---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048495"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T09:42:01.574297+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ocean Power Technologies reports preliminary Q2 FY2025 revenue above $2M, net loss down 44%

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-048495
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315224048495/0001493152-24-048495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315224048495/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048495
- JSON: https://secwatch.observer/filing/0001493152-24-048495.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048495.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.