Brownie’s Marine restates June-quarter results, posts net income of $218,658

Reuters2026/08/24 21:32

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Brownie’s Marine Group filed a Form 10-Q/A restating results for the six months ended June 30, 2025.
Amendment corrects errors in profit-and-loss calculations for the three months ended June 30, 2026, including net income and other income.
Original Form 10-Q filed Aug. 4, 2026 was superseded; investors were told not to rely on the earlier financial statements.
Net income was USD 218,658 for the three months ended June 30, 2026; net income was USD 711,688 for the six months.
Management concluded disclosure controls were not effective as of June 30, 2026; remediation steps were launched to strengthen reporting controls.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brownie's Marine Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039921), on August 24, 2026, and is solely responsible for the information contained therein.

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Brownie’s Marine restates June-quarter results, posts net income of $218,658

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