Brownie's Marine Group, INC 10-Q quarterly reports

Brownies Marine Group, Inc. filed its Q2 2026 10-Q, showing revenue growth but continuing to face substantial doubt regarding its ability to continue as a going concern.

Brownies Marine Group reported a 16.1% decrease in net revenues for Q1 2026 compared to Q1 2025, driven by lower sales in BTL and BLU3, though gross profit margin improved to 46.4%.

Brownies Marine Group reported a net income of $277,574 for the nine months ended September 30, 2025, a significant improvement from the prior year's loss, despite a slight revenue decrease.

Brownies Marine Group, Inc. reported a significant turnaround to net income and positive operating cash flow for the first half of 2025, despite ongoing concerns about its ability to continue as a going concern.

Brownies Marine Group reported a net income of $67,259 for the first six months of 2025, a significant turnaround from a loss in the prior year, despite a slight decrease in overall revenues.

Brownies Marine Group, Inc. reported a significantly reduced net loss of $54,468 for Q1 2025 compared to the prior year, despite a decrease in total net revenues, while acknowledging substantial doubt about its ability to continue as a going concern.

Brownies Marine Group saw a revenue increase and improved gross profit margin in the third quarter of 2024, but continues to face challenges related to internal controls and going concern.

Brownies Marine Group saw a revenue increase in the second quarter of 2024, but continued to experience net losses and concerns about its ability to continue as a going concern.

Brownies Marine Group experienced a slight decrease in net revenues and increased operating expenses in the first quarter of 2024, alongside ongoing concerns about its ability to continue as a going concern.