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Ocean Power Technologies (OPTT)
NYSE MKT:OPTT
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Ocean Power Technologies (OPTT) Income Statement

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Ocean Power Technologies Income Statement

Last quarter (Q1 2025), Ocean Power Technologies's total revenue was $1.30M, an increase of 2.28% from the same quarter last year. In Q1, Ocean Power Technologies's net income was $-4.45M. See Ocean Power Technologies’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Apr 24Apr 23Apr 22Apr 21Apr 20
Total Revenue
$ 5.55M$ 5.53M$ 2.73M$ 1.76M$ 1.21M$ 1.68M
Cost of Revenue
$ 2.94M$ 2.70M$ 2.50M$ 1.86M$ 2.28M$ 1.79M
Gross Profit
$ 2.61M$ 2.83M$ 236.00K$ -101.00K$ -1.07M$ -105.00K
Operating Expense
$ 28.97M$ 32.16M$ 29.45M$ 21.51M$ 12.52M$ 11.26M
Operating Income
$ -26.43M$ -29.33M$ -29.22M$ -21.55M$ -13.59M$ -11.37M
Net Non Operating Interest Income Expense
$ 464.00K$ 800.00K$ 902.00K$ 124.00K$ 124.00K$ 124.00K
Other Income Expense
$ 181.00K$ 136.00K$ 1.11M$ 792.00K$ 83.00K$ -6.00K
Pretax Income
$ -26.15M$ -28.74M$ -26.60M$ -20.70M$ -14.76M$ -11.25M
Tax Provision
$ -1.25M$ -1.25M$ -278.00K$ -1.82M-$ -895.00K
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -24.90M$ -27.48M$ -27.58M$ -18.87M$ -2.24M$ -10.35M
Basic EPS
$ -0.40$ -0.47$ -0.47$ -0.35$ -0.49$ -1.44
Diluted EPS
$ -0.40$ -0.47$ -0.47$ -0.35$ -0.49$ -1.44
Basic Average Shares
$ 259.35M$ 59.03M$ 56.00B$ 54.01B$ 30.02M$ 7.21M
Diluted Average Shares
$ 259.35M$ 59.03M$ 56.00B$ 54.01B$ 30.02M$ 7.21M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 31.92M$ 34.86M$ 31.95M$ 23.37M$ 14.80M$ 13.05M
Net Income From Continuing And Discontinued Operation
$ -24.91M$ -27.50M$ -26.30M$ -18.87M$ -14.76M$ -10.35M
Normalized Income
$ -23.83M$ -29.85M--$ 1.44M-
Interest Expense
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EBIT
$ -26.50M$ -29.55M$ -27.48M$ -20.82M$ -13.59M$ -11.37M
EBITDA
$ -25.26M$ -28.68M$ -26.73M$ -20.25M$ -13.22M$ -11.01M
Currency in USD

Ocean Power Technologies Earnings and Revenue History

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