OceanTech Acquisitions I Corp. (OTEC) financial statements (2022 and earlier)

Company profile

Business Address 515 MADISON AVE., SUITE 8133
NEW YORK, NY 10022
State of Incorp. DE
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments322
Cash and cash equivalents322
Prepaid expense233
Total current assets:555
Noncurrent Assets
Assets held-in-trust104,296
Total noncurrent assets:104,296
TOTAL ASSETS:104,851
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:309
Other undisclosed accounts payable and accrued liabilities309
Due to related parties63
Other undisclosed current liabilities163
Total current liabilities:535
Noncurrent Liabilities
Liabilities, other than long-term debt2,000
Other liabilities2,000
Other undisclosed noncurrent liabilities10,712
Total noncurrent liabilities:12,712
Total liabilities:13,247
Stockholders' equity
Stockholders' equity attributable to parent, including:(12,688)
Accumulated deficit(12,689)
Other undisclosed stockholders' equity attributable to parent0
Other undisclosed stockholders' equity104,293
Total stockholders' equity:91,604
TOTAL LIABILITIES AND EQUITY:104,851

Income statement (P&L) ($ in thousands)

12/31/2021
Operating expenses(2,806)
Operating loss:(2,806)
Nonoperating income5,672
Income from continuing operations before income taxes:2,866
Income tax expense(588)
Income before gain (loss) on sale of properties:2,278
Other undisclosed net income588
Net income available to common stockholders, diluted:2,866

Comprehensive Income ($ in thousands)

12/31/2021
Net income:2,866
Comprehensive income, net of tax, attributable to parent:2,866

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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