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 - Q2 2024 - Sep 16, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 240 % -66.5%
Quick Ratio 62.9 % +175%
Debt-to-equity 34 % +132%
Return On Assets -75.4 % -52.6%
Operating Margin -476 % +48.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 97.9M shares +66.6%
Common Stock, Shares, Outstanding 95.6M shares +62.7%
Entity Public Float 17.6M USD
Common Stock, Value, Issued 96K USD +62.7%
Weighted Average Number of Shares Outstanding, Basic 82M shares +39.6%
Weighted Average Number of Shares Outstanding, Diluted 82M shares +39.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.55M USD +68.8%
Revenue from Contract with Customer, Excluding Assessed Tax 2.26M USD +57%
Cost of Revenue 2.94M USD +13.9%
Research and Development Expense 6.3M USD -34.4%
Operating Income (Loss) -26.4M USD +13.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -26.2M USD +5.9%
Income Tax Expense (Benefit) -1.25M USD -351%
Net Income (Loss) Attributable to Parent -24.9M USD +9.51%
Earnings Per Share, Basic -0.4 USD/shares +18.4%
Earnings Per Share, Diluted -0.4 USD/shares +18.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.18M USD -17.6%
Marketable Securities, Current 35.9M USD
Cash, Cash Equivalents, and Short-term Investments 3.3M USD 0%
Accounts Receivable, after Allowance for Credit Loss, Current 963K USD +31.9%
Inventory, Net 5.68M USD +228%
Other Assets, Current 785K USD +26.8%
Assets, Current 11.1M USD -63.2%
Property, Plant and Equipment, Net 3.61M USD +169%
Operating Lease, Right-of-Use Asset 2.2M USD +36%
Intangible Assets, Net (Excluding Goodwill) 3.59M USD -8.86%
Goodwill 8.54M USD 0%
Assets 29.2M USD -36.1%
Accounts Payable, Current 1.74M USD +34.2%
Accrued Liabilities, Current 1.58M USD +1.48%
Contract with Customer, Liability, Current 445K USD -63.1%
Liabilities, Current 5.14M USD -10.5%
Deferred Income Tax Liabilities, Net 203K USD 0%
Operating Lease, Liability, Noncurrent 1.53M USD +30.6%
Liabilities 6.87M USD -3.47%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45K USD 0%
Retained Earnings (Accumulated Deficit) -312M USD -8.67%
Stockholders' Equity Attributable to Parent 22.3M USD -42.1%
Liabilities and Equity 29.2M USD -36.1%

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 100M shares 0%
Common Stock, Shares, Issued 95.7M shares +62.8%
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 3.34M USD -18.3%
Deferred Tax Assets, Valuation Allowance 60.3M USD +10.4%
Deferred Tax Assets, Gross 61.5M USD +10.5%
Operating Lease, Liability 2.45M USD +43.1%
Depreciation 553K USD +162%
Payments to Acquire Property, Plant, and Equipment 374K USD +181%
Lessee, Operating Lease, Liability, to be Paid 3.33M USD +64.4%
Property, Plant and Equipment, Gross 5.79M USD +94%
Operating Lease, Liability, Current 926K USD +69.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 329K USD +3.46%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.85M USD +274%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 874K USD +183%
Lessee, Operating Lease, Liability, to be Paid, Year Three 333K USD +2.46%
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 335M USD +2.64%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 141K USD -10.8%
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%