{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-010048","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2026-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.949665+00:00","generated_at":"2026-05-15T12:24:25.032921+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ocean Power Q3 revenue $400-600K (down ~50% YoY); net loss ~$11.4M; backlog $19.9M (+165%)","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-010048","json":"https://secwatch.observer/filing/0001493152-26-010048.json","markdown":"https://secwatch.observer/filing/0001493152-26-010048.md","text":"https://secwatch.observer/filing/0001493152-26-010048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000149315226010048/0001493152-26-010048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000149315226010048/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:24:25.032921+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":[{"claim_id":"5eb73a58f8ba6be760872a9be4eb260e87b145b8","claim":"Ocean Power Technologies, Inc. reported the third quarter ended January 31, 2026 results: revenue $400 thousand to $600 thousand, net income approximately $11.3 to $11.5 million.","evidence_excerpt":"and geographic expansion, reinforcing OPT’s role as a provider of persistent, mission-critical maritime infrastructure for U.S. national security. ● Revenue: Estimated to be $400 thousand to $600 thousand for Q3FY26, compared to $0.8 million for the same period last year ● Net Loss: Anticipated net loss of approximately $11.3 to $11.5 million, compared to $6.7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378140/000149315226010048/0001493152-26-010048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended January 31, 2026"},{"label":"Revenue","value":"$400 thousand to $600 thousand"},{"label":"Net income","value":"approximately $11.3 to $11.5 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}