OPT Reports HY Net Loss of USD 10.8 Million with Cash and Equivalents at USD 11.7 Million

Reuters12-15

OPT Reports HY Net Loss of USD 10.8 Million with Cash and Equivalents at USD 11.7 Million

Ocean Power Technologies Inc. reported revenues of USD 0.4 million for the second quarter (Q2) ended October 31, 2025. For the first half of the fiscal year $(HY)$, revenues totaled USD 1.6 million. The company recorded a net loss of USD 10.8 million for Q2 and USD 18.2 million for HY. Basic and diluted net loss per share was USD 0.06 for Q2 and USD 0.10 for HY. As of October 31, 2025, Ocean Power Technologies Inc. had combined cash, unrestricted cash, cash equivalents, and short-term investments of USD 11.7 million. Net cash used in operating activities for HY was approximately USD 13.1 million. Total shareholders' equity stood at USD 22.3 million at the end of the period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9601958-en) on December 15, 2025, and is solely responsible for the information contained therein.

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For the first half of the fiscal year <a href=\"https://laohu8.com/S/HY\">$(HY)$</a>, revenues totaled USD 1.6 million. The company recorded a net loss of USD 10.8 million for <a href=\"https://laohu8.com/S/QTWO\">Q2</a> and USD 18.2 million for HY. Basic and diluted net loss per share was USD 0.06 for Q2 and USD 0.10 for HY. As of October 31, 2025, <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> Power Technologies Inc. had combined cash, unrestricted cash, cash equivalents, and short-term investments of USD 11.7 million. Net cash used in operating activities for HY was approximately USD 13.1 million. Total shareholders' equity stood at USD 22.3 million at the end of the period.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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For the first half of the fiscal year , revenues totaled USD 1.6 million. The company recorded a net loss of USD 10.8 million for Q2 and USD 18.2 million for HY. Basic and diluted net loss per share was USD 0.06 for Q2 and USD 0.10 for HY. As of October 31, 2025, Ocean Power Technologies Inc. had combined cash, unrestricted cash, cash equivalents, and short-term investments of USD 11.7 million. Net cash used in operating activities for HY was approximately USD 13.1 million. Total shareholders' equity stood at USD 22.3 million at the end of the period.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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