2023 Q1 Form 10-K Financial Statement

#000095017023011378 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q3
Revenue $288.7K $286.4K $358.4K
YoY Change -3.63% 14.48% 81.89%
Cost Of Revenue
YoY Change
Gross Profit $286.4K $358.4K
YoY Change 14.48% 81.89%
Gross Profit Margin 100.0% 100.0%
Selling, General & Admin $1.878M $3.804M $2.214M
YoY Change -73.08% -11.26% -34.28%
% of Gross Profit 1328.0% 617.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $143.6K $59.88K $18.18K
YoY Change 5961.05% 2561.33% 786.83%
% of Gross Profit 20.91% 5.07%
Operating Expenses $1.878M $3.804M $2.214M
YoY Change -73.08% -11.26% -34.28%
Operating Profit -$3.377M -$3.517M -$3.720M
YoY Change -49.41% -12.86% 17.31%
Interest Expense $3.809M -$3.549M $3.665M
YoY Change -218.08% 20.37% -227.83%
% of Operating Profit
Other Income/Expense, Net $17.74M $205.4K -$3.670M
YoY Change -9422.14% -1.58% 16474.38%
Pretax Income $14.36M -$6.861M -$7.390M
YoY Change -242.3% 338.92% 29.97%
Income Tax -$5.746K $0.00 $0.00
% Of Pretax Income -0.04%
Net Earnings $16.60M -$4.772M -$5.455M
YoY Change -301.7% -6327.89% 33.53%
Net Earnings / Revenue 5749.32% -1666.08% -1522.07%
Basic Earnings Per Share $0.84 -$0.19 -$0.28
Diluted Earnings Per Share $0.83 -$0.19 -$0.28
COMMON SHARES
Basic Shares Outstanding 19.59M 19.51M 19.49M
Diluted Shares Outstanding 19.89M 19.48M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $674.4K $1.443M $6.783M
YoY Change -67.98% -36.55% 91.43%
Cash & Equivalents $674.4K $1.443M $6.800M
Short-Term Investments
Other Short-Term Assets $1.065M $947.4K $481.4K
YoY Change 41.32% 21.99% 123.93%
Inventory
Prepaid Expenses $722.0K
Receivables $17.00 $7.515K $422.7K
Other Receivables $2.034M $1.577M $10.00
Total Short-Term Assets $3.780M $3.975M $7.687M
YoY Change 21.08% 19.72% 91.65%
LONG-TERM ASSETS
Property, Plant & Equipment $2.851M $3.046M $648.2K
YoY Change 546.64% 535.82% 25.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.676M $4.405M $4.147M
YoY Change 31.76% 35.37% 37.96%
Other Assets $34.30K $34.30K $34.30K
YoY Change -0.01% 0.0% -17.97%
Total Long-Term Assets $9.382M $9.325M $6.613M
YoY Change 60.51% 66.85% 22.81%
TOTAL ASSETS
Total Short-Term Assets $3.780M $3.975M $7.687M
Total Long-Term Assets $9.382M $9.325M $6.613M
Total Assets $13.16M $13.30M $14.30M
YoY Change 46.78% 49.29% 52.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.439M $2.286M $2.569M
YoY Change -74.66% 25.78% -6.69%
Accrued Expenses $32.99M $40.48M $37.89M
YoY Change 6.43% 44.54% 28.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.907M $21.73M $20.28M
YoY Change -92.37% -4.61% -29.71%
Total Short-Term Liabilities $36.33M $64.69M $60.74M
YoY Change -41.07% 22.96% -0.7%
LONG-TERM LIABILITIES
Long-Term Debt $34.20M $25.01M $24.35M
YoY Change 75.55% 35.39% 53.99%
Other Long-Term Liabilities $78.50K $129.1K $186.4K
YoY Change -71.08% -59.11% -48.09%
Total Long-Term Liabilities $34.28M $25.14M $24.54M
YoY Change 73.54% 33.8% 51.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.33M $64.69M $60.74M
Total Long-Term Liabilities $34.28M $25.14M $24.54M
Total Liabilities $70.62M $89.83M $85.28M
YoY Change 63.85% 25.81% 100.52%
SHAREHOLDERS EQUITY
Retained Earnings -$281.6M -$298.2M -$293.5M
YoY Change 8.41%
Common Stock $270.6M $265.9M $264.6M
YoY Change 6.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$11.02M -$32.35M -$28.84M
YoY Change
Total Liabilities & Shareholders Equity $13.16M $13.28M $14.34M
YoY Change 46.78% 49.09% 52.59%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $16.60M -$4.772M -$5.455M
YoY Change -301.7% -6327.89% 33.53%
Depreciation, Depletion And Amortization $143.6K $59.88K $18.18K
YoY Change 5961.05% 2561.33% 786.83%
Cash From Operating Activities -$3.488M -$3.222M -$3.360M
YoY Change 106.92% 176.08% 158.79%
INVESTING ACTIVITIES
Capital Expenditures $5.326K $1.030M -$4.420K
YoY Change -284.93% -34420.0% 100.0%
Acquisitions
YoY Change
Other Investing Activities -$1.000M
YoY Change -392.29%
Cash From Investing Activities -$5.326K -$2.030M -$4.420K
YoY Change 84.93% -698.47% 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.724M -87.95K -388.2K
YoY Change 79.21% -80.03% -779.71%
NET CHANGE
Cash From Operating Activities -3.488M -3.222M -3.360M
Cash From Investing Activities -5.326K -2.030M -4.420K
Cash From Financing Activities 2.724M -87.95K -388.2K
Net Change In Cash -769.0K -5.339M -3.752M
YoY Change 356.54% 320.98% 201.79%
FREE CASH FLOW
Cash From Operating Activities -$3.488M -$3.222M -$3.360M
Capital Expenditures $5.326K $1.030M -$4.420K
Free Cash Flow -$3.493M -$4.251M -$3.355M
YoY Change 107.59% 265.25% 158.89%

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AdjustmentsToAdditionalPaidInCapitalSubsidiaryEquityIssued
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
2774279
CY2021 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
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CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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CY2021 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
