Is United Maritime Corporation (USEA) a Buy, Sell, or Hold?
NASDAQ : USEA
United Maritime Corporation — Financials
$2.6 USD
-$0.03 (-1.14%)
- Volume
- 14.79K
- Average Volume
- 63.06K
- Market Capitalization
- $24.8M
- P/E Ratio
- -12.65
- Dividend Yield
- 12.31%
- Price Target
- Year High
- $2.82
- Year Low
- $1.42
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$0.16
- Current Ratio
- $0.00
USEA Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| revenue | 37.78M | 45.44M | 36.07M | 22.78M | 7.4M | 4.12M | 6.88M |
| costOfRevenue | 31.54M | 21.52M | 32.81M | 12.33M | 3.52M | 3.18M | 5.64M |
| grossProfit | 6.25M | 23.92M | 3.26M | 10.46M | 3.87M | 941.43K | 1.24M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | 6.27M | 7.98M | 5.52M | 613.4K | 300.7K | 313.66K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 6.33M | 6.27M | 7.98M | 5.52M | 613.4K | 300.7K | 313.66K |
| otherExpenses | - | 12.83M | -11.8M | -35.57M | 342.25K | 339.75K | 336.13K |
| operatingExpenses | 6.33M | 19.1M | -3.82M | -30.04M | 955.65K | 640.46K | 649.79K |
| costAndExpenses | 37.87M | 40.62M | 28.99M | -17.72M | 4.48M | 3.82M | 6.29M |
| netInterestIncome | -6.2M | -8.1M | -6.64M | -2.44M | -743.69K | -708.44K | -870.34K |
| interestIncome | 218K | 314K | 542K | 13000 | - | - | - |
| interestExpense | 6.42M | 8.42M | 7.18M | 2.45M | 743.69K | 708.44K | 870.34K |
| depreciationAndAmortization | 10.82M | 9.08M | 7.1M | 1.9M | 756.76K | 758.84K | 755.04K |
| ebitda | 11.02M | 13.3M | 2.38M | 41.44M | 3.55M | 2.44M | 1.2M |
| ebit | 207K | 4.22M | -4.72M | 39.54M | 2.79M | 1.68M | 443.79K |
| nonOperatingIncomeExcludingInterest | -293K | 598K | 11.8M | 967K | 123.85K | -1.38M | 146.42K |
| operatingIncome | -85999 | 4.82M | 7.08M | 40.5M | 2.92M | 300.97K | 590.21K |
| totalOtherIncomeExpensesNet | -6.13M | -8.2M | -6.86M | -3.01M | -744.9K | 790.24K | -865.86K |
| incomeBeforeTax | -6.21M | -3.38M | 221K | 37.49M | 2.17M | 1.09M | -275.64K |
| incomeTaxExpense | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -6.21M | -3.38M | 221K | 37.49M | 2.17M | 1.09M | -275.64K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | 26000 | - | - | - | - | - | - |
| netIncome | -6.19M | -3.38M | 221K | 37.49M | 2.17M | 1.09M | -275.64K |
| netIncomeDeductions | - | - | - | - | - | - | - |
| bottomLineNetIncome | -6.19M | -3.38M | 126K | 35.09M | 2.17M | 1.09M | -275.64K |
| eps | -0.7 | -0.39 | 0.02 | 7.79 | 1.44 | 0.09 | -0.08 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 14.16M | 6.41M | 13.8M | 54.73M | 765.48K | 406.01K |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 14.16M | 6.41M | 13.8M | 54.73M | 765.48K | 406.01K |
| netReceivables | 1.81M | 1.44M | 394K | 779K | 70000 | - |
| accountsReceivables | 1.42M | 1.44M | 252K | 779K | 70000 | - |
| otherReceivables | 386K | - | 142K | - | - | - |
| inventory | 363K | 650K | 664K | 107K | 99325 | 54135 |
| prepaids | 413K | 601K | 546K | 989K | 59461 | 47328 |
| otherCurrentAssets | 16.34M | 15.38M | 3.68M | 3.21M | - | - |
| totalCurrentAssets | 33.09M | 24.48M | 19.09M | 59.81M | 994.27K | 507.47K |
| propertyPlantEquipmentNet | 85.14M | 138.15M | 152.52M | 50.2M | 12.28M | 13.04M |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | 17.41M | 3.59M | 700K | 155.55M | - | - |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 3.04M | 6.01M | 2.49M | -139.91M | 155.55K | 399.68K |
| totalNonCurrentAssets | 105.59M | 147.75M | 155.72M | 65.84M | 12.44M | 13.44M |
| otherAssets | - | -160K | - | - | - | - |
| totalAssets | 138.68M | 172.07M | 174.8M | 125.66M | 13.43M | 13.94M |
