Ocean Power Technologies
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Ocean Power Technologies generated cash of -$29,763,000, which is less than the previous year. Cash used in financing activities reached the amount of $469,000 last year. Net change in cash is therefore -$3,798,000.
Cash Flow
| 2015 | -17.17M | 21.17M | -100.65K |
|---|---|---|---|
| 2016 | -10.93M | 114.87K | 220.67K |
| 2017 | -10.03M | -176K | 11.94M |
| 2018 | -10.69M | -658K | 14.58M |
| 2019 | -12.14M | -29K | 17.18M |
| 2020 | -10.57M | -65K | 4.44M |
| 2021 | -11.67M | 74K | 84.17M |
| 2022 | -21.29M | -54.03M | 87K |
| 2023 | -21.70M | 20.46M | -14K |
| 2024 | -29.76M | 25.49M | 469K |
OPTT Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 7.10M | 8.36M | 83.63M | 10.93M | 17.15M | 12.22M | 8.90M | 6.73M | 17.33M | 13.85M |
Operating activities | ||||||||||
Net income | -27.48M | -26.32M | -18.87M | -14.76M | -10.35M | -12.24M | -10.15M | -9.48M | -13.08M | -13.22M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.16M | 637K | 515K | 372K | 355K | 180K | 122K | 140K | 111.71K | 965.15K |
Stock-based compensation expense | 1.15M | 1.46M | 1.16M | 781K | 340K | 295K | 329K | 1.23M | 336.34K | 332.59K |
| Deferred income tax benefit | 1.15M | 1.46M | 1.16M | 781K | 340K | 295K | 329K | 1.23M | 336.34K | 332.59K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 83K | -262K | -133K | -245K | -42K | 108K | -123K | -48K | 103.47K | 205.26K |
Inventories | -3.78M | -602K | -292K | 1.91M | -771K | 65K | -402K | -575K | 793.76K | -73.75K |
Accounts payable | 2.41M | 47K | 217K | 441K | -92K | 23K | -296K | 213K | 21.74K | -144.79K |
Cash generated by operating activities | -29.76M | -21.70M | -21.29M | -11.67M | -10.57M | -12.14M | -10.69M | -10.03M | -10.93M | -17.17M |
Investing activities | ||||||||||
Purchases Of Investments | -7.89M | -43.44M | -49.44M | 0 | 0 | -25K | -25K | 0 | 0 | -13.82M |
Investments In Property Plant And Equipment | -2.58M | -1.01M | -145K | -26K | -65K | -54K | -658K | -37K | -24.14K | -76.39K |
Acquisitions Net | 0 | 371K | -4.44M | 100K | 0 | -25K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 25.49M | 20.46M | -54.03M | 74K | -65K | -29K | -658K | -176K | 114.87K | 21.17M |
Financing activities | ||||||||||
Common Stock Issued | 483K | 0 | 0 | 83.56M | 4.46M | 17.18M | 14.65M | 12.15M | 288.94K | 650 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -14K | -3K | -281K | -1K | -1K | -37K | -125K | -5.75K | -1.30K |
Repayments of term debt | 0 | 0 | 0 | -890K | 0 | -23K | -35K | -78K | -62.51K | -100K |
Cash used in financing activities | 469K | -14K | 87K | 84.17M | 4.44M | 17.18M | 14.58M | 11.94M | 220.67K | -100.65K |
Net Change In Cash | -3.79M | -1.25M | -75.27M | 72.70M | -6.22M | 4.93M | 3.31M | 1.69M | -10.60M | 3.47M |
Cash at end of period | 3.30M | 7.10M | 8.36M | 83.63M | 10.93M | 17.15M | 12.22M | 8.42M | 6.72M | 17.33M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |