Ideal Power Inc.IPWR
What Ideal Power Inc. does.
Ideal Power Inc. was formed in Texas on May 17, 2007 and converted to a Delaware corporation on July 15, 2013. Unless otherwise stated or the context otherwise requires, the terms “Ideal Power,” “we,” “us,” “our” and the “Company” refer to Ideal Power Inc.
We are solely focused on the further development and commercialization of our Bidirectional bipolar junction TRANsistor (“B-TRAN®”) solid-state switch technology.
To date, operations have been funded primarily through the sale of common stock and pre-funded warrants and we have generated $3.7 million in grant revenue for bidirectional power switch development. We may pursue additional research and development grants, if and when available, to further develop and/or improve our technology.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $428,129 | $576,399 | $203,269 | $198,871 | $86,032 | $37,728 |
| Net income | -$7.8M | -$4.8M | -$7.2M | -$10.0M | -$10.4M | -$10.6M |
| Free cash flow | -$3.0M | -$4.3M | -$6.6M | -$7.4M | -$8.9M | -$9.3M |
More on IPWR.
- Ideal Power Inc. summary
- Ideal Power Inc. financial statements
- Ideal Power Inc. key metrics
- Ideal Power Inc. health scores and style box
- Ideal Power Inc. earnings
- Ideal Power Inc. dividends
- Ideal Power Inc. valuation
- Ideal Power Inc. ownership and insiders
- Ideal Power Inc. peers
Figures from Ideal Power Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.