Ocean Power Technologies, Inc. financial data

Symbol
OPTT on NYSE
Industry
Electric Services
Location
28 Engelhard Drive, Suite B, Monroe Township, NJ
State of incorporation
NJ
Fiscal year end
April 30
Latest financial report
10-Q - Q4 2024 - Mar 17, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 237 % -40.6%
Quick Ratio 95.1 % +197%
Debt-to-equity 28.7 % +18.1%
Return On Assets -73.2 % -4.57%
Operating Margin -344 % +47.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 170M shares +186%
Common Stock, Shares, Outstanding 170M shares +186%
Entity Public Float 17.6M USD
Common Stock, Value, Issued 170K USD +188%
Weighted Average Number of Shares Outstanding, Basic 148M shares +151%
Weighted Average Number of Shares Outstanding, Diluted 148M shares +151%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 6.12M USD +24%
Cost of Revenue 3.82M USD +22.9%
Research and Development Expense 4.7M USD -47.2%
Operating Income (Loss) -21M USD +35.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -21.8M USD +30.9%
Income Tax Expense (Benefit) -1.25M USD -351%
Net Income (Loss) Attributable to Parent -21.8M USD +28%
Earnings Per Share, Basic -0.25 USD/shares +51.9%
Earnings Per Share, Diluted -0.25 USD/shares +51.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10M USD +112%
Cash, Cash Equivalents, and Short-term Investments 2.2M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.63M USD +160%
Inventory, Net 3.95M USD +14.1%
Other Assets, Current 752K USD -80.9%
Assets, Current 16.8M USD -4.06%
Property, Plant and Equipment, Net 3.59M USD +61.9%
Operating Lease, Right-of-Use Asset 1.77M USD -32.1%
Intangible Assets, Net (Excluding Goodwill) 3.52M USD -3.64%
Goodwill 8.54M USD 0%
Assets 34.4M USD -0.46%
Accounts Payable, Current 637K USD -56.5%
Accrued Liabilities, Current 2.24M USD -25.1%
Contract with Customer, Liability, Current 119K USD -89.8%
Liabilities, Current 4.34M USD -38.3%
Deferred Income Tax Liabilities, Net 203K USD 0%
Operating Lease, Liability, Noncurrent 950K USD -54%
Liabilities 5.5M USD -40.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45K USD 0%
Retained Earnings (Accumulated Deficit) -323M USD -7.25%
Stockholders' Equity Attributable to Parent 28.9M USD +14.4%
Liabilities and Equity 34.4M USD -0.46%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.12M USD +23.4%
Net Cash Provided by (Used in) Financing Activities 6.53M USD
Net Cash Provided by (Used in) Investing Activities -374K USD -108%
Common Stock, Shares Authorized 200M shares +100%
Common Stock, Shares, Issued 171M shares +187%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 31K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 10.2M USD +109%
Deferred Tax Assets, Valuation Allowance 60.3M USD +10.4%
Deferred Tax Assets, Gross 61.5M USD +10.5%
Operating Lease, Liability 2.07M USD -23.2%
Depreciation 745K USD +139%
Payments to Acquire Property, Plant, and Equipment 374K USD +181%
Lessee, Operating Lease, Liability, to be Paid 2.85M USD -31%
Property, Plant and Equipment, Gross 6.17M USD +52.2%
Operating Lease, Liability, Current 1.12M USD +78.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 329K USD -82.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.85M USD +31%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 780K USD -45.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 333K USD +1.22%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 28K USD -91.6%
Operating Lease, Payments 638K USD +58.3%
Additional Paid in Capital 352M USD +7.96%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 133K USD -12.5%
Depreciation, Depletion and Amortization 71K USD +65.1%
Deferred Tax Assets, Net of Valuation Allowance 1.18M USD +13.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%