Ideal Power

Ideal Power, Inc. engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. Its products include solar inverters, bi-directional battery, electric vehicle chargers, photovoltaic inverters and battery converters. The firm has developed the patented Power Packet Switching Architecture power conversion technology. The company was founded by William C. Alexander on May 17, 2007 and is headquartered in Austin, TX.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Ideal Power reports Q4 results, eyes growth in defense and EV markets

Ideal Power's Q4 2022 performance saw grant revenue of $17,000 and operating expenses of $2 million.
The company is well-positioned with $16.3 million in cash and expects cash burn of $1.8-2 million in Q1 2023.
Strong partnerships and product commercialization efforts indicate a positive outlook for 2023.
Challenges in cost management, cash burn, and industry uncertainties require strategic planning for sustained growth.

Ideal Power advances B-TRAN tech and partnerships amidst revenue challenges

Ideal Power's Q1 2023 performance reflects progress in technology commercialization and strategic partnerships despite minimal revenue.
The company's focus on innovation, cost control, and milestone achievement underscores their commitment to long-term success.
With ample liquidity, an asset-light model, and a clear roadmap for growth, Ideal Power is poised to capitalize on market opportunities.

Ideal Power transitions successfully to commercial entity, eyes revenue growth

Ideal Power showcased strong progress in transitioning to a commercial entity, achieving milestones in B-TRAN device manufacturing and introducing the SymCool Power Module for solid-state circuit breakers.
The company reported Q2 2023 revenue of $98,000 from development and $37,000 from grants, with a net loss of $2.3 million and cash burn of $1.8 million, maintaining ample liquidity to fund operations through 2024.
Revenue from automaker adoption of B-TRAN technology is expected in 2025, with revenue per electric vehicle estimated at $800 to $1,000 and margins projected to reach 50% at volume.
Ideal Power's strategic strengths lie in its dual-sourcing approach for wafer fabrication, no debt structure, and potential for licensing technology to semiconductor players, positioning the company for future growth and success.

Ideal Power advances B-TRAN technology, eyes growth amid financial challenges

Ideal Power made significant progress in Q3 2023, focusing on commercializing B-TRAN technology for renewable energy and EV markets.
While facing challenges in managing cash burn and pricing strategies, the company is strategically positioned for growth and profitability.
Opportunities lie in upcoming development revenue, product sales ramp-up, and potential licensing benefits, driving future success.
Overall, Ideal Power's performance reflects a balance of achievements, strengths, challenges, and opportunities in its strategic roadmap.

Ideal Power advances B-TRAN tech, plans growth in key markets

Ideal Power's Q4 2023 earnings call highlighted progress in commercializing B-TRAN semiconductor technology, revenue growth in key markets, and plans for 2024. The company faces challenges in distribution but sees opportunities in engaging with auto suppliers and enhancing B-TRAN technology. Financially, Ideal Power reported revenue and outlined cash burn expectations for 2024.

Ideal Power reports steady Q1 performance amidst strategic advancements

Ideal Power's Q1 2024 performance showed modest revenue with controlled expenses. The company's strengths lie in technological advancements and strategic partnerships. Challenges include managing expenses while driving revenue growth. Opportunities exist in market growth and expanding relationships.

Ideal Power reports milestone achievements and financial insights in Q2 2024 earnings call

Ideal Power's Q2 2024 earnings call highlighted strong performance metrics, strategic collaborations, and financial insights. While facing challenges such as competition and market dynamics, the company remains optimistic about future opportunities and growth potential. Analyst inquiries reflected a keen interest in the company's strategic direction and market positioning.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ideal Power, Inc. engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. Its products include solar inverters, bi-directional battery, electric vehicle chargers, photovoltaic inverters and battery converters. It is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. The company was founded by William C. Alexander on May 17, 2007 and is headquartered in Austin, TX.

AUSTIN, TX / ACCESSWIRE / June 20, 2023 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (Nasdaq:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced the completion of qualification of a wafer fabrication supplier with high-volume production capability. Adding this supplier provides a high-quality source for device fabrication with ample capacity to support anticipated customer demand.

