OCEAN POWER TECHNOLOGIES, INC. financials
Source: EDGAR filings · Built 2026-09-22T01:12:47Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -24.78M | -19.14M | -32.35M | -22.36M | -21.44M | -11.70M |
| EBITDA | -37.34M | -20.78M | -28.91M | -29.03M | -21.41M | -13.45M |
| Working Capital | -10.52M | 10.33M | 3.18M | 29.77M | 56.33M | 79.75M |
| Net Debt | 5.33M | -4.92M | -579.00K | -5.04M | -7.03M | -80.97M |
| Gross Margin | -845.86% | 28.32% | 51.15% | 8.64% | -5.74% | -88.97% |
| Operating Margin | -5480.43% | -370.01% | -530.88% | -1069.40% | -1225.30% | -1127.03% |
| Net Margin | -6987.86% | -417.44% | -497.43% | -963.62% | -1073.00% | -1223.88% |
| Return on Equity (ROE) | -392.07% | -91.80% | -142.08% | -59.90% | -27.42% | -18.34% |
| Return on Assets (ROA) | -122.52% | -79.45% | -95.75% | -49.32% | -25.72% | -17.09% |
| Current Ratio | 0.60× | 4.14× | 1.43× | 4.76× | 19.91× | 17.99× |
| Debt-to-Equity | 1.13× | 0.07× | 0.13× | 0.04× | 0.01× | 0.03× |
| Effective Tax Rate | — | 4.05% | 4.36% | 1.04% | 8.81% | — |
| Cash Conversion Ratio | 0.42× | 0.76× | 1.08× | 0.82× | 1.13× | 0.79× |
| Accruals Ratio | -0.70× | -0.19× | 0.08× | -0.09× | 0.03× | -0.04× |
| SBC % of Revenue | 1355.43% | 78.54% | 20.91% | 53.48% | 66.46% | 59.78% |
| CapEx Coverage | -5.18× | -36.90× | -11.51× | -33.50× | -146.87× | -449.00× |
| Free Cash Flow Per Share | $-0.13 | $-0.15 | $-0.55 | $-0.40 | $-0.40 | $-0.39 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 700.00K | — | — | — | 1.76M | 1.21M |
| Revenues | 3.74M | 5.86M | 5.53M | 2.73M | 1.76M | — |
| Cost of Revenue | 9.66M | 4.20M | 2.70M | 2.50M | 1.86M | 2.28M |
| Gross Profit | -5.92M | 1.66M | 2.83M | 236.00K | -101.00K | -1.07M |
| Research and Development Expense | — | 3.60M | 7.70M | 10.00M | — | — |
| Selling, General and Administrative Expense | — | — | — | — | — | 7.77M |
| Operating Expenses | 32.44M | 23.35M | 32.16M | 29.45M | 21.45M | 12.52M |
| Operating Income (Loss) | -38.36M | -21.69M | -29.33M | -29.22M | -21.55M | -13.59M |
| Income Tax Expense (Benefit) | — | -1.03M | -1.25M | -278.00K | -1.82M | — |
| Net Income (Loss) Attributable to Parent | -48.91M | -24.47M | -27.48M | -26.33M | -18.87M | -14.76M |
| Earnings Per Share, Basic | $-0.25 | $-0.19 | $-0.47 | $-0.47 | $-0.35 | $-0.49 |
| Weighted Average Number of Shares Outstanding, Basic | 194.35M | 126.91M | 59.03M | 56.00M | 54.01M | 30.02M |
| Earnings Per Share, Diluted | $-0.25 | $-0.19 | $-0.47 | $-0.47 | $-0.35 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 194.35M | 126.91M | 59.03M | 56.00M | 54.01M | — |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 8.72M | 6.71M | 3.15M | 6.88M | 7.88M | 83.03M |
| Assets, Current | 15.89M | 13.62M | 10.54M | 37.67M | 59.30M | 84.44M |
| Assets | 39.92M | 30.79M | 28.70M | 53.37M | 73.39M | 86.38M |
| Long-term Debt | 12.01M | — | — | — | — | — |
| Liabilities, Current | 26.41M | 3.29M | 7.36M | 7.91M | 2.98M | 4.69M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | 396.00K |
| Liabilities | 27.45M | 4.14M | 9.36M | 9.42M | 4.56M | 5.91M |
| Stockholders' Equity Attributable to Parent | 12.48M | 26.65M | 19.34M | 43.95M | 68.83M | 80.47M |
| Common Stock, Shares, Outstanding | 7.62M | 171.26M | 61.26M | 56.26M | 55.88M | 52.48M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -20.77M | -18.63M | -29.76M | -21.71M | -21.30M | -11.67M |
| Payments to Acquire Property, Plant, and Equipment | 4.01M | 505.00K | 2.58M | 648.00K | 145.00K | 26.00K |
| Net Cash Provided by (Used in) Investing Activities | -4.01M | -505.00K | 25.50M | 20.46M | -54.03M | 74.00K |
| Payments for Repurchase of Common Stock | — | — | 14.00K | 14.00K | 3.00K | 36.00K |
