Business Context and Reporting Period
This Form 8-K was filed by Ocean Power Technologies, Inc. on April 6, 2018, reporting events occurring on April 5, 2018. The company is incorporated in Delaware and operates from Monroe Township, New Jersey.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial statements.
Material Changes
No material financial changes versus a prior comparable period are reported in this document.
Guidance, Outlook, and Management Commentary
Under Item 7.01 (Regulation FD Disclosure), the company announced it will discuss its anchorless sonar PowerBuoyTM at the Navy Forum for SBIR/STTR Transition. The event is scheduled for Monday, April 9, 2018, in National Harbor, Maryland. A press release detailing this participation is included as Exhibit 99.1.
Investor Verification Checklist
- Verify the date and location of the Navy Forum for SBIR/STTR Transition (April 9, 2018, National Harbor, MD).
- Review the attached press release (Exhibit 99.1) for specific details regarding the anchorless sonar PowerBuoyTM technology.
- Confirm that this filing is for disclosure purposes only and does not constitute a filing of financial data under Section 18 of the Exchange Act.