BOCN | Blue Ocean Acquisition Corp. Annual & Quarterly

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021
Revenue	-	-	-
Cost of Revenue	-	-	-
Gross Profit	-	-	-
Operating Expenses	4.12 Million	1.24 Million	214.07 Thousand
Selling, General and Administrative Expenses	4.12 Million	1.24 Million	214.07 Thousand
Research and Development Expenses	-	-	-
Other Expenses	-	-	-
Cost and Expenses	4.12 Million	1.24 Million	214.07 Thousand
Operating Income	-4.12 Million	-1.24 Million	-214.08 Thousand
Interest Expense	15.83 Thousand	-	-
Income Tax Expense	-	-13.9 Million	-1.95 Million
Earnings before Tax	4.42 Million	12.65 Million	1.74 Million
Net Income	4.42 Million	26.56 Million	1.74 Million
Earnings Per Share Basic	0.23	1.12	0.07
Earnings Per Share Diluted	0.23	1.12	0.07
Weighted Average Shares Outstanding	19.61 Million	23.71 Million	23.71 Million
Weighted Average Shares Outstanding (Diluted)	19.61 Million	23.71 Million	23.71 Million
Gross Margin	-	-	-
EBIT Margin	-	-	-
Profit Margin	-	-	-
EBITDA	4.43 Million	-	-
Earnings Before Tax Margin	-	-	-

Breakdown	2024 Q2	2024 Q1	2023 FY	2023 Q4	2023 Q3	2023 Q2
Revenue	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
Operating Expenses	1.71 Million	985.29 Thousand	4.12 Million	586.7 Thousand	932.56 Thousand	2.29 Million
Selling, General and Administrative Expenses	1.71 Million	985.29 Thousand	-	586.7 Thousand	932.56 Thousand	2.29 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	1.71 Million	985.29 Thousand	4.12 Million	586.7 Thousand	932.56 Thousand	2.29 Million
Operating Income	-1.71 Million	-985.29 Thousand	-4.12 Million	-586.71 Thousand	-932.56 Thousand	-2.29 Million
Interest Expense	31.32 Thousand	2630.00	15.83 Thousand	10.46 Thousand	5368.00	-
Income Tax Expense	-1.71 Million	-874.04 Thousand	-4125.91	-586.71	-2.1 Million	-1.74 Million
Earnings before Tax	-963.27 Thousand	-96.27 Thousand	4.42 Million	956.99 Thousand	926.26 Thousand	899.44 Thousand
Net Income	-963.27 Thousand	-96.27 Thousand	4.42 Million	956.99 Thousand	926.26 Thousand	899.44 Thousand
Earnings Per Share Basic	-0.10	-0.02	-	0.09	0.05	0.04
Earnings Per Share Diluted	-0.10	-0.01	-	0.09	0.05	0.04
Weighted Average Shares Outstanding	9.71 Million	4.74 Million	19.61 Million	10.9 Million	20.21 Million	23.71 Million
Weighted Average Shares Outstanding (Diluted)	9.71 Million	10.91 Million	19.61 Million	10.9 Million	20.21 Million	23.71 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-1.71 Million	-108.61 Thousand	-	-586.71 Thousand	1.17 Million	-3.75 Million
Earnings Before Tax Margin	-	-	-	-	-	-