|January 31,||April 30,|
|Cash and cash equivalents||$||7,829,751||4,376,136|
|Other current assets||801,009||832,142|
|Total current assets||35,117,526||32,968,188|
|Property and equipment, net||734,734||792,092|
|Other noncurrent assets||520,647||622,245|
|LIABILITIES AND STOCKHOLDERS' EQUITY|
|Deferred credits payable||600,000||-|
|Current portion of long term debt||100,000||139,378|
|Total current liabilities||5,783,696||6,011,080|
|Ocean Power Technologies, Inc. Stockholders’ equity:|
|Preferred stock, $0.001 par value; authorized 5,000,000 shares; none issued or outstanding||
|Common stock, $0.001 par value; authorized 105,000,000 shares; issued of 10,414,389 and 10,419,183 shares, respectively||10,414||10,419|
|Treasury stock, at cost; 22,195 and 7,685 shares, respectively||(98,517)||(42,734)|
|Additional paid-in capital||158,110,305||157,174,930|
|Accumulated other comprehensive (loss) income||(90,266)||175,907|
|Total Ocean Power Technologies, Inc. stockholders' equity||36,038,857||46,469,550|
|Noncontrolling interest in Ocean Power Technologies (Australasia) Pty, Ltd||(12,137)||21,948|
|Total liabilities and stockholders’ equity||$||42,185,416||53,552,578|
Ocean Power Technologies Announces Results For The Fiscal Third Quarter Ended January 31, 2012
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