OPTT: the balance sheet

MyFinsight

For the quarter ending 2025-10-31, OPTT has $39,318K in assets. $17,019K in debts. $11,659K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-10-31	2025-07-31
Cash and cash equivalents	11,659	9,860
Accounts receivable, net	1,100	2,207
Contract assets	752	555
Inventory	4,694	4,865
Other current assets	722	893
Total current assets	18,927	18,380
Property and equipment, gross	8,797	7,434
Less accumulated depreciation	2,934	2,731
Property and equipment, net	5,863	4,703
Intangibles, net	3,423	3,456
Right-of-use assets, net	2,414	1,388
Restricted cash, long-term	154	154
Goodwill	8,537	8,537
Total assets	39,318	36,618

Accounts payable	1,436	1,283
Earnout payable	200	250
Convertible notes payable (note 13)	10,251	7,107
Derivative liability (note 13)	881	570
Accrued expenses	1,318	1,293
Right-of-use liabilities, current portion	1,140	981
Contract liabilities	135	135
Total current liabilities	15,361	11,619
Deferred tax liability	203	203
Right-of-use liabilities, less current portion	1,455	606
Total liabilities	17,019	12,428
Accumulated other comprehensive loss	-	0
Common stock, 0.001 par value authorized 300,000,000 shares, issued 189,777,289 shares and 189,050,563 shares respectively outstanding 188,989,809 shares and 171,263,086 shares, respectively	190	178
Treasury stock, at cost 787,477 and 787,477 shares, respectively	1,018	1,018
Additional paid-in capital	370,429	361,508
Accumulated deficit	-347,302	-336,478
Total shareholders equity	22,299	24,190
Total liabilities and shareholders equity	39,318	36,618

Unit: Thousand (K) dollars