Ocean Power Technologies, Inc. OPTT Cash Flow

Ocean power technologies, inc. (OPTT)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
Cash flows from operating activities:
Net loss
-11,638	-11,330	-12,031	-12,246	-12,995	-12,047	-10,734	-10,157	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,796	-13,084	-12,388	-12,621	-13,989	-13,223	-13,245	-11,832	-10,743	-11,191	-12,054	-12,773	-14,256	-14,823	-14,763	-15,452	-14,552	-15,190	-16,392	-17,572	-19,188	-20,458	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Foreign exchange gain/(loss)
-17	-4	-42	-55	-75	-35	-13	75	111	33	41	-16	25	-137	-162	-149	-188	-246	-438	-462	-436	-167	156	183	52	51	46	-83	4	-130	-204	-104	-116	-41	0	-229	0	0	0
Depreciation and amortization
308	263	220	180	178	160	136	122	115	124	137	140	132	124	117	112	321	534	750	965	827	691	558	421	447	473	492	502	517	485	453	436	383	370	365	358	0	0	0
Loss on disposal of property, plant and equipment
-	-	-	-	-	-	-	-5	-5	-4	-4	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-52	0	0	0	-	-	-	-
Treasury note discount amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-34	-32	-14	-12	25	-35	-39	-33	-18	54	54	71	0	0	0
Compensation expense related to stock option grants and restricted stock
320	328	307	295	279	291	318	329	484	777	1,105	1,232	1,036	687	408	336	391	456	465	332	440	555	554	771	672	611	702	858	941	1,034	1,137	1,121	1,429	1,360	1,408	1,448	0	0	0
Gain due to the change in fair value of warrant liabilities
-18	-65	-116	-195	-223	-190	-170	-122	-412	-294	-2,280	-1,491	-1,161	-1,265	752	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
4	530	-30	-108	66	467	16	123	0	0	-64	48	-14	-104	26	-103	-4	104	123	-205	-413	-739	-623	-787	-522	-138	-835	-264	56	232	-56	126	164	169	561	-277	0	0	0
Unbilled receivables
-	-	-	-71	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	-	487	378	258	286	55	-12	-44	-151	27	-428	44	-143	-158	401	-90	-192	-479	-145	-95	0	0	0	-	-	-	-	-1	0	0	0
Contract assets
-50	88	128	15	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Increase in other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	16	-175	-340	-685	-488	-445	-215	17	106	168	-1,237	-198	0	0	0
Decrease in other noncurrent assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	186	218	115	93	59	37	-12	-43	-201	-240	-286	-903	0	0	0
Other assets
-547	-428	-308	-325	1	-187	58	-194	167	9	-397	212	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-55	-139	-257	23	-56	-9	174	-296	43	182	-456	213	-262	-117	315	22	302	-146	-327	-144	-131	-95	-420	-12	-92	15	436	105	182	141	81	-546	-936	-637	-865	-891	0	0	0
Accrued expenses
-340	-335	-237	-316	859	646	299	-821	-1,465	-853	-1,351	395	415	-71	-728	175	287	-359	-51	-368	-1,114	-1,443	-64	-983	341	670	670	1,158	-0	121	-629	-1,371	-80	-659	256	-7	0	0	0
Deferred rent
-	-	-	5	8	10	7	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred credit payable
-	-	-	-600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advance payment received from customer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,709	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned revenue
-	-	-	-18	0	0	0	-	-	-	-	-39	0	0	0	39	0	-115	0	-992	0	0	0	-	-	-	-	-	-	-	-	-	518	-63	-351	-761	0	0	0
Change in lease liability
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred credit payable
-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract liabilities
39	617	154	188	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term unearned revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-144	0	0	0
Net cash used in operating activities
-10,921	-10,943	-11,952	-12,140	-12,369	-11,631	-10,251	-10,696	-10,663	-10,434	-11,355	-10,038	-10,406	-10,229	-10,732	-10,930	-10,498	-12,047	-17,125	-17,174	0	0	0	-	-	0	0	-	-	-	-	-13,914	-14,526	-17,261	-17,574	-18,770	0	0	0
Cash flows from investing activities:
Purchases of marketable securities
-	-	-	25	25	25	50	25	0	25	-25	0	0	0	0	-	-	-	2,074	13,821	19,285	28,231	28,731	23,982	22,492	16,134	13,842	16,678	18,405	27,755	28,137	18,574	13,314	2,078	2,228	7,993	0	0	0
Maturities of marketable securities
-	-	-	50	50	50	50	25	0	0	0	-	-	-	-	0	25	16,545	19,319	28,240	30,740	18,243	21,492	23,489	25,131	21,293	26,877	25,055	32,745	48,731	37,730	38,559	26,775	15,135	25,060	27,059	0	0	0
Purchase of computers, equipment and furniture
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-139	-152	-167	-7,111	-6,828	-1,607	-1,532	6,279	5,924	745	745	-100	-75	0	0	0	-	-	-	-	302	0	0	0
Leasehold improvements and purchase of equipment
-	-	-	-	-	-	-	658	569	88	44	37	22	24	19	24	45	76	84	76	60	16	13	27	28	75	184	394	724	759	689	547	215	159	133	72	0	0	0
Payments of patent costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	180	207	241	234	258	0	0	0
Net cash used in investing activities
-61	-43	-27	-29	-133	-622	-676	-658	-569	-88	31	13	31	63	-8	115	106	16,560	24,271	21,171	13,002	-8,472	-13,532	-6,445	1,865	4,337	12,950	8,057	13,649	20,207	8,909	19,311	13,039	12,658	22,410	18,431	0	0	0
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	-	-	14,654	0	0	0	-	-	-	5,261	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock- Aspire financing net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs associated with exercise of pre-funded warrants
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of capital lease obligations
-	-	-	23	32	37	35	35	-16	-18	37	28	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	0	0	0
Payment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	100	100	100	100	100	100	100	100	100	100	100	100	100	100	75	139	114	89	89	6	0	0	0
Acquisition of treasury stock
0	0	0	-	-	-	-	37	40	122	153	125	124	41	9	6	4	1	0	1	1	1	1	6	6	19	19	21	25	29	45	59	0	0	0	-	-	-	-
Net cash provided by financing activities
19,096	17,862	17,173	17,183	438	34	7,393	14,582	14,573	14,491	13,902	11,947	12,052	12,318	5,470	220	101	-97	-100	-100	14,492	16,996	20,433	20,427	5,834	3,318	-119	-121	-125	-129	-120	-199	-175	-164	-148	207	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-37	-10	-69	-80	-113	-55	-33	88	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents and restricted cash
8,077	6,866	5,125	4,934	-12,177	-12,274	-3,567	3,316	3,496	4,012	2,638	1,879	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11	-165	-314	-436	-419	-345	-193	-24	0	-54	-42	-34	-71	-13	-60	-173	-220	-10	26	285	270	0	0	0
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,606	-10,456	4,100	6,609	3,477	13,952	-3,793	289	7,485	-3,038	-3,414	2,247	-2,980	1,125	7,690	-3,809	4,977	-1,672	-4,741	4,973	139	0	0	0
Supplemental schedule of cash flows information:
Cash paid for interest
-	-	-	-	-	-	-	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of noncash investing activities:
Acquisition of computers, equipment and furniture through accrued expenses
-	-	0	-	-	-	21	11	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of noncash financing activities:
Capitalized purchases of equipment financed through accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized patent costs financed through accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	72	58	41	0	0	0
Capitalized purchases of equipment financed through accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	7	102	42	327	347	329	314	0	0	0