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Ocean Power Technologies, Inc. (OPTT) Create: Alert

All | News | Filings
Date FiledTypeDescription
07/12/2023 8-K Quarterly results
Docs: "Ocean Power Technologies, Inc. Announces Fourth Quarter Fiscal 2023 Results Fiscal 2023 Revenues Increased 55% MONROE TOWNSHIP, N.J., July 12, 2023 – Ocean Power Technologies, Inc. , today announced financial results for its fiscal fourth quarter and full-year ended April 30, 2023 . Highlights include: 4Q23 HIGHLIGHTS ● Total orders for the 4Q23 were $2.3 million, as compared to $0.7 million for the fourth quarter ended April 30, 2022 . ● Revenues for the 4Q23 of $1.0 million grew 29.5% over 4Q22 revenues. ● In April 2023, OPT completed a $0.5M extension of its lease contract to continue providing their WAM-V 22 Autonomous Surface Vehicle asset to a U.S. Government Agency Overseas for ongoing autonomous maritime activities. ● In March 2023, OPT deployed the scalable..."
03/14/2023 8-K Quarterly results
Docs: "Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2023 Results Results include Third Quarter Revenue Growth of 51.7% MONROE TOWNSHIP, N.J., March 13, 2023 - Ocean Power Technologies, Inc. , today announced financial results for its fiscal third quarter ended January 31, 2023 , including year-to-date revenue growth of over 74.7% and total order growth of 111%. Highlights from the third quarter and recent activity include: ● Total orders for the Q323 were $0.8 million, as compared to $0.7 million for the third quarter ended January 31, 2022 . Total orders for the nine months ended Q323 increased 111% to $3.8 million, from total orders of $1.8 million for the same period in the prior year. ● Revenues for the Q323 were $0.7 million, reflecting a growth of 51.7% over Q32..."
12/14/2022 8-K Quarterly results
09/12/2022 8-K Quarterly results
Docs: "Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2023 Results MONROE TOWNSHIP, N.J., September 12, 2022 – Ocean Power Technologies, Inc. , a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced financial results for its first quarter ended July 31, 2022. 1Q23 HIGHLIGHTS: ● Revenues increased to $714,000 in 1Q23, as compared to $272,000 in 1Q22. ● Selected by the U.S. Department of Energy for the Phase II development of a next-generation wave energy converter. In the DOE’ s recently published awards for clean energy Small Business Innovation Research projects, OPT will receive up to $1.1 million over the next 18-24 months to develop and test a modular and scalable Mass-on-Spring Wave Energy Converte..."
07/13/2022 8-K Quarterly results
03/15/2022 8-K Quarterly results
Docs: "Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2022 Results Revenues Grow 53%; New VP Global Sales & Marketing Appointed MONROE TOWNSHIP, N.J., March 14, 2022 – Ocean Power Technologies, Inc. , a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced financial results for its third quarter ended January 31, 2022. Business Highlights ● As previously announced, the Company completed its acquisition of Marine Advanced Robotics on November 15, 2021, expanding OPT’ s commercial offering into autonomous vehicles for maritime data services. MAR is expected to contribute approximately $2.0 million to revenue for Fiscal Year 2023. In the 3Q22, the Company recognized $257,000 of revenue related to MAR. ● Rev..."
12/15/2021 8-K Quarterly results
09/13/2021 8-K Quarterly results
07/19/2021 8-K Quarterly results
Docs: "Ocean Power Technologies, Inc. and Subsidiaries Consolidated Balance Sheets April 30, 2021 April 30, 2020 ASSETS Current assets: Cash and cash equivalents $ 83,028 $ 10,002 Restricted cash, short-term 384 707 Accounts receivable 350 105 Contract assets 190 251 Other current assets 487 588 Total current assets 84,439 11,653 Property and equipment, net 406 499 Intangibles, net 274 - Right-of-use asset, net 1,036 1,165 Restricted cash, long-term 222 221 Total assets $ 86,377 $ 13,538 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 687 $ 220 Accrued expenses 1,881 1,353 Contract liabilities, current portion - 100 Right-of-use liability, current portion 495 229 Litigation payable 1,224 - Liability classified stock awards 60 - Warrant liabilities - - Paycheck protect..."
03/05/2021 8-K Quarterly results
12/07/2020 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Second Quarter FY2021 Results Investor Conference Call and Webcast on December 8, 2020, at 11:00 A.M. ET",
"Ocean Power Technologies Taps SeaTrepid International for First Remote OPT PowerBuoy Deployment Turnkey Installation of OPT PowerBuoy Solution in Chile"
09/14/2020 8-K Quarterly results
Docs: "Ocean Power Technologies Announces First Quarter FY2021 Results Investor Conference Call and Webcast on September 15, 2020, at 11:00 A.M. ET"
06/29/2020 8-K Quarterly results
03/09/2020 8-K Quarterly results
12/09/2019 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Second Quarter Fiscal 2020 Results"
09/16/2019 8-K Quarterly results
Docs: "Ocean Power Technologies Announces First Quarter Fiscal 2020 Results"
07/22/2019 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Fiscal 2019 Fourth Quarter and Full Year Results",
"Company investor presentation"
03/11/2019 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Third Quarter Fiscal 2019 Results"
12/11/2018 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Fiscal Second Quarter 2019 Financial Results"
09/12/2018 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Fiscal 2019 First Quarter Results"
07/17/2018 8-K Quarterly results
Docs: "Fiscal 2018 Fourth Quarter and Full Year Results"
03/06/2018 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Third Quarter Fiscal 2018 Results"
12/12/2017 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Second Quarter Fiscal 2018 Results"
09/08/2017 8-K Quarterly results
03/07/2017 8-K Form 8-K - Current report
12/09/2016 8-K Form 8-K - Current report
09/12/2016 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the Fiscal First Quarter Ended July 31, 2016"
07/15/2016 8-K Form 8-K - Current report
03/11/2016 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the Fiscal Third Quarter Ended January 31, 2016"
12/14/2015 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the FiscalSecond QuarterEnded October 31, 2015"
09/08/2015 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the Fiscal First Quarter Ended July 31, 2015"
07/06/2015 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the Fiscal Fourth Quarter and Full Year Ended April 30, 2015 ● Multiple PowerBuoy® deployments on track for calendar 2015 ● Primary focus on offshore autonomous markets and applications ● Continued emphasis on PowerBuoy reliability, durability, and cost reduction ● Advancing toward commercial status"
03/11/2015 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the Fiscal Third Quarter Ended January 31, 2015 ● Multiple PowerBuoy ® deployments are anticipated in calendar 2015 ● Primary focus on off-grid power production at smaller scales ● Continued emphasis on PowerBuoy reliability, durability, and cost reduction, and thus advancement toward commercial status."
12/10/2014 8-K Quarterly results
Docs: "Ocean Power Technologies Announces Results for the Fiscal Second Quarter Ended October 31, 2014 ● PowerBuoy ® deployments planned for Q1 and Summer of 2015 ● Dedicated resource alignment to accelerate development of re-designed APB-350 ● Focus on growing market for off-shore data collection and transmission"
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