Income Statement Ideal Power Inc.

Stocks

IPWR

US4516222035

Semiconductors

Market Closed - Nasdaq 16:00:00 2026-09-25 EDT			5-day change	1st Jan Change
4.030 ^USD	+3.33%		0.00%	+30.42%

09-15	Ideal Power Inc. Presents at IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026, Sep-15-2026 through Sep-16-2026
08-13	Ideal Power Inc., Q2 2026 Earnings Call, Aug 13, 2026

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Published financial data: IDEAL POWER INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	576K	203K	199K	86.03K	37.73K
Total Revenues	576K	203K	199K	86.03K	37.73K
Cost of Goods Sold, Total	576K	203K	161K	93.41K	60.41K
Gross Profit	0	0	38.26K	-7.38K	-22.68K
Selling General & Admin Expenses, Total	2.92M	3.98M	4.65M	4.86M	4.83M
R&D Expenses	1.93M	3.37M	5.74M	6.21M	6.04M
Other Operating Expenses, Total	4.85M	7.34M	10.39M	11.06M	10.87M
Operating Income	-4.85M	-7.34M	-10.35M	-11.07M	-10.89M
Interest Expense, Total	-12.7K	-	-	-	-
Interest And Investment Income	-	154K	398K	653K	355K
Net Interest Expenses	-12.7K	154K	398K	653K	355K
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-4.86M	-7.19M	-9.95M	-10.42M	-10.54M
Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-41.12K
Legal Settlements	-	-	-	-	-
Other Unusual Items	91.41K	-	-	-	-
EBT, Incl. Unusual Items	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Earnings From Continuing Operations	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Net Income - (IS)	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Net Income to Common Incl Extra Items	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Net Income to Common Excl. Extra Items	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Per Share Items
Net EPS - Basic	-0.8	-1.17	-1.61	-1.28	-1.16
Basic EPS - Continuing Operations	-0.8	-1.17	-1.61	-1.28	-1.16
Basic Weighted Average Shares Outstanding	5.94M	6.16M	6.19M	8.17M	9.14M
Net EPS - Diluted	-0.8	-1.17	-1.61	-1.28	-1.16
Diluted EPS - Continuing Operations	-0.8	-1.17	-1.61	-1.28	-1.16
Diluted Weighted Average Shares Outstanding	5.94M	6.16M	6.19M	8.17M	9.14M
Normalized Basic EPS	-0.51	-0.73	-1	-0.8	-0.72
Normalized Diluted EPS	-0.51	-0.73	-1	-0.8	-0.72
Supplemental Items
EBITDA	-4.69M	-7.16M	-10.08M	-10.73M	-10.52M
EBITA	-4.72M	-7.19M	-10.16M	-10.86M	-10.67M
EBIT	-4.85M	-7.34M	-10.35M	-11.07M	-10.89M
EBITDAR	-4.57M	-7.08M	-10M	-10.63M	-10.4M
Total Revenues (As Reported)	-	-	199K	86.03K	-
Normalized Net Income	-3.04M	-4.49M	-6.22M	-6.51M	-6.59M
Supplemental Operating Expense Items
Selling and Marketing Expenses	513K	852K	1.11M	1.25M	1.1M
General and Administrative Expenses	2.41M	3.12M	3.53M	3.61M	3.73M
Research And Development Expense From Footnotes	1.93M	3.37M	5.74M	6.21M	6.05M
Net Rental Expense, Total	125K	76.07K	76.07K	100K	123K
Imputed Operating Lease Interest Expense	50.89K	-	-	-	-
Imputed Operating Lease Depreciation	74.3K	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	67.71K
Stock-Based Comp., Other (Total)	560K	1.08M	2.32M	1.6M	756K
Total Stock-Based Compensation	560K	1.08M	2.32M	1.6M	823K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	23.17M	16.35M	8.47M	15.84M	6.13M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	23.17M	16.35M	8.47M	15.84M	6.13M
Accounts Receivable, Total	233K	65.94K	70K	692	24K
Other Receivables	-	-	-	-	-
Total Receivables	233K	65.94K	70K	692	24K
Inventory	-	-	81.45K	96.41K	9.7K
Prepaid Expenses	43.9K	382K	351K	176K	214K
