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Ocean Thermal Energy(OTC) CPWR

Current Price$0.01
Market Cap$1.33MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2017)-100%
5 Year-67%
1 Year+3,400%
1 Month+11%
Ocean Thermal Energy last closing stock price
MetricPriceDate
Last closeUSD 0.012026-07-21
Ocean Thermal Energy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-6.67%USD 0.012026-07-13
1 month+11.11%USD 0.012026-06-18
3 month+40%USD 0.012026-04-20
Year to date-57.06%USD 0.022025-12-31
1 year+3,400%USD 0.002025-07-17
3 year-9.09%USD 0.012023-07-19
5 year-66.67%USD 0.022021-07-22
Since inception-99.75%USD 2.772017-05-16

Ocean Thermal Energy Financials at a Glance

Market Cap

$1.33MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$3.24M

Net Income (TTM)

-$5.88M

EPS (TTM)

-$0.32

P/E Ratio

-0.02

Dividend

$0.00

Beta (Volatility)

26.77 (High)

Price

$0.01

Volume

780

Open

$0.01

Previous Close

$0.01

Daily Range

$0.01 - $0.01

52-Week Range

$0.00 - $0.02

Estimated Earnings Date

N/A

CPWR News

No articles available.

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About Ocean Thermal Energy

Ocean Thermal Energy helps provide electricity, fresh water, and cooling using ocean or lake water. Its solutions target communities with high energy costs or water shortages. The company mainly serves governments and large commercial clients needing sustainable infrastructure.

Products and Services

  • OTEC Plants: Generate electricity using temperature differences in ocean water (100% of 2025 revenue).
  • Seawater/Lake Cooling: Use cold water from oceans or lakes for air conditioning in large buildings.
  • Desalinated Water: Produce fresh water for drinking, farming, and fish farming as a byproduct.
  • EcoVillages: Develop sustainable communities powered by renewable energy and water solutions.

Growth and Expansion

  • Signed $3.5 million U.S. Army contract in 2025 with Johnson Controls for OTEC design.
  • Formed strategic partnerships with DCO Energy and Johnson Controls for engineering and construction.
  • Expanded project pipeline to the Caribbean, Southeast Asia, and Indo-Pacific regions since 2024.
  • Pursued new government and commercial contracts in 2025.

What Makes Ocean Thermal Energy Stand Out

The company integrates electricity, water, and cooling in one plant, targeting regions with urgent infrastructure needs. Its proprietary technology and modular plant design allow for flexible, scalable solutions. Strategic partnerships and government contracts support its project-based business model.

Five Things You Need to Know

  • 2025 revenue was $3.0 million, up from $0 in 2024.
  • All 2025 revenue came from a single U.S. Army contract.
  • Net loss was $69.3 million in 2025, mainly due to derivative liabilities.
  • Cash at year-end 2025 was $403,667, with negative working capital of $113.3 million.
  • Company relies on external funding and has significant debt and legal obligations.

Bottom Line

Ocean Thermal Energy shifted from research to contract execution in 2025, focusing on large infrastructure projects. The company faces financial challenges but continues to pursue new markets and government partnerships.

AI Generated • Apr 16, 2026

Industry

Independent Power and Renewable Electricity Producers

Sector

Utilities

Employees

2

CEO

Jeremy P. Feakins

Website

www.otecorporation.com

Headquarters

Philadelphia, PA 17603-5818, US

CPWR Financials

Key Financial Metrics (TTM)

Gross Margin

6.79%

Operating Margin

-24.76%

Net Income Margin

-181.24%

Return on Equity

4.54%

Return on Capital

N/A

Return on Assets

-1366.14%

Earnings Yield

-50.00%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$1.33MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

190.01M

Volume

780

Avg. Volume

31.43K

Financials (TTM)

Gross Profit

$220.28K

Operating Income

-$803.38K

EBITDA

-$31.41M

Operating Cash Flow

-$168.66K

Capital Expenditure

$1.00

Free Cash Flow

-$168.66K

Cash & ST Invst.

$166.22K

Total Debt

$6.09M

Ocean Thermal Energy Performance Analysis

Ocean Thermal Energy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 0N/A
20232023-12-31USD 0N/A
20242024-12-31USD 0N/A
20252025-12-31USD 3,013,875N/A
Ocean Thermal Energy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30389.1%
Q32025-09-30-51.1%
Q42025-12-31282.3%
Q12026-03-31-74.5%
Ocean Thermal Energy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.04129.8%
20232023-12-31USD -0.0530.3%
20242024-12-31USD -0.01-87.5%
20252025-12-31USD -0.345346.0%
Ocean Thermal Energy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-6475.3%
Q32025-09-3020.8%
Q42025-12-31236.8%
Q12026-03-31-95.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$403.52K

+133.2%

Gross Profit

-$324.38K

-105.7%

Gross Margin

-80.39%

N/A

Market Cap

$1.33MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$665.05K

N/A

Employees

2

N/A

Net Income

$62.01M

+4520.9%

EBITDA

$62.77M

+8659.4%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$166.22K

+3622.7%

Total Debt

$6.09M

-0.8%

Accounts Receivable

$259.20K

-51.9%

Inventory

$0.00

N/A

Long Term Debt

$0.00

-100.0%

Short Term Debt

$6.09M

-0.4%

Return on Assets

-13.66%

N/A

Return on Invested Capital

1.56%

N/A

Free Cash Flow

-$237.18K

-46.5%

Operating Cash Flow

-$237.18K

-46.5%

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Questions About CPWR

What is the current price of Ocean Thermal Energy?

Ocean Thermal Energy is trading at $0.01 per share.

What is the 52-week range for Ocean Thermal Energy?

Over the past 52 weeks, Ocean Thermal Energy has traded between $0.00 and $0.02.

How much debt does Ocean Thermal Energy have?

As of the most recent reporting period, Ocean Thermal Energy reported total debt of $8.67M.

How much cash does Ocean Thermal Energy have on hand?

Ocean Thermal Energy reported $166.22K in cash and cash equivalents in its most recent financial results.

What is Ocean Thermal Energy’s dividend yield?

Ocean Thermal Energy does not currently have a dividend yield.

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