Ocean Power Technologies, Inc. (OPTT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 21.11M | 18.93M | 18.38M | 13.62M | 16.83M | 9.42M | 11.09M | 10.54M | 17.54M | 23.83M | 30.09M | 37.67M | 45.22M | 50.72M | 54.01M | 59.3M | 64.99M | 74.08M | 79.36M | 84.44M |
| Cash & Short-Term Investments | 7.06M | 11.66M | 9.86M | 6.71M | 10.03M | 2.09M | 3.18M | 3.15M | 9.25M | 18.72M | 26.65M | 34.61M | 40.92M | 45.9M | 51.9M | 57.27M | 63.45M | 72.63M | 77.72M | 83.03M |
| Cash Only | 7.06M | 11.66M | 9.86M | 6.71M | 10.03M | 2.09M | 3.18M | 3.15M | 4.87M | 3.29M | 3.86M | 6.82M | 10.92M | 10.03M | 9.18M | 7.88M | 63.45M | 72.63M | 77.72M | 83.03M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.38M | 15.43M | 22.79M | 27.79M | 30M | 35.87M | 42.72M | 49.38M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 6.86M | 1.85M | 2.76M | 2.28M | 2.1M | 1.87M | 1.44M | 814K | 2.14M | 842K | 1.02M | 897K | 1.99M | 2.3M | 876K | 868K | 544K | 522K | 767K | 540K |
| Days Sales Outstanding | 4.88K | 1.59K | 852.9 | 631.61 | 930.86 | 282.43 | 404 | 189 | 435.88 | 345.7 | 293.55 | 334.09 | 988.09 | 2.77K | 447.82 | 419.07 | 410.25 | 771.38 | 1.03K | 327.95 |
| Inventory | 5.24M | 4.69M | 4.87M | 4.22M | 3.95M | 4.77M | 5.68M | 4.83M | 3.46M | 2.55M | 1.73M | 1.04M | 1.44M | 1.03M | 588K | 442K | 193K | 0 | 0 | 384K |
| Days Inventory Outstanding | 1.51K | 949.73 | 1.47K | 1.41K | 2.3K | 1.07K | 2.43K | 2.48K | 1.29K | 2.32K | 1.04K | 342.06 | 876.49 | 1.42K | 412.73 | 201.66 | 118 | - | - | 135.95 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.22M | 154K | 327K | 185K | 130K | 1.25M | 258K | 258K | 385K | 384K | 384K | 384K | 405K |
| Total Non-Current Assets | 20.03M | 20.39M | 18.24M | 17.18M | 17.57M | 17.53M | 18.09M | 18.16M | 17.02M | 15.79M | 15.59M | 15.7M | 13.82M | 13.92M | 13.99M | 14.09M | 13.37M | 1.74M | 1.83M | 1.94M |
| Property, Plant & Equipment | 7.95M | 8.28M | 6.09M | 5M | 5.36M | 5.28M | 5.81M | 5.85M | 4.83M | 3.36M | 2.96M | 3.03M | 1.11M | 1.11M | 1.14M | 1.2M | 1.19M | 1.26M | 1.34M | 1.44M |
| Fixed Asset Turnover | 0.06x | 0.05x | 0.19x | 0.26x | 0.15x | 0.46x | 0.22x | 0.27x | 0.37x | 0.26x | 0.43x | 0.32x | 0.66x | 0.27x | 0.63x | 0.63x | 0.41x | 0.20x | 0.20x | 0.42x |
| Goodwill | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M | 7.75M | 0 | 0 | 0 |
| Intangible Assets | 3.39M | 3.42M | 3.46M | 3.49M | 3.52M | 3.56M | 3.59M | 3.62M | 3.66M | 3.9M | 3.94M | 3.98M | 4.02M | 4.06M | 4.1M | 4.14M | 4.2M | 262K | 268K | 274K |
