Ocean Power Technologies Inc (OPTT)

Name: Ocean Power Technologies Inc Financial Statements
Creator: Quarter Results

Industrials | Electrical Equipment Parts

Latest reporting period: 2025-10-31

Latest Quarter

2025-10-31

Revenue

$424K

Net Income

-$10.8M

Operating Margin

-2,387.5%

Free Cash Flow

-$19.1M

Debt / Assets

13.4%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Ocean Power Technologies Inc (OPTT).
Income Statement (Quarterly)	2025-10-31	2025-07-31	2025-01-31	2024-10-31
Revenue	424,000	1,182,000	825,000	2,418,000
Cost of Revenue	1,804,000	1,205,000	628,000	1,623,000
Gross Profit	-1,380,000	-23,000	197,000	795,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	7,055,000	0	0
Operating Expenses	8,743,000	7,055,000	6,072,000	4,710,000
Operating Income	-10,123,000	-7,078,000	-5,875,000	-3,915,000
Interest Expense	564,000	310,000	0	0
Income Before Tax	-10,825,000	-7,388,000	-6,720,000	-3,913,000
Income Tax Expense	0	0	0	0
Net Income	-10,825,000	-7,388,000	-6,720,000	-3,913,000
Per Share
EPS	-0.06	-0.04	-0.05	-0.04
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Ocean Power Technologies Inc (OPTT).
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 history for Ocean Power Technologies Inc (OPTT).
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 history for Ocean Power Technologies Inc (OPTT).
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 quarterly history for Ocean Power Technologies Inc (OPTT).
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 annual history for Ocean Power Technologies Inc (OPTT).
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