Welcome to our dedicated page for Seafarer Expl SEC filings (Ticker: SFRX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page is intended to provide access to U.S. regulatory filings for Seafarer Exploration Corp (OTCQB: SFRX), an underwater archaeological exploration and technology company. While no specific SEC filings are listed in the data provided here, Seafarer’s public disclosures in news releases describe a business focused on developing infrastructure and technology for archaeologically sensitive research, documentation, exploration, recovery, and conservation of historic shipwrecks.
For a company like Seafarer, formal SEC filings such as annual reports on Form 10-K and quarterly reports on Form 10-Q, when available, can offer additional detail on topics referenced in its press releases. These may include descriptions of its SeaSearcher™ and Sand Shark™ technologies, discussion of project areas such as Melbourne Beach and Juno Beach, information about permits and regulatory authorizations, and explanations of how the company organizes its underwater rescue archaeology activities.
Other potential filings, such as current reports on Form 8-K, can document material events related to permits, Admiralty in Rem claims, financing arrangements, or significant technology milestones. Insider transaction reports on Form 4, when present, can show equity transactions by officers, directors, or significant shareholders.
Stock Titan’s SEC filings page is designed to surface these documents as they are made available through EDGAR and to pair them with AI-powered summaries. These summaries can help explain the key points of lengthy filings, highlight disclosures related to Seafarer’s underwater archaeology projects and technology development, and make it easier to locate information about regulatory status, risk factors, and corporate structure without reading every page of the original documents.
Seafarer Exploration Corp. filed an amended annual report for 2025 mainly to add iXBRL data and fix minor typos, while its underlying results highlight severe financial strain. The company, which explores historic shipwrecks using its SeaSearcher technology, generated no revenue in 2025 and remains highly speculative.
Seafarer reported a net loss of $2,742,499 for 2025, narrower than the $3,896,719 loss in 2024, but auditors again raised substantial doubt about its ability to continue as a going concern. At December 31, 2025, it held $50,469 in cash against $3,703,260 in total liabilities and a working capital deficit of $3,573,544.
The business is funded almost entirely through issuing equity and debt, including 1,109,690,843 new common shares sold for $1,889,198 in 2025 and additional shares for services, fees, and debt settlements. Several notes and convertible notes are in default, and management warns of significant dilution risk, possible insolvency, and potential total loss of invested capital if financing cannot be secured.
Seafarer Exploration Corp. reports another year of heavy losses and severe liquidity stress as it pursues historic shipwreck exploration. For 2025, the company generated no revenue and recorded a net loss of $2,742,499, following a $3,896,719 loss in 2024. Cash was just $50,469 at year-end against current liabilities of $3,631,669, producing a working capital deficit of $3,573,544 and an accumulated deficit of $34,986,676. The auditor issued a going concern warning, citing recurring losses, negative operating cash flow and the need for additional financing. Seafarer continues to fund operations through highly dilutive equity sales and debt, issuing over 1.1 billion new shares for cash in 2025 plus additional shares for services, interest and payables, bringing common shares outstanding to more than 10.1 billion at year-end. Multiple notes and convertible notes are already in default, with the company acknowledging that failure to raise more capital or restructure debt could force it to cease operations, likely wiping out invested capital. Management highlights ongoing development of its SeaSearcher technology and permits at Florida shipwreck sites, but also emphasizes that the business remains speculative, capital intensive and unlikely to generate significant revenue for the foreseeable future.
Seafarer Exploration Corp CEO Kyle Kennedy reported a direct purchase of 12,000,000 shares of common stock on January 6, 2026 at a price of $0.0013 per share. Following this transaction, he reports direct ownership of 12,000,000 common shares. He also reports indirect beneficial ownership of 35,500,000 additional common shares held through Credo Argentarius, LLC, reflecting shares associated with that entity.
Seafarer Exploration Corp (SFRX) filed a Form 4 reporting that director Thomas B. Soeder acquired 10,000,000 shares of common stock on 11/18/2025 at a price of $0.0025 per share under transaction code J. Following this transaction, he beneficially owns 96,805,187 shares directly, plus 979,600 shares indirectly through his spouse and 900,000 shares indirectly through Anita Gallo Consulting, LLC. This filing updates the market on the director’s direct and indirect ownership stake in the company.
Seafarer Exploration Corp (SFRX) director Robert L. Kennedy reported purchasing additional common stock. On 11/18/2025, he acquired 10,000,000 shares of Seafarer Exploration common stock at a price of $0.0025 per share. After this transaction, he beneficially owned 150,340,267 shares, held in direct ownership. This filing reflects a change in insider holdings rather than company-level operations or earnings.
Seafarer Exploration Corp. (SFRX) director share purchase reported. A company director filed a Form 4 disclosing the acquisition of 10,000,000 shares of Seafarer Exploration common stock on 11/18/2025 at a price of $0.0025 per share. Following this transaction, the reporting person directly beneficially owns 59,543,555 shares of SFRX common stock. The filing is an insider ownership update and does not list any derivative securities activity.
Seafarer Exploration Corp (SFRX) director reports major share acquisition. Director Charles S. Branscum filed a Form 4 disclosing the purchase of 10,000,000 shares of Seafarer Exploration common stock on 11/18/2025 at a price of $0.0025 per share. Following this transaction, he beneficially owns 146,000,000 shares of common stock in direct ownership form. This filing simply records an insider’s increased stake and does not, by itself, change the company’s operations or financial condition.
Seafarer Exploration Corp (SFRX) disclosed an insider transaction on Form 4. Director Bradford S. Clark reported a disposition of 6,900,000 shares of common stock on 11/10/2025 at $0.0023 per share (Transaction Code J).
Following the transaction, Clark beneficially owned 49,543,555 shares, held directly. The filing reflects a change in ownership and does not provide additional financial results or guidance.
Seafarer Exploration Corp. reported a third‑quarter net loss of $680,133 and a nine‑month net loss of $2,055,690. The company recorded no service revenue in Q3 and continues to spend on operations, including $183,698 for research and development in the quarter. Cash was $24,653 and total liabilities were $3,586,151 at September 30, 2025, resulting in a stockholders’ deficit of $(3,314,346).
Management states there is “substantial doubt” about the ability to continue as a going concern and expects available cash to be expended in less than one month from the report’s filing date. The balance sheet shows multiple obligations in default, including $400,300 of convertible notes payable in default and $1,112,000 of notes payable in default. Deferred revenue remains $140,000 tied to prior SeaSearcher services not yet performed. As context, shares outstanding were 9,835,377,858 as of November 13, 2025.
Seafarer Exploration (SFRX) disclosed an insider transaction on a Form 4. A director reported a disposition of 2,000,000 shares of common stock on 09/12/2025 at a price of $0.0025 per share, coded Transaction Code J.
Following the transaction, the reporting person beneficially owned 56,443,555 shares, held directly. No derivative securities were listed in this filing.