{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-010878","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2025-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.476020+00:00","generated_at":"2026-05-24T11:36:38.473037+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OPTT Q3 FY2025 revenue $0.8M (-54% YoY), backlog record $7.5M, cash burn down 59%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-010878","json":"https://secwatch.observer/filing/0001493152-25-010878.json","markdown":"https://secwatch.observer/filing/0001493152-25-010878.md","text":"https://secwatch.observer/filing/0001493152-25-010878.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225010878/0001493152-25-010878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225010878/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T11:36:38.473037+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"}