Odyssey Marine Exploration, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 23,914 13,198 15,727 21,001
Cost of Revenue 695 236 415 191
Gross Profit 23,219 12,962 15,312 20,810
Operating Expenses
Research and Development 26,025 17,942 21,288 19,571
Sales, General and Admin. 14,161 10,606 9,392 17,646
Non-Recurring Items - - - -
Other - - - -
Operating Income (16,967) (15,586) (15,369) (16,407)
Income From Continuing Operations
Add'l Income/Expense Items 6,183 3,665 5,032 (3,972)
Earnings Before Interest and Tax (10,784) (11,921) (15,070) (22,827)
Interest Expense 3,582 6,264 1,155 516
Earnings Before Tax (14,365) (18,184) (16,225) (23,343)
Income Tax 496 - - -
Minority Interest (4,120) - - -
Equity Earnings Unconsolidated Subsidiary - - (4,733) (2,447)
Net Income Cont. Operations (10,741) (18,184) (20,958) (26,174)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (10,741) (18,184) (16,225) (23,343)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (10,741) (18,184) (16,225) (23,343)