United Maritime Corporation (USEA)

United Maritime Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3.39	6.41	13.8	54.73	0.77	0.41
Cash & Short-Term Investments	3.39	6.41	13.8	54.73	0.77	0.41
Cash Growth	-65.23%	-53.54%	-74.78%	7049.99%	88.54%	-
Receivables	-	1.44	0.39	0.78	0.07	-
Inventory	-	0.65	0.66	0.11	0.1	0.05
Prepaid Expenses	-	0.6	0.55	0.99	0.06	0.05
Other Current Assets	-	15.38	3.69	3.21	-	-
Total Current Assets	3.39	24.48	19.09	59.81	0.99	0.51
Property, Plant & Equipment	151.33	138.15	152.53	37.51	12.28	13.04
Long-Term Investments	-	3.59	-	-	-	-
Long-Term Deferred Charges	-	4.35	2.49	0.44	0.16	0.4
Other Long-Term Assets	14.66	1.51	0.7	27.89	-	-
Total Assets	169.38	172.07	174.81	125.66	13.43	13.94
Accounts Payable	-	1.82	3.31	3.02	0.27	0.12
Accrued Expenses	-	9.95	8.5	6.32	0.31	0.21
Current Portion of Long-Term Debt	-	17.65	8.69	7.47	1.18	0.7
Current Portion of Leases	-	2.03	31.42	-	-	-
Current Unearned Revenue	-	1.4	0.53	1.03	0.33	0.12
Other Current Liabilities	-	0.66	0.65	7.37	-	-
Total Current Liabilities	-	33.52	53.09	25.22	2.08	1.15
Long-Term Debt	94.48	61.1	55.84	35.13	4.2	5.38
Long-Term Leases	-	16.94	-	-	-	-
Other Long-Term Liabilities	19.27	0.43	-	0.74	0.1	0.1
Total Liabilities	113.75	111.99	108.94	61.09	6.39	6.63
Common Stock	55.62	0	0	0	7.87	10.31
Additional Paid-In Capital	-	39.18	38.92	35.19	-	-
Retained Earnings	-	20.92	26.95	29.37	-0.83	-3
Comprehensive Income & Other	-	-0	-	-	-	-
Shareholders' Equity	55.62	60.09	65.87	64.57	7.04	7.31
Total Liabilities & Equity	169.38	172.07	174.81	125.66	13.43	13.94
Total Debt	94.48	97.72	95.95	42.61	5.38	6.09
Net Cash (Debt)	-91.09	-91.31	-82.15	12.13	-4.62	-5.68
Net Cash Per Share	-10.46	-10.48	-9.83	1.66	-3.05	-
Filing Date Shares Outstanding	8.69	9.2	9.01	8.6	1.51	-
Total Common Shares Outstanding	8.69	8.84	8.69	8.6	1.51	-
Working Capital	3.39	-9.03	-34	34.6	-1.09	-0.65
Book Value Per Share	6.40	6.79	7.58	7.51	4.66	-
Tangible Book Value	55.62	60.09	65.87	64.57	7.04	7.31
Tangible Book Value Per Share	6.40	6.79	7.58	7.51	4.66	-
Machinery	-	120.54	112.38	-	-	-

Updated Apr 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q