$1.2M
Operating Expenses$3.8M$10.2M$16.1M
General And Administrative Expense$3.8M$9.5M$7.7M
Research And Development Expense$26.0K$709.0K$8.4M
Interest Income Expense Net-$2.0M-$1.8M-$1.2M
Other Nonoperating Income Expense-$1.0K$5.0K
Noncash Interest Expense$762.0K$929.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021
Net Income Loss-$8.2M-$3.7M-$17.2M$13.0M-$14.1M-$11.4M-$72.1M-$3.7M-$7.3M-$5.4M-$42.5K-$82.00
Operating Income Loss-$958.0K-$768.0K-$682.0K-$595.0K-$2.7M-$2.8M-$5.4M-$3.2M-$6.9M-$5.1M-$42.7K-$82.00
Nonoperating Income Expense-$7.3M-$2.9M-$16.6M$13.6M-$11.4M-$8.6M-$66.7M-$495.0K-$433.0K-$265.0K
Operating Expenses$958.0K$768.0K$682.0K$595.0K$2.7M$2.8M$5.4M$3.2M$6.9M$5.1M$42.7K
General And Administrative Expense$940.0K$768.0K$682.0K$569.0K$2.4M$2.8M$5.0M$1.3M$3.7M$1.9M
Research And Development Expense$18.0K$26.0K$305.0K$28.0K$393.0K$1.9M$3.2M$3.2M
Interest Income Expense Net-$461.0K-$515.0K-$637.0K-$293.0K-$668.0K-$301.0K-$61.0K-$49.0K-$266.0K
Other Nonoperating Income Expense-$3.0K-$1.0K$1.0K
Noncash Interest Expense$301.0K$24.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Stockholders Equity-$96.3M-$10.8M-$6.7M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$34.0K$60.0K
Retained Earnings Accumulated Deficit-$204.0M-$196.1M-$81.6M-$564.1K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$780.0K$970.0K-$26.0K
Liabilities Current$31.8M$30.0M$12.7M$246.4K
Liabilities And Stockholders Equity$5.5M$1.8M$108.7M
Assets Current$2.1M$1.8M$1.5M
Assets$5.5M$1.8M$108.7M
Accounts Payable Current$16.2M$11.4M$34.4K
Liabilities$97.4M$96.3M$12.7M$3.4M
Accrued Liabilities Current$946.0K$445.0K$212.0K
Gains Losses On Extinguishment Of Debt-$15.1M
Deferred Underwriting Commissions$3.2M$3.2M
Deferred Offering Costs$1.8M
Restricted Cash Current$1.0M
Loans Payable Current$12.1M$776.0K
Repayments Of Short Term Debt$2.1M
Backstop Put Option Liability$58.5M
Temporary Equity Value Excluding Additional Paid In Capital$110.4M$107.1M
Gain Loss In Connection With Backstop Put Option Liability And Fixed Maturity Consideration
Derivative Liabilities Current$1.7M$764.0K
Cash And Marketable Securities Held In Trust Account$110.4M$107.1M
Loss In Connection With Backstop Put Option Liability And Fixed Maturity Consideration$2.0M$62.6M
Investments In Affiliates Subsidiaries Associates And Joint Ventures$3.4M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021
Stockholders Equity-$92.4M-$97.6M-$92.7M-$75.8M-$90.8M-$75.2M-$61.7M-$54.8M-$9.8M-$9.5M-$7.5M-$1.3M$24.9K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$777.0K$224.0K$240.0K$229.0K$519.0K$1.0M$1.0M$2.2M$306.0K$116.0K$395.0K$292.0K$1.2M
Retained Earnings Accumulated Deficit-$213.8M-$205.5M-$200.3M-$183.1M-$179.2M-$162.0M-$149.0M-$2.3M-$914.8K-$729.8K-$42.6K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$553.0K-$485.0K$272.0K$232.0K$1.2M
Liabilities Current$26.6M$33.9M$30.7M$30.1M$30.9M$26.7M$23.4M$2.1M$506.0K$102.2K$9.9K
Liabilities And Stockholders Equity$1.6M$902.0K$1.1M$1.9M$2.9M$1.0M$20.9M$25.0M$109.1M$108.6M$108.3M$108.9M
Assets Current$1.5M$812.0K$1.0M$1.3M$1.8M$1.0M$2.2M$306.0K$599.6K$745.2K$1.2M$1.8M
Assets$1.6M$902.0K$1.1M$1.9M$2.9M$1.0M$20.9M$25.0M$109.1M$108.6M$108.3M$108.9M
Accounts Payable Current$16.4M$15.9M$16.6M$17.2M$16.9M$16.0M$14.0M$15.4M$181.0K$145.0K$65.4K$4.9K
Liabilities$94.0M$98.5M$94.6M$78.7M$76.3M$29.3M$5.2M$3.7M$3.3M$3.2M
Accrued Liabilities Current$804.0K$764.0K$927.0K$860.1K$361.0K$36.7K$5.0K