Ideal Power Announces Qualification of High-Volume Wafer Fabrication Supplier

Ideal Power Inc. (NASDAQ:IPWR ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Jeff Christensen - IR Daniel Brdar - President & CEO Timothy Burns - CFO Conference Call Participants Operator Good afternoon, ladies and gentlemen, and welcome to the Ideal Power First Quarter 2023 Results Call. At this time, all participants are in listen-only mode.

Ideal Power Inc. (IPWR) Q1 2023 Earnings Call Transcript

AUSTIN, Texas, May 04, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power,” the “Company,” “we,” “us” or “our”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reported results for its first quarter ended March 31, 2023.

Ideal Power Reports First Quarter 2023 Financial Results

The company's patented B-TRAN technology for power switches and solid state circuit breakers provide it with a competitive advantage. The competitive advantage is relevant for a significant number of large and growing markets, like EVs, EV charging infrastructure, circuit breakers, alternative energy and energy storage.

The Long-Term Perspective Of Ideal Power Is Bright But Speed Of Adoption Matters

AUSTIN, Texas, April 20, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced that management will hold a conference call on Thursday, May 4, 2023 at 4:30 PM Eastern Time to discuss its results for the first quarter ended March 31, 2023. A press release detailing these results will be issued prior to the call.

Ideal Power to Host First Quarter 2023 Results Conference Call on Thursday, May 4, 2023 at 4:30 PM Eastern Time

AUSTIN, TX / ACCESSWIRE / April 11, 2023 / Ideal Power Inc. (NASDAQ:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today provided additional information related to its previously announced participation in the Planet MicroCap Showcase in Las Vegas, NV on April 26 and 27, 2023. Ideal Power's presentation webcast is on April 26, and its one-on-one investor meetings are on April 27.

Ideal Power to Participate at Planet MicroCap Showcase on April 26 and 27, 2023

AUSTIN, Texas, March 09, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, has been collaborating with a global Tier 1 automotive supplier. The automotive supplier has now entered into an agreement with Ideal Power to test and evaluate B-TRAN™ devices for its electric vehicle (EV) inverter, bidirectional charging, and circuit protection applications. The Tier 1 supplier is a leader in vehicle electrification, EV systems, and clean mobility, with multi-billion dollar annual revenue.

Ideal Power Adds Global Tier 1 Automotive Supplier to its B-TRAN™ Test and Evaluation Program

Call Start: 16:30 January 1, 0000 5:10 PM ET Ideal Power Inc. (NASDAQ:IPWR ) Q4 2022 Earnings Conference Call March 2, 2023 16:30 ET Company Participants Jeff Christensen - Investor Relations Dan Brdar - President & Chief Executive Officer Tim Burns - Chief Financial Officer Conference Call Participants David Williams - The Benchmark Company Operator Good day ladies and gentlemen and welcome to the Ideal Power Fourth Quarter and Full Year 2022 Results Call. At this time, all participants are in listen-only mode.

Ideal Power Inc. (IPWR) Q4 2022 Earnings Call Transcript

AUSTIN, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reported results for its fourth quarter and full year ended December 31, 2022.

Ideal Power Reports Fourth Quarter and Full Year 2022 Financial Results

AUSTIN, Texas, March 01, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today provided additional information related to its previously announced participation in the 35th Annual Roth Conference on March 13, 2023.

Ideal Power to Participate at Roth Capital Conference on March 13, 2023

AUSTIN, Texas, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, has released a new whitepaper that provides an in-depth look at Ideal Power's patented, proprietary, Bidirectional Bipolar Junction Transistor (B-TRAN™) semiconductor power switch. The whitepaper provides the technical audience background on the B-TRAN™ device structure and operating modes and information on the bidirectional driver and test circuit used for the testing, documents B-TRAN™ performance based on recent test results and briefly discusses some of the applications for the technology.

Ideal Power Releases Whitepaper on B-TRAN™: Compelling Advantages Over Conventional Power Switch Technologies

AUSTIN, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced that management will hold a conference call on Thursday, March 2, 2023 at 4:30 p.m. Eastern Time to discuss its results for the fourth quarter and full year ended December 31, 2022. A press release detailing these results will be issued prior to the call.

