Ocean Biomedical, Inc. (OCEA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 1.49M | 812K | 1.04M | 1.28M | 1.8M | 2.11M | 1.03M | 2.16M | 306K | 467.99K | 599.61K | 395K | 1.19M | 79K | 2.23M | 25K | 1.73M | 386K |
| Cash & Short-Term Investments | 0 | 0 | 0 | 4K | 19K | 4K | 31K | 1.16M | 306K | 328.31K | 472.11K | 395K | 845.08K | 60K | 160K | 25K | 785K | 0 |
| Cash Only | 0 | 0 | 0 | 4K | 19K | 4K | 31K | 1.16M | 306K | 328.31K | 472.11K | 395K | 845.08K | 60K | 160K | 25K | 785K | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 777K | 224K | 240K | 225K | 500K | 1M | 1M | 1M | 0 | 0 | 0 | 0 | 0 | 19K | 2.08M | 0 | 946K | 386K |
| Total Non-Current Assets | 90K | 90K | 90K | 574K | 1.15M | 3.39M | 0 | 18.76M | 24.67M | 110.44M | 108.53M | 107.82M | 107.15M | 107.1M | 107.1M | 64.72K | 0 | 0 |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 90K | 90K | 90K | 574K | 1.15M | 3.39M | 0 | 18.76M | 24.67M | 110.44M | 108.53M | 107.25M | 107.11M | 107.1M | 107.1M | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.76M | 0 | 0 | 0 | 566.4K | 38.27K | 0 | 3.99K | 64.72K | 0 | 0 |
| Total Assets | 1.58M | 902K | 1.13M | 1.85M | 2.95M | 5.5M | 1.03M | 20.92M | 24.98M | 110.91M | 109.13M | 395K | 108.34M | 79K | 2.23M | 89.72K | 1.73M | 386K |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | -46.3% | -83.6% | 9.8% | -91.15% | -88.21% | -95.04% | -99.06% | 5196.46% | -76.95% | 140294.08% | 4782.71% | 340.28% | 6158.95% | -79.53% | - | - | - | - |
| Total Current Liabilities | 26.57M | 33.89M | 33.65M | 30.74M | 30.11M | 30.01M | 30.85M | 26.68M | 23.43M | 3.46M | 2.09M | 9.93M | 102.17K | 6.74M | 5.26M | 64.8K | 3.83M | 2.27M |
| Accounts Payable | 964K | 799K | 862K | 926K | 991K | 933K | 114K | 1.38M | 1.69M | 324.83K | 0 | 528K | 0 | 237K | 228K | 0 | 3.69M | 53K |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 9.35M | 16.3M | 12.84M | 10.98M | 9.86M | 12.12M | 12.05M | 11.87M | 7.07M | 2.15M | 1.05M | 764K | 0 | 0 | 0 | 64.8K | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -181.03K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 198K | 1.09M | 3.57M | 1.66M | 2.45M | 763K | 1.95M | 0 | 0 | 0 | 1.04M | 0 | 102.17K | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.06x | 0.02x | 0.03x | 0.04x | 0.06x | 0.07x | 0.03x | 0.08x | 0.01x | 0.14x | 0.29x | 0.04x | 11.69x | 0.01x | 0.42x | 0.39x | 0.45x | 0.17x |
| Quick Ratio | 0.06x | 0.02x | 0.03x | 0.04x | 0.06x | 0.07x | 0.03x | 0.08x | 0.01x | 0.14x | 0.29x | 0.04x | 11.69x | 0.01x | 0.42x | 0.39x | 0.45x | 0.17x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 67.41M | 64.63M | 65.57M | 63.86M | 48.62M | 66.25M | 45.4M | 2.64M | 8.76M | 3.15M | 3.15M | 3.15M | 3.15M | 3.15M | 3.15M | 64.8K | 3.69M | 53K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 67.41M | 64.63M | 65.57M | 63.86M | 48.62M | 66.25M | 45.4M | 2.64M | 0 | 0 | 3.15M | 3.15M | 0 | 0 | 0 | 64.8K | 0 | 0 |
| Total Liabilities | 93.98M | 98.52M | 99.22M | 94.59M | 78.73M | 96.26M | 76.25M | 29.32M | 23.43M | 6.61M | 5.24M | 9.93M | 3.25M | 6.74M | 5.26M | 64.8K | 3.83M | 2.27M |
| Total Debt | 9.35M | 16.3M | 12.84M | 10.98M | 9.86M | 12.12M | 12.05M | 11.87M | 7.07M | 2.15M | 1.05M | 764K | 0 | 0 | 0 | 64.8K | 0 | 0 |
| Net Debt | 9.35M | 16.3M | 12.84M | 10.98M | 9.84M | 12.11M | 12.02M | 10.71M | 6.76M | 1.82M | 577.89K | 369K | -845.08K | -60K | -160K | 39.8K | -785K | 0 |
| Debt / Equity | - | - | - | - | - | - | - | - | 4.58x | 0.02x | 0.01x | - | - | - | - | 2.60x | - | - |
| Debt / EBITDA | - | 22.77x | - | - | 0.72x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | 22.77x | - | - | 0.72x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -23.02x | 1.65x | -10.99x | -32.46x | 21.41x | -32.71x | -47.08x | -16.11x | -238.51x | 24.50x | -59.13x | -16.82x | -20.15x | - | - | - | - | - |
| Total Equity | -92.4M | -97.62M | -98.08M | -92.74M | -75.78M | -90.76M | -75.22M | -8.4M | 1.54M | 104.3M | 103.89M | -9.54M | 105.09M | -6.66M | -3.03M | 24.92K | -2.1M | -1.89M |
| Equity Growth % | -21.93% | -7.55% | -30.39% | -1003.95% | -5008.23% | -187.02% | -172.41% | 11.91% | -98.53% | 1665.56% | 3532.03% | -38373.54% | 5116.24% | -253.42% | - | - | - | - |
| Book Value per Share | -3.36 | -3.55 | -3.57 | -3.37 | -2.77 | -3.32 | -2.83 | -0.32 | 0.06 | 7.89 | 7.86 | -0.90 | 8.82 | -0.50 | -0.22 | 0.00 | -0.12 | -0.09 |
| Total Shareholders' Equity | -92.4M | -97.62M | -98.08M | -92.74M | -75.78M | -90.76M | -75.22M | -8.4M | 1.54M | 104.3M | 103.89M | -9.54M | 105.09M | -6.66M | -3.03M | 24.92K | -2.1M | -1.89M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110.44M | 108.53M | 107.1M | 107.1M | 107.1M | 107.1M | 288 | 0 | 0 |
| Retained Earnings | -213.78M | -205.53M | -205.82M | -200.29M | -183.06M | -196.06M | -179.2M | -162.02M | -148.99M | -2.77M | -2.31M | -76.94M | -729.82K | -64.23M | -56.05M | -82 | -45.82M | -1.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |