Seafarer Exploration Corp. (SFRX)

Seafarer Exploration Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.05	0.02	0.61	0.18	0.08
Short-Term Investments	0	0	0.02	-	0
Cash & Short-Term Investments	0.05	0.02	0.62	0.18	0.08
Cash Growth	109.52%	-96.07%	250.63%	114.91%	-56.00%
Prepaid Expenses	0.01	0	0.02	0	0
Total Current Assets	0.06	0.03	0.64	0.18	0.09
Property, Plant & Equipment	0.22	0.26	0.28	0.17	0.2
Total Assets	0.28	0.29	0.92	0.34	0.29
Accounts Payable	1.04	0.64	0.57	0.62	0.52
Short-Term Debt	2.4	2.21	1.69	1.06	1.08
Current Portion of Leases	0.05	0.04	0.04	0.01	0.02
Current Unearned Revenue	0.14	0.14	0.14	0.14	0.14
Total Current Liabilities	3.63	3.03	2.43	1.84	1.75
Long-Term Leases	0.07	0.07	0.11	-	0.01
Total Liabilities	3.7	3.1	2.54	1.84	1.76
Common Stock	1.01	0.89	0.83	0.72	0.62
Additional Paid-In Capital	30.54	28.53	25.89	22.95	20.71
Retained Earnings	-34.99	-32.24	-28.35	-25.17	-22.55
Comprehensive Income & Other	0	0	0	0.01	-0.26
Shareholders' Equity	-3.43	-2.81	-1.62	-1.5	-1.48
Total Liabilities & Equity	0.28	0.29	0.92	0.34	0.29
Total Debt	2.52	2.32	1.84	1.07	1.11
Net Cash (Debt)	-2.47	-2.3	-1.22	-0.9	-1.03
Net Cash Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Filing Date Shares Outstanding	10,368	8,945	8,492	7,500	6,477
Total Common Shares Outstanding	10,133	8,945	8,314	7,173	6,176
Working Capital	-3.57	-3	-1.79	-1.66	-1.67
Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Tangible Book Value	-3.43	-2.81	-1.62	-1.5	-1.48
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-0.00

Source: S&P Global Market Intelligence. Standard template. Financial Sources.