| totalPayables | 12.71M | 1.82M | 4.41M | 3.02M | 268.43K | 118.29K |
| accountPayables | 2.4M | 1.82M | 3.31M | 3.02M | 268.43K | 118.29K |
| otherPayables | 10.3M | - | 1.1M | - | - | - |
| accruedExpenses | 4.08M | 9.95M | 8.04M | 5.5M | 309.61K | 206.84K |
| shortTermDebt | 14.33M | 17.65M | 8.69M | 7.47M | 1.18M | 704.88K |
| capitalLeaseObligationsCurrent | 16.94M | 2.03M | 31.42M | - | - | - |
| taxPayables | - | - | - | - | - | - |
| deferredRevenue | 593K | 1.4M | 527K | 1.03M | 326.37K | 123.14K |
| otherCurrentLiabilities | - | 663K | - | 8.2M | - | - |
| totalCurrentLiabilities | 48.64M | 33.52M | 53.09M | 25.22M | 2.08M | 1.15M |
| longTermDebt | 33.57M | 61.1M | 55.84M | 35.13M | 4.2M | 5.38M |
| capitalLeaseObligationsNonCurrent | - | 16.94M | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | 428K | - | 739K | 104.55K | 98387 |
| totalNonCurrentLiabilities | 33.57M | 78.47M | 55.84M | 35.87M | 4.31M | 5.48M |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | 16.94M | 18.97M | 31.42M | - | - | - |
| totalLiabilities | 82.22M | 111.98M | 108.94M | 61.09M | 6.39M | 6.63M |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 1000 | 1000 | 1000 | 1000 | 7.87M | 10.31M |
| retainedEarnings | 13.45M | 20.92M | 26.95M | 29.37M | -828.3K | -3M |
| additionalPaidInCapital | 39.46M | 39.18M | 38.92M | 35.19M | - | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| netIncome | -6.21M | -3.38M | 221K | 37.49M | 2.17M | 1.09M | -275.64K |
| depreciationAndAmortization | 7.82M | 9.71M | 9.08M | 1.9M | 1.17M | 758.84K | 755.04K |
| deferredIncomeTax | - | - | - | - | - | - | - |
| stockBasedCompensation | 483K | 779K | 2.52M | 2.79M | - | - | - |
| changeInWorkingCapital | -3.07M | -7.98M | -7.38M | 681K | -24552 | -1.22M | -167.59K |
| accountsReceivables | 16000 | -1.04M | 385K | -660K | -70000 | 480.77K | 96277 |
| inventory | 313K | -82000 | -531K | 87000 | -45190 | -3354 | 707.23K |
| accountsPayables | -1.69M | -1.76M | -1.57M | -2.79M | - | - | -215.64K |
| otherWorkingCapital | -1.72M | -5.1M | -5.67M | 4.04M | 90638 | -1.7M | -755.45K |
| otherNonCashItems | 3.2M | 4.14M | -10.67M | -34.99M | 337.12K | -1.08M | 309.25K |
| netCashProvidedByOperatingActivities | 2.21M | 3.26M | -6.23M | 7.88M | 3.66M | -444.61K | 621.06K |
| investmentsInPropertyPlantAndEquipment | -757K | -249K | -81.75M | -93.52M | -56066 | -10782 | -10248 |
| acquisitionsNet | -9.02M | -3.73M | - | - | - | - | - |
| purchasesOfInvestments | -290K | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - |
| otherInvestingActivities | 50.5M | 11.93M | 22.61M | 100.01M | - | - | - |
| netCashProvidedByInvestingActivities | 40.43M | 7.95M | -59.14M | 6.49M | -56066 | -10782 | -10248 |
| netDebtIssuance | -33.74M | -18.63M | 19.89M | 38.25M | -800K | -2.52M | -1.8M |
| longTermNetDebtIssuance | -33.74M | -18.63M | 19.89M | 38.25M | -800K | -2.52M | -1.8M |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - |
| netStockIssuance | -204K | -469K | 1.21M | 18.47M | -2.44M | - | - |
| netCommonStockIssuance | -204K | -469K | 1.21M | 18.97M | -2.44M | - | - |
| commonStockIssuance | - | - | 1.88M | 24.97M | - | - | - |
| commonStockRepurchased | -204K | -469K | -673K | -6M | -2.44M | - | - |
| netPreferredStockIssuance | - | - | - | -500K | - | - | - |
| netDividendsPaid | -1.12M | -2.64M | -9.36M | -243K | - | - | - |
| commonDividendsPaid | -1.12M | -2.64M | -9.36M | - | - | - | - |
| preferredDividendsPaid | - | - | - | -243K | - | - | - |
| otherFinancingActivities | 221K | 2.79M | -1.8M | -909K | - | 1.78M | 2.78M |
