Seafarer Exploration Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	-	-	0.02	0.02	0.01	0.02
Revenue Growth (YoY)	-	-	-15.24%	48.28%	-45.41%	123.70%
Cost of Revenue	0.09	0.1	0.25	0.37	0.2	0.15
Gross Profit	-0.09	-0.1	-0.23	-0.35	-0.19	-0.13
Selling, General & Admin	1.86	1.8	2.56	2.33	2.04	1.76
Research & Development	0.5	0.57	0.49	0.33	0.17	0.44
Operating Expenses	2.44	2.45	3.11	2.7	2.23	2.22
Operating Income	-2.52	-2.55	-3.34	-3.05	-2.43	-2.35
Interest Expense	-0.15	-0.15	-0.37	-0.1	-0.06	-0.18
EBT Excluding Unusual Items	-2.67	-2.7	-3.71	-3.16	-2.49	-2.52
Gain (Loss) on Sale of Assets	-	-	0.01	-	-0.09	0.02
Other Unusual Items	-0.24	-0.04	-0.2	-0.02	-0.04	-0.12
Pretax Income	-2.91	-2.74	-3.9	-3.18	-2.62	-2.63
Net Income	-2.91	-2.74	-3.9	-3.18	-2.62	-2.63
Net Income to Common	-2.91	-2.74	-3.9	-3.18	-2.62	-2.63
Shares Outstanding (Basic)	9,825	9,474	8,635	7,742	6,687	5,646
Shares Outstanding (Diluted)	9,825	9,474	8,635	7,742	6,687	5,646
Shares Change (YoY)	11.83%	9.71%	11.54%	15.77%	18.44%	14.13%
EPS (Basic)	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
EPS (Diluted)	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
Free Cash Flow	-2.08	-2.02	-2.93	-2.31	-1.99	-1.72
Operating Margin	-	-	-20488.55%	-15864.26%	-18697.06%	-9871.72%
Profit Margin	-	-	-23901.85%	-16535.72%	-20171.15%	-11049.26%
Free Cash Flow Margin	-	-	-17955.75%	-12028.53%	-15335.64%	-7220.16%
EBITDA	-2.45	-2.47	-3.28	-3	-2.4	-2.32
D&A For EBITDA	0.08	0.08	0.06	0.05	0.02	0.02
EBIT	-2.52	-2.55	-3.34	-3.05	-2.43	-2.35
Revenue as Reported	-	-	-	0.02	-	-