Ocean Power Technologies Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Cash & Equivalents	11.66	6.72	3.15	6.88	7.89	83.03
Short-Term Investments	-	-	-	27.79	49.38	0.07
Cash & Short-Term Investments	11.66	6.72	3.15	34.67	57.27	83.1
Cash Growth	457.31%	113.11%	-90.91%	-39.46%	-31.08%	725.84%
Accounts Receivable	1.85	2.28	0.81	0.9	0.87	0.54
Other Receivables	-	-	-	-	-	0.02
Receivables	1.85	2.28	0.81	0.9	0.87	0.56
Inventory	4.69	4.22	5.25	1.1	0.44	-
Prepaid Expenses	0.43	0.3	0.53	0.7	0.34	0.4
Restricted Cash	-	-	-	0.07	0.26	0.38
Other Current Assets	0.29	0.1	0.8	0.24	0.13	-
Total Current Assets	18.93	13.62	10.54	37.67	59.3	84.44
Property, Plant & Equipment	8.28	5	5.85	3.03	1.2	1.44
Goodwill	8.54	8.54	8.54	8.54	8.54	-
Other Intangible Assets	3.42	3.49	3.62	3.98	4.14	0.27
Other Long-Term Assets	0.15	0.15	0.15	0.16	0.22	0.22
Total Assets	39.32	30.79	28.7	53.37	73.39	86.38
Accounts Payable	1.44	0.57	3.37	0.95	0.91	0.69
Accrued Expenses	1.3	1.27	1.79	2.17	0.49	1.19
Current Portion of Long-Term Debt	-	-	-	-	-	0.5
Current Portion of Leases	1.14	1.15	0.77	0.53	0.32	0.35
Current Unearned Revenue	0.14	-	0.3	1.38	0.13	-
Other Current Liabilities	1.1	0.3	1.13	2.88	1.14	1.98
Total Current Liabilities	15.36	3.29	7.36	7.91	2.98	4.69
Long-Term Debt	-	-	-	-	-	0.4
Long-Term Leases	1.46	0.65	1.8	1.31	0.54	0.82
Long-Term Deferred Tax Liabilities	0.2	0.2	0.2	0.2	0.2	-
Other Long-Term Liabilities	-	-	-	-	0.84	-
Total Liabilities	17.02	4.14	9.36	9.42	4.56	5.91
Common Stock	0.19	0.17	0.06	0.06	0.06	0.05
Additional Paid-In Capital	370.43	356.59	327.28	324.39	322.93	315.82
Retained Earnings	-347.3	-329.09	-307.58	-280.1	-253.77	-234.9
Treasury Stock	-1.02	-1.02	-0.37	-0.36	-0.34	-0.34
Comprehensive Income & Other	-	-	-0.05	-0.05	-0.05	-0.17
Total Common Equity	22.3	26.65	19.34	43.95	68.83	80.47
Shareholders' Equity	22.3	26.65	19.34	43.95	68.83	80.47
Total Liabilities & Equity	39.32	30.79	28.7	53.37	73.39	86.38
Total Debt	12.85	1.8	2.57	1.84	0.86	2.06
Net Cash (Debt)	-1.19	4.92	0.58	32.83	56.41	81.04
Net Cash Growth	-	749.05%	-98.24%	-41.80%	-30.39%	825.63%
Net Cash Per Share	-0.01	0.04	0.01	0.59	1.04	2.70
Filing Date Shares Outstanding	194.96	177.54	92.71	58.73	55.03	52.43
Total Common Shares Outstanding	188.99	171.26	61.26	56.26	55.05	52.43
Working Capital	3.57	10.33	3.18	29.77	56.33	79.75
Book Value Per Share	0.12	0.16	0.32	0.78	1.25	1.53
Tangible Book Value	10.34	14.63	7.19	31.44	56.16	80.19
Tangible Book Value Per Share	0.05	0.09	0.12	0.56	1.02	1.53
Machinery	3.24	2.61	2.74	1.87	1.54	1.13
Construction In Progress	-	-	-	-	0.02	0.02
Leasehold Improvements	0.68	0.68	0.68	0.61	0.48	0.47
Order Backlog	-	12.5	4.9	4	0.6	0.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.