{"filings":[{"id":1316356,"accession_number":"0001493152-26-030434","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-06-29T13:07:16+00:00","items":["1.01","3.03","5.03","8.01","9.01"],"status":"ready","headline":"OPTT extends NOL protective poison pill through June 2029; preferred shares increased to 700,000","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board amended Section 382 Tax Benefits Preservation Plan, extending expiration from June 29, 2026 to June 29, 2029.","Series A Preferred designated shares increased from 100,000 to 700,000 to support the plan.","Plan continues to deter any person from acquiring 4.99% or more of OPTT common stock without board approval.","No existing 4.99% holders identified as of the filing date.","Company intends to seek stockholder ratification of the amendment at the 2026 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":945398,"accession_number":"0001493152-26-027926","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-06-09T20:05:41+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Tech reports PowerBuoy generates ~0.5 MWh for US Coast Guard; hires Rob O'Malley with 65k RSU grant","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["PowerBuoy deployed off San Diego for US Coast Guard generated close to 0.5 MWh of renewable energy.","System validated operational performance in active maritime environment; integrates with Anduril's Lattice AI system.","Rob O'Malley hired as U.S. Defense Senior Director of Business Development; received inducement grant of 65,000 RSUs.","RSUs vest over 9 months subject to continued employment and performance targets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":901197,"accession_number":"0001493152-26-027653","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-06-08T13:02:52+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies prices $10M registered direct offering of 25M units at $0.40","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sells 25M shares plus 25M common warrants at $0.40 per unit to institutional investors.","Gross proceeds of $10M expected; closing on or about June 8, 2026.","Net proceeds to be used for working capital and general corporate purposes.","Ladenburg Thalmann acts as exclusive placement agent with 6.0% cash fee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":582004,"accession_number":"0001493152-26-024820","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-05-21T20:10:27+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Tech expands U.S. deployments from 1 to 5 PowerBuoys adds international WAM-V systems","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["PowerBuoy deployments grow from 1 research system to 5 concurrent: 3 for DHS, 1 for Navy research, 1 for U.S. research institution.","International: 3 WAM-V USVs and 1 PowerBuoy deployed in UAE; additional WAM-Vs supporting customers in Taiwan.","Company showcasing WAM-V at Special Operations Forces Week in Tampa to engage defense stakeholders.","Expansion reflects transition from research to multi-agency use and growing demand for persistent offshore monitoring."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":41922,"accession_number":"0001493152-26-022516","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-05-12T20:48:19+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT advances autonomous drone charging; deploys 3 PowerBuoys for DHS surveillance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Successfully demonstrated autonomous docking, charging, and redeployment of WAM-V maritime drone without human intervention.","Advancing integration of charging capability with PowerBuoy platform to create offshore charging network for drones.","Deployed three PowerBuoy systems for DHS maritime surveillance, all streaming real-time data simultaneously.","One PowerBuoy operating in water depths exceeding 1,000 meters, integrated with Anduril's Lattice platform.","Deployment part of ongoing DHS program off California coast; each buoy hosts AI capable Merrows decision software."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92515,"accession_number":"0001493152-26-014548","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Ocean Power Technologies issues $10M convertible notes due 18 months, convertible at $0.40","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$10M aggregate principal of senior convertible notes sold to institutional investors; interest 4.5% (13% upon default).","Notes mature in 18 months at 113% of face value; conversion price $0.40 per share, subject to adjustments.","Conversion limited to 4.99% beneficial ownership cap; notes rank senior to unsecured debt.","Issued via takedown from effective shelf registration statement on Form S-3 (File No. 333-275843).","Use of proceeds not specified; proceeds likely for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103410,"accession_number":"0001493152-26-012815","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-03-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT ships first PowerBuoy under $6.5M DHS contract for Coast Guard surveillance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shipment of first PowerBuoy marks milestone in $6.5M contract with U.S. Department of Homeland Security.","PowerBuoy to support maritime domain awareness for U.S. Coast Guard off California coast.","Integration with Anduril’s systems progressing in parallel.","System expected to be deployed after final site preparations and operational readiness procedures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103409,"accession_number":"0001493152-26-010048","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Ocean Power Q3 revenue $400-600K (down ~50% YoY); net loss ~$11.4M; backlog $19.9M (+165%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3FY26 revenue estimated $400K–$600K vs $0.8M YoY; net loss $11.3–$11.5M vs $6.7M YoY.","Backlog $19.9M (+165% YoY); pipeline $163.9M (+84% vs Oct 2025).","Secured $6.5M multi-buoy DHS/Coast Guard contract; deliveries start Q4FY26; Anduril prime contractor.","Cash used in ops <$20.0M vs $14.6M prior year period.","WAM-V shipped to Greece; autonomous docking solution moved to full-scale build; target early-access launch calendar 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":2119000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103408,"accession_number":"0001493152-26-008546","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-03-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies highlights strategic relevance amid Middle East tensions","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Confirms regional partners and team members in Middle East are safe; operations continue without disruption.","Emphasizes growing need for autonomous maritime monitoring for ports, subsea infrastructure, and energy installations.","No new contracts or financial guidance provided; press release is qualitative in nature."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103407,"accession_number":"0001493152-26-007895","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies gets $1.5M USCG buoy order, advances autonomy infrastructure","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approx. $1.5M US Coast Guard order for installation/deployment of buoy systems; expected near-term revenue.","WAM-V shipped to Greece for customer operations; expands international defense and commercial footprint.","Integrated docking/charging program moved from prototype to full-scale build; component orders placed.","Early access commercial solution targeted for 2026; navigation capabilities advanced with Mythos AI."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103406,"accession_number":"0001493152-26-004017","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"OPTT shareholders approve authorized share increase to 400M; inducement plan shares doubled","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Charter Amendment approved to increase authorized common stock from 300M to 400M shares.","Plan Amendments approved to increase 2015 Omnibus Incentive Plan shares from 27.28M to 32.28M.","Board doubled inducement plan shares to 1.99M for new-hire equity awards.","All five director nominees elected; auditor Baker Tilly ratified; say-on-pay approved.","Broker non-votes of 54.2M shares on director elections and certain proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103405,"accession_number":"0001493152-26-001119","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-01-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ocean Power Technologies announces $5M DHS contract; backlog $15M, pipeline $137M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Philipp Stratmann discusses $5M multi-buoy contract with DHS for Coast Guard border monitoring on West Coast.","Backlog ~$15M and qualified pipeline >$137M as of Q3; contract is contractor-owned/operated with near-term revenue conversion.","Company moves from single-unit to multi-asset contracts; international demos in Brazil, Chile, and UAE.","System includes buoys, WAMV USVs, and docking/charging tech; data integration with Anduril for Coast Guard.","CEO cites geopolitics and tech readiness driving growth; focus on converting pipeline to backlog and operational delivery."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103404,"accession_number":"0001493152-26-000524","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT wins >$5M multi-buoy DHS contract; 4 PowerBuoys for Coast Guard with Anduril","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Award from DHS worth >$5M for four MERROWS-equipped PowerBuoys for Coast Guard mission.","Buoys deployed off San Diego for persistent maritime domain awareness; integrates with Anduril Lattice C2.","Partnership with Anduril to fuse buoy and tower sensor data into unified command-and-control system.","Demonstrates demand for long-endurance, renewable-powered maritime surveillance without fuel logistics.","OPT CEO cites major step in providing intelligent maritime solutions for U.S. federal agencies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119644,"accession_number":"0001493152-25-027865","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"OPT reports Q2 FY2026 revenue of $0.4M, net loss $10.8M; backlog rises 300% to $15M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $0.4M in Q2 FY2026, down from $2.4M in Q2 FY2025, due to US federal government shutdown timing.","Net loss of $10.8M in Q2, compared to $3.9M in prior year; operating expenses increased partly due to $2.5M non-cash stock comp.","Backlog reached $15.0M as of Oct 31, 2025, up nearly 300% from $3.8M a year ago; pipeline grew 63% to $137.5M.","Shipped eight WAM-V ASVs during quarter; entered strategic partnerships with Mythos AI and Gradient Marine.","Cash and short-term investments $11.7M at Oct 31, 2025, up from $6.7M at start of fiscal year."