OceanTech Acquisitions I Corp. financial data

Industry
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Location
515 Madison Ave., Suite 8133, New York, NY
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2024 - May 28, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.99 % -7.98%
Debt-to-equity -101 % +0.6%
Return On Equity 24.3 % -40.9%
Return On Assets -29.9 % -431%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.5M shares
Entity Public Float 8.82M USD

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 3.03M USD -20.5%
Operating Income (Loss) -2.85M USD -18.1%
Nonoperating Income (Expense) 129K USD -50%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.59M USD -51.5%
Income Tax Expense (Benefit) 9.56K USD
Net Income (Loss) Attributable to Parent -2.79M USD +21%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 17.2K USD +5.17%
Marketable Securities, Current 10.2M USD
Assets, Current 17.2K USD +5.17%
Assets 9.31M USD -53.5%
Accounts Payable, Current 90.3K USD
Liabilities, Current 6.1M USD +99.1%
Other Liabilities, Noncurrent 2M USD 0%
Liabilities 13M USD +34%
Retained Earnings (Accumulated Deficit) -14.6M USD -23.7%
Stockholders' Equity Attributable to Parent -13.1M USD -36.7%
Liabilities and Equity 9.31M USD -53.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -252K USD -256%
Net Cash Provided by (Used in) Financing Activities 100K USD -76.6%
Net Cash Provided by (Used in) Investing Activities 68.5K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -84K USD -331%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 17.2K USD +5.17%
Deferred Tax Assets, Valuation Allowance 920K USD +12.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 920K USD +12.8%
Deferred Tax Assets, Operating Loss Carryforwards 7.84K USD -79.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 1.46M USD -33.3%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 49.2K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%