SEAFARER EXPLORATION CORP Financial Summary

Complete Filing Data

SEAFARER EXPLORATION CORP reported Lease And Rental Expense of $1.6 thousand 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 SEAFARER EXPLORATION CORP 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 YearFY2023FY2022FY2021FY2020FY2019FY2018
Net Income *-$3.2M-$2.6M-$2.6M-$2.7M-$2.3M-$1.3M
Revenue *$19.2K$13.0K$23.8K$10.6K$14.0K
Operating Expenses$3.1M$2.4M$2.4M$2.7M$2.1M$1.0M
General And Administrative Expense$359.0K$406.6K$376.7K$244.3K$155.0K$60.2K
Other Nonoperating Income Expense-$129.2K-$191.2K-$279.8K$38.4K-$258.3K-$227.4K
Interest Income Expense Net-$104.8K-$62.3K-$177.5K-$286.7K-$214.6K-$228.9K
Operating Income Loss-$3.1M-$2.4M-$2.3M-$2.7M-$2.1M-$1.0M
Research And Development Expense$325.2K$172.9K$439.8K$463.5K$444.0K
Interest Expense
Income Loss From Continuing Operations

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q2 2023Q1 2023Q2 2022Q1 2022Q1 2021Q3 2020Q2 2020Q1 2020Q3 2019Q2 2019Q1 2019Q3 2011Q3 2010
Net Income *-$680.1K-$644.2K-$731.4K-$769.1K-$980.6K-$1.3M-$614.1K-$991.4K-$651.5K-$748.4K-$589.6K-$689.6K-$615.3K-$742.6K-$701.8K-$581.3K-$360.4K-$686.7K-$215.1K
Revenue *$6.6K$3.2K$8.7K$2.2K$4.2K$9.1K$3.5K$0.00$0.00$0.00
Operating Expenses$643.5K$740.1K$1.1M$575.9K$974.4K$636.9K$506.8K$648.8K$560.7K$626.3K$651.2K$532.0K$325.9K$405.2K$166.6K
General And Administrative Expense$75.8K$100.7K$115.4K$24.8K$153.4K$69.5K$119.9K$54.8K$67.6K$18.2K$197.1K$27.8K$19.5K$12.1K
Other Nonoperating Income Expense-$36.6K-$35.6K-$213.9K-$38.9K-$17.0K-$17.7K-$91.4K-$43.1K-$54.6K-$120.6K-$59.7K-$52.7K-$34.5K
Interest Income Expense Net-$36.6K-$36.2K-$59.5K-$17.3K-$17.0K-$17.7K-$54.1K-$51.3K-$56.1K-$87.7K-$55.9K-$54.2K-$36.0K
Operating Income Loss-$643.5K-$733.4K-$1.1M-$575.3K-$974.4K-$633.8K-$498.1K-$646.6K-$560.7K-$622.1K-$642.1K-$528.5K-$325.9K
Research And Development Expense$183.7K$110.3K$131.9K$73.8K$32.1K$79.8K$71.3K$95.5K$122.9K$71.4K$210.1K
Interest Expense$4.0K$49.0K
Income Loss From Continuing Operations-$405.2K-$166.6K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Lease And Rental Expense$1.6K$38.3K$46.1K$41.2K$42.0K$40.9K$34.2K
Stockholders Equity-$1.5M-$947.0K-$1.5M-$1.1M
Cash
Liabilities Current$1.8M$1.8M$1.3M$1.6M
Debt Default Shortterm Debt Amount$118.0K$128.0K$175.0K$152.5K
Common Stock Value$717.3K$617.6K$474.9K$350.6K
Assets Current$178.2K$85.6K$778.8K$2.8K
Assets$343.4K$289.0K$1.1M$80.8K
Liabilities And Stockholders Equity$343.4K$289.0K$1.1M$80.8K
Accounts Payable And Accrued Liabilities Current$624.6K$517.0K$287.1K$481.0K
Property Plant And Equipment Net$154.8K$176.5K$199.7K
Gains Losses On Extinguishment Of Debt-$24.4K-$44.0K-$121.8K-$34.4K-$49.7K
Retained Earnings Accumulated Deficit-$25.2M-$22.6M-$17.3M-$15.0M
Cash Period Increase Decrease-$431.7K$618.5K-$62.6K
Convertible Notes Payable In Default$235.3K$235.3K$328.3K$457.3K
Convertible Notes Payable In Default Related Parties$644.5K$638.5K$399.7K$341.0K
Notes Payable In Default Related Parties$18.5K$18.5K$18.5K$18.5K
Notes Payable Related Parties Current And Noncurrent$40.0K$2.1K$19.8K$21.6K
Convertible Notes Payable Current$33.1K$1.6K