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":1606000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119643,"accession_number":"0001493152-25-021902","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies partners with Mythos AI to integrate AI autonomy into maritime platforms","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Partnership with Mythos AI to integrate advanced AI-driven autonomy software into WAM-V ASVs and PowerBuoy platforms.","Initial demonstrations of the integrated autonomy stack scheduled for Q1 2026.","Aims to enhance endurance, adaptability, and mission versatility for defense, security, and commercial customers.","OPT now offers a complete autonomy ecosystem including hardware, power, and AI software.","Mythos AI CEO Geoff Douglass expressed excitement to collaborate with OPT on intelligent maritime autonomy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119642,"accession_number":"0001493152-25-020955","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies certified by AUVSI as Trusted UMS Operator Training Provider","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Received official AUVSI certification as a Trusted Uncrewed Maritime Systems (UMS) Operator Training Provider.","Will provide training for government, defense, commercial, and academic professionals using WAM-V platform.","Training delivered at Pacific and Atlantic locations and customer sites; supports recurring revenue efforts.","Certification aligns with emerging regulatory and security standards, expanding access to operator training.","Joins select group of organizations qualified to deliver AUVSI-aligned training under industry-led framework."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119641,"accession_number":"0001493152-25-017184","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-10-07T23:59:59+00:00","items":["2.03","9.01"],"status":"ready","headline":"Ocean Power Technologies issues additional $6.5M in convertible notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On Oct 7, 2025, issued $6.5M in additional Series B Convertible Notes under existing Securities Purchase Agreement.","Total principal issued to date under the $25M facility is $16.5M ($10M in May + $6.5M).","Notes are convertible into common stock (OPTT) at terms described in the earlier agreement.","Notes sold in a takedown from effective shelf registration statement (File No. 333-275843)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136221,"accession_number":"0001493152-25-013624","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-09-16T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Fiscal Q1: backlog surges 184% to $15M; net loss $7.4M; strategic partnership with Gradient Marine","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Backlog surged 184% to $15.0M as of July 31, 2025; pipeline $133.5M (+45% YoY).","Revenue $1.2M (-9% YoY); net loss $7.4M (vs $4.5M) driven by $2.1M non-cash stock comp.","Cash $10.0M; operating cash use $5.6M vs $6.1M prior year.","Announced strategic partnership with Gradient Marine for digital twin and simulation.","Expanded UAE partnership with Unique Group; opened new DC office at AUVSI."],"consensus_eps_estimate":-0.0459,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":1182000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136220,"accession_number":"0001493152-25-012591","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies ships two WAM-V USVs to UAE partner Remah International Group","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Two WAM-V Unmanned Surface Vehicles shipped to Remah International Group in the UAE for defense demonstrations.","OPT planning to establish a sales and operations office in the Middle East with strategic hires.","Shipment follows recent demonstrations and contract wins in the region.","SVP Jason Weed stated shipment underscores cost-effective maritime security solutions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136219,"accession_number":"0001641172-25-025689","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-08-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies expands UAE partnership with Unique Group under MSA; 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terminates prior AGP agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered into ATM sales agreement for up to $40M of common stock with Ladenburg Thalmann.","Commission of 3% of gross proceeds; sales will be at-the-market or in negotiated transactions.","Terminated prior ATM agreement with A.G.P./Alliance Global Partners under which ~$18M was sold.","New agreement effective August 8, 2025; no penalties for termination of prior agreement.","Shares issued under effective S-3 shelf; prospectus supplement filed same day."