Ocean Biomedical, Inc.

Ocean Biomedical, Inc.

OCEA
Ocean Biomedical, Inc.US flagOther OTC
0.00
USD
- -
- -
59,316.00Market Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.01
-0.08
-3.09
-0.48
-4.35
-0.34
-0.63
Free Cash Flow per Basic Share
- -
- -
-0.05
-0.03
-0.36
-0.15
-0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.01
-0.09
5.27
-2.24
-7.46
-7.47
-4.39
Tangible Book Value per Share
-0.01
-0.09
5.21
-0.3
-3.45
-3.55
-1.9
Basic Weighted Avg Shares
20
20
20
36
26
28
49
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-2
-62
-17
-114
-9
-31
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
-2
1
-11
-28
-33
-25
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
-2
105
-11
-91
-98
-92
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
-5.47
Return on Common Equity (%)
- -
- -
- -
-0.89
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
13
16
9
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
35
166
Market Capitalization
27
15
3

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
34
34
27
Payables & Accruals
17
16
17
ST Debt
13
16
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-867.04%
7.55%
Free Cash Flow
- -
- -
-55.67%
Net Income, GAAP
- -
935.92%
-91.72%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-2.9
-0.43
-0.53
- -
-4.35
2024
0.48
-0.63
-0.2
- -
-0.34
2025
-0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Inderjote Kathuria
Full Time Employees
7
Sector
Healthcare
Industry
Biotechnology
Address
Room 325, 55 Claverick Street Providence RI United States of America 02903
IPO Date
Nov 8, 2021
Business
Ocean Biomedical, Inc. (NASDAQ:OCEA) is a biopharmaceutical company focused on discovering and developing novel therapeutic products targeting oncology, fibrosis, and infectious diseases primarily in the United States. The company's core pipeline includes oncology candidates such as OCX-253, an anti-Chi3l1 single-target monoclonal antibody, and OCX-410, an anti-Chi3l1/PD-1 bi-specific antibody, both for non-small cell lung cancer; OCX-909, an anti-Chi3l1/CTLA-4 bi-specific antibody for glioblastoma multiforme; a small molecule targeting Chit1 for idiopathic pulmonary fibrosis and Hermansky-Pudlak syndrome in its fibrosis program; and infectious disease candidates comprising therapeutic and vaccine programs against malaria based on PfSEA-1 and PfGARP antigens. Founded in 2019 by Dr. Chirinjeev Kathuria and Dr. Jack A. Elias as a Brown University spin-off, Ocean Biomedical maintains headquarters in Providence, Rhode Island, and collaborates with leading global research institutions to advance preclinical programs toward clinical trials. Recent developments include a October 2024 strategic investment securing a 22% ownership stake in Virion Therapeutics for $9 million in cash and equity to expand its pharmaceutical influence; an exclusive licensing agreement with Poland-based Molecure (WSE:MOC) for the selective YKL-40 inhibitor program, including lead molecule OAT-3912; February 2025 publication of breakthrough findings on its EGFR-mutated cancer immunotherapy candidates; and an April 2025 expansion into energy and digital asset sectors to generate stable cash flow supporting its biopharma operations.

Company News

APIChat
  • Ocean Biomedical Announces Breakthrough Findings in EGFR-Mutant Lung Cancer and Plans for FDA Alignment on Next-Stage Development

  • Ocean Biomedical Advances Malaria Vaccine Research with New NIH Funding and Expedited Development Pathway

  • Ocean Biomedical, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

  • Ocean Biomedical, Inc. Announces Receipt of Nasdaq Staff Determination Letter

  • Molecure (WSE: MOC) and Nasdaq-listed biotechnology company Ocean Biomedical (NASDAQ: OCEA) sign an exclusive licensing agreement for the development and commercialization of selective YKL-40 inhibitors.

  • Ocean Biomedical, Inc. (NASDAQ: OCEA) Announces Publication of New Data Deepening Understanding of Novel Cancer Immunotherapy Treatment Approach Targeting CHI3L1 and its Ability to Inhibit Anti-tumor and Related Tissue Remodeling Responses

  • Ocean Biomedical, Inc. (NASDAQ: OCEA) Announces Patent Issued for PfGARP Malaria Antibodies Central to Company's Malaria Treatment and Prevention Platforms

  • Ocean Biomedical, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

  • 3 Trending Biotech Penny Stocks

  • Ocean Biomedical (NASDAQ: OCEA) Congratulates Joint Venture Partner, Virion Therapeutics, on Positive Immunogenicity Results from Their Lead Checkpoint Modifier-Containing Immunotherapy, VRON-0200, for HBV Functional Cure, at EASL 2024

  • Ocean Biomedical, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

  • Ocean Biomedical, Inc. (NASDAQ: OCEA) Announces Patent Allowance for Malaria Antibodies That Have Potential Capability to Protect Against Infection and Treat Severe Disease

  • Ocean Biomedical, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

  • Ocean Biomedical (NASDAQ: OCEA) Congratulates JV Partner, Virion Therapeutics, on Promising First-Ever Human Phase 1B Clinical Safety Data for Their Lead Checkpoint Modifier-Containing Immunotherapy for HBV Functional Cure, at Global APASL

  • Ocean Biomedical (NASDAQ: OCEA) Announces Joint Venture Partner, Virion Therapeutics to Present Their First Clinical Study Data as an Accepted Late Breaker Presentation at 2024 APASL Global Liver Meeting

  • Should You Sell Your Penny Stocks? 3 Tips for When to Sell

  • Ocean Biomedical, Inc. Announces Publication of Groundbreaking Breast Cancer Research Uncovering a New Tumor Suppression Pathway for Its Proprietary Anti-Chi3L1 Antibody

  • Ocean Biomedical, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

  • Ocean Biomedical (NASDAQ: OCEA) Announces Positive Preclinical Oncology Data for VRON-0300, Presented at SITC 2023 Annual Meeting, and Clinical Updates by 50/50 Joint Venture Partner Virion Therapeutics

  • Virion Therapeutics and Joint Venture Partner, Ocean Biomedical (NASDAQ: OCEA), Announce First Patients Dosed with Novel Immunotherapy Evaluating a Functional Cure for Chronic Hepatitis B Virus Infection