Other Current Assets, Total	-	110K	132K	181K	164K
Total Current Assets	23.45M	16.9M	9.11M	16.3M	6.54M
Gross Property Plant And Equipment	474K	591K	765K	1.21M	1.22M
Accumulated Depreciation	-111K	-142K	-219K	-308K	-446K
Net Property Plant And Equipment	363K	449K	546K	899K	774K
Other Intangibles, Total	2.06M	2.04M	2.58M	2.61M	2.69M
Other Long-Term Assets, Total	11.19K	11.19K	13.03K	19.35K	44.46K
Total Assets	25.88M	19.4M	12.25M	19.83M	10.05M
Liabilities
Accounts Payable, Total	130K	131K	405K	104K	408K
Accrued Expenses, Total	278K	254K	455K	374K	471K
Current Portion of Leases	58.86K	64.6K	70.68K	82.68K	93.44K
Current Income Taxes Payable	75.2K	-	-	-	-
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	543K	449K	931K	561K	973K
Long-Term Debt	-	-	-	-	-
Long-Term Leases	268K	203K	132K	403K	310K
Other Non Current Liabilities	917K	838K	1.13M	1.01M	887K
Total Liabilities	1.73M	1.49M	2.19M	1.97M	2.17M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	5.89K	5.93K	6K	8.34K	8.54K
Additional Paid In Capital	104M	105M	107M	125M	126M
Retained Earnings	-79.91M	-87.1M	-97.05M	-107M	-118M
Treasury Stock	-13.21K	-13.21K	-13.21K	-13.21K	-13.21K
Total Common Equity	24.15M	17.91M	10.06M	17.86M	7.88M
Total Equity	24.15M	17.91M	10.06M	17.86M	7.88M
Total Liabilities And Equity	25.88M	19.4M	12.25M	19.83M	10.05M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.9M	5.92M	7.37M	8.34M	12.09M
ECS Total Common Shares Outstanding	5.89M	5.92M	6M	8.34M	8.54M
Book Value / Share	4.1	3.02	1.68	2.14	0.92
Tangible Book Value	22.09M	15.87M	7.48M	15.24M	5.19M
Tangible Book Value Per Share	3.75	2.68	1.25	1.83	0.61
Total Debt	326K	268K	203K	486K	403K
Net Debt	-22.84M	-16.08M	-8.27M	-15.36M	-5.73M
Debt Equivalent Oper. Leases	1M	609K	609K	804K	987K
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Buildings, Total	10.24K	10.24K	10.24K	18.98K	25.52K
Machinery, Total	157K	332K	568K	561K	664K
Full Time Employees	7	8	11	16	17
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	-	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-4.77M	-7.19M	-9.95M	-10.42M	-10.58M
Depreciation & Amortization - CF	25.23K	37.77K	144K	201K	237K
Amortization of Goodwill and Intangible Assets - (CF)	132K	149K	190K	215K	220K
Depreciation & Amortization, Total	158K	187K	334K	417K	458K
Asset Writedown & Restructuring Costs	528	937	-	77.44K	41.12K
Stock-Based Compensation (CF)	560K	1.08M	2.32M	1.6M	729K
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-91.41K	-	-	-15.32K	35.99K
Change In Accounts Receivable	-62.98K	167K	-4.06K	69.31K	-23.31K
Change In Inventories	-	-	-81.45K	-14.96K	50.72K
Change In Accounts Payable	28.52K	3	275K	-301K	304K
Change in Other Net Operating Assets	-103K	-626K	-21.92K	-153K	-153K
Cash from Operations	-4.28M	-6.38M	-7.13M	-8.74M	-9.14M
Capital Expenditure	-44.27K	-183K	-241K	-197K	-119K
Sale (Purchase) of Intangible assets	-193K	-130K	-282K	-309K	-330K
Cash from Investing	-237K	-313K	-523K	-506K	-449K
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Issuance of Common Stock	24.53M	-	-	16.85M	110
Repurchase of Common Stock	-	-128K	-216K	-228K	-129K
Issuance of Preferred Stock	-	-	-	-	-
Cash from Financing	24.53M	-128K	-216K	16.62M	-129K
Net Change in Cash	20.01M	-6.82M	-7.87M	7.37M	-9.71M
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	-	1.3K
Levered Free Cash Flow	-2.64M	-4.02M	-3.94M	-5.61M	-5.53M
Unlevered Free Cash Flow	-2.63M	-4.02M	-3.94M	-5.61M	-5.53M
Change In Net Working Capital	81.46K	379K	-398K	201K	-444K
