Looks likely to be carvell planked and as James W said it is usually not a good idea to glass or coat with a hard finish like epoxy unless it was designed and built that way, or you can completely encapsulate clean dry wood boat with a boat building epoxy. Cleaning, repairing rotted or cracked planks / frames may be necessary, but likely can recaulk and paint.
I restored a mohogany plank on frame 59' Chriscraft with a 283 corvette engine back in the 80's, added a mohogany swim platform and pylon, was beautiful. Skied it for years, it would hold speed at 35 mph, had no wake when on plane, but the spray would leave bruises.