{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-021008","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2025-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.846706+00:00","generated_at":"2026-05-18T00:54:44.999651+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"OPT reports FY25 net loss of $21.5M; backlog hits record $12.5M (+158% YoY)","bullets":["FY25 revenue $5.9M (+6% YoY); operating expenses down 28% to $23.3M.","Record backlog of $12.5M and pipeline of $137.5M as of April 30, 2025.","Signed $3M reseller agreement with Mexican firm to expand Latin American reach.","Cash and equivalents $6.9M, up from $3.3M at prior year-end; operating cash burn improved to $18.6M.","Net loss narrowed to $21.5M from $27.5M; gross profit $1.7M vs $2.8M in FY24."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-021008","json":"https://secwatch.observer/filing/0001641172-25-021008.json","markdown":"https://secwatch.observer/filing/0001641172-25-021008.md","text":"https://secwatch.observer/filing/0001641172-25-021008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000164117225021008/0001641172-25-021008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000164117225021008/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T00:54:44.999651+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"}