Ocean Power Technologies, Inc. (OPTT)

Ocean Power Technologies Balance Sheet

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

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

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q