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136216,"accession_number":"0001641172-25-022274","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies partners with Greensea IQ on autonomous hull maintenance system","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Collaboration integrates Greensea IQ's EverClean hull-grooming robot with OPT's WAM-V USV platform.","Joint effort to develop fully autonomous launch and recovery system for persistent hull maintenance.","Initial focus on system design, integration, and prototype testing; commercial deployment targeted in maritime, energy, defense, and research.","Companies cite reduced fuel costs, improved vessel performance, and elimination of toxic coatings as goals.","Press release issued August 5, 2025; no financial terms or binding commitments disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136215,"accession_number":"0001641172-25-021008","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-07-25T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"OPT reports FY25 net loss of $21.5M; 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earns ISO 9001","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Installed PowerBuoy with AT&T 5G for NPS in Monterey Bay for maritime domain awareness and subsea monitoring.","System integrates Merrows AI-capable suite for autonomous, persistent data collection and communications.","Contract moves into lease phase; CEO says deployment enables customer evaluation of PowerBuoy technology.","Achieved ISO 9001 certification for quality management across PowerBuoy, WAM-V, and Merrows product lines.","ISO 9001 certification underscores transition to scalable, reliable provider for defense and research sectors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153296,"accession_number":"0001641172-25-017126","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT awarded patent (No. 18/936,528) for autonomous floating marine charging","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["USPTO issued Notice of Allowance for patent application 18/936,528, dated June 26, 2025.","Patent covers autonomous floating marine charging for electric vessels, including uncrewed surface vehicles.","Key features: signal-emitting guidance, secure mooring, wired/wireless energy transfer, wave-powered generation.","Technology integrates with OPT's PowerBuoy and WAM-V platforms for extended autonomous missions.","No financial terms or revenue impact disclosed; patent strengthens IP portfolio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153295,"accession_number":"0001641172-25-014028","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Ocean Power Technologies auditor changes due to Moss Adams merger with Baker Tilly","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Moss Adams merged into Baker Tilly effective June 3, 2025; Moss Adams resigned as auditor.","Audit Committee approved Baker Tilly as successor independent registered public accounting firm.","No disagreements or reportable events occurred with Moss Adams during its engagement.","Moss Adams issued a letter to the SEC agreeing with the company's statements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153294,"accession_number":"0001641172-25-013665","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["1.02","5.02","8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies hires Jason Weed as SVP Commercial; Burdyny resigns as CCO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Burdyny resigned as Chief Commercial Officer effective June 13, 2025; no disagreement with board.","Jason Weed, retired U.S. Navy Captain and former Leidos exec, appointed SVP – Commercial Sales.","Weed receives inducement grant of 500,000 RSUs (time-vesting over 2 years) and 150,000 performance-based RSUs.","Board amended Inducement Plan to increase shares available from 275,000 to 990,000 for future awards.","Weed led Navy's first Uncrewed Undersea Vehicle Squadron and has 15+ years executive maritime experience."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153293,"accession_number":"0001641172-25-012472","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT completes WAM-V sea trial for Africa client at NJ test site; earns AUVSI certification","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Completed first WAM-V 22 sea trial for Sub Saharan Africa customer at newly permitted USCG-approved test site in Southern New Jersey.","CEO notes year-round testing capability on both coasts reduces time from booking to revenue recognition.","Named one of initial certified operators under AUVSI Trusted UMS Operator Program for uncrewed maritime systems.","Certification underscores commitment to safety, training, and operational excellence in autonomous maritime solutions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153292,"accession_number":"0001641172-25-010584","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Ocean Power Technologies issues $10M convertible notes, option for up to $15M more","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Initial $10M notes issued at par on May 15, 2025; total offering up to $25M aggregate principal.","Notes carry 0% interest (13% upon default), mature 24 months from issuance, convertible at $0.68/share.","Monthly amortization payments in cash or common stock; prepayment allowed with 12.5% premium.","Additional $15M may be sold in subsequent closings subject to conditions including stockholder