OPTT— Ocean Power Technologies, Inc.

UtilitiesElectrical Equipment$46M mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Revenue	$5.9M+6.1%	$5.5M+102.2%	$2.7M+55.3%	$1.8M
Cost of revenue	$4.2M+55.7%	$2.7M+8.1%	$2.5M+34.2%	$1.9M
Gross profit	$1.7M-41.3%	$2.8M+1097.5%	$236K+333.7%	-$101K
Loss/(Gain) from change in fair value of consideration	-$72K	—	$1.1M+1953.3%	-$60K
Operating expenses	$23.3M-27.6%	$32.2M+13.7%	$28.3M+31.7%	$21.5M
Total operating expenses	$23.3M-27.4%	$32.2M+9.2%	$29.5M+37.3%	$21.5M
Operating loss	-$21.7M+26.1%	-$29.3M-0.4%	-$29.2M-35.6%	-$21.6M
Interest income, net	$47K-94.1%	$800K-11.3%	$902K+627.4%	$124K
Other (expense)/income	-$23K-1250.0%	$2K	—	—
Loss on disposition of assets (Note 7)	-$210K	—	—	—
Loss on extinguishment of debt	-$838K	—	—	—
Foreign exchange (loss)/gain	-$45K-2350.0%	$2K+100.0%	$1K+200.0%	-$1K
Loss before income taxes	-$22.5M+21.5%	-$28.7M-8.0%	-$26.6M-28.5%	-$20.7M
Income tax benefit	$1.0M-17.5%	$1.3M+351.1%	$278K-84.8%	$1.8M
Net loss	-$21.5M+21.7%	-$27.5M-4.4%	-$26.3M-39.5%	-$18.9M
Basic net loss per share	-$170.00+63.8%	-$470.00+0.0%	-$470.00-34.3%	-$350.00
Diluted net loss per share	-$170.00+63.8%	-$470.00+0.0%	-$470.00-34.3%	-$350.00
Weighted average shares used to compute basic net loss per share	$126913998000.00+115.0%	$59031736000.00+5.4%	$55998543000.00+3.7%	$54010233000.00
Weighted average shares used to compute diluted net loss per share	$126913998000.00+115.0%	$59031736000.00+5.4%	$55998543000.00+3.7%	$54010233000.00

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.