Ideal Power to Host Fourth Quarter and Full Year 2022 Results Conference Call on Thursday, March 2, 2023 at 4:30 P.M. Eastern Time

Duke Energy

Itron

Smart energy grid stocks could surge as conservation meets tightening wallets. The electric grid is arguably one of the most critical pieces of the global infrastructure system.

3 Stocks to Buy for the Future of Smart Energy Grids

Commercialization of its first product, the SymCool power module, could disrupt the $26 billion circuit breaker market. Strong cash position with zero debt on its balance sheet.

Ideal Power: SymCool Power Module Launch Could Revolutionize Circuit Breaker Market

AUSTIN, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced that management will participate in three upcoming investor conferences.

Ideal Power Announces Participation in Upcoming Investor Conferences

Very Low Loss Module Designed to Enable the Solid-State Circuit Breaker Market Very Low Loss Module Designed to Enable the Solid-State Circuit Breaker Market

Ideal Power Launches Its First Commercial Product, the SymCool™ Power Module

AUSTIN, Texas, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced management will participate virtually in one-one-one meetings at the Needham 25th Annual Growth Conference on January 12, 2023.

Ideal Power to Participate at Needham 25th Annual Growth Conference on January 12, 2023

Enabling Technology for electrification of automotive, marine and more. Ideal Power is Debt Free and Underfollowed.

Ideal Power: Hiding In Plain Sight, Enabling Efficient Electrification For Automotive, Marine, And More

AUSTIN, Texas, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced its participation in The Benchmark 11th Annual Discovery One-on-One Conference. Tim Burns, Chief Financial Officer, is scheduled to hold meetings with investors as follows:

Ideal Power to Present at The Benchmark 11th Annual Discovery One-on-One Conference

Ideal Power Inc. (NASDAQ:IPWR ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Carolyn Capaccio - LHA Dan Brdar - President & Chief Executive Officer Tim Burns - Chief Financial Officer Conference Call Participants Operator Good day and welcome to the Ideal Power Third Quarter 2022 Results Conference Call. Today's conference is being recorded.

Ideal Power Inc. (IPWR) Q3 2022 Earnings Call Transcript

AUSTIN, Texas, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reported results for its third quarter ended September 30, 2022.

Ideal Power Reports Third Quarter 2022 Financial Results

This Marks the Second Top 10 Global Automaker Engagement for Ideal Power This Marks the Second Top 10 Global Automaker Engagement for Ideal Power

Ideal Power Enters into Development Agreement with Top 10 Global Automaker for B-TRAN™-based Electric Vehicle Power Module

AUSTIN, Texas, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional power switch, today announced its participation in the H.C. Wainwright 24th Annual Global Investment Conference. Dan Brdar, President and Chief Executive Officer, and Tim Burns, Chief Financial Officer, are scheduled to present and hold meetings with investors as follows:

Ideal Power to Present at H.C. Wainwright 24th Annual Global Investment Conference

Ideal Power Inc. (NASDAQ:IPWR ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Carolyn Capaccio - LHA Investor Relations SVP Dan Brdar - CEO President and Director Tim Burns - CFO, Secretary and Treasurer Conference Call Participants David Williams - Benchmark Orin Hirschman - AIGH Investment Partners Don Slowinski - Winslow Asset Group Taylor Fredericks - Arrowhead Peter Sidoti - Sidoti & Company Robert Ainbinder - GoldStreet Operator Welcome to the Ideal Power Second Quarter 2022 Results Conference Call. All participants will be in listen-only mode.

Ideal Power Inc. (IPWR) CEO Dan Brdar on Q2 2022 Results - Earnings Call Transcript

AUSTIN, Texas, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional power switch, today announced it delivered initial Bidirectional, Bipolar Junction Transistor (B-TRAN™) devices to Diversified Technologies, Inc. (DTI) under the contract awarded to DTI by the United States Naval Sea Systems Command (NAVSEA) to develop and demonstrate a B-TRAN™ enabled high efficiency 12kV medium voltage direct current (MVDC) circuit breaker. These initial devices will be utilized for characterization and testing to support DTI's breaker design efforts in advance of future device deliveries for incorporation into a full-scale MVDC circuit breaker. Prior to delivery, the B-TRAN™ devices were tested and demonstrated results consistent with the very low losses predicted by prior internal and third-party simulations.

News for Ideal Power Stock (IPWR)