---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-015479"
form_type: "8-K"
ticker: "BWMG"
cik: "0001166708"
company_name: "Brownie's Marine Group, Inc"
filed_at: "2022-05-31T23:59:59+00:00"
generated_at: "2026-06-25T05:47:29.035963+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brownie's Marine Q1 revenue surges 107.5% to $1.97M; net loss flat at $444K

## Summary
- Total net revenues $1.97M vs $950.7K in Q1-2021, a 107.5% increase.
- Blu3 unit revenue jumped 137.5% to $794.6K, driving overall growth.
- Net loss remained essentially flat at $444.1K vs $441.0K year-over-year.
- Adjusted net loss widened to $178.6K from $97.5K, reflecting front-loaded investment spend.
- Company acquired Gold Coast Scuba assets in May 2022, forming new subsidiary Live Blue.

## SEC filing metadata
- accession: 0001493152-22-015479
- form_type: 8-K
- ticker: BWMG
- cik: 0001166708
- company_name: Brownie's Marine Group, Inc
- filed_at: 2022-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166708/000149315222015479/0001493152-22-015479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166708/000149315222015479/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-015479
- JSON: https://secwatch.observer/filing/0001493152-22-015479.json
- Plain text: https://secwatch.observer/filing/0001493152-22-015479.txt

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