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Ocean Power Technologies Revises Fiscal 2026 Results After Audit
Business
— Aug 19, 2026
Ocean Power Technologies revised its fiscal 2026 results after audit procedures, trimming revenue to about $3.7 million and increasing net loss to about $48.9 million, with changes tied to accounting treatment rather than business activity and having no impact on cash flow. The filing also notes a backlog around $20.1 million, a geographic shift toward EMEA and Asia-Pacific, and a strategy to grow recurring revenue through DAAS, RaaS, and PaaS while continuing deployments of its PowerBuoy and related systems.
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US seeks unprecedented access to medical records
x/united-states-of-america
— Aug 17, 2026
Canada is moving toward patient-centered care by expanding direct online access to personal medical records through provincial digital health platforms, enabling real-time viewing of prescriptions, labs, and imaging. In the United States, HIPAA leaves large swaths of health data outside protection, while federal push and weak anonymization safeguards raise concerns about data sharing and unprecedented access to medical records for government and research purposes.
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