---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-029656"
form_type: "8-K"
ticker: "BWMG"
cik: "0001166708"
company_name: "Brownie's Marine Group, Inc"
filed_at: "2021-11-23T23:59:59+00:00"
generated_at: "2026-06-28T05:40:41.104224+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brownie's Marine Q3 YTD revenue up 38% to $4.22M; net loss widens to $1.07M

## Summary
- YTD revenue $4.22M (+38.4% YoY); core (ex-Ventilator) up 38.9% to $4.22M.
- Operating loss YTD $(1.23M) vs $(0.70M) prior year; net loss $(1.07M) vs $(0.71M).
- Adjusted net loss (non-GAAP) $(110,689) vs adjusted net income $371,491 in 2020.
- Completed acquisition of Submersible Systems; BLU3 Nomad pre-launch at capacity.
- Cash $860,800; working capital surplus $1.74M; supply chain constraints cited.

## SEC filing metadata
- accession: 0001493152-21-029656
- form_type: 8-K
- ticker: BWMG
- cik: 0001166708
- company_name: Brownie's Marine Group, Inc
- filed_at: 2021-11-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166708/000149315221029656/0001493152-21-029656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166708/000149315221029656/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-029656
- JSON: https://secwatch.observer/filing/0001493152-21-029656.json
- Plain text: https://secwatch.observer/filing/0001493152-21-029656.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.