ODYSSEY MARINE EXPLORATION, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-43.1M | $15.7M | $5.3M | $-22.1M | $-10.0M | $-14.8M | $-10.4M | $-5.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $75.3K | $79.0K | $243.0K | $88.4K | $8.8K | $9.3K | $116.4K | $453.5K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $222.1K | $2.0M | $585.7K | $1.8M | $1.3M | $420.6K | $55.2K | $278.9K |
| Net Cash from Operating Activities | $-8.8M | $642.3K | $-10.2M | $-10.2M | $-5.4M | $-9.2M | $-5.4M | $-6.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $16.1K | $84.4K | $1.3M | $1.5M | $19.1K | $0 | $15.5K | $9.6K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-173.6K | $-84.4K | $-1.0M | $-2.5M | $323.0K | $0 | $-15.5K | $994.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $7.7M | $212.0K | $13.8M | $11.9M | $1.2M | $15.1M | $2.9M | $7.1M |
| Net Change in Cash | $-1.3M | $770.0K | $2.6M | $-831.3K | $-3.9M | $5.9M | $-2.6M | $1.7M |
| Free Cash Flow | $-8.9M | $558.0K | $-11.5M | $-11.7M | $-5.4M | $-9.2M | $-5.5M | $-6.5M |