Ocean Power Technologies Inc (OPTT)

Industrials | Electrical Equipment Parts
Income Statement (Quarterly) 2025-07-31 2025-01-31 2024-10-31 2024-07-31
Revenue 1,182,000 825,000 2,418,000 1,301,000
Cost of Revenue 1,205,000 628,000 1,623,000 854,000
Gross Profit -23,000 197,000 795,000 447,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 0 0 0 4,920,000
Operating Expenses 7,055,000 6,072,000 4,710,000 4,920,000
Operating Income -7,078,000 -5,875,000 -3,915,000 -4,473,000
Interest Expense 310,000 0 0 0
Income Before Tax -7,388,000 -6,720,000 -3,913,000 -4,453,000
Income Tax Expense 0 0 0 0
Net Income -7,388,000 -6,720,000 -3,913,000 -4,453,000
Per Share
EPS -0.04 -0.05 -0.04 -0.05
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-04-30 2024-04-30 2023-04-30 2022-04-30 2021-04-30
Revenue 5,861,000 5,525,000 2,732,000 1,759,000 1,206,000
Cost of Revenue 4,201,000 2,699,000 2,496,000 1,860,000 2,279,000
Gross Profit 1,660,000 2,826,000 236,000 -101,000 -1,073,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 0 32,229,000 28,340,000 11,906,000 7,772,000
Operating Expenses 23,346,000 32,157,000 28,340,000 21,512,000 12,519,000
Operating Income -21,686,000 -29,331,000 -29,216,000 -21,613,000 -13,592,000
Interest Expense 0 0 0 124,000 0
Income Before Tax -22,545,000 -28,737,000 -26,604,000 -20,697,000 -14,760,000
Income Tax Expense -1,034,000 -1,254,000 -278,000 -1,823,000 0
Net Income -21,511,000 -27,483,000 -26,326,000 -18,874,000 -14,760,000
Per Share
EPS -0.17 -0.47 -0.47 -0.35 -0.49
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Assets
Cash and Cash Equivalents 6,715,000 3,151,000 6,883,000 7,885,000
Short Term Investments 0 0 27,790,000 49,384,000
Net Receivables 2,279,000 814,000 897,000 868,000
Inventory 4,222,000 4,831,000 1,044,000 442,000
Total Current Assets 13,616,000 10,543,000 37,673,000 59,304,000
Property Plant Equipment 4,996,000 5,848,000 3,031,000 1,197,000
Goodwill and Intangibles 12,027,000 12,159,000 12,515,000 12,673,000
Total Assets 30,793,000 28,704,000 53,374,000 73,393,000
Liabilities
Account Payables 568,000 3,366,000 952,000 905,000
Short Term Debt 1,150,000 780,000 529,000 319,000
Total Current Liabilities 3,289,000 7,359,000 7,907,000 2,978,000
Long Term Debt 649,000 1,798,000 1,311,000 538,000
Total Liabilities 4,141,000 9,360,000 9,421,000 4,562,000
Shareholders Equity
Retained Earnings -329,090,000 -307,579,000 -280,096,000 -253,770,000
Total Shareholders Equity 26,652,000 19,344,000 43,953,000 68,831,000
Balance Sheet (Annual) 2025-04-30 2024-04-30 2023-04-30 2022-04-30 2021-04-30
Assets
Cash and Cash Equivalents 6,715,000 3,151,000 6,883,000 7,885,000 83,028,000
Short Term Investments 0 0 27,790,000 49,384,000 0
Net Receivables 2,279,000 814,000 897,000 868,000 561,000
Inventory 4,222,000 4,831,000 1,044,000 442,000 0
Total Current Assets 13,616,000 10,543,000 37,673,000 59,304,000 84,439,000
Property Plant Equipment 4,996,000 5,848,000 3,031,000 1,197,000 1,442,000
Goodwill and Intangibles 12,027,000 12,159,000 12,515,000 12,673,000 0
Total Assets 30,793,000 28,704,000 53,374,000 73,393,000 86,377,000
Liabilities
Account Payables 568,000 3,366,000 952,000 905,000 687,000
Short Term Debt 1,150,000 780,000 529,000 319,000 842,000
Total Current Liabilities 3,289,000 7,359,000 7,907,000 2,978,000 4,694,000
Long Term Debt 649,000 1,798,000 1,311,000 538,000 1,215,000
Total Liabilities 4,141,000 9,360,000 9,421,000 4,562,000 5,909,000
Shareholders Equity
Retained Earnings -329,090,000 -307,579,000 -280,096,000 -253,770,000 -234,896,000
Total Shareholders Equity 26,652,000 19,344,000 43,953,000 68,831,000 80,468,000
Cash Flow Statement (Quarterly) 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Operating Activities
Net Income -21,511,000 -27,483,000 -26,326,000 -18,874,000
Depreciation & Amortization 1,756,000 1,161,000 637,000 515,000
Stock Based Compensation 4,603,000 1,155,000 1,461,000 1,109,000
Change in Working Capital -4,476,000 -4,442,000 1,297,000 -2,995,000
Operating Cash Flow -18,634,000 -29,763,000 -21,707,000 -21,296,000
Investing Activities
Capital Expenditure -505,000 -2,585,000 -1,019,000 -145,000
Investments -505,000 -2,585,000 -1,019,000 -145,000
Investing Cash Flow -505,000 25,496,000 20,462,000 -54,031,000
Financing Activities
Debt Repayment 3,173,000 0 0 0
Common Stock Issued/Repurchased 23,352,000 483,000 -14,000 5,852,000
Dividends Paid 0 0 0 0
Financing Cash Flow 22,703,000 469,000 -14,000 87,000
Summary
Free Cash Flow -19,139,000 -32,348,000 -22,726,000 -21,441,000
Net Change in Cash 3,564,000 -3,798,000 -1,259,000 -75,272,000
Cash Flow Statement (Annual) 2025-04-30 2024-04-30 2023-04-30 2022-04-30 2021-04-30
Operating Activities
Net Income -21,511,000 -27,483,000 -26,326,000 -18,874,000 -14,760,000
Depreciation & Amortization 1,756,000 1,161,000 637,000 515,000 372,000
Stock Based Compensation 4,603,000 1,155,000 1,461,000 1,109,000 781,000
Change in Working Capital -4,476,000 -4,442,000 1,297,000 -2,995,000 1,946,000
Operating Cash Flow -18,634,000 -29,763,000 -21,707,000 -21,296,000 -11,674,000
Investing Activities
Capital Expenditure -505,000 -2,585,000 -1,019,000 -145,000 -26,000
Investments -505,000 -2,585,000 -1,019,000 -145,000 -26,000
Investing Cash Flow -505,000 25,496,000 20,462,000 -54,031,000 74,000
Financing Activities
Debt Repayment 3,173,000 0 0 0 -467,000
Common Stock Issued/Repurchased 23,352,000 483,000 -14,000 5,852,000 80,523,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow 22,703,000 469,000 -14,000 87,000 84,170,000
Summary
Free Cash Flow -19,139,000 -32,348,000 -22,726,000 -21,441,000 -11,700,000
Net Change in Cash 3,564,000 -3,798,000 -1,259,000 -75,272,000 72,704,000