| netCashProvidedByFinancingActivities | -34.84M | -18.95M | 9.94M | 55.57M | -3.24M | -730.95K | 980.85K |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 9.99M | 7.94M | 6.59M | 10.97M | 12.47M | 7.75M | 10.83M | 11.57M | 12.44M | 10.6M |
| costOfRevenue | 6.08M | 5.53M | 5.19M | 5.92M | 9.06M | 8.99M | 8.67M | 9.16M | 8.54M | 8.57M |
| grossProfit | 3.91M | 2.41M | 1.4M | 5.05M | 3.41M | -1.24M | 2.16M | 2.41M | 3.9M | 2.03M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | 1.67M | 792K | 640K | 745K | 1.76M | 727K | 778K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | 592K |
| sellingGeneralAndAdministrativeExpenses | 2.04M | 1.45M | 2.05M | 1.67M | 792K | 640K | 745K | 1.76M | 727K | 1.37M |
| otherExpenses | - | - | - | 449K | 729K | 601K | 1.4M | -900K | 573K | - |
| operatingExpenses | 2.04M | 1.45M | 2.05M | 2.12M | 1.52M | 1.24M | 2.14M | 860K | 1.3M | 1.37M |
| costAndExpenses | 8.11M | 6.98M | 7.25M | 8.04M | 10.58M | 10.23M | 10.82M | 10.02M | 9.84M | 9.94M |
| netInterestIncome | -1.28M | -1.15M | -1.07M | -1.43M | -1.79M | -1.91M | -2.11M | -1.88M | -1.94M | -2.03M |
| interestIncome | 36999 | 62000 | 113K | 65000 | 22000 | 18000 | 58000 | 93000 | 72000 | 92000 |
| interestExpense | 1.31M | 1.21M | 1.19M | 1.49M | 1.81M | 1.93M | 2.17M | 1.97M | 2.01M | 2.12M |
| depreciationAndAmortization | 2.42M | - | 2M | 2M | 1.83M | 2M | 2.26M | 3.5M | 1.84M | 2.81M |
| ebitda | 4.29M | 1.07M | -587K | 3M | 3.88M | -560.5K | 3.1M | 4.57M | 4.53M | 3.59M |
| ebit | 1.88M | 1.07M | -2.59M | 1M | 2.05M | -2.56M | 841K | 1.08M | 2.68M | 783K |
| nonOperatingIncomeExcludingInterest | - | -107K | 1.93M | 1.93M | -155K | 76000 | -828K | 474K | -83000 | -127K |
| operatingIncome | 1.88M | 966K | -655K | 2.93M | 1.89M | -2.48M | 13000 | 1.55M | 2.6M | 656K |
| totalOtherIncomeExpensesNet | -719K | -1.1M | -3.12M | -1.86M | -915K | -2M | -1.83M | -2.44M | -1.93M | -2M |
| incomeBeforeTax | 1.16M | -139K | -3.77M | 1.07M | 978K | -4.48M | -1.82M | -894K | 672K | -1.34M |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | 1.16M | -139K | -3.77M | 1.07M | 978K | -4.48M | -1.82M | -894K | 672K | -1.34M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | -3000 | - | - | - | - | - | - | - |
| netIncome | 1.16M | -139K | -3.78M | 1.07M | 962K | -4.48M | -1.82M | -894K | 672K | -1.34M |
| netIncomeDeductions | 137K | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 1.02M | -139K | -3.78M | 1.07M | 962K | -4.48M | -1.82M | -894K | 672K | -1.34M |
| eps | 0.11 | -0.02 | -0.42 | 0.12 | 0.11 | -0.52 | -0.21 | -0.1 | 0.08 | -0.15 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 12.14M | 10.13M | 14.16M | 20.12M | 3.05M | 3.39M | 6.41M | 11.41M | 7.04M | 9.76M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 12.14M | 10.13M | 14.16M | 20.12M | 3.05M | 3.39M | 6.41M | 11.41M | 7.04M | 9.76M |
| netReceivables | - | - | 1.81M | - | 1.3M | - | 1.44M | - | 1.49M | - |
| accountsReceivables | - | - | 1.42M | - | 1.3M | - | 1.44M | - | 1.49M | - |
| otherReceivables | - | - | 386K | - | - | - | - | - | - | - |
| inventory | - | - | 363K | - | 1.25M | - | 650K | - | 610K | - |
| prepaids | - | - | 413K | - | 800K | - | 601K | - | 569K | - |
| otherCurrentAssets | - | - | 16.34M | - | 17.84M | - | 15.38M | - | 20.7M | - |
| totalCurrentAssets | 12.14M | 10.13M | 33.09M | 20.12M | 24.24M | 3.39M | 24.48M | 11.41M | 30.4M | 9.76M |
| propertyPlantEquipmentNet | 143.49M | 130.22M | 85.14M | 102.79M | 118.54M | 151.33M | 138.15M | 155.34M | 129.55M | 150.21M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | 17.41M | - | 12.58M | - | 3.59M | - | 7.35M | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 7.35M | 25.12M | 3.04M | 21.29M | 5.72M | 14.66M | 6.01M | 12.78M | 4.1M | 17.01M |
