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

Brownie’s Marine Group filed a Form 10-Q/A restating results for the six months ended June 30, 2025.

The amendment corrects errors in profit-and-loss calculations for the three months ended June 30, 2026, including net income and other income.

The original Form 10-Q filed Aug. 4, 2026 was superseded, and investors were told not to rely on the earlier financial statements.

Net income was $218,658 for the three months ended June 30, 2026, and $711,688 for the six months.

Management concluded disclosure controls were not effective as of June 30, 2026, and remediation steps were launched to strengthen reporting controls.