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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The potential common shares in the following tables represent potential common shares from outstanding options, restricted stock awards, convertible notes and other convertible securities that were excluded from the calculation of diluted EPS during periods due to having an anti-dilutive effect are:
|  | For the Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Average market price during the period |  | $ | 0.51 |  |  | $ | 4.44 |
Option awards |  |  | 1,388,824 |  |  |  | 1,529,824 |
Unvested restricted stock awards |  |  | — |  |  |  | 10,087 |
Convertible notes |  |  | 5,954,695 |  |  |  | 146,482 |
Common Stock Warrant related |  |  | 10,727,387 |  |  |  | 951,148 |
Reconciliation of Numerators and Denominators used in Computing Basic and Diluted Net Income Per Share | The following is a reconciliation of the numerators and denominators used in computing basic and diluted net income per share:
|  | For the Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Net income (loss) attributable to Odyssey Marine Exploration, Inc. |  | $ | 2,241,570 |  |  | $ | 3,498,024 |
Numerator: |  |  |  |  |  |
Basic net income (loss) available to stockholders |  | $ | 2,241,570 |  |  | $ | 3,498,024 |
Loss on equity method investment |  |  | (141,414 | ) |  |  | — |
Fair value change of debt instruments |  |  | (1,600,826 | ) |  |  | (1,617,819 | )
Fair value change of warrants |  |  | — |  |  |  | (6,798,430 | )
Diluted net income (loss) available to stockholders |  | $ | 499,330 |  |  | $ | (4,918,225 | )
Denominator: |  |  |  |  |  |
Weighted average common shares outstanding – Basic |  |  | 29,102,633 |  |  |  | 20,425,934 |
Dilutive effect of options |  |  | 143,570 |  |  |  | — |
Dilutive effect of other derivative instruments |  |  | 129,063 |  |  |  | — |
Dilutive effect of warrants |  |  | — |  |  |  | 1,909,565 |
Dilutive effect of convertible debt instruments |  |  | 12,241,147 |  |  |  | 4,322,601 |
Weighted average common shares outstanding – Diluted |  |  | 41,616,413 |  |  |  | 26,658,100 |
Net income (loss) per share: |  |  |  |  |  |
Basic |  | $ | 0.08 |  |  | $ | 0.17 |
Diluted |  | $ | 0.01 |  |  | $ | (0.18 | )

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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