232175
CY2021 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1330078
CY2021 omex Adjustments To Additional Paid In Capital Subsidiary Equity Issued
AdjustmentsToAdditionalPaidInCapitalSubsidiaryEquityIssued
713879
CY2021 us-gaap Profit Loss
ProfitLoss
-16127780
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-62488638
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8812964
CY2022 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
2125627
CY2022 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
5888611
CY2022 us-gaap Profit Loss
ProfitLoss
-30883322
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-76544758
CY2022 us-gaap Profit Loss
ProfitLoss
-30883322
CY2021 us-gaap Profit Loss
ProfitLoss
-16127780
CY2020 us-gaap Profit Loss
ProfitLoss
-21092469
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
883156
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Depreciation
Depreciation
88389
CY2021 us-gaap Depreciation
Depreciation
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CY2020 us-gaap Depreciation
Depreciation
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CY2022 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
146896
CY2021 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
133993
CY2020 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
52213
CY2022 omex Amortization Of Loan Prepayment Premium
AmortizationOfLoanPrepaymentPremium
300000
CY2021 omex Amortization Of Loan Prepayment Premium
AmortizationOfLoanPrepaymentPremium
0
CY2020 omex Amortization Of Loan Prepayment Premium
AmortizationOfLoanPrepaymentPremium
0
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
295932
CY2021 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
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CY2020 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-150322
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
61009
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
0
CY2020 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
0
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
161084
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
145930
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
132764
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1811551
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1250585
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
420648
CY2022 omex Debt Instrument Gain Loss On Settlement Of Debt
DebtInstrumentGainLossOnSettlementOfDebt
0
CY2021 omex Debt Instrument Gain Loss On Settlement Of Debt
DebtInstrumentGainLossOnSettlementOfDebt
-5212902
CY2020 omex Debt Instrument Gain Loss On Settlement Of Debt
DebtInstrumentGainLossOnSettlementOfDebt
0
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3818750
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0
CY2022 us-gaap Accretion Expense
AccretionExpense
0
CY2021 us-gaap Accretion Expense
AccretionExpense
0
CY2020 us-gaap Accretion Expense
AccretionExpense
121398
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
374835
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-777484
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
342125
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0
CY2022 omex Beneficial Conversion Feature On Convertible Debt Interest Expense
BeneficialConversionFeatureOnConvertibleDebtInterestExpense
0
CY2021 omex Beneficial Conversion Feature On Convertible Debt Interest Expense
BeneficialConversionFeatureOnConvertibleDebtInterestExpense
232175
CY2020 omex Beneficial Conversion Feature On Convertible Debt Interest Expense
BeneficialConversionFeatureOnConvertibleDebtInterestExpense
0
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0
CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0
CY2020 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-732958
CY2022 omex Payment Of Operating Lease Liability
PaymentOfOperatingLeaseLiability
163171
CY2021 omex Payment Of Operating Lease Liability
PaymentOfOperatingLeaseLiability
142080
CY2020 omex Payment Of Operating Lease Liability
PaymentOfOperatingLeaseLiability
123152
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
241707
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
108610
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-261336
CY2022 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
12649
CY2021 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
0
CY2020 us-gaap Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
0
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
170798
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
181725
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-399082
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5974387
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6292180
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4563544
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14651375
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
