Ocean Power Technologies, Inc. (OPTT) financial statements (2021 and earlier)
Company profile
| Business Address |
28 ENGELHARD DRIVE MONROE TOWNSHIP, NJ 08831 |
| State of Incorp. | NJ |
| Fiscal Year End | April 30 |
| SIC | 4911 - Electric Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2020 Q3 | 10/31/2019 Q2 | 7/31/2019 Q1 | 4/30/2019 Q4 | 1/31/2019 Q3 | 10/31/2018 Q2 | 7/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10 | 10 | 13 | 17 | 2 | 4 | 8 | ||
| Cash and cash equivalents | 10 | 10 | 13 | 17 | 2 | 4 | 8 | ||
| Short-term investments | 0 | ||||||||
| Restricted cash and investments | 1 | 1 | 0 | 0 | 1 | 1 | |||
| Receivables | 0 | 1 | 0 | 0 | 0 | 0 | 0 | ||
| Contract with customer, asset | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other current assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Total current assets: | 12 | 13 | 14 | 18 | 4 | 6 | 9 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1 | 1 | 1 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Restricted cash and investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total noncurrent assets: | 2 | 2 | 2 | 1 | 1 | 1 | 1 | ||
| TOTAL ASSETS: | 14 | 15 | 16 | 18 | 5 | 7 | 10 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2 | 2 | 2 | 2 | 3 | 3 | 2 | ||
| Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Accrued liabilities | 2 | 2 | 2 | 2 | 3 | 2 | 2 | ||
| Deferred revenue | 0 | 1 | 0 | 0 | ✕ | ✕ | ✕ | ||
| Debt | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Derivative instruments and hedges, liabilities | 0 | 0 | 0 | 0 | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 0 | 0 | 0 | ||
| Other undisclosed current liabilities | 0 | ||||||||
| Total current liabilities: | 3 | 3 | 2 | 2 | 3 | 3 | 3 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1 | 1 | 1 | ||||||
| Operating lease, liability | 1 | 1 | 1 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 0 | 0 | 0 | 0 | |||||
| Deferred rent credit | 0 | 0 | 0 | 0 | |||||
| Total noncurrent liabilities: | 1 | 1 | 1 | 0 | 0 | 0 | 0 | ||
| Total liabilities: | 4 | 5 | 3 | 3 | 3 | 3 | 3 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 10 | 11 | 13 | 16 | 1 | 4 | 7 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Additional paid in capital | 229 | 227 | 226 | 226 | 209 | 209 | 208 | ||
| Accumulated other comprehensive loss | (0) | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Accumulated deficit | (219) | (216) | (213) | (210) | (207) | (205) | (201) | ||
| Total stockholders' equity: | 10 | 11 | 13 | 16 | 1 | 4 | 7 | ||
| TOTAL LIABILITIES AND EQUITY: | 14 | 15 | 16 | 18 | 5 | 7 | 10 | ||
Income statement (P&L) ($ in millions)
| 1/31/2020 Q3 | 10/31/2019 Q2 | 7/31/2019 Q1 | 4/30/2019 Q4 | 1/31/2019 Q3 | 10/31/2018 Q2 | 7/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost of revenue | (1) | (0) | (0) | (0) | (0) | (1) | (0) | |
| Gross profit: | 0 | (0) | (0) | 0 | (0) | (0) | (0) | |
| Operating expenses | (3) | (3) | (3) | (3) | (3) | (3) | (3) | |
| Operating loss: | (3) | (3) | (3) | (3) | (4) | (4) | (3) | |
| Nonoperating income (expense) (Foreign Currency Transaction Gain (Loss), before Tax) | (0) | 0 | (0) | (0) | 0 | (0) | (0) | |
| Loss from continuing operations before equity method investments, income taxes: | (3) | (3) | (3) | (3) | (4) | (4) | (3) | |
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 0 | |||||
| Loss from continuing operations before income taxes: | (3) | (3) | (3) | (3) | (3) | (4) | (3) | |
| Income tax expense (benefit) | 2 | (1) | ||||||
| Loss before gain (loss) on sale of properties: | (3) | (3) | (3) | (1) | (4) | (4) | (3) | |
| Other undisclosed net income | 0 | 0 | ||||||
| Net loss: | (3) | (3) | (3) | (1) | (4) | (4) | (3) | |
| Other undisclosed net income (loss) attributable to parent | 0 | 0 | (2) | 2 | ||||
| Net loss available to common stockholders, diluted: | (3) | (3) | (3) | (3) | (3) | (4) | (3) | |
Comprehensive Income ($ in millions)
| 1/31/2020 Q3 | 10/31/2019 Q2 | 7/31/2019 Q1 | 4/30/2019 Q4 | 1/31/2019 Q3 | 10/31/2018 Q2 | 7/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3) | (3) | (3) | (1) | (4) | (4) | (3) | |
| Other comprehensive income (loss) | (0) | (0) | 0 | (0) | 0 | |||
| Other undisclosed comprehensive income (loss) | 0 | 0 | (2) | 2 | (0) | |||
| Comprehensive loss, net of tax, attributable to parent: | (3) | (3) | (3) | (3) | (3) | (4) | (3) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.