Ocean Power Technologies OPTT Prepaid Insurance
Prepaid Insurance 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:PrepaidInsurance.
The official record: Ocean Power Technologies’s 10-Q, filed March 17, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Ocean Power Technologies's prepaid insurance?
- Ocean Power Technologies (OPTT) reported prepaid insurance of $252K in Q4 2025.
- How has Ocean Power Technologies's prepaid insurance changed year-over-year?
- Ocean Power Technologies's prepaid insurance increased by 29.2% year-over-year, from $195K to $252K.
- What is the long-term trend for Ocean Power Technologies's prepaid insurance?
- Over 4 years (2021 to 2025), Ocean Power Technologies's prepaid insurance has grown at a -19.9% compound annual growth rate (CAGR), from $194K to $80K.
- What does prepaid insurance mean?
- This reflects the value of insurance premiums paid in advance for coverage that will be utilized in future periods. It represents an asset that will be amortized as an expense over the term of the policy. Tracking this helps in understanding the timing of cash outflows relative to the recognition of insurance-related operating expenses.