United Maritime Corp USEA
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $5.45M · Filed Apr 8, 2026
United Maritime Corp (USEA) files with the SEC under industry code 4400, Water Transportation. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $5.4 million and a net loss of $6.2 million. Free cash flow was $1.5 million. As of Dec 31, 2025 it held $14.2 million in cash and investments and $64.8 million in total debt.
Revenue
$5.45M
Net income
$-6.19M
-82.9% vs prior year
Operating cash flow
$2.21M
-32.2% vs prior year
Free cash flow
$1.54M
-48.8% vs prior year
EPS
$-0.70
-79.5% vs prior year
Dividend per share
None
Shares outstanding
9.08M
+2.7% vs prior year
Net cash
$-50.67M
FY 2025
Operating margin
-8.4%
FY 2025
Company profile
- Industry
- Water Transportation (SIC 4400)
- Listed as
- USEA (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Marshall Islands
- Headquarters
- Glyfada
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1912847
Other Water Transportation companies
- Royal Caribbean Cruises Ltd RCL
- Carnival Corp Ltd. CCL
- Viking Holdings Ltd VIK
- Norwegian Cruise Line Holdings Ltd. NCLH
- Kirby Corp KEX
- Matson, Inc. MATX
- International Seaways, Inc. INSW
- Golar LNG Ltd GLNG
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $5.4M | $0 | $4.3M | $22.8M |
| Operating income | -$455,000 | $4.8M | $7.1M | $40.5M |
| Net income | -$6.2M | -$3.4M | $221,000 | $37.5M |
| Diluted EPS | -$0.70 | -$0.39 | $0.02 | $4.92 |
| Operating cash flow | $2.2M | $3.3M | -$6.2M | $7.9M |
| Free cash flow | $1.5M | $3.0M | -$88.0M | -$73.0M |
| Total assets | $138.7M | $172.1M | $174.8M | $125.7M |
| Total liabilities | $82.2M | $112.0M | $108.9M | $61.1M |
| Stockholders' equity | $52.9M | $60.1M | $65.9M | $64.6M |
| Cash and investments | $14.2M | $6.4M | $13.8M | $54.7M |
| Total debt | $64.8M | $97.7M | $96.0M | $42.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 2, 2026 | Oct 2, 2026 |
| 6-K | Current report (foreign issuer) | Aug 7, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | May 22, 2026 | May 22, 2026 |
| 6-K | Current report (foreign issuer) | Apr 9, 2026 | Apr 9, 2026 |
| 20-F | Annual report (foreign issuer) | Apr 8, 2026 | Dec 31, 2025 |
| 6-K | Current report (foreign issuer) | Mar 18, 2026 | Mar 18, 2026 |
All 127 United Maritime Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.