| Long-Term Investments | 154K | 154K | 154K | 154K | 0 | 0 | 0 | 154K | 0 | 0 | 156K | 0 | 154K | 219K | 219K | -49.33M | 222K | 222K | 222K | 222K |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 154K | 154K | 154K | 154K | 0 | 0 | 156K | 155K | 154K | 219K | 219K | 219K | 0 | 0 | 0 | 0 |
| Total Assets | 41.14M | 39.32M | 36.62M | 30.79M | 34.41M | 26.95M | 29.18M | 28.7M | 34.56M | 39.62M | 45.68M | 53.37M | 59.04M | 64.64M | 68M | 73.39M | 78.36M | 75.82M | 81.19M | 86.38M |
| Asset Turnover | 0.01x | 0.01x | 0.03x | 0.04x | 0.02x | 0.09x | 0.04x | 0.05x | 0.05x | 0.02x | 0.03x | 0.02x | 0.01x | 0.00x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.01x |
| Asset Growth % | 19.57% | 45.91% | 25.49% | 7.28% | -0.46% | -31.99% | -36.12% | -46.22% | -41.46% | -38.7% | -32.82% | -27.28% | -24.65% | -14.75% | -16.25% | -15.03% | -5.47% | 308.49% | 463.75% | 538.03% |
| Total Current Liabilities | 19.7M | 15.36M | 11.62M | 3.29M | 4.34M | 3.38M | 5.14M | 7.36M | 7.04M | 6.71M | 5.75M | 7.91M | 4.75M | 4.47M | 3.22M | 2.98M | 4.2M | 2.36M | 2.65M | 4.69M |
| Accounts Payable | 1.54M | 1.44M | 1.28M | 568K | 637K | 351K | 1.74M | 3.37M | 1.47M | 1.75M | 1.3M | 952K | 591K | 589K | 1.06M | 905K | 522K | 277K | 454K | 687K |
| Days Payables Outstanding | 444.16 | 290.54 | 388.63 | 189.16 | 370.23 | 78.94 | 744.1 | 1.73K | 546.57 | 1.6K | 777.35 | 311.92 | 360.73 | 814.34 | 742.63 | 412.91 | 319.15 | 337.02 | 391.75 | 243.22 |
| Short-Term Debt | 6.23M | 10.25M | 7.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 495K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 445K | 302K | 868K | 1.16M | 1.21M | 1.38M | 1.33M | 1.46M | 101K | 129K | 15K | 117K | 0 | 0 |
| Other Current Liabilities | 11.92M | 2.53M | 2.25M | 1.06M | 1.37M | 2.68M | 718K | 1.28M | 2.65M | 1.82M | 1.33M | 3.15M | 1.41M | 1.38M | 1.34M | 1.3M | 2.74M | 935K | 526K | 1.98M |
| Current Ratio | 1.07x | 1.23x | 1.58x | 4.14x | 3.88x | 2.79x | 2.16x | 1.43x | 2.49x | 3.55x | 5.24x | 4.76x | 9.53x | 11.34x | 16.79x | 19.91x | 15.48x | 31.43x | 29.92x | 17.99x |
| Quick Ratio | 0.81x | 0.93x | 1.16x | 2.86x | 2.97x | 1.37x | 1.05x | 0.78x | 2.00x | 3.17x | 4.94x | 4.63x | 9.23x | 11.11x | 16.61x | 19.77x | 15.43x | 31.43x | 29.92x | 17.91x |
| Cash Conversion Cycle | 5.94K | 2.25K | 1.94K | 1.85K | 2.86K | 1.28K | 2.09K | 942.14 | 1.18K | 1.07K | 553.07 | 364.23 | 1.5K | 3.38K | 117.91 | 207.83 | 209.1 | - | - | 220.68 |
| Total Non-Current Liabilities | 1.35M | 1.66M | 809K | 852K | 1.15M | 1.45M | 1.73M | 2M | 2.27M | 1.26M | 1.37M | 1.51M | 1.35M | 1.4M | 1.47M | 1.58M | 615K | 690K | 774K | 1.22M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 396K |