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-19.55	-20.27	-40.89	-43.15	-45.58
Return on Total Capital	-21.28	-21.52	-45.5	-48.38	-51.14
Return On Equity %	-34.1	-34.19	-71.18	-74.64	-82.22
Return on Common Equity	-34.1	-34.19	-71.18	-74.64	-82.22
Margin Analysis
Gross Profit Margin %	0	0	19.24	-8.57	-60.11
SG&A Margin	506.81	1.96K	2.34K	5.65K	12.8K
EBITDA Margin %	-813.92	-3.52K	-5.07K	-12.47K	-27.89K
EBITA Margin %	-818.3	-3.54K	-5.11K	-12.62K	-28.29K
EBIT Margin %	-841.25	-3.61K	-5.21K	-12.87K	-28.87K
Income From Continuing Operations Margin %	-827.6	-3.54K	-5.01K	-12.11K	-28.04K
Net Income Margin %	-827.6	-3.54K	-5.01K	-12.11K	-28.04K
Net Avail. For Common Margin %	-827.6	-3.54K	-5.01K	-12.11K	-28.04K
Normalized Net Income Margin	-527.16	-2.21K	-3.13K	-7.57K	-17.46K
Levered Free Cash Flow Margin	-457.86	-1.98K	-1.98K	-6.53K	-14.66K
Unlevered Free Cash Flow Margin	-456.48	-1.98K	-1.98K	-6.53K	-14.66K
Asset Turnover
Asset Turnover	0.04	0.01	0.01	0.01	0
Fixed Assets Turnover	2.4	0.5	0.4	0.12	0.05
Receivables Turnover (Average Receivables)	2.86	1.36	2.93	2.43	3.06
Inventory Turnover (Average Inventory)	-	-	-	1.05	1.14
Short Term Liquidity
Current Ratio	43.19	37.62	9.79	29.06	6.72
Quick Ratio	43.11	36.53	9.18	28.25	6.32
Operating Cash Flow to Current Liabilities	-7.89	-14.21	-7.66	-15.59	-9.39
Days Sales Outstanding (Average Receivables)	127.77	268.63	124.75	150.37	119.44
Days Outstanding Inventory (Average Inventory)	-	-	-	348.44	320.56
Average Days Payable Outstanding	73.61	234.33	-	859.93	-3.56K
Cash Conversion Cycle (Average Days)	-	-	-	-361.12	4K
Long Term Solvency
Total Debt/Equity	1.35	1.49	2.02	2.72	5.12
Total Debt / Total Capital	1.33	1.47	1.98	2.65	4.87
LT Debt/Equity	1.11	1.13	1.32	2.26	3.93
Long-Term Debt / Total Capital	1.09	1.12	1.29	2.2	3.74
Total Liabilities / Total Assets	6.68	7.68	17.87	9.94	21.6
EBIT / Interest Expense	-381.78	-	-	-	-
EBITDA / Interest Expense	-359.52	-	-	-	-
(EBITDA - Capex) / Interest Expense	-363	-	-	-	-
Total Debt / EBITDA	-0.07	-0.04	-0.02	-0.05	-0.04
Net Debt / EBITDA	5	2.27	0.83	1.44	0.55
Total Debt / (EBITDA - Capex)	-0.07	-0.04	-0.02	-0.04	-0.04
Net Debt / (EBITDA - Capex)	4.95	2.21	0.81	1.42	0.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	34.63	-64.73	-2.16	-56.74	-56.15
Gross Profit, 1 Yr. Growth %	-	-	-	-119.28	207.44
EBITDA, 1 Yr. Growth %	18.9	52.53	40.87	6.45	-1.24
EBITA, 1 Yr. Growth %	18.81	52.52	41.26	6.83	-0.99
EBIT, 1 Yr. Growth %	19.2	51.43	40.98	6.95	-0.92
Earnings From Cont. Operations, 1 Yr. Growth %	-38.79	50.71	38.46	4.66	1.54
Net Income, 1 Yr. Growth %	-38.79	50.71	38.46	4.66	1.54
Normalized Net Income, 1 Yr. Growth %	-37.62	47.88	38.46	4.66	1.9
Diluted EPS Before Extra, 1 Yr. Growth %	-63.52	45.63	37.72	-20.65	-9.24
Accounts Receivable, 1 Yr. Growth %	36.98	-71.73	6.16	-99.01	3.37K
Inventory, 1 Yr. Growth %	-	-	-	18.36	-89.94
Net Property, Plant and Equip., 1 Yr. Growth %	210.95	23.53	21.61	64.66	-13.87
Total Assets, 1 Yr. Growth %	404.22	-25.03	-36.86	61.88	-49.33
Tangible Book Value, 1 Yr. Growth %	877.49	-28.16	-52.88	103.8	-65.95
Common Equity, 1 Yr. Growth %	530.68	-25.84	-43.83	77.49	-55.88
Cash From Operations, 1 Yr. Growth %	41.8	49.13	11.71	22.59	4.49
Capital Expenditures, 1 Yr. Growth %	217.55	312.61	31.85	-18.09	-39.43
Levered Free Cash Flow, 1 Yr. Growth %	70.81	52.27	-0.53	42.53	-0.61
Unlevered Free Cash Flow, 1 Yr. Growth %	70.64	52.73	-0.53	42.53	-0.61
