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-K - Q1 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 305 % -66.9%
Quick Ratio 46.8 % +132%
Debt-to-equity 29.4 % +147%
Return On Assets -74 % -72.2%
Operating Margin -531 % +50.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 95.6M shares +62.6%
Common Stock, Shares, Outstanding 61.3M shares +8.89%
Entity Public Float 17.6M USD
Common Stock, Value, Issued 61K USD +8.93%
Weighted Average Number of Shares Outstanding, Basic 59M shares +5.42%
Weighted Average Number of Shares Outstanding, Diluted 59M shares +5.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.53M USD +102%
Revenue from Contract with Customer, Excluding Assessed Tax 2.26M USD +57%
Cost of Revenue 2.7M USD +8.13%
Research and Development Expense 7.7M USD -23%
Operating Income (Loss) -29.3M USD -0.39%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -28.7M USD -8.02%
Income Tax Expense (Benefit) -1.25M USD -351%
Net Income (Loss) Attributable to Parent -27.5M USD -4.4%
Earnings Per Share, Basic -0.47 USD/shares 0%
Earnings Per Share, Diluted -0.47 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.15M USD -54.2%
Marketable Securities, Current 35.9M USD
Cash, Cash Equivalents, and Short-term Investments 3.3M USD -53.5%
Accounts Receivable, after Allowance for Credit Loss, Current 796K USD +6.85%
Inventory, Net 4.83M USD +363%
Other Assets, Current 1.75M USD +75.8%
Assets, Current 10.5M USD -72%
Property, Plant and Equipment, Net 3.44M USD +169%
Operating Lease, Right-of-Use Asset 2.41M USD +37.4%
Intangible Assets, Net (Excluding Goodwill) 3.62M USD -8.95%
Goodwill 8.54M USD 0%
Assets 28.7M USD -46.2%
Accounts Payable, Current 3.37M USD +254%
Accrued Liabilities, Current 1.79M USD -23.8%
Contract with Customer, Liability, Current 302K USD -78.1%
Liabilities, Current 7.36M USD -6.93%
Deferred Income Tax Liabilities, Net 203K USD 0%
Operating Lease, Liability, Noncurrent 1.8M USD +37.1%
Liabilities 9.36M USD -0.65%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45K USD 0%
Retained Earnings (Accumulated Deficit) -308M USD -9.81%
Stockholders' Equity Attributable to Parent 19.3M USD -56%
Liabilities and Equity 28.7M USD -46.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.99M USD -56.9%
Net Cash Provided by (Used in) Financing Activities -2K USD
Net Cash Provided by (Used in) Investing Activities 4.97M USD -22.1%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 61.4M shares +8.97%
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 1.29M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.31M USD -53.5%
Deferred Tax Assets, Valuation Allowance 60.3M USD +10.4%
Deferred Tax Assets, Gross 61.5M USD +10.5%
Operating Lease, Liability 2.57M USD +39.8%
Depreciation 420K USD +130%
Payments to Acquire Property, Plant, and Equipment 133K USD +138%
Lessee, Operating Lease, Liability, to be Paid 3.95M USD +79.4%
Property, Plant and Equipment, Gross 5.42M USD +90%
Operating Lease, Liability, Current 774K USD +46.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.85M USD +274%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.41M USD +101%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.38M USD +282%
Lessee, Operating Lease, Liability, to be Paid, Year Three 329K USD +3.46%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 333K USD +2.46%
Operating Lease, Payments 638K USD +58.3%
Additional Paid in Capital 327M USD +0.89%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 148K USD -6.33%
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%