secwatch.observer — SEC 8-K summary
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Issuer:     Brownie's Marine Group, Inc (BWMG)
CIK:        0001166708
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001493152-22-030934
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brownie's Marine Q3 revenue +80% to $2.81M; YTD revenue +70% to $7.19M; adjusted net income positive
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- Q3 net revenues $2.81M (+80.2% YoY); YTD net revenues $7.19M (+70.2% YoY).
- Adjusted net income turned profitable: Q3 $141.9k (vs -$126.6k loss); YTD $144.9k (vs -$161.2k loss).
- BLU3 revenue surged 187% to $980k in Q3; LW Americas up 194% to $351k.
- GAAP net loss widened to -$284k in Q3 from -$90k due to non-cash stock-based compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166708/000149315222030934/0001493152-22-030934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166708/000149315222030934/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030934

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer