- Heidmar Maritime Holdings Corp. (HMR) reported a **net loss of $19.8 million** for the six-month period ended June 30, 2025, a significant decrease from a net income of **$1.9 million** in the corresponding period of 2024.  **[2029471_0001193125-25-223280_hmr-20250630.htm:2]** **[2029471_0001193125-25-223280_hmr-20250630.htm:5]** **[2029471_0001193125-25-223280_hmr-20250630.htm:14]** 
- **Total revenues decreased by 8%** to **$15.2 million** for the six-month period ended June 30, 2025, from **$16.4 million** in the prior year period, leading to an **operating loss of $2.6 million** compared to an operating income of **$2.8 million** in the prior year.  **[2029471_0001193125-25-223280_hmr-20250630.htm:2]** **[2029471_0001193125-25-223280_hmr-20250630.htm:4]** 
- The company recognized a **net loss from discontinued operations of $13.8 million** for the six-month period ended June 30, 2025, primarily due to the disposal of its loss-making subsidiary, Americana Liberty LLC, on June 27, 2025.  **[2029471_0001193125-25-223280_hmr-20250630.htm:2]** **[2029471_0001193125-25-223280_hmr-20250630.htm:5]** **[2029471_0001193125-25-223280_hmr-20250630.htm:7]** **[2029471_0001193125-25-223280_hmr-20250630.htm:14]** 
- **General and administrative expenses increased by $3.6 million** to **$10.4 million** for the six-month period ended June 30, 2025, mainly due to **$1.4 million in public company costs** and **$3.6 million in stock-based compensation**.  **[2029471_0001193125-25-223280_hmr-20250630.htm:4]**

Heidmar Maritime Holdings (HMR)