| totalNonCurrentAssets | 150.85M | 155.35M | 105.59M | 124.07M | 136.84M | 165.98M | 147.75M | 168.12M | 141M | 167.22M |
| otherAssets | - | - | - | - | - | - | -160K | - | - | - |
| totalAssets | 162.99M | 165.48M | 138.68M | 144.2M | 161.08M | 169.38M | 172.07M | 179.53M | 171.4M | 176.98M |
| totalPayables | - | - | 12.71M | - | 4.11M | - | 1.82M | - | 11.48M | - |
| accountPayables | - | - | 2.4M | - | 4.11M | - | 1.82M | - | 4.91M | - |
| otherPayables | - | - | 10.3M | - | - | - | - | - | 6.57M | - |
| accruedExpenses | - | - | 4.08M | - | 11.9M | - | 9.95M | - | 4.98M | - |
| shortTermDebt | - | - | 14.33M | - | 15.35M | - | 17.65M | - | 18.59M | - |
| capitalLeaseObligationsCurrent | - | - | 16.94M | - | 17.97M | - | 2.03M | - | 29.5M | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | 593K | - | - | - | 1.4M | - | 418K | - |
| otherCurrentLiabilities | - | - | - | - | 438K | - | 663K | - | - | - |
| totalCurrentLiabilities | - | - | 48.64M | - | 49.77M | - | 33.52M | - | 64.97M | - |
| longTermDebt | 94.22M | 89.72M | 33.57M | 66.95M | 50.51M | 94.48M | 61.1M | 101.11M | - | 93.54M |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | 16.94M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | -94.22M | 20.21M | - | 16.17M | 524K | 19.27M | 428K | 15.95M | 42.22M | 19.46M |
| totalNonCurrentLiabilities | - | 109.93M | 33.57M | 83.12M | 51.04M | 113.75M | 78.47M | 117.06M | 42.22M | 113M |
| otherLiabilities | 109.72M | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | 16.94M | - | 17.97M | - | 18.97M | - | 29.5M | - |
| totalLiabilities | 109.72M | 109.93M | 82.22M | 83.12M | 100.81M | 113.75M | 111.98M | 117.06M | 107.19M | 113M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | - | 55.55M | 1000 | 61.07M | 1000 | 55.62M | 1000 | 62.46M | 1000 | 63.98M |
| retainedEarnings | - | - | 13.45M | - | 17.23M | - | 20.92M | - | 24.96M | - |
| additionalPaidInCapital | - | - | 39.46M | - | 39.48M | - | 39.18M | - | 39.25M | - |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 1.16M | -139K | -3.78M | 1.07M | 978K | -4.48M | -1.82M | -894K | 672K | -1.34M |
| depreciationAndAmortization | - | - | 2M | - | - | - | - | - | - | 2.81M |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | 348K | - | - | 205K | 104K | 111K | 238K | 240K | - |
| changeInWorkingCapital | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | - | - | - | - | - | - | - | - | - | - |
| otherNonCashItems | -1.16M | -209K | 4.1M | -1.07M | -1.18M | 4.38M | 1.71M | 656K | -912K | 826K |
| netCashProvidedByOperatingActivities | - | - | 2.33M | - | - | - | - | - | - | 2.3M |
| investmentsInPropertyPlantAndEquipment | - | - | -140.51K | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | -661.08K | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | -5.32M | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | -3.75M |
| netCashProvidedByInvestingActivities | - | - | -6.12M | - | - | - | - | - | - | -3.75M |
| netDebtIssuance | - | - | -3.38M | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | -3.38M | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | -98460 | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | -98460 | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | -98460 | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | -272.21K | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | -272.21K | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | 1.62M | - | - | - | - | - | - | -3.29M |
| netCashProvidedByFinancingActivities | - | - | -2.13M | - | - | - | - | - | - | -3.29M |