Consolidated Statements of Operations - Unaudited - USD ($)	3 Months Ended
Mar. 31, 2017	Mar. 31, 2016
REVENUE
Recovered cargo sales and other		$ 4,667
Marine services	$ 649,353	577,810
Total revenue	649,353	582,477
OPERATING EXPENSES
Cost of sales - recovered cargo sales and other	0	0
Marketing, general and administrative	1,629,955	2,380,317
Operations and research	1,302,516	2,199,991
Total operating expenses	2,932,471	4,580,308
(LOSS) FROM OPERATIONS	(2,283,118)	(3,997,831)
OTHER INCOME (EXPENSE)
Interest expense	(714,896)	(334,060)
Change in derivative liabilities fair value		3,337,474
Other	39,663	381,978
Total other income (expense)	(675,233)	3,385,392
(LOSS) BEFORE INCOME TAXES	(2,958,351)	(612,439)
Income tax benefit (provision)	0	0
(LOSS) BEFORE NON-CONTROLLING INTEREST	(2,958,351)	(612,439)
Non-controlling interest	759,088	697,083
NET (LOSS) INCOME	$ (2,199,263)	$ 84,644
NET (LOSS) INCOME PER SHARE (See NOTE B)
Basic	$ (0.28)	$ 0.01
Diluted	$ (0.28)	$ 0.01
Weighted average number of common shares outstanding with participating securities per the two-class method
Basic	7,718,366	7,541,111
Diluted	7,718,366	7,632,441

The aggregate costs incurred (1) for the marine operating costs such as vessel and related equipment operations and maintenance, crew and technical labor, fuel, provisions and supplies, port fees and depreciation, costs related to operating and supporting the attraction exhibit and (2) in a planned search or critical investigation aimed at discovery of new or additional knowledge with the belief that such knowledge will be useful in assisting in the location of targeted sites.

No definition available.