SFRX · Seafarer Exploration Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $0 | - | $6.6K | $590 | $3.2K | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $82.9K | - | $183.7K | $134.5K | $153.8K | - | $110.3K | $157.1K | $131.9K | - |
| SG&A | $101.4K | - | $75.8K | $95.0K | $86.7K | - | $100.7K | $106.7K | $115.4K | - |
| Total Operating Expenses | $625.2K | - | $643.5K | $604.2K | $655.7K | - | $740.1K | $823.1K | $1.10M | - |
| D&A | $16.3K | - | $19.8K | $19.8K | $19.8K | - | $12.5K | $12.5K | $12.5K | - |
| Operating Income | ($625.2K) | - | ($643.5K) | ($604.2K) | ($655.7K) | - | ($733.4K) | ($823.1K) | ($1.10M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($894.2K) | - | ($680.1K) | ($644.2K) | ($731.4K) | - | ($769.1K) | ($980.6K) | ($1.31M) | - |
| EPS - Basic | $0.00 | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | $0.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.2K | $50.5K | $24.7K | $3.2K | $23.7K | $23.7K | $407.0K | $473.7K | $485.1K | $606.3K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $37.3K | $58.1K | $30.4K | $11.6K | $25.4K | $26.7K | $463.8K | $589.2K | $495.9K | $622.1K |
| Total Assets | $205.5K | $275.7K | $271.8K | $223.6K | $262.4K | $288.4K | $691.7K | $834.3K | $758.1K | $901.3K |
| Current Liabilities | $3.37M | $3.63M | $3.50M | $3.22M | $3.08M | $3.03M | $2.92M | $2.91M | $2.70M | $2.43M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $3.41M | $3.70M | $3.59M | $3.27M | $3.14M | $3.10M | $3.00M | $3.00M | $2.80M | $2.54M |
| Stockholders' Equity | ($3.20M) | ($3.43M) | ($3.31M) | ($3.05M) | ($2.88M) | ($2.81M) | ($2.31M) | ($2.16M) | ($2.04M) | ($1.64M) |
| Retained Earnings | ($35.88M) | ($34.99M) | ($34.30M) | ($33.62M) | ($32.98M) | ($32.24M) | ($31.41M) | ($30.64M) | ($29.66M) | ($28.35M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($662.8K) | - | - | - | ($593.2K) | - | - | - | ($833.8K) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $642.5K | - | - | - | $593.1K | - | - | - | $712.7K | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | -11089.3% | -139509.8% | -34642.5% | - |
| EBITDA margin | - | - | - | - | - | - | -10900.1% | -137389.5% | -34247.8% | - |
| Net margin | - | - | - | - | - | - | -11628.0% | -166203.1% | -41390.2% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | 1667.8% | 26619.5% | 4161.8% | - |
| SG&A / Revenue | - | - | - | - | - | - | 1522.1% | 18079.8% | 3640.0% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -435.0% | - | -250.2% | -288.0% | -278.7% | - | -111.2% | -117.5% | -173.1% | - |
| Return on equity | 27.9% | - | 20.5% | 21.1% | 25.4% | - | 33.3% | 45.3% | 64.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.01 | 0.02 | 0.01 | 0.00 | 0.01 | 0.01 | 0.16 | 0.20 | 0.18 | 0.26 |
| Quick ratio | 0.01 | 0.02 | 0.01 | 0.00 | 0.01 | 0.01 | 0.16 | 0.20 | 0.18 | 0.26 |
| Cash ratio | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.14 | 0.16 | 0.18 | 0.25 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.06 | -0.08 | -0.08 | -0.07 | -0.09 | -0.10 | -0.30 | -0.39 | -0.37 | -0.55 |
| Liabilities / Assets | 16.58 | 13.43 | 13.19 | 14.63 | 11.98 | 10.75 | 4.34 | 3.59 | 3.69 | 2.82 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | 0.00 | - | 0.01 | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | -100.0% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | 6.0% | -49.8% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | -6.2% | -30.0% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 4.7% | - | 12.3% | 26.6% | 40.3% | - | -0.1% | -43.1% | -12.7% | - |
| Net income growth (YoY) | -22.3% | - | 11.6% | 34.3% | 44.3% | - | -1.9% | -59.7% | -32.3% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -11.1% | -21.9% | -43.5% | -40.9% | -41.5% | -71.3% | -69.6% | -37.4% | -33.6% | -9.7% |
Peer comparison
Same SIC group: Services-Amusement & Recreation Services
Comparing SEAFARER EXPLORATION CORP against the 5 most active filers in the same SIC group.