Business Context and Reporting Period
Company: Ocean Power Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: March 12, 2009
Reporting Period: Quarter ended January 31, 2009
This filing serves as a notification that the Company issued a press release on March 12, 2009, announcing its financial results for the quarter ended January 31, 2009. The press release is attached as Exhibit 99.1.
Key Financial Metrics
The provided text is a cover document for the Form 8-K and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached press release (Exhibit 99.1), which is not included in the input text.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. It only confirms the issuance of results for the quarter ended January 31, 2009.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, guidance, outlook, risks, contingencies, or unusual items. It explicitly states that the information contained in the Form 8-K and its exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference, except as expressly set forth by specific reference.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific financial results for the quarter ended January 31, 2009.
- Verify the Company's liquidity position and cash burn rate, as these are critical for early-stage technology firms but are not detailed in this cover letter.
- Check for any forward-looking statements or guidance provided in the full press release text.
- Confirm the status of the Company's debt obligations and working capital requirements.