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Ocean Power Technologies OPTT R&D credit carryforward
R&D credit carryforward at other companies
Other financials
Where this comes from
Reported directly by Ocean Power Technologies in its filing.
Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsResearch.
The source filing: Ocean Power Technologies’s 10-K, filed July 24, 2025.
- Filed
- Jul 24, 2025
- Fiscal year
- FY2025
- Accession
- 0001641172-25-020888
| Line item | April 30, 2025 | April 30, 2024 |
|---|---|---|
| Federal net operating loss carryforwards | $52,496 | $48,745 |
| Foreign net operating loss carryforwards | — | 2,059 |
| State operating loss carryforwards | 1,950 | 1,934 |
| Federal and New Jersey research and development tax credits | 5,553 | 5,404 |
| Stock compensation | 378 | 470 |
| Accrued expenses | 188 | 312 |
| Research and experimentation expenses | 2,259 | 1,977 |
| Other | 337 | 601 |
Item 14. Principal Accountant Fees and Services ITEM
FAQ
- What is Ocean Power Technologies's r&d credit carryforward?
- Ocean Power Technologies (OPTT) reported r&d credit carryforward of $5.55M in Q1 2025.
- What is the long-term trend for Ocean Power Technologies's r&d credit carryforward?
- Over 4 years (2021 to 2025), Ocean Power Technologies's r&d credit carryforward has grown at a 13.9% compound annual growth rate (CAGR), from $3.3M to $5.55M.
- What does r&d credit carryforward mean?
- The value of tax credits generated from research and development activities that can be carried forward to offset future tax liabilities. This asset represents a potential future cash flow benefit by reducing the company's effective tax rate. It highlights the company's historical investment in innovation and its ability to manage tax efficiency.
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