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[NT 10-Q] Odyssey Marine Exploration, Inc SEC Filing

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
NT 10-Q
Rhea-AI Filing Summary

Odyssey Marine Exploration filed a Form NT 10-Q notification indicating it could not timely file its quarterly report for the period ended June 30, 2025 and intends to file the Form 10-Q within the five-calendar-day extension provided under Rule 12b-25. The notice names Susan Fennessey as the contact and states that other periodic reports required over the prior 12 months have been filed. The company does not anticipate a significant change in operating results versus the prior-year period.

Odyssey Marine Exploration ha presentato un avviso Form NT 10-Q indicando di non essere stata in grado di depositare tempestivamente il rapporto trimestrale relativo al periodo chiuso il 30 giugno 2025 e ha intenzione di presentare il Form 10-Q entro l’estensione di cinque giorni solari prevista dalla Rule 12b-25. L’avviso indica Susan Fennessey come persona di contatto e specifica che gli altri rapporti periodici richiesti nei precedenti 12 mesi sono stati depositati. La società non prevede una variazione significativa dei risultati operativi rispetto al periodo dell’anno precedente.

Odyssey Marine Exploration presentó una notificación Form NT 10-Q indicando que no pudo presentar a tiempo su informe trimestral correspondiente al periodo cerrado el 30 de junio de 2025 y tiene la intención de presentar el Form 10-Q dentro de la prórroga de cinco días naturales prevista por la Regla 12b-25. La notificación nombra a Susan Fennessey como contacto y afirma que los demás informes periódicos exigidos en los últimos 12 meses han sido presentados. La compañía no anticipa un cambio significativo en los resultados operativos respecto al mismo periodo del año anterior.

오디세이 마린 익스플로레이션은 Form NT 10-Q 통지서를 제출하여 2025년 6월 30일로 종료되는 분기 보고서를 적시에 제출하지 못했음을 알리고, Rule 12b-25에 따라 제공되는 5일(영업일 아닌 달력일) 연장 기간 내에 Form 10-Q를 제출할 예정이라고 밝혔습니다. 통지서에는 연락처로 Susan Fennessey가 명시되어 있으며, 지난 12개월 동안 요구된 다른 정기 보고서들은 제출되었음이 기재되어 있습니다. 회사는 전년 동기 대비 영업 실적에 중대한 변동이 있을 것으로 예상하지 않습니다.

Odyssey Marine Exploration a déposé une notification Form NT 10-Q indiquant qu’elle n’a pas pu déposer dans les délais son rapport trimestriel pour la période close le 30 juin 2025 et entend déposer le Form 10-Q dans le délai de cinq jours civils prévu par la Rule 12b-25. L’avis désigne Susan Fennessey comme personne-ressource et précise que les autres rapports périodiques requis au cours des 12 derniers mois ont été déposés. La société ne prévoit pas de variation significative des résultats d’exploitation par rapport à la même période de l’année précédente.

Odyssey Marine Exploration reichte eine Form NT 10-Q-Benachrichtigung ein, in der angegeben wurde, dass das Quartalsbericht für den zum 30. Juni 2025 endenden Zeitraum nicht fristgerecht eingereicht werden konnte, und dass beabsichtigt wird, das Form 10-Q innerhalb der fünf Kalendertage umfassenden Verlängerung nach Rule 12b-25 einzureichen. Die Mitteilung nennt Susan Fennessey als Ansprechpartnerin und weist darauf hin, dass die in den letzten 12 Monaten erforderlichen anderen periodischen Berichte eingereicht wurden. Das Unternehmen rechnet nicht mit einer wesentlichen Änderung der Betriebsergebnisse gegenüber dem Vorjahreszeitraum.

Positive
  • Intent to file within the five-calendar-day extension under Rule 12b-25
  • All other required periodic reports for the prior 12 months have been filed
  • Company does not anticipate a significant change in results compared to the prior-year period
Negative
  • Quarterly report (Form 10-Q) could not be filed timely, triggering a Rule 12b-25 notice
  • Notice does not explain the cause of the delay, leaving uncertainty until the Form 10-Q is filed

Insights

TL;DR: Routine Rule 12b-25 delay notice; intent to file within the five-day extension and no expected material earnings change.

This filing is a standard notification under Rule 12b-25 that permits a short extension to file a quarterly report. It documents the company's intent to cure the delinquency within the five-calendar-day remedy period and confirms that other required periodic reports for the prior 12 months have been filed. For investors and regulators, the key points are the affirmative intent to file promptly and the representation that no significant change in results is expected, which reduces immediate disclosure risk. This notice does not contain financial statements or explain the reason for the filing delay.

TL;DR: Administrative delay with stated resolution timeline; minimal investor impact stated.

The document serves to notify stakeholders of a timing issue rather than to disclose operational or financial problems. Naming a specific contact provides a channel for follow-up, and the statement that other periodic reports are current supports continuity of disclosure. Because the company explicitly denies an anticipated material change in quarterly results, this notice is likely to be treated as neutral by the market unless followed by further disclosures revealing substantive reasons for the delay.

Odyssey Marine Exploration ha presentato un avviso Form NT 10-Q indicando di non essere stata in grado di depositare tempestivamente il rapporto trimestrale relativo al periodo chiuso il 30 giugno 2025 e ha intenzione di presentare il Form 10-Q entro l’estensione di cinque giorni solari prevista dalla Rule 12b-25. L’avviso indica Susan Fennessey come persona di contatto e specifica che gli altri rapporti periodici richiesti nei precedenti 12 mesi sono stati depositati. La società non prevede una variazione significativa dei risultati operativi rispetto al periodo dell’anno precedente.