13658052
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5583783
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9253809
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5425056
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9182205
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
342125
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1346424
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19137
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0
CY2022 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
1000000
CY2021 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0
CY2020 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2346424
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
322988
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2200000
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1375511
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3620977
CY2022 omex Proceeds From Sale Of Equity Of Subsidiary
ProceedsFromSaleOfEquityOfSubsidiary
0
CY2021 omex Proceeds From Sale Of Equity Of Subsidiary
ProceedsFromSaleOfEquityOfSubsidiary
713879
CY2020 omex Proceeds From Sale Of Equity Of Subsidiary
ProceedsFromSaleOfEquityOfSubsidiary
800000
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
5546736
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
355273
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
286198
CY2022 omex Repurchase Of Stockbased Awards Withheld For Payment Of Withholding Tax Requirements
RepurchaseOfStockbasedAwardsWithheldForPaymentOfWithholdingTaxRequirements
585936
CY2021 omex Repurchase Of Stockbased Awards Withheld For Payment Of Withholding Tax Requirements
RepurchaseOfStockbasedAwardsWithheldForPaymentOfWithholdingTaxRequirements
20503
CY2020 omex Repurchase Of Stockbased Awards Withheld For Payment Of Withholding Tax Requirements
RepurchaseOfStockbasedAwardsWithheldForPaymentOfWithholdingTaxRequirements
228116
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1810800
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
89642
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
16512375
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11315000
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
500000
CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10768903
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1213614
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15132021
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-831330
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3888454
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5949816
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2274751
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6163205
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213389
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1443421
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2274751
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6163205
CY2022 us-gaap Interest Paid Net
InterestPaidNet
222731
CY2021 us-gaap Interest Paid Net
InterestPaidNet
0
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1275269
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2022 us-gaap Stock Issued1
StockIssued1
403007
CY2021 us-gaap Stock Issued1
StockIssued1
100000
CY2020 us-gaap Stock Issued1
StockIssued1
278602
CY2022 omex Accrued Expenses Converted To Equity
AccruedExpensesConvertedToEquity
497000
CY2021 omex Accrued Expenses Converted To Equity
AccruedExpensesConvertedToEquity
0
CY2020 omex Accrued Expenses Converted To Equity
AccruedExpensesConvertedToEquity
0
CY2022 omex Accounts Payable Settled With Equity Value
AccountsPayableSettledWithEquityValue
0
CY2021 omex Accounts Payable Settled With Equity Value
AccountsPayableSettledWithEquityValue
0
CY2020 omex Accounts Payable Settled With Equity Value
AccountsPayableSettledWithEquityValue
50000
CY2022 omex Gain On Debt Forgiveness
GainOnDebtForgiveness
0
CY2021 omex Gain On Debt Forgiveness
GainOnDebtForgiveness
370400
CY2020 omex Gain On Debt Forgiveness
GainOnDebtForgiveness
0
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1400000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0
CY2022 omex Capital Expenditures Included In Accounts Payable
CapitalExpendituresIncludedInAccountsPayable
70398
CY2021 omex Capital Expenditures Included In Accounts Payable
CapitalExpendituresIncludedInAccountsPayable
0
CY2020 omex Capital Expenditures Included In Accounts Payable
CapitalExpendituresIncludedInAccountsPayable
0
CY2022 omex Conversion Of Accounts Receivable To Note Receivable
ConversionOfAccountsReceivableToNoteReceivable
503059
CY2021 omex Conversion Of Accounts Receivable To Note Receivable
ConversionOfAccountsReceivableToNoteReceivable
0
CY2020 omex Conversion Of Accounts Receivable To Note Receivable
ConversionOfAccountsReceivableToNoteReceivable
0
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3117731
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
916158
