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ODYSSEY MARINE EXPLORATION INC

Public

Transportation · Tampa, FL

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$15,100,000
Crowd $0 · Private $15.1M · 3 rounds since 2009

Financials

FY2009–FY2025 · from SEC filings · hover any figure for its source
$3.3M
−$5.2M
2018
$3.1M
−$10.4M
2019
$2.0M
−$14.8M
2020
$921K
−$10.0M
2021
$1.3M
−$23.1M
2022
$9K
$5.3M
2023
$769K
$15.7M
2024
$354K
−$43.1M
2025
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 9 earlier years are in the table below.

Metric
FY2009 audited
FY2010 audited
FY2011 audited
FY2012 audited
FY2013 audited
FY2014 audited
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$4,347,465
$21,000,695
$15,727,232
$13,197,515
$23,913,949
$1,322,882
$5,330,251
$4,683,035
$1,248,477
$3,275,753
$3,072,987
$2,038,332
$921,238
$1,334,702
$9,327
$768,677
$353,719
Cost of goods sold
$680,530
$191,091
$414,993
$235,537
$694,787
$247,087
$1,447,331
—
—
—
—
—
—
—
—
—
—
Gross margin
84%
99%
97%
98%
97%
81%
73%
—
—
—
—
—
—
—
—
—
—
Net income
-$18,628,198
-$23,343,066
-$16,225,308
-$18,184,113
-$14,861,309
-$26,473,114
-$18,207,163
-$6,316,021
-$7,759,472
-$5,172,436
-$10,439,961
-$14,812,156
-$9,956,395
-$23,140,750
$5,345,819
$15,657,934
-$43,085,185
Taxes paid
—
—
—
—
$496,055
-$481,055
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$2,145,449
$235,762
$7,971,794
$10,096,414
$21,322,257
$3,143,550
$2,241,317
$1,662,643
$1,108,193
$2,786,832
$203,254
$6,163,205
$2,274,751
$1,443,421
$511,809
$4,791,743
$3,515,881
Accounts receivable
—
$2,095,571
$500,626
$2,101,941
$207,005
$6,476,049
$801,575
$473,806
$232,380
$789,421
$421,593
$160,257
$268,867
$7,515
$71,509
$285,764
$67,323
Total assets
—
$19,406,693
$23,414,403
$26,896,824
$51,460,607
$25,089,539
$6,913,016
$5,083,665
$2,972,426
$5,473,170
$5,329,720
$11,759,464
$8,908,887
$13,281,836
$18,730,839
$18,491,890
$15,839,904
Long-term debt
—
—
—
$5,000,000
$12,294,546
$15,660,299
$2,800,000
$4,335,501
$3,000,000
—
—
—
—
—
—
—
—
Total liabilities
—
$22,935,490
$32,939,364
$47,655,553
$38,253,817
$35,494,011
$32,462,022
$36,186,530
$40,955,362
$46,669,707
$58,627,136
$69,670,738
$71,397,525
$89,826,594
$94,571,902
$97,575,061
$91,384,550

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Cap table

Principal holders% as the filing states it, Jan 27, 2025

  • John Addis/ FourWorld Capital Management LLC4,292,367 Common Stock14.7%of
  • Capital Latinoamericano, S.A. de C.V./Juan Antonio Carlos Cortina Gallardo2,481,819 Common Stock8.52%of
  • FW Deep Value Opportunities Fund I LLC2,062,165 Common Stock7.08%of
  • Sina Toussi/Two Seas Capital LP/Two Seas Capital GP LLC1,816,384 Common Stock6.24%of
  • FourWorld Global Opportunities Fund, Ltd1,355,941 Common Stock4.66%of
  • Mark B. Justh856,611 Common Stock2.91%of
  • Mark D. Gordon805,736 Common Stock2.72%of
  • John D. Longley492,721 Common Stock1.67%of
  • Todd E. Siegel76,539 Common Stock—of
  • Jon D. Sawyer151,978 Common Stock—of

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0
Raised $10MInvestors 1
Raised $5.1MInvestors 3

Team

5 people
Mark D. Gordon
Chief Executive Officer and Chairman
John D. Longley, Jr.
President and Chief Operating Officer
Mark B. Justh
Lead Director
Jon D. Sawyer
Director
Todd E. Siegel
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 10-QAug 11, 20260001193125-26-344788
    EDGAR
  • Form 10-K/AAug 5, 20260001193125-26-333504
    EDGAR
  • Form 10-K/AJul 1, 20260001193125-26-291899
    EDGAR
  • Form 10-Q/AMay 13, 20260001193125-26-221754
    EDGAR
  • Form 10-QMay 12, 20260001193125-26-219739
    EDGAR
  • Form 10-KMar 31, 20260001193125-26-134584
    EDGAR
  • Form 10-QNov 12, 20250001193125-25-275786
    EDGAR
  • Form 10-QAug 19, 20250000950170-25-110072
    EDGAR
Source: SEC EDGARCIK 0000798528NVLast synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.