Christopher H. Constable
Effective May 21, 2024, Christopher H. Constable resigned as a member of board of directors of Brownie’s Marine Group, Inc.
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 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 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 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 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.
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 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%.
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