{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-050911","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2024-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.294898+00:00","generated_at":"2026-05-29T00:11:58.718999+00:00","sec_items":["1.01","2.02","2.03","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OPT Q2 revenue $2.4M (up 172% YoY); net loss narrows to $3.9M; $54M convertible note facility","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-050911","json":"https://secwatch.observer/filing/0001493152-24-050911.json","markdown":"https://secwatch.observer/filing/0001493152-24-050911.md","text":"https://secwatch.observer/filing/0001493152-24-050911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000149315224050911/0001493152-24-050911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000149315224050911/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T00:11:58.718999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}