Risk factors
Ocean Power Technologies (OPTT) risk factors
Item 1A of every Ocean Power Technologies, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors48 risks6 new1 dropped8 reworded
Government dependence, backlog timing, and international defense activity now receive greater emphasis.
Filed Aug 19, 2026 - FY2025 10-K risk factors43 risks
Ocean Power Technologies faces continuous operating losses with an accumulated deficit of $329.1 million as of April 30, 2025. The company relies heavily on equity and debt financing, including $10.0 million in convertible notes. Commercial success depends on unproven market demand for PowerBuoys, NextGen PB, and WAM-V vessels.
Filed Jul 24, 2025