Ocean Biomedical, Inc. Financial Summary

Quick Answer

Ocean Biomedical, Inc. reported Net Income of -$9.48 million for fiscal year 2024.

Ocean Biomedical, Inc. — Key Financials by Year

Metric 2024 2023 2022 2021
Net Income -$9.48M
+91.7%
-$114.47M
-559.4%
-$17.36M
Diluted EPS -$0.34
+92.2%
-$4.35
-487.8%
-$0.74
Total Assets $902.0K
-83.6%
$5.50M
+198.6%
$1.84M
-98.3%
$108.65M
Stockholders Equity -$96.26M
-6.1%
-$90.76M
-738.9%
-$10.82M
-62.4%
-$6.66M
R&D Expense $26.0K
-96.3%
$709.0K
-91.6%
$8.41M
Operating Income -$3.80M
+62.8%
-$10.21M
+36.6%
-$16.12M
Shares Outstanding 34.87M
+0.6%
34.65M
+48.4%
23.36M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Net Income March 31, 2025 -$8.24M -163.4% -49.1%
Diluted EPS March 31, 2025 -$0.09 -118.8% +55.0%
Total Assets March 31, 2025 $1.58M -46.3% +75.4%
Stockholders Equity March 31, 2025 -$92.40M -21.9% +5.3%
R&D Expense March 31, 2025 $18.0K -30.8% -30.8%
Operating Income March 31, 2025 -$958.0K -61.0% -24.7%
Shares Outstanding March 31, 2025 166.01M +376.8% +376.1%
  • Ocean Biomedical, Inc. reported Net Income of -$9.48 million for fiscal year 2024.
  • Ocean Biomedical, Inc. showed an increase of +91.7% in Net Income compared to the prior fiscal year.
  • Ocean Biomedical, Inc. reported Diluted EPS of $0.34 per share (loss) for fiscal year 2024.
  • Ocean Biomedical, Inc. showed an increase of +92.2% in Diluted EPS compared to the prior fiscal year.
  • Ocean Biomedical, Inc. reported Total Assets of $902.0 thousand for fiscal year 2024.
  • Ocean Biomedical, Inc. showed a decrease of -83.6% in Total Assets compared to the prior fiscal year.
  • Ocean Biomedical, Inc. reported Stockholders Equity of -$97.62 million for fiscal year 2024.
  • Ocean Biomedical, Inc. showed a decrease of -1.4% in Stockholders Equity compared to the prior fiscal year.
  • Ocean Biomedical, Inc. reported R&D Expense of $26.0 thousand for fiscal year 2024.
  • Ocean Biomedical, Inc. showed a decrease of -96.3% in R&D Expense compared to the prior fiscal year.
  • Ocean Biomedical, Inc. reported Operating Income of -$3.80 million for fiscal year 2024.
  • Ocean Biomedical, Inc. showed an increase of +62.8% in Operating Income compared to the prior fiscal year.
  • Ocean Biomedical, Inc. reported Shares Outstanding of 34.87 million shares for fiscal year 2024.
  • Ocean Biomedical, Inc. showed an increase of +0.6% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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