Ocean Power Technologies, Inc. (OPTT) Form 10-K — Aug 19, 2026
Ocean Power Technologies' fiscal 2026 10-K discloses substantial doubt about its ability to continue as a going concern, with unrestricted cash of $8.7 million as of April 30, 2026 that the company warns may not fund planned expenditures through twelve months from the filing date. The net loss more than doubled to $48.9 million in fiscal 2026 from $24.5 million in fiscal 2025, pushing the accumulated deficit to $381.0 million. Operations were funded in part by roughly $28.7 million of capital raised during the year, and the company carries $10.4 million of convertible notes.
Key figures
- Total Debt
- 10400000
- Cash Position
- 8700000
- Shares Outstanding
- 270138823
- Backlog fy2025
- 12500000
- Backlog fy2026
- 20100000
- Holders of record
- 116
- Accumulated deficit
- 381000000
- Capital raised fy2026
- 28700000
- Warrant exercise price
- 0.4
- Wamv platforms deployed
- over 100
- Authorized common shares
- 400000000
- June 2026 warrant shares
- 25000000
- June 2026 offering shares
- 25000000
- Uscg deployment energy generated
- approximately 0.5 MWh
- International revenue share fy2025
- 60%
- International revenue share fy2026
- 67%
- Non affiliate market value oct 2024
- 18700000
- Convertible notes principal apr 2026
- 10000000
Price after filing
Close on the filing date to close N calendar days later (from $5.91). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.