approval.","Conversion capped at 4.99% (or 9.99% at holder's option) beneficial ownership limit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153291,"accession_number":"0001641172-25-008700","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-05-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies awarded contract for multiple WAM-Vs to Allied Forces","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Contract for multiple WAM-Vs with integrated sensors and operators as COCO delivery in late Spring 2025.","Order from an international defense customer (Allied Forces); terms undisclosed due to sensitivity.","Builds on recent commercial success for autonomous Maritime Domain Awareness and Mine Counter Measure Solutions.","CEO Philipp Stratmann says agreement is proof of role in future ocean security.","Company also announced management fireside chat on May 6, 2025, at 11 a.m. ET."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153290,"accession_number":"0001641172-25-008095","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"OPT shareholders approve share increase to 300M; ships WAM-V for Indo-Pacific and Merrows PowerBuoy","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved increase in authorized common shares from 200M to 300M; 48.1M for, 23.9M against, 1.3M abstain.","Shipped a WAM-V 22' autonomous vessel for Indo-Pacific operations after a successful 3-day continuous survey demo.","Shipped a Merrows PowerBuoy for defense/security applications under a teaming agreement with a major international defense contractor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153289,"accession_number":"0001641172-25-005227","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-04-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies secures WAM-V order from new international government customer","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Contract for fully integrated WAM-V from new international government customer; assembly begins immediately.","Vehicle to be shipped for near-term delivery; training and services provided in-country.","CEO cites demand in Latin America and Middle East; expects continued pipeline-to-backlog conversion.","No specific dollar value or quantity disclosed for the order."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153288,"accession_number":"0001641172-25-003623","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-04-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT signs US reseller agreement for WAM-V USVs; confirms supply chain operational","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Reseller agreement with Grava Hydrographic Solutions to sell WAM-V USVs across the United States.","No financial terms disclosed; part of broader channel partner strategy.","Majority domestic supply chain ensures no material inventory cost impact and on-time deliveries.","Workforce is fully U.S.-based with over 20% veterans; positioned for defense and energy demand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172074,"accession_number":"0001641172-25-000605","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-03-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPTT awarded PowerBuoy contract for US East Coast; sells WAM-V to Latin American mining customer","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["PowerBuoy contract awarded for immediate delivery in USA; deployed on East Coast with surface and subsurface sensors.","WAM-V sold to new Latin American customer for onshore mining bathymetry surveys, expanding into new industry.","Both contract and sale parties remain confidential; no financial terms disclosed.","CEO cites growing PowerBuoy business and WAM-V adaptability for diverse missions and industries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172073,"accession_number":"0001493152-25-010878","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-03-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"OPTT Q3 FY2025 revenue $0.8M (-54% YoY), backlog record $7.5M, cash burn down 59%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $0.8M, down 54% YoY from $1.8M; trailing twelve-month revenue $6.1M, up 24%.","Operating expenses $6.1M, down 29% YoY; Loss before income taxes $6.7M, improved from $7.8M.","Backlog $7.5M, record high vs $3.3M prior year; driven by $5M purchase orders from new Latin America partner.","Cash used in ops $3.7M, down 59% YoY; total cash $10.2M vs $3.3M at April 30, 2024.","Recent: multi-day WAM-V offshore demo in California; new sales hire for DHS/DOD; NAVDEX participation with Remah."],"consensus_eps_estimate":-0.051,"consensus_eps_actual":-0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":4545000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172072,"accession_number":"0001493152-25-010569","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-03-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPTT announces LOI for PowerBuoy with defense contractor and WAM-V order from European offshore firm","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Binding letter of intent to deploy AI-capable PowerBuoy for a major international defense contractor.","Order for fully integrated WAM-V unmanned surface vehicle from a new European offshore services provider.","WAM-V assembly