Odyssey Marine Exploration presentó una notificación Form NT 10-Q indicando que no pudo presentar a tiempo su informe trimestral correspondiente al periodo cerrado el 30 de junio de 2025 y tiene la intención de presentar el Form 10-Q dentro de la prórroga de cinco días naturales prevista por la Regla 12b-25. La notificación nombra a Susan Fennessey como contacto y afirma que los demás informes periódicos exigidos en los últimos 12 meses han sido presentados. La compañía no anticipa un cambio significativo en los resultados operativos respecto al mismo periodo del año anterior.

오디세이 마린 익스플로레이션은 Form NT 10-Q 통지서를 제출하여 2025년 6월 30일로 종료되는 분기 보고서를 적시에 제출하지 못했음을 알리고, Rule 12b-25에 따라 제공되는 5일(영업일 아닌 달력일) 연장 기간 내에 Form 10-Q를 제출할 예정이라고 밝혔습니다. 통지서에는 연락처로 Susan Fennessey가 명시되어 있으며, 지난 12개월 동안 요구된 다른 정기 보고서들은 제출되었음이 기재되어 있습니다. 회사는 전년 동기 대비 영업 실적에 중대한 변동이 있을 것으로 예상하지 않습니다.

Odyssey Marine Exploration a déposé une notification Form NT 10-Q indiquant qu’elle n’a pas pu déposer dans les délais son rapport trimestriel pour la période close le 30 juin 2025 et entend déposer le Form 10-Q dans le délai de cinq jours civils prévu par la Rule 12b-25. L’avis désigne Susan Fennessey comme personne-ressource et précise que les autres rapports périodiques requis au cours des 12 derniers mois ont été déposés. La société ne prévoit pas de variation significative des résultats d’exploitation par rapport à la même période de l’année précédente.

Odyssey Marine Exploration reichte eine Form NT 10-Q-Benachrichtigung ein, in der angegeben wurde, dass das Quartalsbericht für den zum 30. Juni 2025 endenden Zeitraum nicht fristgerecht eingereicht werden konnte, und dass beabsichtigt wird, das Form 10-Q innerhalb der fünf Kalendertage umfassenden Verlängerung nach Rule 12b-25 einzureichen. Die Mitteilung nennt Susan Fennessey als Ansprechpartnerin und weist darauf hin, dass die in den letzten 12 Monaten erforderlichen anderen periodischen Berichte eingereicht wurden. Das Unternehmen rechnet nicht mit einer wesentlichen Änderung der Betriebsergebnisse gegenüber dem Vorjahreszeitraum.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 12b-25

 

 

NOTIFICATION OF LATE FILING

 

(Check one):   

☐ Form 10-K  ☐ Form 20-F  ☐ Form 11-K  ☒ Form 10-Q 

☐ Form 10-D  ☐ Form N-CEN  ☐ Form N-CSR

  For Period Ended: June 30, 2025
  ☐ Transition Report on Form 10-K
  ☐ Transition Report on Form 20-F
  ☐ Transition Report on Form 11-K
  ☐ Transition Report on Form 10-Q
  For the Transition Period Ended:      

 

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:

 

   

 

PART I — REGISTRANT INFORMATION

Odyssey Marine Exploration, Inc.

Full name of registrant:

Not applicable

Former name if applicable:

205 S. Hoover Blvd., Suite 210

Address of principal executive office (Street and number):

Tampa, Florida 33609

City, state and zip code:

 

 

PART II — RULES 12b-25(b) and (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)

 

    (a)   The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
 
☒     (b)   The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
 
    (c)   The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

 

PART III — NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Odyssey Marine Exploration, Inc. (the “Company”) was unable without unreasonable effort and expense to prepare its accounting records and schedules in sufficient time to allow its independent registered public accounting firm to complete its review of the Company’s financial statements for the period ended June 30, 2025, before the required filing date for the Quarterly Report on Form 10-Q. The Company intends to file the subject Quarterly Report on Form 10-Q on or before the fifth calendar day following the prescribed due date.

 

 

PART IV — OTHER INFORMATION

 

(1)     Name and telephone number of person to contact in regard to this notification:
    Susan Fennessey     (813)     876-1776
    (Name)     (Area Code)     (Telephone Number)
(2)     Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).  ☒ Yes ☐ No
(3)     Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?  ☐ Yes ☒ No
    If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

 

Odyssey Marine Exploration, Inc.

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned by the undersigned thereunto duly authorized.

 

Date:   

August 15, 2025

    By:     

/s/ Mark D. Gordon

         

Mark D. Gordon

         

Chief Executive Officer

Instruction: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

 

ATTENTION

 

Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 

 
 

FAQ

What does Odyssey Marine (OMEX) mean by filing an NT 10-Q?

An NT 10-Q is a Rule 12b-25 notification that the company could not timely file its quarterly report and intends to file within the permitted extension.

Will OMEX file the Form 10-Q soon?

Yes. The notice states the company intends to file the Form 10-Q on or before the fifth calendar day

Does this NT 10-Q indicate missing prior reports for OMEX?

No. The form indicates that all other periodic reports required in the prior 12 months have been filed.

Does the company expect material changes in earnings in the delayed 10-Q?

The company checked No to anticipated significant changes in results versus the corresponding period last year.

Who can investors contact about this filing?

The notice lists Susan Fennessey with phone number (813) 876-1776 as the contact for this notification.
Odyssey Marine Expl Inc

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