Cash And Cash Equivalents At Carrying Value
Discounts On Convertible Notes Payable Related Parties$95.2K$0.00$3.9K$57.4K$7.6K
Liabilities$1.8M$1.8M$1.3M$1.6M
Operating Lease Right Of Use Asset$10.5K$27.0K$8.0K
Operating Lease Liability Current$10.8K$16.9K$8.1K
Common Stock To Be Issued$7.2K$3.8K$23.2M
Deposits Assets$750.00$750.00$750.00
Debt Instrument Convertible Beneficial Conversion Feature$6.0K$202.1K$168.2K$107.6K
Convertible Debt And Accrued Interest Converted To Common Stock$40.8K$73.1K$283.2K$84.1K$296.4K$19.5K
Stock Issued To Convert Accrued Interest On Convertible Notes Payable Value$73.1K$283.2K$84.1K$309.7K
Principal Payments On Convertible Notes Payable$6.0K$50.0K-$45.0K-$56.5K-$53.5K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020Q4 2019Q3 2019Q2 2019Q1 2019Q3 2011Q4 2010Q3 2010Q4 2009Q1 2007
Lease And Rental Expense$5.3K$6.2K$9.4K$1.6K$10.4K$13.8K$1.6K$15.3K$1.5K$9.1K$10.9K$9.5K$11.8K$9.1K$6.7K$12.8K
Stockholders Equity-$3.3M-$3.0M-$2.9M-$2.8M-$2.3M-$2.2M-$1.9M-$1.6M-$1.6M-$1.5M-$1.5M-$1.5M-$1.4M-$1.3M-$996.8K-$888.4K-$947.0K-$206.5K-$988.3K-$1.2M-$1.3M-$105.5K-$142.2K
Cash$2.0K$3.1K$1.0K$0.00
Liabilities Current$3.5M$3.0M$2.7M$2.4M$1.8M$1.6M$1.5M$1.4M$1.3M$1.3M$356.3K$383.5K
Debt Default Shortterm Debt Amount$1.1M$112.0K$112.0K$112.0K$113.0K$130.0K$130.0K$135.0K$145.0K$160.0K$65.0K$20.0K
Common Stock Value$975.2K$894.5K$849.4K$831.4K$765.3K$538.8K$530.3K$502.5K$490.6K$481.3K$57.6K$44.9K
Assets Current$30.4K$26.7K$495.9K$622.1K$57.4K$172.2K$310.7K$94.0K$140.7K$322.6K$51.9K$18.1K
Assets$271.8K$288.4K$758.1K$901.3K$333.4K$402.5K$550.0K$402.9K$408.3K$599.5K$250.7K$241.3K
Liabilities And Stockholders Equity$271.8K$288.4K$758.1K$901.3K$333.4K$402.5K$550.0K$402.9K$408.3K$599.5K$250.7K$241.3K
Accounts Payable And Accrued Liabilities Current$953.3K$636.1K$565.6K$565.0K$577.5K$342.5K$350.8K$321.0K$295.5K$300.1K$153.0K$94.8K
Property Plant And Equipment Net$190.6K$250.0K$236.4K$248.9K$274.4K$191.9K$197.3K$184.7K$189.7K$194.7K$197.7K$222.1K
Gains Losses On Extinguishment Of Debt-$7.9K-$154.4K-$21.6K-$37.3K-$34.4K-$5.3K-$277.5K$0.00
Retained Earnings Accumulated Deficit-$34.3M-$32.2M-$29.7M-$28.3M-$26.8M-$20.5M-$19.9M-$19.3M-$18.6M-$18.0M
Cash Period Increase Decrease-$105.7K-$429.9K$39.2K
Convertible Notes Payable In Default$400.3K$235.3K$235.3K$355.3K$235.3K$353.3K$308.3K$308.3K$308.3K$308.3K
Convertible Notes Payable In Default Related Parties$704.5K$689.5K$689.5K$789.5K$684.5K$638.5K$527.9K$527.9K$527.9K$399.7K
Notes Payable In Default Related Parties$18.5K$18.5K$18.5K$18.5K$18.5K$18.5K$18.5K$18.5K$18.5K$18.5K
Notes Payable Related Parties Current And Noncurrent$86.2K$30.9K$83.3K
Convertible Notes Payable Current$75.0K$139.5K$104.9K$31.6K$11.0K
Cash And Cash Equivalents At Carrying Value$2.0K$3.1K
Discounts On Convertible Notes Payable Related Parties$0.00$24.4K$79.7K$0.00$44.9K
Liabilities$3.6M$3.1M$2.8M$2.5M$1.9M$1.7M$1.5M$1.4M$1.3M$1.3M
Operating Lease Right Of Use Asset$50.8K$11.7K$25.8K$30.3K$1.5K$38.4K$42.0K$45.5K$4.2K
Operating Lease Liability Current$15.6K$12.0K$19.2K$18.5K$1.6K$15.2K$14.7K$14.2K$4.2K
Common Stock To Be Issued$3.8K$3.3K$4.0K$3.1K$10.8K$1.5M$7.9M$1.5M$11.6M
Deposits Assets$750.00$750.00$750.00$750.00$750.00$750.00$750.00
Debt Instrument Convertible Beneficial Conversion Feature$151.1K$51.0K$67.4K$25.1K$10.5K
Convertible Debt And Accrued Interest Converted To Common Stock$20.3K$84.1K$1.0K
Stock Issued To Convert Accrued Interest On Convertible Notes Payable Value$45.9K$275.0K$57.6K$84.1K$204.7K
Principal Payments On Convertible Notes Payable$5.0K$15.0K-$46.5K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019FY2018
Proceeds From Issuance Of Common Stock$2.0M$2.1M$1.5M$1.3M$2.2M$289.1K
Net Cash Provided By Used In Financing Activities$2.7M$2.1M$1.6M$1.5M$2.3M$441.5K
Net Cash Provided By Used In Operating Activities-$2.3M-$2.0M-$1.7M-$1.9M-$1.7M-$504.1K
Increase Decrease In Accrued Liabilities-$18.7K$1.5K$188.7K$38.1K-$56.8K$201.7K
Increase Decrease In Prepaid Expense-$15.0K$3.0K$120.0K$36.5K$30.2K
Proceeds From Issuance Of Long Term Debt$120.0K$50.0K$206.6K$62.0K$15.0K
Net Cash Provided By Used In Investing Activities-$145.00$20.0K-$6.5K
Proceeds From Notes Payable$500.0K$50.0K$101.0K
Proceeds From Issuance Of Convertible Notes Payable Related Party$40.0K$6.0K$109.3K$135.7K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2024Q1 2023Q1 2021Q1 2020Q1 2019
Proceeds From Issuance Of Common Stock$318.5K$526.0K$199.6K$52.5K$361.9K
Net Cash Provided By Used In Financing Activities$712.7K$515.6K$199.6K$88.5K$325.6K
Net Cash Provided By Used In Operating Activities-$833.8K-$517.7K-$305.2K-$518.4K-$286.3K
Increase Decrease In Accrued Liabilities$32.8K$33.8K$12.0K$13.0K-$53.9K
Increase Decrease In Prepaid Expense$5.0K$32.8K$26.3K
Proceeds From Issuance Of Long Term Debt$150.0K$11.0K
Net Cash Provided By Used In Investing Activities-$2.0K
Proceeds From Notes Payable$350.0K
Proceeds From Issuance Of Convertible Notes Payable Related Party$51.0K$7.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019FY2018
Common Stock Shares Authorized9.90B9.90B9.90B9.90B
Preferred Stock Shares Authorized50.0M50.0M50.0M50.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00
Preferred Stock Shares Issued67.0067.0067.0067.00
Common Stock Shares Issued7.17B6.18B4.76B3.52B
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding7.17B6.18B4.76B3.52B
Weighted Average Number Of Share Outstanding Basic And Diluted4.95B4.13B3.10B
Earnings Per Share Basic And Diluted$0.00$0.00$0.00
Preferred Stock Shares Outstanding67.0067.00
Weighted Average Number Of Share Outstanding Basic And Diluted17.74B6.69B5.65B
Earnings Per Share Basic And Diluted1$0.00$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q4 2024Q3 2024Q1 2024Q4 2023Q2 2023Q1 2023Q2 2022Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020Q3 2019Q2 2019Q1 2019Q1 2014Q3 2011Q3 2010
Common Stock Shares Authorized17.00B17.00B17.00B9.90B9.90B9.90B9.90B9.90B9.90B9.90B9.90B
Preferred Stock Shares Authorized50.0M50.0M50.0M50.0M50.0M50.0M50.0M50.0M50.0M50.0M50.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Issued67.0067.0067.0067.0067.0067.0067.0067.0067.0067.00
Common Stock Shares Issued9.75B8.94B8.49B8.31B7.65B5.40B5.32B5.04B4.76B4.83B