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1112293
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-23140750
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:6.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:9.067%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Management used estimates and assumptions in preparing these consolidated financial statements in accordance with U.S. GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.</span></p>
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:6.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Reclassifications</span></p><p style="text-indent:9.067%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Certain reclassifications have been made to the 2021 consolidated financial statements in order to conform to the classifications used in 2022</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">. The reclassifications had no impact to operations or working capital.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-9956395
CY2022 omex Short Term Investments Maturity Period
ShortTermInvestmentsMaturityPeriod
P3M
CY2022 omex Exploration License Impairments
ExplorationLicenseImpairments
0
CY2021 omex Exploration License Impairments
ExplorationLicenseImpairments
0
CY2020 omex Exploration License Impairments
ExplorationLicenseImpairments
0
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17310915
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13296687
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10538114
CY2022 us-gaap Accelerated Share Repurchases Final Price Paid Per Share
AcceleratedShareRepurchasesFinalPricePaidPerShare
4.22
CY2021 us-gaap Accelerated Share Repurchases Final Price Paid Per Share
AcceleratedShareRepurchasesFinalPricePaidPerShare
6.50
CY2020 us-gaap Accelerated Share Repurchases Final Price Paid Per Share
AcceleratedShareRepurchasesFinalPricePaidPerShare
5.06
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-14812156
CY2022 omex Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-23140750
CY2021 omex Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-9956395
CY2020 omex Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-14812156
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17310915
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13296687
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10538114
CY2022 omex Shares Used In Computation For Earning Per Share Basic
SharesUsedInComputationForEarningPerShareBasic
17310915
CY2021 omex Shares Used In Computation For Earning Per Share Basic
SharesUsedInComputationForEarningPerShareBasic
13296687
CY2020 omex Shares Used In Computation For Earning Per Share Basic
SharesUsedInComputationForEarningPerShareBasic
10538114
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.34
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.34
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.75
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.75
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.41
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.41
CY2022Q4 us-gaap Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
0
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7515
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
268867
CY2022Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1576717
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
0
CY2022Q4 us-gaap Loans Payable
LoansPayable
46743703
CY2021Q4 us-gaap Loans Payable
LoansPayable
41878777
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
484009
CY2022Q4 us-gaap Accounts Payable Interest Bearing Interest Rate
AccountsPayableInterestBearingInterestRate
0.12
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
722025
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
732562
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
225403
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
44068
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
947428
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
776630
CY2022Q4 omex Property Plant And Equipment Gross Including Right Of Use Asset
PropertyPlantAndEquipmentGrossIncludingRightOfUseAsset
8437051
CY2021Q4 omex Property Plant And Equipment Gross Including Right Of Use Asset
PropertyPlantAndEquipmentGrossIncludingRightOfUseAsset
6064024
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5390559
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5584881
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3046492
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
479143
CY2022Q4 omex Collateral Asset Carrying Value
CollateralAssetCarryingValue
0
CY2022 us-gaap Debt Conversion Description
DebtConversionDescription
Anytime from 30 days after the maturity date, 37N had the option to convert all or a portion of the outstanding amount of the indebtedness into conversion shares equal to the quotient obtained by dividing (A) 125% of the amount of the indebtedness, by (B) the lower of $5.94 and 70% of the 10-day VWAP.
