---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-039804"
form_type: "8-K"
ticker: "BWMG"
cik: "0001166708"
company_name: "Brownie's Marine Group, Inc"
filed_at: "2026-08-24T15:59:13+00:00"
generated_at: "2026-08-24T16:00:07.960103+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Brownie's Marine restates Q2 2026 10-Q; net income cut to $218,658 from $580,542

## Summary
- Board concludes June 30, 2026 10-Q financials no longer reliable; will file amendment.
- Restated operating results swing from loss of $151,080 to income of $22,716 for three months ended June 30, 2026.
- Net income restated down to $218,658 from originally reported $580,542; related-party interest adjustment out-of-period.
- Errors stem from using wrong reporting year and period-end close control deficiencies; material weaknesses in internal controls.
- Remediation includes enhanced reviews, AI-enabled analytical testing, and personnel changes; auditor Bush & Associates concurs.

## SEC filing metadata
- accession: 0001493152-26-039804
- form_type: 8-K
- ticker: BWMG
- cik: 0001166708
- company_name: Brownie's Marine Group, Inc
- filed_at: 2026-08-24T15:59:13+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166708/000149315226039804/0001493152-26-039804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166708/000149315226039804/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-039804
- JSON: https://secwatch.observer/filing/0001493152-26-039804.json
- Plain text: https://secwatch.observer/filing/0001493152-26-039804.txt

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