How government-dependent was Ocean Power Technologies, Inc. in fiscal year 2024?

In fiscal year 2024, US federal contract obligations equal at least 6.6% of Ocean Power Technologies, Inc.'s reported revenue - $365.1k in federal awards against $5.5M in revenue as filed with the SEC.

Cite as: FACTANKER, https://factanker.com/entity/04ec2d51-63b3-4a3b-87d7-6d3de5924d73/government-dependency/2024

Fiscal year	Revenue (SEC, as filed)	Federal obligations	Share	Data status
FY 2026	$700.0k	$0	0.0%	none
FY 2025	$5.9M	$149.8k	≥ 2.6%	contracts only
FY 2024	$5.5M	$365.1k	≥ 6.6%	contracts only

Evidence
Revenue FY 2024: evidence fact 36fe44f0… (SEC filing)
Federal obligations FY 2024: sum of 1 award records (USAspending bulk data)
Identity consolidation: CIK 0001378140 · LEI 529900PIW1SG4NP5E125 · UEI QMEHBTKWMQG3 - linked via evidence-backed same_as facts, see all facts of this organization

Methodology & sources
Revenue: company fiscal year, as filed with the SEC (XBRL concept per evidence fact). Obligations: US federal fiscal year of the award date, consolidated across all registrations of the corporate group. Computed in the database, precomputed weekly - never by a model. Sources: SEC EDGAR, USAspending (public domain).

Not claimed

The two periods do not align exactly: revenue follows the company's fiscal year, obligations the US federal fiscal year (Oct-Sep).
Years marked 'contracts only': grant/assistance awards are not yet loaded - the share is a floor, not the full figure.
Fiscal years without a share: obligations base files not yet loaded; a missing value means missing load, not zero government business.
Obligations are amounts obligated, not amounts paid out.
The share consolidates all registrations of the corporate group via evidence-backed identity links (same_as facts).

Latest fiscal year & all years · Ocean Power Technologies, Inc. - all facts · Use this metric in your own models: JSON/API · API/MCP quickstart