The ability to handle data is critical at all stages of marine energy development. The Marine and Hydrokinetic Toolkit (MHKiT) is an open-source marine energy software, which includes modules for ingesting, applying quality control, processing, visualizing, and managing data. MHKiT-Python and MHKiT-MATLAB provide robust and verified functions that are needed by the marine energy community to standardize data processing. Calculations and visualizations adhere to International Electrotechnical Commission technical specifications and other guidelines. A resource assessment of National Data Buoy Center buoy 46050 near PACWAVE is performed using MHKiT and we discuss comparisons to the resource assessment provided performed by Dunkle et al. (2020).