Ocean Power Technologies, Inc.
For the period ended Jul 20, 2026. Filed Jul 23, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jul 20, 2026 · Filed Jul 23, 2026
Use the contents to explore the available documents and sections.
OPTT$0.43+14.1%Stored close · as of Nov 6, 2026
Contents
EX-99.2 · (in thousands, except per share data)
(in thousands, except per share data)
| Fiscal year ended April 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Product & service revenue | $3,502 | $5,408 |
| Lease revenue | 574 | 453 |
| Total revenue | 4,076 | 5,861 |
| Cost of revenue | 12,211 | 4,201 |
| Gross margin | (8,135) | 1,660 |
| Operating expenses | 32,818 | 23,346 |
| Operating loss | $(40,953) | $(21,686) |
| Interest (expense)/income, net | (2,778) | 47 |
| Other expense | (40) | (23) |
| Change in fair value of derivative | 150 | — |
| Loss on extinguishment of debt | (1,190) | (838) |
| Foreign exchange loss | (13) | (45) |
| Loss before income taxes | $(44,824) | $(22,545) |
| Income tax benefit | — | 1,034 |
| Net loss | $(44,824) | $(21,511) |
| Basic and diluted net loss per share | $(0.23) | $(0.17) |
| Weighted average shares used to compute basic and diluted net loss per share | 194,349,416 | 126,913,998 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.