begins immediately with near-term delivery; training and services in-country.","These awards follow a teaming agreement with defense contractor signed last year.","CEO cites growing demand for defense and autonomous survey systems globally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172071,"accession_number":"0001493152-25-006158","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies to demo WAM-V USV at NAVDEX with Remah International Group","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company to exhibit at NAVDEX in Abu Dhabi with local partner Remah International Group (RIG).","Live demonstrations of WAM-V Unmanned Surface Vehicles with underwater sensors and aerial drone integration.","Also showcasing Next Generation PowerBuoy and AI-capable Merrows system.","RIG appointed as OPT's distributor for UAE defense/security solutions in late 2024.","CEO expects partnership to accelerate adoption of autonomous ocean security in Middle East."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172070,"accession_number":"0001493152-25-004855","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies secures $2M in purchase orders for PowerBuoys in Latin America","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["$2 million in purchase orders for Next Generation PowerBuoys combining wave, solar, and wind power.","CEO Philipp Stratmann says this builds on recent WAM-V growth in the region.","Orders underscore growing demand and expand OPT's global presence and service offerings.","PowerBuoys support long-duration deployment from coastal to deep ocean with payload and comms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172069,"accession_number":"0001493152-25-003023","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["1.01","5.02","5.07","8.01","9.01"],"status":"ready","headline":"Ocean Power Tech shareholders approve 27.28M share increase for incentive plan; new GC, advisory board","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved increasing available shares under 2015 Omnibus Incentive Plan from 7.28M to 27.28M and extending plan by 10 years.","Tracy Pagliara appointed SVP, General Counsel and Secretary with base salary $300k, bonus target 50%, and 75,000 RSU inducement grant.","Advisory board appointed: Natalie Lorenz-Anderson, Rear Admiral Joseph DiGuardo, and Rear Admiral Victorino Mercado; compensated with equity only.","WAM-V autonomous surface vessel demonstrated multi-day remote survey capability in California, hosting seabed survey payload."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189056,"accession_number":"0001493152-24-051821","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"OPT completes main assembly of AI-capable PowerBuoy for Naval Postgraduate School","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Finalized main assembly of PowerBuoy for NPS; shipment being readied for deployment in early 2025.","Buoy integrates AT&T 5G, advanced subsea sensors, and AI-capable Merrows suite for maritime domain awareness.","CEO says this advances strategic plan; cites recent institutional investor support as additional backing.","Deployment expected to demonstrate PowerBuoy as a 5G communication node along the U.S. coastline."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189055,"accession_number":"0001493152-24-050911","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"OPT Q2 revenue $2.4M (up 172% YoY); net loss narrows to $3.9M; $54M convertible note facility","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $2.4M for Q2FY25, 2.7x increase YoY; net loss $3.9M vs $7.2M prior year, down 46%.","Operating expenses fell 41% to $4.7M; cash used in ops $4.8M, down 37% YoY.","Reaffirmed profitability target in Q4 calendar 2025; trailing 12-month revenue $7.1M, up 83%.","Entered $54M convertible note facility; initial $4M note at 12.5% interest, 18-mo maturity, 9.5% OID.","Partnerships: $3M purchase orders in LatAm; expanded Middle East; completed Project Overmatch exercises."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":3719000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189054,"accession_number":"0001493152-24-049784","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies Secures $3M in Purchase Order Commitments for WAM-V USVs in Latin America","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New partnership brings $3M in purchase order commitments over 36 months for WAM-V USVs in Latin America.","This represents a $1.5M increase from the previously announced $1.5M in purchase orders in the region.","WAM-V USVs will be deployed in hydrographic applications, showcasing their versatility and cutting-edge technology.","CEO Philipp Stratmann highlighted the growth in Latin America and commitment to maritime AI solutions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189053,"accession_number":"0001493152-24-048495","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-12-03T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies reports preliminary Q2 FY2025 revenue above $2M, net loss down 44%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Estimated Q2 revenue greater than $2 million, more than double the $0.9 million in the prior-year period.","Anticipated net loss of approximately $4 million, down from $7.2 million year-over-year, a decrease of over 40%.","Cash used in operating activities less than $4.7 million, compared to $7.5 million, a 40% reduction.","Completed second set of exercises for U.S. Navy Project Overmatch as subcontractor to EpiSci.","Filed prospectus supplement to increase available issuance to $60.3 million under sales agreement with A.G.P./Alliance Global Partners."