Gains Losses On Extinguishment Of Debt-$224.0K-$903.0K-$14.0M
Deferred Underwriting Commissions$3.2M$3.2M$3.2M
Deferred Offering Costs
Restricted Cash Current$777.0K$224.0K$240.0K$225.0K$500.0K$1.0M$1.0M
Loans Payable Current$9.4M$16.3M$12.8M$11.0M$9.9M$12.1M
Repayments Of Short Term Debt$550.0K
Backstop Put Option Liability$61.4M$59.1M$57.0M$55.9M$42.9M$41.6M
Temporary Equity Value Excluding Additional Paid In Capital$108.5M$107.1M$107.1M$107.1M
Gain Loss In Connection With Backstop Put Option Liability And Fixed Maturity Consideration-$2.8M-$1.5M-$13.3M$15.3M-$11.4M-$2.7M-$31.3M
Derivative Liabilities Current$198.0K$1.1M$1.7M$2.5M
Cash And Marketable Securities Held In Trust Account$108.5M$107.2M$107.1M$107.1M
Loss In Connection With Backstop Put Option Liability And Fixed Maturity Consideration-$15.3M$11.4M$31.3M
Investments In Affiliates Subsidiaries Associates And Joint Ventures$90.0K$90.0K$90.0K$574.0K$1.1M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Net Cash Provided By Used In Operating Activities-$4.2M-$9.4M-$993.0K
Net Cash Provided By Used In Financing Activities$3.4M$10.4M$967.0K
Employee Benefits And Share Based Compensation$745.0K$1.2M$12.4M
Proceeds From Short Term Debt$8.3M$735.0K
Increase Decrease In Accounts Payable And Accrued Liabilities$869.0K$1.2M$2.8M
Increase Decrease In Accounts Payable Related Parties-$343.0K$467.0K
Proceeds From Issuance Of Common Stock$14.3M
Increase Decrease In Prepaid Expense-$517.0K$519.0K-$384.6K
Proceeds From Effect Of Business Combination Net Of Issuance Costs$52.1M
Payments Related To Tax Withholding For Share Based Compensation$12.7M
Increase Decrease In Other Changes In Operating Assets And Liabilities
Increase Decrease In Accrued Liabilities$1.1M
Increase Decrease In Accounts Payable$290.4K
Net Cash Provided By Used In Investing Activities-$2.1M
Share Based Compensation

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q1 2022Q3 2021Q2 2021
Net Cash Provided By Used In Operating Activities-$356.0K-$485.0K-$2.7M-$367.0K-$707.8K$40.2K
Net Cash Provided By Used In Financing Activities$909.0K$2.9M$599.0K$109.0M-$40.2K
Employee Benefits And Share Based Compensation$646.0K$4.5M
Proceeds From Short Term Debt$909.0K$1.4M$599.0K
Increase Decrease In Accounts Payable And Accrued Liabilities$854.0K$766.0K$1.6M-$996.0K
Increase Decrease In Accounts Payable Related Parties$32.0K-$30.0K$482.0K
Proceeds From Issuance Of Common Stock$14.3M
Increase Decrease In Prepaid Expense$127.0K$175.0K$670.9K
Proceeds From Effect Of Business Combination Net Of Issuance Costs$52.1M
Payments Related To Tax Withholding For Share Based Compensation$12.7M
Increase Decrease In Other Changes In Operating Assets And Liabilities$1.2M
Increase Decrease In Accrued Liabilities-$175.3K$5.0K$64.8K
Increase Decrease In Accounts Payable$31.0K$4.9K$494.00
Net Cash Provided By Used In Investing Activities-$107.1M
Share Based Compensation$186.0K$186.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Diluted EPS *-$0.34-$4.35-$0.74
Earnings Per Share Basic$-0.34$-4.35$-0.74
Weighted Average Number Of Shares Outstanding Basic27.5M26.3M23.4M
Common Stock Shares Issued34.6M23.4M
Common Stock Shares Outstanding34.6M23.4M
Common Stock Shares Authorized300.0M180.6M
Common Stock Par Or Stated Value Per Share$0.00$0.00
Weighted Average Number Of Diluted Shares Outstanding27.5M26.3M23.4M
