Ocean Power Technologies, Inc. (OPTT)

Ocean Power Technologies Balance Sheet

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

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

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q