Ocean Power Technologies, Inc. (OPTT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
OPTT currently has 228M outstanding shares. with limited dilution risk as only 37.4M additional shares (16.4%) are authorized for issuance. The company has significantly diluted shareholders by 103.21% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 17, 2026 |
10-Q filing | 228.0M shares outstanding |
230M | 37M |
| Dec 15, 2025 |
10-Q filing | 183.6M shares outstanding |
180M | 37M |
| Jul 24, 2025 |
10-K filing | 177.5M shares outstanding |
180M | 37M |
| Mar 17, 2025 |
10-Q filing | 170.1M shares outstanding |
170M | 37M |
| Dec 16, 2024 |
10-Q filing | 146.0M shares outstanding |
150M | 37M |
| Sep 16, 2024 |
10-Q filing | 97.9M shares outstanding |
98M | 37M |
| Sep 06, 2024 |
S-3/A filing: This is an S-3/A filing for OCEAN POWER TECHNOLOGIES, INC. regarding the offering of 2,864,808 shares of common stock by selling stockholders. |
93M | 37M |
| Aug 06, 2024 |
S-3 filing: This is an S-3 filing for OCEAN POWER TECHNOLOGIES, INC. regarding the offering of 2,864,808 shares of common stock by selling stockholders. The last reported sale price of the common stock on August 1, 2024 was $0.21 per share. |
93M | 37M |
| Jul 25, 2024 |
10-K filing | 92.7M shares outstanding |
93M | 35M |
| Mar 13, 2024 |
10-Q filing | 58.9M shares outstanding |
59M | 35M |
| Dec 13, 2023 |
10-Q filing | 58.8M shares outstanding |
59M | 35M |
| Dec 01, 2023 |
S-3 filing: The filing is for a shelf registration of various securities, including debt securities, common stock, preferred stock, depositary shares, warrants, subscription rights, purchase contracts, and units, up to a total aggregate offering price of $100,000,000. |
59M | 35M |
| Sep 21, 2023 |
S-3/A filing: This is an S-3/A filing related to common stock. It discusses voting rights, dividends, liquidation and distribution, and anti-takeover effects. |
59M | 35M |
| Sep 13, 2023 |
10-Q filing | 58.7M shares outstanding |
59M | 35M |
| Jul 28, 2023 |
10-K filing | 58.7M shares outstanding |
59M | 35M |
| Jul 24, 2023 |
S-3/A filing: This is an S-3/A filing providing information about the company's common stock, including voting rights, dividend rights, and liquidation and distribution rights. It also discusses anti-takeover effects of Delaware law, the company's certificate of incorporation, and bylaws. |
59M | 35M |
| Jun 30, 2023 |
S-3 filing: This is an S-3 filing describing common stock, including voting rights, dividends, liquidation and distribution rights, and anti-takeover effects of Delaware law, the certificate of incorporation, and bylaws. |
59M | 35M |
| Mar 13, 2023 |
10-Q filing | 56.2M shares outstanding |
56M | 35M |
| Dec 14, 2022 |
10-Q filing | 55.9M shares outstanding |
56M | 35M |
| Sep 12, 2022 |
10-Q filing | 55.9M shares outstanding |
56M | 35M |
| Jul 13, 2022 |
10-K filing | 55.9M shares outstanding |
56M | 35M |
| Mar 14, 2022 |
10-Q filing | 55.9M shares outstanding |
56M | 35M |
| Dec 14, 2021 |
10-Q filing | 55.9M shares outstanding |
56M | 35M |
| Nov 19, 2021 |
S-3 filing: This is an S-3 filing detailing the description of common stock, voting rights, dividends, liquidation and distribution, anti-takeover effects of Delaware law, and removal of directors. |
56M | 35M |
| Nov 16, 2021 |
8-K filing: Ocean Power Technologies, Inc. acquired Marine Advanced Robotics, Inc. for $4,000,000 in cash and 3,330,162 shares of common stock valued at $7,000,000. ($7.0M proceeds) |
52M | 35M |
| Sep 13, 2021 |
10-Q filing | 52.5M shares outstanding |
52M | 35M |
| Jul 19, 2021 |
10-K filing | 52.5M shares outstanding |
52M | 35M |
| Mar 05, 2021 |
10-Q filing | 51.0M shares outstanding |
51M | 35M |
| Feb 02, 2021 |
8-K filing: Ocean Power Technologies, Inc. acquired all of the outstanding equity interest of 3dent Technology, LLC from the Sellers, issuing 331,961 shares of its common stock to the Sellers with an agreed value of $800,000. ($0.8M proceeds) |
31M | 35M |
| Dec 07, 2020 |
10-Q filing | 30.8M shares outstanding |
31M | 35M |
| Nov 20, 2020 |
S-3 filing: This S-3 filing discusses the dilution in net tangible book value per share after an offering of common stock, estimating the impact based on the sale of 25,380,710 shares at an assumed price of $1.97 per share. |
19M | 35M |
| Sep 18, 2020 |
S-1 filing: This S-1 filing registers 3,722,251 shares of common stock offered by Aspire Capital Fund, LLC, and also covers a common stock purchase agreement with Aspire Capital for up to $12.5 million of the company's common stock. |
19M | 9.1M |
| Sep 14, 2020 |
10-Q filing | 18.6M shares outstanding |
19M | 5.4M |
| Jun 29, 2020 |
10-K filing | 17.1M shares outstanding |
17M | 5.4M |
| Jun 12, 2020 |
S-1 filing: This S-1 filing registers the sale of 2,500,000 shares of common stock by Aspire Capital Fund, LLC, and also covers a common stock purchase agreement with Aspire Capital for up to $10.0 million of common stock. |
16M | 5.4M |
| Mar 09, 2020 |
10-Q filing | 9.3M shares outstanding |
9.3M | 2.9M |
| Feb 07, 2020 |
S-1/A filing: This S-1/A filing registers 2,900,000 shares of common stock for sale by the selling stockholder, Aspire Capital, pursuant to a common stock purchase agreement, and may receive up to $10.0 million from the sale of common stock to the selling stockholder. |
8.7M | 2.9M |
| Jan 21, 2020 |
S-1 filing: This filing relates to the sale of up to 5,400,000 shares of common stock by Aspire Capital Fund, LLC and the potential sale of up to $10.0 million of common stock to Aspire Capital pursuant to a common stock purchase agreement. |
8.4M | 5.4M |