| Net Cash Provided by (Used in) Financing Activities | 26.79M | 22.70M | 469.00K | -14.00K | 87.00K | 84.17M |
Derived Metrics
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -10.36M | -3.10M | -21.68M | -14.86M | -7.06M | -4.16M |
| EBITDA | -14.76M | -11.75M | -8.85M | -9.89M | -6.85M | -7.23M |
| Working Capital | -14.10M | -10.52M | 1.41M | 3.57M | 6.76M | 10.33M |
| Net Debt | 4.30M | 5.33M | 1.50M | 1.19M | -1.17M | -4.92M |
| Gross Margin | -943.67% | -232.57% | -147.17% | -325.47% | -1.95% | 16.79% |
| Operating Margin | -5025.67% | -744.44% | -1777.39% | -2387.50% | -598.82% | -564.06% |
| Net Margin | -3512.33% | -1195.12% | -2215.59% | -2553.07% | -625.04% | -712.84% |
| Return on Equity (ROE) | -124.65% | -154.99% | -56.58% | -48.54% | -30.54% | -35.20% |
| Return on Assets (ROA) | -27.22% | -48.44% | -27.63% | -27.53% | -20.18% | -30.46% |
| Current Ratio | 0.52× | 0.60× | 1.07× | 1.23× | 1.58× | 4.14× |
| Debt-to-Equity | 1.38× | 1.13× | 0.43× | 0.58× | 0.36× | 0.07× |
| Cash Conversion Ratio | 0.97× | 0.04× | 1.75× | 1.21× | 0.76× | 0.43× |
| Accruals Ratio | -0.01× | -0.46× | 0.21× | 0.06× | -0.05× | -0.17× |
| SBC % of Revenue | 609.67% | 104.88% | 506.82% | 658.49% | 202.96% | 248.63% |
| CapEx Coverage | -82.58× | -0.38× | -11.36× | -7.64× | -3.86× | -25.85× |
| Free Cash Flow Per Share | $-1.26 | $-0.02 | $-0.11 | $-0.08 | $-1.22 | $-0.03 |
Income Statement
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 300.00K | — | — | — | — | — |
| Revenues | 1.70M | 1.62M | 513.00K | 424.00K | 1.18M | 1.32M |
| Cost of Revenue | 4.53M | 5.38M | 1.27M | 1.80M | 1.21M | 1.09M |
| Gross Profit | -2.83M | -3.76M | -755.00K | -1.38M | -23.00K | 221.00K |
| Research and Development Expense | — | — | 600.00K | 300.00K | 600.00K | 2.20M |
| Operating Expenses | 12.25M | 8.28M | 8.36M | 8.74M | 7.05M | 7.64M |
| Operating Income (Loss) | -15.08M | -12.04M | -9.12M | -10.12M | -7.08M | -7.42M |
| Net Income (Loss) Attributable to Parent | -10.54M | -19.34M | -11.37M | -10.82M | -7.39M | -9.38M |
| Earnings Per Share, Basic | $-1.28 | $-0.09 | $-0.06 | $-0.06 | $-1.28 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Basic | 8.24M | 194.35M | 195.50M | 183.56M | 5.77M | 126.91M |
| Earnings Per Share, Diluted | $-1.28 | $-0.09 | $-0.06 | $-0.06 | $-1.28 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 8.24M | 194.35M | 195.50M | 183.56M | 5.77M | 126.91M |
Balance Sheet
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.36M | 8.72M | 7.06M | 11.66M | 9.86M | 6.71M |
| Assets, Current | 15.43M | 15.89M | 21.11M | 18.93M | 18.38M | 13.62M |
| Assets | 38.70M | 39.92M | 41.14M | 39.32M | 36.62M | 30.79M |
| Long-term Debt | 9.91M | 12.01M | — | — | — | — |
| Liabilities, Current | 29.53M | 26.41M | 19.70M | 15.36M | 11.62M | 3.29M |
| Liabilities | 30.25M | 27.45M | 21.05M | 17.02M | 12.43M | 4.14M |
| Stockholders' Equity Attributable to Parent | 8.45M | 12.48M | 20.09M | 22.30M | 24.19M | 26.65M |
| Common Stock, Shares, Outstanding | 9.00M | 7.62M | 216.11M | 188.99M | 171.26M | 171.26M |
Cash Flow Statement
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -10.24M | -851.00K | -19.92M | -13.14M | -5.61M | -4.01M |
| Payments to Acquire Property, Plant, and Equipment | 124.00K | 2.25M | 1.75M | 1.72M | 1.45M | 155.00K |
| Net Cash Provided by (Used in) Investing Activities | -124.00K | -2.25M | -1.75M | -1.72M | -1.45M | -155.00K |
| Net Cash Provided by (Used in) Financing Activities | 9.00M | 4.77M | 22.02M | 19.80M | 10.20M | 850.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (OPTT CIK 0001378140),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.