{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-027865","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.261288+00:00","generated_at":"2026-05-16T13:01:29.557708+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":"OPT reports Q2 FY2026 revenue of $0.4M, net loss $10.8M; backlog rises 300% to $15M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-027865","json":"https://secwatch.observer/filing/0001493152-25-027865.json","markdown":"https://secwatch.observer/filing/0001493152-25-027865.md","text":"https://secwatch.observer/filing/0001493152-25-027865.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225027865/0001493152-25-027865-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000149315225027865/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:01:29.557708+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"}