OCEA (Ocean Biomedical) Total Operating Expense: $4.16 Mil (TTM As of Mar. 2025)


What is Ocean Biomedical Total Operating Expense?

Ocean Biomedical OCEA -66.67% Total Operating Expense is $4.16 Mil as of Mar. 2025.

Ocean Biomedical's Total Operating Expense for the three months ended in Mar. 2025 was $0.96 Mil. Ocean Biomedical's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 was $4.16 Mil.

Ocean Biomedical Total Operating Expense Related Terms

Ocean Biomedical Total Operating Expense Historical Data

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The historical data trend for Ocean Biomedical's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ocean Biomedical Total Operating Expense Chart

Ocean Biomedical Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Operating Expense
Get a 7-Day Free Trial 1.65 62.35 16.12 10.21 3.80

Ocean Biomedical Quarterly Data
Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.68 0.77 1.75 0.96

Ocean Biomedical Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $4.16 Mil mean?
Ocean Biomedical (OCEA) has a Total Operating Expense of $4.16 Mil as of Mar. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ocean Biomedical and its competitors.
Is Ocean Biomedical's Total Operating Expense too high?
Ocean Biomedical's current Total Operating Expense is $4.16 Mil.
How does Ocean Biomedical's Total Operating Expense compare to SIGY and ENDV?
Ocean Biomedical's Total Operating Expense of $4.16 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Biotechnology company?
A good Total Operating Expense depends on the Biotechnology industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ocean Biomedical and its competitors. Ocean Biomedical's current Total Operating Expense is $4.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Biomedical stock overvalued right now?
Ocean Biomedical (OCEA) has a current Total Operating Expense of $4.16 Mil. The current Total Operating Expense is $4.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Ocean Biomedical (OCEA), the current Total Operating Expense is $4.16 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ocean Biomedical Business Description

Address 55 Claverick Street, Room 325, Providence, RI, USA, 02903
Ocean Biomedical Inc is a biopharmaceutical company that is focused on discovering and developing therapeutic products in oncology, fibrosis, and infectious diseases. The company is developing an antibody therapeutic product candidate inhibiting Chi3l1, and a bi-specific antibody product candidate inhibiting Chi3l1 plus PD-1 and CTLA-4 for the treatment of non-small cell lung cancer and glioblastoma multiforme; and a small molecule product candidate targeting Chit1 for the treatment of Idiopathic Pulmonary Fibrosis and Hermansky-Pudlak Syndrome.