Ocean power technologies, inc. (OPTT)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
Revenues

725

204

202

192

268

141

31

-

-

94

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

195

250

221

170

202

99

5

494

105

488

328

1,747

1,540

374

199

463

460

407

865

1,360

982

1,388

923

1,515

1,910

1,928

1,523

1,864

1,374

Cost of revenues

681

288

367

124

400

637

142

570

0

-24

217

323

363

125

127

62

5

494

105

327

379

1,998

1,967

394

193

462

460

364

890

1,246

979

1,364

934

1,483

1,901

1,436

1,453

1,776

1,588

Gross profit/(loss)

44

-84

-165

68

-132

-496

-111

-348

0

118

-22

-73

-142

45

75

37

0

0

0

161

-50

-250

-426

-19

6

1

0

43

-24

114

2

24

-10

31

8

491

70

87

-213

Operating expenses:
Engineering and product development costs

896

1,309

1,198

879

1,382

1,574

1,149

922

1,318

978

1,102

1,135

950

1,308

1,636

1,638

1,752

1,177

2,482

1,922

1,082

1,224

-80

897

785

1,610

1,270

1,861

601

2,937

1,927

1,785

1,388

2,062

3,100

3,587

2,026

3,679

4,025

Selling, general and administrative costs

2,093

1,838

1,697

1,707

2,008

1,849

2,052

2,024

1,576

1,747

1,641

1,704

1,617

1,723

1,519

1,328

1,690

1,821

1,906

1,782

1,956

2,708

3,122

3,230

1,771

1,808

2,547

2,269

2,367

2,104

2,384

2,416

1,822

2,015

2,019

2,338

1,884

2,146

2,028

Total operating expenses

2,989

3,147

2,895

2,586

3,390

3,423

3,201

2,946

2,894

2,725

2,743

2,839

2,567

3,031

3,155

4,063

3,442

2,999

4,389

3,704

3,039

3,933

3,042

3,343

2,557

3,418

3,818

4,130

2,969

5,042

4,311

4,202

3,211

4,077

5,120

5,926

3,911

5,826

6,054

Operating loss

-2,945

-3,231

-3,060

-2,518

-3,522

-3,919

-3,312

-3,294

-2,894

-2,607

-2,765

-2,912

-2,709

-2,986

-3,080

-4,026

-3,442

-2,999

-4,389

-3,543

-3,089

-4,183

-3,469

-3,363

-2,551

-3,417

-3,818

-4,087

-2,994

-4,928

-4,309

-4,177

-3,221

-4,045

-5,111

-5,434

-3,841

-5,738

-6,268

Gain due to the change in fair value of warrant liabilities

0

0

-6

-12

-47

-51

-85

-40

-14

-31

-37

-330

104

-2,017

752

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) gain on fair value of warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income, net

27

32

42

13

2

7

13

32

42

6

3

2

24

2

0

-1

1

3

5

16

6

3

-58

23

3

2

0

14

21

34

55

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

1

-3

-8

251

234

0

0

185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

125

120

142

148

160

237

Foreign exchange gain/(loss)

-1

10

-13

-12

12

-29

-26

-32

52

-7

62

4

-26

1

5

44

-188

-24

18

5

-246

-216

-5

31

23

107

21

-99

21

102

-108

-11

-113

29

-9

-23

-38

71

-239

Loss before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,632

-

-

-

-3,329

-

-

-

-2,524

-

-

-

-2,950

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-2,919

-

-

-

-3,461

-

-

-

-2,782

-

-

-

-2,815

-966

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,239

-

-

-

-3,730

-

-

Income tax benefit

-

-

-

-

850

-

-

-

1,119

-

-

-

-698

0

-

-

-1,674

-

-

-

-1,137

-

-

-

-1,745

-

-

-

-1,453

-

-

-

-1,053

-

-

-

-364

-

-

Net loss

-

-

-

-

-

-

-

-

-

-2,577

-2,663

-

-

-

-3,827

-3,982

-1,958

-3,028

-4,114

-3,287

-2,191

-4,396

-3,348

-3,309

-778

-3,307

-3,796

-4,173

-1,497

-4,790

-4,362

-4,113

-2,186

-3,890

-4,999

-5,315

-3,366

-5,506

-6,270

Technologies (Australasia) Pty Ltd.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

-2

47

-10

-5

-26

-66

-100

-38

-36

-46

-44

-31

-39

-26

-16

-19

-8

-4

-8

-3

-7

-3

Net loss

-2,919

-3,189

-3,025

-2,505

-2,611

-3,890

-3,240

-

-1,663

-

-

-

-2,117

-966

-

-3,982

-1,958

-3,026

-4,162

-3,276

-2,185

-4,369

-3,282

-3,208

-739

-3,270

-3,749

-4,128

-1,465

-4,751

-4,336

-4,096

-2,166

-3,882

-4,995

-5,307

-3,362

-5,499

-6,266

Basic and diluted net loss per share

-0.46

-0.51

-0.50

0.97

-2.72

-4.20

-3.57

-12.73

-0.09

-0.20

-0.22

0.11

-0.37

-0.25

-1.72

-2.11

-1.05

-1.71

-2.38

-3.56

-1.25

-2.50

-0.19

-0.18

-0.06

-0.31

-0.36

-0.40

-0.14

-0.46

-0.42

-0.39

-0.21

-0.38

-0.49

-0.51

-0.33

-0.54

-0.61

Weighted average shares used to compute basic and diluted net loss per share

6,318,162

6,259

6,040

-955,973

959,287

926

907

-12,296,669

18,150

12,904

12,268,683

-6,108,843

5,783

3,891,512

2,228,585

7,235,300

1,865

1,773

1,751

-13,967

1,750

1,748

17,464

15,172

12,163

10,510

10,321

10,314

10,304

10,301

10,295

10,289

10,276

10,275

10,268

-

10,248

10,245

-

Weighted average shares used to compute basic and diluted net loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,236