---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-023669"
form_type: "8-K"
ticker: "BWMG"
cik: "0001166708"
company_name: "Brownie's Marine Group, Inc"
filed_at: "2022-08-22T23:59:59+00:00"
generated_at: "2026-06-23T22:11:21.190574+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brownie's Marine Q2 revenue up 40.2% to $2.40M; net loss widens to $329k

## Summary
- H1 revenue $4.37M (+64.3% YoY); BLU3 revenue $1.68M (+94.5%).
- Q2 net loss $328.7k vs $89.8k in prior year; adjusted net income $89.5k (+109.1%).
- Acquired Gold Coast Scuba assets; launched Live Blue subsidiary for guided tours/retail.
- Supply chain issues caused back-orders for BLU3 in June.
- Operating loss $(319)k vs $(248)k; depreciation/amortization $173k vs $65k.

## SEC filing metadata
- accession: 0001493152-22-023669
- form_type: 8-K
- ticker: BWMG
- cik: 0001166708
- company_name: Brownie's Marine Group, Inc
- filed_at: 2022-08-22T23:59:59+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/1166708/000149315222023669/0001493152-22-023669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166708/000149315222023669/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-023669
- JSON: https://secwatch.observer/filing/0001493152-22-023669.json
- Plain text: https://secwatch.observer/filing/0001493152-22-023669.txt

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