Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$26.62M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
3.1%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$98.09M
Q3 2024
Cash
Q3 2024
P/E
-0.9261
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $9.505M
YoY Change
% of Gross Profit
Research & Development $709.0K $8.409M
YoY Change -91.57%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $10.21M $2.480M $566.6K
YoY Change 311.85% 337.73%
Operating Profit -$10.21M -$2.482M
YoY Change 311.58%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $50.00K $691.00 $2.450K
YoY Change 7135.89% -71.8%
% of Operating Profit
Other Income/Expense, Net -$104.3M -$1.238M
YoY Change 8321.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$114.5M -$960.0K -$564.1K
YoY Change 11823.54% 70.18%
Income Tax
% Of Pretax Income
Net Earnings -$114.5M -$958.4K -$564.1K
YoY Change 11843.07% 69.9%
Net Earnings / Revenue
Basic Earnings Per Share -$4.35 -$0.74
Diluted Earnings Per Share -$4.35 -$0.07 -$42.65K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $4.000K $300.0K $1.076M
YoY Change -98.67% -72.11%
Cash & Equivalents $1.076M
Short-Term Investments
Other Short-Term Assets $2.105M $100.0K $474.3K
YoY Change 2005.0% -78.92%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.109M $500.0K $1.550M
YoY Change 321.8% -67.74%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.392M
YoY Change
Other Assets $110.4M $107.1M
YoY Change 3.08%
Total Long-Term Assets $3.392M $110.4M $107.1M
YoY Change -96.93% 3.08%
Total Assets $5.501M $110.9M $108.7M
YoY Change
Accounts Payable $15.55M $300.0K $34.44K
YoY Change 5083.0% 771.08%
Accrued Expenses $946.0K $1.000M $212.0K
YoY Change -5.4% 371.7%
Deferred Revenue
YoY Change
Short-Term Debt $12.12M $2.200M $0.00
YoY Change 450.82%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.01M $3.500M $246.4K
YoY Change 757.49% 1320.22%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $66.25M $3.200M $3.150M
YoY Change 1970.37% 1.59%
Total Long-Term Liabilities $66.25M $3.200M $3.150M
YoY Change 1970.37% 1.59%
Total Liabilities $96.26M $6.600M $3.396M
YoY Change 1358.55% 94.32%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 26.29M shares 23.36M shares
Diluted Shares Outstanding 26.29M shares 23.36M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $24.652 Million

About Ocean Biomedical, Inc.

Ocean Biomedical, Inc. is a biopharmaceutical company. The company is headquartered in New York City, New York. The company went IPO on 2021-09-15. The firm is focused on discovering and developing therapeutic products in oncology, fibrosis, infectious diseases, and inflammation. The firm helps to accelerates the development and commercialization of assets from research universities and medical centers. In oncology, it is engaged in developing a mono-specific and two bi-specific humanized monoclonal antibodies (mAb), product candidates targeting Chi3l1 for the treatment of non-small cell lung cancer (NSCLC), and of glioblastoma multiforme (GBM). The company offers three product candidates based on the novel target discoveries: a malaria vaccine candidate targeting either or both of PfSEA-1, and parasite antigen PfGARP, which is referred to as its ODA-570 candidate; a humanized mAb malaria therapeutic candidate targeting PfGARP, which is referred to as ODA-611 candidate, and a small molecule malaria therapeutic candidate targeting PfGARP, which is referred to as ODA-579 candidate.

Industry: Pharmaceutical Preparations Peers: