Ocean Thermal Energy Corporation (CPWR)
OID · Utilities · Utilities - Renewable
$0.01
+14.29%
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
Market Cap
$1.5M
Shares Outstanding
190.0M
P/S (TTM)
0.5x
Exchange
OID
Currency
USD
About Ocean Thermal Energy Corporation
Ocean Thermal Energy Corporation operates in ocean thermal energy conversion power, seawater air conditioning, and lake water air conditioning plants businesses for commercial properties, utilities, and municipalities in the United States. The company engages in power generation activities; and desalinating fresh water for agriculture and human consumption. It also provides seawater air conditioning which is designed to use cold water from ocean depths to provide air conditioning for large commercial buildings and other facilities. Ocean Thermal Energy Corporation was founded in 1998 and is headquartered in Philadelphia, Pennsylvania.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 846K | 414K | 1.6M | 404K |
| Gross Profit | 217K | 106K | 222K | -259K |
| Operating Income | -128K | -284K | 487K | -488K |
| Net Income | -94.7M | -72.0M | 98.8M | 62.0M |
| Diluted EPS | $-0.48 | $-0.38 | $nan | $0.00 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 3.0M | |
| Gross Profit | 0.00 | 589K | ||
| Operating Income | -1.5M | -1.5M | -172K | |
| Net Income | -6.9M | -9.3M | -69.3M | |
| Diluted EPS | $-0.04 | $nan | $-0.01 | $-0.34 |