Highest-materiality recent filing
Brownie's Marine restates Q2 2026 10-Q; net income cut to $218,658 from $580,542
Board concludes June 30, 2026 10-Q financials no longer reliable; will file amendment.
Brownie's Marine Group appoints Mikkel Pitzner to board of directors
Mikkel Pitzner, age 58, appointed to board effective July 16, 2026.
Brownie's Marine acquires Sunrise Paddleboards for 42M shares in asset purchase
Live Blue, a wholly-owned subsidiary, acquires substantially all assets of Sunrise Paddleboards LLC.
Brownie's Marine issues 48.1M shares to CEO and director for accrued compensation
Issued 24,722,222 shares to CEO Robert Carmichael for $133,500 in accrued board compensation.
Brownie's Marine extends director notes totaling $430K maturity by 6 months
$150K note (Nov 2023) maturity extended from Nov 7, 2025 to May 7, 2026.
Annual base salary set at $246,000 effective November 1, 2025.
Brownie's Marine extends maturity on two notes from director Hyatt to Nov 2025; total $430K
Extended $150K note (Nov 2023) from May 7, 2025 to Nov 7, 2025.
Brownie's Marine extends maturity of two promissory notes from director Charles Hyatt
Extended maturity of $150,000 note from 2023 from May 7, 2024 to May 7, 2025.
Brownie's Marine Group changes independent auditor to Bush & Associates
Effective Oct 4, 2024, engaged Bush & Associates CPA as new independent auditor, replacing Assurance Dimensions.
Director Christopher Constable resigns from Brownie's Marine board over unauthorized 10-K filing
Christopher H. Constable resigned as director effective May 21, 2024.
Brownie's Marine Group issues $280K promissory note to director Charles Hyatt at 9.9% interest
Note principal $280,000 issued to director Charles Hyatt on Feb 8, 2024.
Brownie's Marine CEO Christopher Constable resigns; Chairman Robert Carmichael to assume role
Constable resignation effective July 7, 2023; he remains on board and consulting.
Brownie's Marine Q1 revenue down 17% YoY; net loss narrows but adjusted loss widens
Total net revenues $1.64M, down 17% YoY; net loss $327.9k vs $444.1k loss in Q1-2022.
Brownie's Marine revenue up 37.7% to $8.58M; net loss widens to $1.89M
Total revenue $8.58M for FY2022 vs $6.23M in FY2021, a 37.7% increase.
CPSC recall due to compressor head fracture causing restricted airflow; 21 reports of restricted airflow, no injuries.
Brownie's Marine Group files for recall of Nomad dive system due to fracture hazard
Submitted CPSC recall for Nomad tankless dive system; compressor head may fracture, causing restricted airflow and drowning hazard.
Brownie's Marine Q3 revenue +80% to $2.81M; YTD revenue +70% to $7.19M; adjusted net income positive
Q3 net revenues $2.81M (+80.2% YoY); YTD net revenues $7.19M (+70.2% YoY).
Brownie's Marine issues $66,793 convertible note, changes auditor, guarantees lease
Issued convertible demand note to Robert Carmichael for $66,793; convertible at 35% discount to 90-day VWAP.
Brownie's Marine raises $205k via private placement of units at $0.024/unit
Sold 216,666 units (208,333 on Sep 6, 2021; 8,333 on Sep 7, 2021) for gross proceeds of $205,000.
Brownie's Marine Q2 revenue up 40.2% to $2.40M; net loss widens to $329k
H1 revenue $4.37M (+64.3% YoY); BLU3 revenue $1.68M (+94.5%).
Brownie's Marine Q1 revenue surges 107.5% to $1.97M; net loss flat at $444K
Total net revenues $1.97M vs $950.7K in Q1-2021, a 107.5% increase.
Brownie's Marine acquires Gold Coast Scuba for $150K in cash and stock; 3.1M shares issued
Total consideration $150K ($30K cash + 3,084,831 shares at $0.0389); shares have staged leak-out restrictions.
Brownie's Marine reports FY2021 revenue up 56.4% to $6.24M; adjusted net loss narrows to $195K
Total revenue $6.24M for FY2021, up 56.4% from $3.98M in FY2020 (excluding one-time ventilator sale).
Brownie's Marine Group preannounces FY-2021 core revenue of $6.122M, up 52% YoY
FY-2021 core revenue expected ~$6.122M, up 52.5% from $4.016M in FY-2020 (excl. one-time ventilator sale).
Total cash, stock, and note consideration of $1.75M for Submersible, with $350K 8% convertible notes and 27.3M shares.
Brownie's Marine Q3 YTD revenue up 38% to $4.22M; net loss widens to $1.07M
YTD revenue $4.22M (+38.4% YoY); core (ex-Ventilator) up 38.9% to $4.22M.
Brownie's Marine to showcase products at Fort Lauderdale Boat Show, introduces BLU3 Nomad
Company's brands displayed Oct 27-31 at Ft. Lauderdale International Boat Show.
Brownie's Marine Group to showcase products at Annapolis boat shows Oct 7-18
Will display brands at US Power Boat Show (Oct 7-10) and Sailboat Show (Oct 14-18) in Annapolis, MD.
Brownie's Marine subsidiary BLU3 begins shipping Nomad pre-orders this week
BLU3, Inc. to ship first pre-ordered Nomad units week of October 4, 2021.
Brownie's Marine Group raises $365K in private placement of Units with warrants
Closed private placement of 14.6M Units at $0.025/Unit for gross proceeds of $365,000.
BLU3 partners with YouTube influencers for Nomad and Spare Air promotion
Influencers Joe Oceanside (29.7K subs) and Michael Oliver (224K subs) received Spare Air and Nomad units.
Brownie's Marine acquires Submersible Systems for $1.75M in stock and convertible notes
Total purchase price of $1,750,000 paid with $350,000 in 8% convertible notes and 27,305,442 shares of common stock (~$0.05127/share).
Brownie's Marine Group participates in coastal clean-up with Force Blue and Pepsi Stronger Together
Attended coastal conservation clean-up hosted by Force Blue & Pepsi Stronger Together on August 23, 2021 in Lauderdale-by-the-Sea.
Brownie's Marine subsidiary BLU3 partners with Pure Florida for Instagram giveaway campaign
BLU3 partners with Pure Florida for a week-long Instagram giveaway of a free Nemo diving system.
Brownie's Marine Q2 revenue up 29.7% to $1.71M; adjusted net income positive
Total net revenue $1.71M, +29.7% YoY; core revenue ex-ventilator up 98.6%.
Brownie's Marine signs binding term sheet to acquire Submersible Systems for $1.75M
Acquires all membership interests of Submersible Systems, LLC, which designs/manufactures scuba, diving, and rescue equipment.
Effective May 21, 2024, Christopher H. Constable resigned as a member of board of directors of Brownie’s Marine Group, Inc.
Robert Carmichael, the Company’s Chairman, President and Chief Financial Officer, will assume the role of Chief Executive Officer on July 7, 2023.
On June 24, 2023, Christopher Constable submitted his resignation as Chief Executive Officer of Brownie’s Marine Group, Inc., a Florida corporation (the “Company”) effective July 7, 2023.
Max materiality 0.80 · Median 0.55 · Most common event other_material