SEAFARER EXPLORATION CORP Research And Development Expense

Quick Answer

SEAFARER EXPLORATION CORP reported Research And Development Expense of $325.2 thousand for the year ending 2023.

  • SEAFARER EXPLORATION CORP showed an increase of +88.1% in Research And Development Expense from 2022 to 2023.
  • This data is from SEAFARER EXPLORATION CORP's annual report (Form 10-K), filed with the SEC on March 26, 2024.
  • XBRL data for this metric is available from 2019 to 2023 (5 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q3 2019: $210.1 thousand | Q1 2020: $71.4 thousand | Q2 2020: $122.9 thousand | Q3 2020: $95.5 thousand | Q1 2021: $71.3 thousand | Q2 2022: $79.8 thousand | Q1 2023: $32.1 thousand | Q2 2023: $73.8 thousand | Q1 2024: $131.9 thousand | Q3 2024: $110.3 thousand | Q3 2025: $183.7 thousand.
  • Over the full 5 years of available data (2019 to 2023), SEAFARER EXPLORATION CORP's Research And Development Expense has declined by 26.8%.
  • Historical annual values: Fiscal year 2023: $325.2 thousand | Fiscal year 2022: $172.9 thousand | Fiscal year 2021: $439.8 thousand | Fiscal year 2020: $463.5 thousand | Fiscal year 2019: $444.0 thousand.
  • Data sourced from SEC EDGAR public filings as of August 10, 2026.

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