| Capital Lease Obligations | 1.15M | 1.46M | 606K | 649K | 950K | 1.25M | 0 | 1.8M | 2.06M | 1.06M | 1.17M | 1.31M | 282K | 367K | 446K | 538K | 615K | 690K | 774K | 819K |
| Deferred Tax Liabilities | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 203K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 21.05M | 17.02M | 12.43M | 4.14M | 5.5M | 4.83M | 6.87M | 9.36M | 9.3M | 7.97M | 7.12M | 9.42M | 6.1M | 5.87M | 4.69M | 4.56M | 4.81M | 3.05M | 3.43M | 5.91M |
| Total Debt | 6.23M | 12.85M | 7.11M | 1.8M | 2.06M | 2.33M | 926K | 2.57M | 2.69M | 1.64M | 1.71M | 1.84M | 602K | 691K | 774K | 857K | 938K | 1.02M | 1.09M | 2.06M |
| Net Debt | -822K | 1.19M | -2.75M | -4.92M | -7.96M | 234K | -2.26M | -579K | -2.18M | -1.65M | -2.15M | -4.98M | -10.32M | -9.34M | -8.4M | -7.03M | -62.52M | -71.61M | -76.63M | -80.97M |
| Debt / Equity | 0.31x | 0.58x | 0.29x | 0.07x | 0.07x | 0.11x | 0.04x | 0.13x | 0.11x | 0.05x | 0.04x | 0.04x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.03x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -12.56x | -17.95x | -22.83x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 20.09M | 22.3M | 24.19M | 26.65M | 28.91M | 22.12M | 22.31M | 19.34M | 25.26M | 31.65M | 38.56M | 43.95M | 52.94M | 58.77M | 63.31M | 68.83M | 73.54M | 72.77M | 77.77M | 80.47M |
| Equity Growth % | -30.52% | 0.81% | 8.43% | 37.78% | 14.45% | -30.12% | -42.15% | -55.99% | -52.29% | -46.14% | -39.09% | -36.14% | -28.01% | -19.25% | -18.59% | -14.46% | -5.96% | 433.14% | 668.66% | 666.87% |
| Book Value per Share | 0.01 | 0.01 | 0.01 | 0.02 | 0.20 | 0.20 | 0.27 | 0.32 | 0.43 | 0.54 | 0.66 | 0.78 | 0.95 | 1.05 | 1.13 | 1.23 | 1.33 | 1.39 | 1.48 | 1.57 |
| Total Shareholders' Equity | 20.09M | 22.3M | 24.19M | 26.65M | 28.91M | 22.12M | 22.31M | 19.34M | 25.26M | 31.65M | 38.56M | 43.95M | 52.94M | 58.77M | 63.31M | 68.83M | 73.54M | 72.77M | 77.77M | 80.47M |
| Common Stock | 219K | 190K | 178K | 172K | 170K | 125K | 96K | 61K | 59K | 59K | 59K | 56K | 56K | 56K | 56K | 56K | 56K | 52K | 52K | 52K |
| Retained Earnings | -358.67M | -347.3M | -336.48M | -329.09M | -322.66M | -315.94M | -312.03M | -307.58M | -300.86M | -294.35M | -287.13M | -280.1M | -270.56M | -264.47M | -259.62M | -253.77M | -248.62M | -243.19M | -237.97M | -234.9M |
| Treasury Stock | -1.82M | -1.02M | -1.02M | -1.02M | -1.02M | -369K | -369K | -369K | -368K | -357K | -357K | -355K | -355K | -341K | -341K | -341K | -338K | -338K | -338K | -338K |
| Accumulated OCI | 0 | 0 | 0 | 0 | -45K | -45K | -45K | -45K | -45K | -45K | -45K | -45K | -46K | -46K | -46K | -46K | -185K | -139K | -185K | -171K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |