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Subsequent Event
3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]  
Subsequent Event
NOTE 16 – SUBSEQUENT EVENTS
We have evaluated subsequent events for recognition or disclosure through the date that this Form
10-Q
is filed with the SEC. We have noted there are no other subsequent events other than those noted below.
On May 3, 2024, we received payment of approximately $9.4 million in net proceeds from a recovered shipwreck in which we retained a residual economic interest when we sold substantially all the assets related to our shipwreck business to a third-party purchaser in December 2015
.
The holders of the March 2023 Notes hold a security interest in the proceeds.