CY2022 omex Percentage Of Shares Outstanding Post Conversion
PercentageOfSharesOutstandingPostConversion
0.199
CY2022 omex Percentage Of Outstanding Voting Securities
PercentageOfOutstandingVotingSecurities
0.199
CY2022 omex Percentage Of Payment Of Unpaid Principal Amount
PercentageOfPaymentOfUnpaidPrincipalAmount
1.10
CY2022Q3 us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
From the maturity date to 29 days after the maturity date (July 24, 2022), we were permitted to prepay all (but not less than) an amount equal to 115% of the unpaid amount of the indebtedness.
CY2022Q3 omex Percentage Of Payment Of Unpaid Principal Amount
PercentageOfPaymentOfUnpaidPrincipalAmount
1.15
CY2022Q3 us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
Anytime, after the 30th day after the maturity date (July 25, 2022), we were permitted to prepay all (but not less than) an amount equal to 125% of the unpaid amount of the indebtedness
CY2022Q3 omex Percentage Of Payment Of Unpaid Principal Amount
PercentageOfPaymentOfUnpaidPrincipalAmount
1.25
CY2022 omex Prepayment Notice Prior To Repayment Period
PrepaymentNoticePriorToRepaymentPeriod
P10D
CY2022 omex Exercise Notice Period
ExerciseNoticePeriod
P10D
CY2022 omex Percentage Of Number Of Shares Issued After Exercise Notice
PercentageOfNumberOfSharesIssuedAfterExerciseNotice
0.199
CY2022 omex Percentage Of Payment Of Unpaid Principal Amount After Exercise Notice
PercentageOfPaymentOfUnpaidPrincipalAmountAfterExerciseNotice
1.30
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2200000
CY2022 omex Percentage Of Face Value Of Note
PercentageOfFaceValueOfNote
1.10
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
25011049
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
354187
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1655761
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
470546
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1475522
CY2022Q4 omex Earnest Money Deposit
EarnestMoneyDeposit
657331
CY2021Q4 omex Earnest Money Deposit
EarnestMoneyDeposit
450000
CY2022Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
35131587
CY2021Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
21875753
CY2022Q4 omex Accrued Exploration License Fees
AccruedExplorationLicenseFees
3867553
CY2021Q4 omex Accrued Exploration License Fees
AccruedExplorationLicenseFees
1765301
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
40481204
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
27222337
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
238651
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.95
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2022Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
4939515
CY2022Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
4939515
CY2022Q3 omex Offering Fees Withheld To Cover Offering Costs
OfferingFeesWithheldToCoverOfferingCosts
1800000
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
3.35
CY2022Q3 omex Purchase Price Of Warrant
PurchasePriceOfWarrant
3.35
CY2022Q3 omex Class Of Warrant Or Right Expiration Beginning Date
ClassOfWarrantOrRightExpirationBeginningDate
2022-12-10
CY2022Q3 omex Class Of Warrant Or Right Expiration Date
ClassOfWarrantOrRightExpirationDate
2027-06-10
CY2020Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
2553314
CY2020Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1901985
CY2020Q3 omex Offering Fees Withheld To Cover Offering Costs
OfferingFeesWithheldToCoverOfferingCosts
300000
CY2020Q3 omex Offering Fee Included In Offering Expenses
OfferingFeeIncludedInOfferingExpenses
200000
CY2020Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
0.6
CY2020Q3 omex Purchase Price Of Warrant
PurchasePriceOfWarrant
4.543
CY2020Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
4.75
CY2022Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
4939515
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
3.35
CY2022Q3 omex Class Of Warrant Or Right Expiration Beginning Date
ClassOfWarrantOrRightExpirationBeginningDate
2022-12-10
CY2022Q3 omex Class Of Warrant Or Right Expiration Date
ClassOfWarrantOrRightExpirationDate
2027-06-10
CY2020Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1901985
CY2020Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
4.75
CY2022 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
20
CY2022 omex Number Of Stock Incentive Plans
NumberOfStockIncentivePlans
3
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1811551
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1250585
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
420648
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
238651
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.95
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
238651
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.95
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
621348
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.60
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
859999
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.02
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y29D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
238651
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.95
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y9M25D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
238651
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.95
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y9M25D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
602591
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.49
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M15D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
127605
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
55392
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
98129
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
202587
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
55392
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
98129
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1412087
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
628767
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y21D
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
859999
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y29D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
7.02
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
8392466
CY2022 omex Gain Loss On Cuota Appreciation Rights Extinguishment
GainLossOnCuotaAppreciationRightsExtinguishment
315235
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2022Q4 omex Deferred Tax Assets Net Operating Loss And Capital Loss Carryforwards
DeferredTaxAssetsNetOperatingLossAndCapitalLossCarryforwards
83383006
CY2021Q4 omex Deferred Tax Assets Net Operating Loss And Capital Loss Carryforwards
DeferredTaxAssetsNetOperatingLossAndCapitalLossCarryforwards
72201754
CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
5514
CY2021Q4 omex Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Expenses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedExpenses
363149
CY2022Q4 omex Deferred Tax Assets Start Up Costs
DeferredTaxAssetsStartUpCosts
6033
CY2021Q4 omex Deferred Tax Assets Start Up Costs
DeferredTaxAssetsStartUpCosts
5664
CY2022Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
240231
CY2021Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
259667
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1806546
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1429488
CY2022Q4 omex Deferred Tax Assets Debt Extinguishment
DeferredTaxAssetsDebtExtinguishment
61945
CY2021Q4 omex Deferred Tax Assets Debt Extinguishment
DeferredTaxAssetsDebtExtinguishment
58161
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
85268067
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
74138667
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
229694
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
184730
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
50174
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
10434
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
179520
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
174296
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
229694
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
184730
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
85268067
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
74138667
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
11129400
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6485498
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3386834
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4429419
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1698583
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-570116
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-940302
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
78422
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-56839
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
150238
CY2022 omex Income Tax Reconciliation Sub Part F Income
IncomeTaxReconciliationSubPartFIncome
33040
CY2021 omex Income Tax Reconciliation Sub Part F Income
IncomeTaxReconciliationSubPartFIncome
735229
CY2020 omex Income Tax Reconciliation Sub Part F Income
IncomeTaxReconciliationSubPartFIncome
345006
CY2021 omex Income Tax Reconciliation Debt Extinguishment
IncomeTaxReconciliationDebtExtinguishment
0
CY2020 omex Income Tax Reconciliation Debt Extinguishment
IncomeTaxReconciliationDebtExtinguishment
91266
CY2021 omex Income Tax Reconciliation Litigation Funding
IncomeTaxReconciliationLitigationFunding
0
CY2020 omex Income Tax Reconciliation Litigation Funding
IncomeTaxReconciliationLitigationFunding
2482252
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11480322
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6229371
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4815784
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-3407703
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2950811
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2514825
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2022Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
4939515
CY2022Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
4939515
CY2022Q2 omex Offering Fees Withheld To Cover Offering Costs
OfferingFeesWithheldToCoverOfferingCosts
1800000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1443421
CY2022Q4 omex Working Capital Deficit
WorkingCapitalDeficit
60700000
CY2022Q4 us-gaap Assets
Assets
13300000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1443421
CY2022Q4 omex Percentage Of Annual Rent Accretion In Operating Lease
PercentageOfAnnualRentAccretionInOperatingLease
0.03
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
218000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
216000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
194000
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
299606
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
390278
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
358409
CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
286409
CY2022Q1 us-gaap Gross Profit
GrossProfit
299606
CY2022Q2 us-gaap Gross Profit
GrossProfit
390278
CY2022Q3 us-gaap Gross Profit
GrossProfit
358409
CY2022Q4 us-gaap Gross Profit
GrossProfit
286409
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-8230229
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-4683485
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-5455229
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-4771807
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.57
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.57
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.30
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
CY2021Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
291676
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
182334
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
197051
CY2021Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
250177
CY2021Q1 us-gaap Gross Profit
GrossProfit
291676
CY2021Q2 us-gaap Gross Profit
GrossProfit
182334
CY2021Q3 us-gaap Gross Profit
GrossProfit
197051
CY2021Q4 us-gaap Gross Profit
GrossProfit
250177
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3720218
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-2227499
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-4085297
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
76619
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02

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