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Brownie’s Marine restates Q2 net income to USD 218,658 in amended 10-Q filing

Brownie’s Marine restates Q2 net income to USD 218,658 in amended 10-Q filing

ReutersReuters2026/09/10 18:41
  • Brownie’s Marine Group issued restated quarterly financial results in a Form 10-Q/A for the six months ended June 30, 2026.
  • Net income totaled USD 711,688 for the six-month period. Net income was USD 218,658 for the quarter.
  • Total revenue was USD 4.49 million for the six months. Gross margin rose to 49.1% from 34.3% a year earlier.
  • Operating cash flow was USD 532,827 for the six months. Cash ended at USD 714,411.
  • Management cited material weaknesses in disclosure controls. The filing followed corrections to previously reported net income and operating results.


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: 0001493152-26-042129), on September 10, 2026, and is solely responsible for the information contained therein.

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