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":3719000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189052,"accession_number":"0001493152-24-043357","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-11-01T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"OPT completes Project Overmatch milestone; delivers WAM-Vs to Latin America, secures follow-on order","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Second set of Project Overmatch exercises completed for NIWC Pacific; WAM-Vs deployed; revenue recognized.","Delivered WAM-V 16 and WAM-V 22 to Latin American survey customers; revenue recognized on integrated systems.","Follow-on order for WAM-V 8 secured from a Latin American customer, driving growth in region.","Stock purchase agreement amendment extends expiration to Dec 31, 2024 or when shares fully purchased."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189051,"accession_number":"0001493152-24-041342","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-10-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies appoints Kuwait service partner and ships WAM-V to UAE","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Signed agreement with 3B General Trading & Contracting Co. to explore offshore energy projects in Kuwait using PowerBuoys and WAM-Vs.","Shipped a 22ft WAM-V Unmanned Surface Vehicle to the UAE for exhibition at ADIPEC in November with partner Unique Group.","CEO Philipp Stratmann states the partnership and shipment reflect continued growth and demand in the Middle East region."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189050,"accession_number":"0001493152-24-040291","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-10-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power Technologies receives $1.1M NJEDA NOL award; ships PowerBuoy to Middle East","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Preliminary $1.1M award from NJEDA Technology Business Tax Certificate Transfer Program (NOL program).","Non-dilutive funding from selling net operating losses and R&D credits; similar to $1.2M in 2023.","Confirms shipment of AI-capable Merrows PowerBuoy to a Middle East customer.","Shipment expands Merrows offering in the region; customer confirmed previously announced unit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205542,"accession_number":"0001493152-24-038785","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power signs MOU with Brazil's SENAI; ships multiple WAM-Vs to US Gov't","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Signed MOU with SENAI in Brazil to explore Blue Economy opportunities including WAM-Vs and PowerBuoys with Merrows AI.","Shipped multiple WAM-Vs on sole source contract to US Government department; delivery triggers revenue recognition.","Terms of contract not disclosed; builds on recent commercial success in North America, Sub-Saharan Africa, and Middle East.","CEO Philipp Stratmann says shipment confirms conversion of pipeline to bookings and revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205541,"accession_number":"0001493152-24-037590","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-09-20T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"OPT reports Q1 FY2025 net loss of $4.5M; operating expenses down 39% YoY; pipeline reaches record $92M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $1.3M flat YoY; gross margin fell to 34% from 52% due to lower-margin pass-through revenue.","Operating expenses of $4.9M decreased 39% from $8.1M; net loss improved to $4.5M from $7.0M.","Pipeline grew to ~$92M (record); backlog increased 71% to $5.3M from $3.1M.","Cash used in operations was $6.1M, down 23% YoY; cash and equivalents of $3.3M, no debt.","Amended stock purchase agreement adds covenant limiting share issuance to 19.99% without stockholder approval."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":1301000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205540,"accession_number":"0001493152-24-036040","cik":1378140,"company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","form_type":"8-K","filed_at":"2024-09-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ocean Power completes WAM-V delivery, readies PowerBuoy for Middle East, wins $1M Navy contract","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Completed WAM-V USV build for Latin America survey customer; triggers revenue recognition of over $0.3M.","AI-capable Merrows PowerBuoy readied for shipment to Middle East customer; revenue recognition milestone achieved.","Awarded $1M follow-on contract as subcontractor to EpiSci for Naval Information Warfare Center Pacific's Project Overmatch.","First MAPG exercises concluded, enabling immediate revenue recognition on the Navy contract."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":87727915.5937644,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-09-12T23:59:59+00:00|205540"}