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-31.1	-41.26	-34.94	-56.44
Gross Profit, 2 Yr. CAGR %	-	-	-	-	-23.01
EBITDA, 2 Yr. CAGR %	24.95	34.67	46.58	22.45	2.16
EBITA, 2 Yr. CAGR %	24.65	34.61	46.78	22.85	2.48
EBIT, 2 Yr. CAGR %	24.76	34.35	46.11	22.79	2.57
Earnings From Cont. Operations, 2 Yr. CAGR %	23.66	-3.96	44.45	20.38	3.09
Net Income, 2 Yr. CAGR %	10.21	-3.96	44.45	20.38	3.09
Normalized Net Income, 2 Yr. CAGR %	24.84	-3.96	43.09	20.38	2.89
Diluted EPS Before Extra, 2 Yr. CAGR %	-34.73	-27.11	41.47	4.54	-15.14
Accounts Receivable, 2 Yr. CAGR %	-	-37.77	-45.22	-89.76	-41.45
Inventory, 2 Yr. CAGR %	-	-	-	-	-65.49
Net Property, Plant and Equip., 2 Yr. CAGR %	8.68	95.99	22.56	41.51	19.09
Total Assets, 2 Yr. CAGR %	121.68	94.42	-31.2	1.1	-9.43
Tangible Book Value, 2 Yr. CAGR %	213.03	164.99	-41.82	-2	-16.7
Common Equity, 2 Yr. CAGR %	149.19	116.26	-35.46	-0.15	-11.51
Cash From Operations, 2 Yr. CAGR %	15.75	45.42	29.07	17.02	13.18
Capital Expenditures, 2 Yr. CAGR %	222.62	261.98	133.24	3.92	-29.56
Levered Free Cash Flow, 2 Yr. CAGR %	47.86	61.27	22.17	19.07	18.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	47.8	61.44	22.36	19.07	18.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-22.55	-46.95	-42.96
Gross Profit, 3 Yr. CAGR %	-	-	-	-	-
EBITDA, 3 Yr. CAGR %	1.81	33.54	36.7	31.76	13.71
EBITA, 3 Yr. CAGR %	1.44	33.32	36.79	32.03	14.05
EBIT, 3 Yr. CAGR %	1.9	33.08	36.53	31.68	14.05
Earnings From Cont. Operations, 3 Yr. CAGR %	3.75	32.09	8.5	29.74	13.74
Net Income, 3 Yr. CAGR %	-15.5	22.33	8.5	29.74	13.74
Normalized Net Income, 3 Yr. CAGR %	2.02	32.09	8.5	28.92	13.59
Diluted EPS Before Extra, 3 Yr. CAGR %	-35.88	-14.71	-9.95	16.67	-0.27
Accounts Receivable, 3 Yr. CAGR %	-	-	-25.65	-85.63	-28.6
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	79.13	13.42	67.16	35.24	19.92
Total Assets, 3 Yr. CAGR %	61.3	54.45	33.64	-8.5	-19.69
Tangible Book Value, 3 Yr. CAGR %	90.42	91.65	49.02	-11.64	-31.11
Common Equity, 3 Yr. CAGR %	73.85	66.37	37.98	-9.58	-23.95
Cash From Operations, 3 Yr. CAGR %	-13.54	25.95	33.18	26.87	12.69
Capital Expenditures, 3 Yr. CAGR %	243.94	250.19	158.51	64.56	-13.19
Levered Free Cash Flow, 3 Yr. CAGR %	-6.18	49.31	36.61	28.61	11.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-6.27	49.42	36.71	28.74	11.79
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-18.76	-	-	-	-38.48
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-
EBITDA, 5 Yr. CAGR %	-14.87	11.93	17.79	28.99	21.67
EBITA, 5 Yr. CAGR %	-15.33	11.49	17.6	29.03	21.87
EBIT, 5 Yr. CAGR %	-14.96	11.67	17.7	28.87	21.77
Earnings From Cont. Operations, 5 Yr. CAGR %	-15.36	11.3	18.44	27.27	6.3
Net Income, 5 Yr. CAGR %	-15.36	-7.18	4.72	21.54	6.3
Normalized Net Income, 5 Yr. CAGR %	-14.86	11.3	16.81	27.27	6.22
Diluted EPS Before Extra, 5 Yr. CAGR %	-41.27	-18.14	-12.01	-7.52	-12.06
Accounts Receivable, 5 Yr. CAGR %	-7.52	-	-	-	-32.42
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-17.25	27.22	53.9	23.92	45.96
Total Assets, 5 Yr. CAGR %	23.52	7.41	14.71	30.36	14.38
Tangible Book Value, 5 Yr. CAGR %	32.87	9.26	18.51	46.55	18.08
Common Equity, 5 Yr. CAGR %	27.24	9.11	16.96	35.64	15.52
Cash From Operations, 5 Yr. CAGR %	-15.77	-3.46	1.49	22.3	24.79
Capital Expenditures, 5 Yr. CAGR %	-35.32	23.05	194.45	115.41	53.68
Levered Free Cash Flow, 5 Yr. CAGR %	-17.35	50.57	4.27	35.99	29.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	-17.4	50.57	4.27	36.05	29.11