BWMG
Brownie's Marine Group, Inc
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The historical losses and cash used in operations raise substantial doubt as to the Company’s ability to continue as a going concern.”View the 10-Q filed May 15, 2026
Company with tickers: BWMG
CIK
1166708
Shares Outstanding
504,993,724
Website
https://browniesmarinegroup.com
Investor Relations
https://browniesmarinegroup.com/investor-relations/
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
| Line Item | Value | Unit | Period End | Form | Filed |
|---|---|---|---|---|---|
| Revenue | $2,115,244 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Revenue (ASC 606) | $2,115,244 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Cost of Revenue | $1,133,115 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Gross Profit | $982,129 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Operating Expenses | $1,026,562 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Research & Development | $3,594 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Operating Income | $-44,434 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| Net Income | $493,030 | USD | 2026-03-31 | 10-Q | 2026-05-15 |
| EPS (Basic) | $0.00 | USD/shares | 2026-03-31 | 10-Q | 2026-05-15 |
| EPS (Diluted) | $0.00 | USD/shares | 2026-03-31 | 10-Q | 2026-05-15 |
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
By Product & Service (USD)
| Component | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Ultra Portable Tankless Dive Systems | $1,344,630 | $2,241,359 | $3,052,193 |
| Legacy SSA Products | $2,721,753 | $2,897,210 | $2,601,622 |
| Redundant Air Tank Systems | — | $472,771 | $1,592,602 |
| High Pressure Gas Systems | $489,590 | $616,039 | $1,118,081 |
| Guided Tour Retail | — | — | $212,876 |