Odyssey Marine Exploration, Inc. (OMEX) financial statements (2021 and earlier)

Company profile

Business Address 205 S. HOOVER BLVD.
TAMPA, FL 33609
State of Incorp. NV
Fiscal Year End December 31
SIC 44 - Water Transportation (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments03122321
Cash and cash equivalents03122321
Restricted cash and investments0000 1 
Receivables0100160
Inventory, net of allowances, customer advances and progress billings     10
Inventory     10
Prepaid expense     11
Deferred costs     00
Deposits current assets     00
Other current assets1101111
Other undisclosed current assets     (1)10
Total current assets:152341134
Noncurrent Assets
Inventory, Noncurrent     55
Operating lease, right-of-use asset1
Property, plant and equipment10123710
Long-term investments and receivables21     
Long-term investments21     
Deposits noncurrent assets     12
Other noncurrent assets0   113
Other undisclosed noncurrent assets1 11 (1)(2)
Total noncurrent assets:411231418
TOTAL ASSETS:553572551
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2013966711
Accounts payable6321253
Accrued liabilities131075425
Employee-related liabilities     02
Taxes payable      0
Debt32292421159 
Derivative instruments and hedges, liabilities    321
Deferred revenue and credits  0 2
Other undisclosed current liabilities     (0)14
Total current liabilities:51423327251928
Noncurrent Liabilities
Long-term debt and lease obligation4 34312 
Long-term debt, excluding current maturities3 34312 
Operating lease, liability1
Liabilities, other than long-term debt4 55555
Deferred revenue and credits55555
Deferred revenue4
Other undisclosed noncurrent liabilities 5    6
Total noncurrent liabilities:758981610
Total liabilities:59474136323538
Stockholders' equity
Stockholders' equity attributable to parent, including:(29)(22)(23)(19)(26)(10)13
Common stock0000000
Additional paid in capital221218212208204198193
Accumulated deficit(250)(240)(235)(227)(221)(202)(176)
Other undisclosed stockholders' equity attributable to parent    (9)(6)(4)
Stockholders' equity attributable to noncontrolling interest(24)(19)(15)(12) 6(4)
Other undisclosed stockholders' equity    9 8
Total stockholders' equity:(53)(41)(38)(31)(16)(4)17
Other undisclosed liabilities and equity    (9)(6)(4)
TOTAL LIABILITIES AND EQUITY:553572551

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues33155124
Revenue, net002124
Cost of revenue(8)(5)(4)(8)(0) (1)
Cost of goods and services sold    (0) (1)
Gross profit:(5)(1)(2)(4)5123
Operating expenses(5)(5)(6)(7)(27)(30)(41)
Other undisclosed operating income    0 1
Operating loss:(10)(6)(8)(11)(22)(28)(17)
Nonoperating income (expense)(5)(3)(3)10(1)3
Investment income, nonoperating(0)003000
Other nonoperating income (expense)10000(1)3
Interest and debt expense(0)(3)(3)(2)1(2)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes0332(1)24
Loss from continuing operations before equity method investments, income taxes:(15)(9)(11)(9)(21)(29)(14)
Loss from equity method investments     (1) 
Loss from continuing operations before income taxes:(15)(9)(11)(9)(21)(30)(14)
Income tax expense (benefit)     0(0)
Loss before gain (loss) on sale of properties:(15)(9)(11)(9)(21)(29)(15)
Other undisclosed net income     14
Net loss:(15)(9)(11)(9)(21)(29)(11)
Net income attributable to noncontrolling interest5433324
Other undisclosed net loss attributable to parent      (8)
Net loss available to common stockholders, diluted:(10)(5)(8)(6)(18)(26)(15)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(15)(9)(11)(9)(21)(29)(11)
Comprehensive loss:(15)(9)(11)(9)(21)(29)(11)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest543332(4)
Comprehensive loss, net of tax, attributable to parent:(10)(5)(8)(6)(18)(26)(15)

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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