Ocean Power Technologies, Inc. (OPTT)

Ocean Power Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2024	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020
Cash & Equivalents	3.18	3.15	6.88	7.89	83.03	10
Short-Term Investments	-	-	27.79	49.38	0.07	0.06
Cash & Short-Term Investments	3.18	3.15	34.67	57.27	83.1	10.06
Cash Growth	-88.06%	-90.91%	-39.46%	-31.08%	725.84%	-39.83%
Accounts Receivable	1.44	0.81	0.9	0.87	0.54	0.36
Other Receivables	-	-	-	-	0.02	0
Receivables	1.44	0.81	0.9	0.87	0.56	0.36
Inventory	5.76	5.25	1.1	0.44	-	-
Prepaid Expenses	0.5	0.53	0.7	0.34	0.4	0.25
Restricted Cash	-	-	0.07	0.26	0.38	0.71
Other Current Assets	0.2	0.8	0.24	0.13	-	0.28
Total Current Assets	11.09	10.54	37.67	59.3	84.44	11.65
Property, Plant & Equipment	5.81	5.85	3.03	1.2	1.44	1.66
Goodwill	8.54	8.54	8.54	8.54	-	-
Other Intangible Assets	3.59	3.62	3.98	4.14	0.27	-
Other Long-Term Assets	0.15	0.15	0.16	0.22	0.22	0.22
Total Assets	29.18	28.7	53.37	73.39	86.38	13.54
Accounts Payable	1.74	3.37	0.95	0.91	0.69	0.22
Accrued Expenses	1.55	1.79	2.17	0.49	1.19	0.91
Current Portion of Long-Term Debt	-	-	-	-	0.5	-
Current Portion of Leases	0.93	0.77	0.53	0.32	0.35	0.23
Current Unearned Revenue	0.45	0.3	1.38	0.13	-	0.1
Other Current Liabilities	0.48	1.13	2.88	1.14	1.98	0.44
Total Current Liabilities	5.14	7.36	7.91	2.98	4.69	1.9
Long-Term Debt	-	-	-	-	0.4	-
Long-Term Leases	1.53	1.8	1.31	0.54	0.82	1.08
Long-Term Unearned Revenue	-	-	-	-	-	0.07
Long-Term Deferred Tax Liabilities	0.2	0.2	0.2	0.2	-	-
Other Long-Term Liabilities	-	-	-	0.84	-	-
Total Liabilities	6.87	9.36	9.42	4.56	5.91	3.05
Common Stock	0.1	0.06	0.06	0.06	0.05	0.01
Additional Paid-In Capital	334.66	327.28	324.39	322.93	315.82	231.1
Retained Earnings	-312.03	-307.58	-280.1	-253.77	-234.9	-220.14
Treasury Stock	-0.37	-0.37	-0.36	-0.34	-0.34	-0.3
Comprehensive Income & Other	-0.05	-0.05	-0.05	-0.05	-0.17	-0.18
Total Common Equity	22.31	19.34	43.95	68.83	80.47	10.49
Shareholders' Equity	22.31	19.34	43.95	68.83	80.47	10.49
Total Liabilities & Equity	29.18	28.7	53.37	73.39	86.38	13.54
Total Debt	2.45	2.57	1.84	0.86	2.06	1.31
Net Cash (Debt)	0.73	0.58	32.83	56.41	81.04	8.76
Net Cash Growth	-97.07%	-98.24%	-41.80%	-30.39%	825.63%	-47.65%
Net Cash Per Share	0.01	0.01	0.59	1.04	2.70	1.21
Filing Date Shares Outstanding	97.94	92.71	58.73	55.03	52.43	17.1
Total Common Shares Outstanding	95.57	61.26	56.26	55.05	52.43	12.92
Working Capital	5.95	3.18	29.77	56.33	79.75	9.75
Book Value Per Share	0.23	0.32	0.78	1.25	1.53	0.81
Tangible Book Value	10.18	7.19	31.44	56.16	80.19	10.49
Tangible Book Value Per Share	0.11	0.12	0.56	1.02	1.53	0.81
Machinery	2.78	2.74	1.87	1.54	1.13	1.17
Construction In Progress	-	-	-	0.02	0.02	0.02
Leasehold Improvements	0.68	0.68	0.61	0.48	0.47	0.47
Order Backlog	-	4.9	4	0.6	0.2	1

Source: S&P Capital IQ. Standard template. Financial Sources.