Preferred Stock Shares Outstanding0.00
Preferred Stock Shares Issued0.00
Preferred Stock Shares Authorized1.3M
Preferred Stock Par Or Stated Value Per Share$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021
Diluted EPS *-$0.09-$0.13-$0.63$0.48-$0.53-$0.43-$2.90-$0.16-$0.31-$0.02
Earnings Per Share Basic$-0.09$-0.13$-0.63$0.48$-0.53$-0.43$-2.90$-0.16$-0.31$-0.23
Weighted Average Number Of Shares Outstanding Basic91.0M27.5M27.5M27.3M26.6M26.5M24.8M23.4M23.4M23.4M
Common Stock Shares Issued166.0M34.9M34.9M34.9M34.8M34.1M34.0M33.8M23.4M
Common Stock Shares Outstanding166.0M34.9M34.9M34.9M34.8M34.1M34.0M33.8M
Common Stock Shares Authorized300.0M300.0M300.0M300.0M300.0M300.0M300.0M300.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Diluted Shares Outstanding91.0M27.5M27.5M27.3M26.6M26.5M24.8M23.4M23.4M
Preferred Stock Shares Outstanding0.000.000.000.000.000.00
Preferred Stock Shares Issued0.000.000.000.000.000.00
Preferred Stock Shares Authorized10.0M0.001.3M1.3M1.3M1.3M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$745.0K$1.2M$12.4M
Additional Paid In Capital$105.3M$70.8M-$1.3M
Adjustments To Additional Paid In Capital Warrant Issued$2.3M$825.0K
Transaction Costs$356.0K$8.7M
Prepaid Expense Current$1.1M$89.7K$474.3K
Stock Issued During Period Value New Issues$1.8M$676.0K
Other Income
Derivative Gain Loss On Derivative Net-$1.5M$1.2M
Stock Issued During Period Value Issued For Services$87.0K$83.0K
Offering Costs Not Yet Paid$2.0M$1.8M
Stock Redeemed Or Called During Period Value$52.1M
Stock Issued During Period Value Related To Short Term Loans$1.6M
Stock Issued During Period Value Other$13.6M
Formation And Operating Costs$2.5M
Fixed Maturity Consideration$4.1M
Business Combination Acquisition Related Costs$7.6M
Short Term Loans Net Of Issuance Costs
Noncash Stock Issuances$667.0K
Interest Income Other$1.5M
Fair Value Of Noncash Stock Issuances$740.0K
Stock Issued During Period Value Adjustment To The Adjustedbalance-$6.7M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$186.0K$186.0K$187.0K$186.0K$186.0K$186.0K$646.0K$2.9M$4.9M$4.5K
Additional Paid In Capital$121.4M$107.9M$107.7M$107.5M$107.3M$104.0M$153.6M$150.5M-$2.3M-$1.3M-$1.3M-$1.3M
Adjustments To Additional Paid In Capital Warrant Issued$1.4M$884.0K$435.0K$389.0K$5.4M
Transaction Costs$73.0K-$149.0K$1.2M$7.6M
Prepaid Expense Current$715.0K$588.0K$802.0K$1.0M$1.3M$127.5K$168.5K$349.6K$670.9K
Stock Issued During Period Value New Issues$1.8M$494.0K$105.0M
Other Income-$1.0K-$1.0K$5.0K$1.0K
Derivative Gain Loss On Derivative Net$269.0K-$44.0K-$331.0K-$1.0M$570.0K-$1.2M
Stock Issued During Period Value Issued For Services$87.0K$83.0K$25.0K
Offering Costs Not Yet Paid$2.0M$2.0M
Stock Redeemed Or Called During Period Value$52.1M
Stock Issued During Period Value Related To Short Term Loans$334.0K$903.0K$358.0K
Stock Issued During Period Value Other$13.6M
Formation And Operating Costs$1.4M$325.2K$172.6K$42.7K$82.00
Fixed Maturity Consideration$6.0M$5.6M$5.2M$4.8M$4.4M$3.8M
Business Combination Acquisition Related Costs$7.6M
Short Term Loans Net Of Issuance Costs$11.9M$6.6M$776.0K
Noncash Stock Issuances$186.0K$358.0K
Interest Income Other$351.8K$140.3K$6.9K$173.00
Fair Value Of Noncash Stock Issuances$109.0K$577.0K
Stock Issued During Period Value Adjustment To The Adjustedbalance-$10.8M

Most recent annual filing with the SEC: April 8, 2025

Data sourced from SEC EDGAR public filings as of August 8, 2026.