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 - Q3 2024 - Dec 16, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 212 % -61.1%
Quick Ratio 81.8 % +204%
Debt-to-equity 34.1 % +86.2%
Return On Assets -72.4 % -19.7%
Operating Margin -323 % +60.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 146M shares +148%
Common Stock, Shares, Outstanding 125M shares +112%
Entity Public Float 17.6M USD
Common Stock, Value, Issued 125K USD +112%
Weighted Average Number of Shares Outstanding, Basic 108M shares +84.4%
Weighted Average Number of Shares Outstanding, Diluted 108M shares +84.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.08M USD +82.7%
Revenue from Contract with Customer, Excluding Assessed Tax 2.26M USD +57%
Cost of Revenue 4.17M USD +53%
Research and Development Expense 4.9M USD -47.9%
Operating Income (Loss) -22.9M USD +28.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -22.9M USD +24.2%
Income Tax Expense (Benefit) -1.25M USD -351%
Net Income (Loss) Attributable to Parent -21.6M USD +27.7%
Earnings Per Share, Basic -0.32 USD/shares +38.5%
Earnings Per Share, Diluted -0.32 USD/shares +38.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.09M USD -36.5%
Marketable Securities, Current 35.9M USD
Cash, Cash Equivalents, and Short-term Investments 2.2M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.79M USD +246%
Inventory, Net 4.77M USD +87.5%
Other Assets, Current 683K USD -54.6%
Assets, Current 9.42M USD -60.5%
Property, Plant and Equipment, Net 3.29M USD +82.3%
Operating Lease, Right-of-Use Asset 1.99M USD +28.2%
Intangible Assets, Net (Excluding Goodwill) 3.56M USD -8.77%
Goodwill 8.54M USD 0%
Assets 26.9M USD -32%
Accounts Payable, Current 351K USD -80%
Accrued Liabilities, Current 1.43M USD -31.8%
Contract with Customer, Liability, Current 119K USD -89.8%
Liabilities, Current 3.38M USD -49.6%
Deferred Income Tax Liabilities, Net 203K USD 0%
Operating Lease, Liability, Noncurrent 1.25M USD +17.5%
Liabilities 4.83M USD -39.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45K USD 0%
Retained Earnings (Accumulated Deficit) -316M USD -7.34%
Stockholders' Equity Attributable to Parent 22.1M USD -30.1%
Liabilities and Equity 26.9M USD -32%

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 125M shares +112%
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 2.25M USD -36%
Deferred Tax Assets, Valuation Allowance 60.3M USD +10.4%
Deferred Tax Assets, Gross 61.5M USD +10.5%
Operating Lease, Liability 2.33M USD +41.9%
Depreciation 704K USD +196%
Payments to Acquire Property, Plant, and Equipment 374K USD +181%
Lessee, Operating Lease, Liability, to be Paid 3.15M USD +65.8%
Property, Plant and Equipment, Gross 5.72M USD +61.2%
Operating Lease, Liability, Current 1.08M USD +86.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 329K USD -2.66%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.85M USD +259%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 825K USD +216%
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 338M USD +3.68%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 134K USD -15.2%
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%