OceanPal Inc. (SVRN)
Nasdaq: SVRN · Deep Sea Foreign Transportation of Freight · Athens, GR · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Report filed | Apr 15, 2025 | Apr 15, 2024 | Mar 30, 2023 | Apr 7, 2022 | · | · |
| Revenue | 25,702,000 | 18,957,000 | 19,085,000 | · | · | · |
| For lenders | ||||||
| Provision for credit losses | · | · | 0 | · | · | · |
| General and administrative | 6,212,000 | 5,281,000 | 3,083,000 | · | · | · |
| Total costs and expenses | 12,486,000 | 10,421,000 | 6,880,000 | · | · | · |
| Operating income | -18,045,000 | -7,722,000 | -326,000 | · | · | · |
| Interest expense | 109,000 | 909,000 | 0 | · | · | · |
| Interest and investment income | 312,000 | 504,000 | 0 | · | · | · |
| Share of profit of equity-method investments | -50,000 | 2,000 | 0 | · | · | · |
| Other income (expense), net | 30,000 | -74,000 | 0 | · | · | · |
| Total non-operating income (expense) | 183,000 | 5,745,000 | 0 | · | · | · |
| Net income | -17,862,000 | -1,977,000 | -326,000 | · | -3,795,959 | -1,862,852 |
| Net income to common shareholders | -19,729,000 | -6,707,000 | -2,674,000 | · | · | · |
| Earnings per share, basic | -2.64 | -2.02 | -17.18r | · | · | · |
| Earnings per share, diluted | -2.64 | -3.83 | -17.18r | · | · | · |
| Weighted average shares, basic | 7,465,136 | 3,315,519 | 155,655r | · | · | · |
| Weighted average shares, diluted | 7,465,136 | 3,372,207 | 155,655r | · | · | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-20 reverse split of Jun 2023.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLeaseAndOtherLossesGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:OperatingCostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding