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Ocean Power Technologies, Inc. (OPTT)

For the quarter ending 2025-07-31, OPTT made $1,182K in revenue. -$7,388K in net income. Net profit margin of -625.04%.

Overview

Revenue
$1,182K
Net Income
-$7,388K
Net Profit Margin
-625.04%
EPS
-$0.04
Unit: Thousand (K) dollars
Revenue Breakdown
    • Accounting Standards Update606
    • Accounting Standards Update20160...

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-07-31
2024-10-31
2024-07-31
Revenues1,182 2,418 1,301
Cost of revenues1,205 1,623 854
Gross margin-23 795 447
Operating expenses7,055 4,710 4,920
Operating loss-7,078 -3,915 -4,473
Interest (expense)/income, net-310 3 3
Other income, net- - 17
Foreign exchange gain- -1 -
Loss before income taxes-7,388 -3,913 -4,453
Income tax benefit- - -
Net loss-7,388 -3,913 -4,453
Basic net loss per common share-0.04 -0.04 -0.05
Diluted net loss per common share-0.04 -0.04 -0.05
Weighted average shares used to compute basic net loss per common share172,969,163 108,396,875 81,951,002
Weighted average shares used to compute diluted net loss per common share172,969,163 108,396,875 81,951,002
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Net loss-$7,388K (-65.91%↓ Y/Y)Loss before incometaxes-$7,388K (-65.91%↓ Y/Y)Interest(expense)/income, net-$310K (-10433.33%↓ Y/Y)Operating loss-$7,078K (-58.24%↓ Y/Y)Accounting StandardsUpdate606$1,115K Accounting StandardsUpdate201602$67K Gross margin-$23K (-105.15%↓ Y/Y)Operating expenses$7,055K (43.39%↑ Y/Y)Revenues$1,182K (-9.15%↓ Y/Y)Cost of revenues$1,205K (41.10%↑ Y/Y)