OCEAN POWER TECHNOLOGIES, INC.

OPTT ·Utilities, Utilities - Regulated Electric, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $511.0K $843.0K $705.0K $4.1M $1.5M $3.6M $5.7M $6.7M
Cost of Revenue $763.0K $938.0K $668.0K $4.7M $1.5M $3.5M $5.7M $6.3M
Gross Profit $-252.0K $-95.0K $37.0K $-566.0K $-11.4K $135.3K $54.8K $435.6K
Gross Margin -49.3% -11.3% 5.2% -13.8% -0.8% 3.7% 1.0% 6.5%
Operating Expenses
Research & Development
SG&A Expense $7.0M $6.6M $6.7M $9.6M $9.4M $9.1M $8.3M $8.4M
Operating Income $-11.6M $-11.7M $-14.9M $-14.3M $-13.2M $-16.3M $-16.6M $-21.3M
Operating Margin -2,262.2% -1,386.4% -2,107.5% -348.0% -877.3% -451.3% -288.5% -318.1%
Interest Expense
Pretax Income $-11.3M $-10.2M $-14.8M $-14.4M $-12.9M $-16.3M $-16.2M $-20.8M
Income Tax Expense $-1.1M $-698.0K $-1.7M $-1.1M $-1.7M $-1.5M $-1.1M $-364.1K
Net Income $-10.2M $-9.5M $-13.1M $-13.1M $-11.0M $-14.7M $-15.1M $-20.4M
Net Margin -1,987.7% -1,125.3% -1,862.3% -319.4% -731.8% -406.0% -263.8% -305.4%
EPS (Basic) $-6.62 $-1.12 $-3.63 $-3.75 $-0.46 $-0.71 $-0.74 $-1.00
EPS (Diluted) $-6.62 $-1.12 $-3.63 $-3.75 $-0.46 $-0.71 $-0.74 $-1.00
Shares Outstanding (Basic) 36.7M 25.1M 5.0M 36.7M 35.1M 20.7M 20.8M
Shares Outstanding (Diluted) 36.7M 25.1M 5.0M 36.7M 35.1M 20.7M 20.8M
Dividends Per Share
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