Brownie’s Marine restates Q2 net income to USD 218,658 in amended 10-Q filing - BWMG News | RalliesBrownie’s Marine restates Q2 net income to USD 218,658 in amended 10-Q filing
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BWMG• Amended filing restates quarterly results
- 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.
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