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding9.75B8.94B8.49B8.31B7.65B5.40B5.32B5.04B4.76B4.83B
Weighted Average Number Of Share Outstanding Basic And Diluted5.35B4.99B4.86B4.79B4.30B4.13B3.71B
Earnings Per Share Basic And Diluted$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Outstanding67.0067.0067.0067.0067.00
Weighted Average Number Of Share Outstanding Basic And Diluted19.54B8.64B8.44B7.53B7.36B6.53B
Earnings Per Share Basic And Diluted1$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019FY2018
Travel And Entertainment Expense$93.1K$74.8K$63.1K$66.9K$65.9K$54.6K
Professional Fees$125.5K$70.3K$83.2K$136.8K$108.1K$74.3K
Professional And Contract Services Expense$1.8M$1.5M$1.2M$1.5M$1.1M$747.9K
Stock Issued During Period Value Issued For Services$539.3K$202.5K$197.9K$751.4K$644.1K$319.1K
Depreciation$21.9K$21.9K$20.4K$1.0K$20.3K
Depreciation And Amortization$48.8K$21.9K$21.9K$20.4K$1.0K$20.3K
Stock Issued During Period Value New Issues$2.0M$2.1M$1.5M$1.3M$2.2M$289.1K
Additional Paid In Capital$22.9M$20.7M$16.6M$13.1M
Vessel Maintenance And Dockage$330.1K$158.5K$109.2K$193.8K$154.7K$58.3K
Prepaid Expense Current$3.0K$159.5K$2.1K
Other Additional Capital$7.4K$7.9K$1.5K$6.5K
Amortization Of Unearned Compensation$246.5K$264.3K$79.0K
Amortization Of Beneficial Conversion Feature And Loan Fees$23.6K$3.9K$40.0K$239.6K$117.0K$138.6K
Stock Issued During Period Value Conversion Of Convertible Securities

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q2 2023Q1 2023Q2 2022Q1 2022Q1 2021Q4 2020Q3 2020Q2 2020Q1 2020Q3 2019Q2 2019Q1 2019Q3 2011Q4 2010Q3 2010
Travel And Entertainment Expense$22.1K$41.0K$55.9K$25.3K$21.2K$19.2K$17.5K$19.4K$14.9K$17.8K$15.7K$13.1K$14.6K$3.2K$819.00
Professional Fees$27.4K$25.0K$90.5K$38.1K$28.1K$10.3K$13.6K$26.3K$37.1K$54.3K$26.0K$20.8K$31.8K$61.7K$20.0K
Professional And Contract Services Expense$270.3K$404.5K$566.2K$355.5K$519.5K$395.7K$243.2K$388.8K$259.9K$292.4K$361.1K$263.7K$227.6K
Stock Issued During Period Value Issued For Services$12.7K$38.2K$425.00$19.8K$10.4K$338.0K$28.3K$374.0K$40.0K$76.0K$145.9K$11.2K$85.4K$204.6K$73.9K$211.7K
Depreciation$12.8K$5.5K$5.5K$5.5K$5.5K$5.0K$5.0K$5.0K$8.1K$8.1K
Depreciation And Amortization$19.8K$12.5K$12.5K$12.2K$11.6K$5.5K$5.5K$5.0K
Stock Issued During Period Value New Issues$402.0K$426.0K$599.7K$602.0K$603.8K$318.5K$399.4K$526.0K$405.0K$664.0K$199.6K$284.2K$382.1K$52.5K$405.2K$443.9K$361.9K
Additional Paid In Capital$30.0M$28.5M$26.9M$25.9M$24.6M$18.8M$18.5M$17.8M$17.2M$16.8M$4.4M$3.2M
Vessel Maintenance And Dockage$39.1K$39.9K$35.7K$41.6K$26.8K$48.0K$43.9K$155.4K$29.2K$30.6K$11.4K
Prepaid Expense Current$5.0K$2.2K$90.3K$123.0K$42.2K$83.5K$133.2K
Other Additional Capital$5.0K$5.0K$5.0K$5.0K$5.0K$1.5K$1.5K$1.5K$1.5K$1.5K
Amortization Of Unearned Compensation$61.3K$70.0K$54.3K$63.2K$85.5K$18.8K
Amortization Of Beneficial Conversion Feature And Loan Fees$29.8K$37.9K$81.4K$13.6K
Stock Issued During Period Value Conversion Of Convertible Securities$13.0K$275.0K$90.2K$1.0K

Most recent annual filing with the SEC: March 26, 2024

Data sourced from SEC EDGAR public filings as of August 6, 2026.