Financial Snapshot

Revenue
$142.1K
TTM
Gross Margin
-337.03%
TTM
Net Earnings
-$10.23M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
2098.0%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$20.22M
Q3 2024
Cash
Q3 2024
P/E
-5.337
Nov 29, 2024 EST
Free Cash Flow
-$8.634M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $198.9K $203.3K $576.4K $428.1K $0.00 $0.00 $0.00 $1.629M $4.260M $1.794M $1.892M $1.127M $860.0K
YoY Change -2.16% -64.73% 34.63% -100.0% -61.77% 137.44% -5.2% 67.93% 31.04%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $198.9K $203.3K $576.4K $428.1K $0.00 $0.00 $0.00 $1.629M $4.260M $1.794M $1.892M $1.127M $860.0K
Cost Of Revenue $160.6K $203.3K $576.4K $428.1K $0.00 $0.00 $0.00 $1.940M $3.873M $2.189M $2.147M $1.124M $760.0K
Gross Profit $38.26K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$311.0K $387.2K -$395.0K -$254.5K $3.043K $100.0K
Gross Profit Margin 19.24% 0.0% 0.0% 0.0% -19.09% 9.09% -22.02% -13.45% 0.27% 11.63%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $4.647M $3.976M $2.921M $2.347M $2.070M $3.440M $3.512M $5.481M $5.338M $4.193M $2.596M $2.080M $700.0K
YoY Change 16.87% 36.11% 24.46% 13.39% -39.82% -2.05% -35.93% 2.68% 27.32% 61.49% 24.82% 197.14%
% of Gross Profit 12146.21% 1378.47% 68353.6% 700.0%
Research & Development $5.743M $3.367M $1.928M $1.721M $1.050M $871.7K $715.8K $5.225M $5.521M $2.340M $1.212M $1.050M $910.0K
YoY Change 70.58% 74.65% 12.02% 63.89% 20.45% 21.78% -86.3% -5.37% 135.93% 93.04% 15.44% 15.4%
% of Gross Profit 15011.0% 1425.84% 34510.58% 910.0%
Depreciation & Amortization $271.8K $187.1K $157.6K $122.2K $110.0K $137.5K $154.8K $406.6K $232.9K $67.79K $29.71K $52.14K $40.00K
YoY Change 45.26% 18.73% 28.99% 11.05% -20.01% -11.15% -61.94% 74.63% 243.47% 128.17% -43.02% 30.35%
% of Gross Profit 710.27% 60.13% 1713.41% 40.0%
Operating Expenses $10.39M $7.343M $4.849M $4.068M $3.120M $4.312M $4.228M $10.71M $10.86M $6.533M $3.809M $1.050M $1.610M
YoY Change 41.5% 51.43% 19.2% 30.38% -27.64% 1.99% -60.51% -1.41% 66.22% 71.53% 262.67% -34.77%
Operating Profit -$10.35M -$7.343M -$4.849M -$4.068M -$3.120M -$4.312M -$4.228M -$11.02M -$10.47M -$6.928M -$4.063M -$3.038M -$1.510M
YoY Change 40.98% 51.43% 19.2% 30.38% -27.64% 1.99% -61.63% 5.2% 51.16% 70.51% 33.73% 101.21%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $398.1K $153.6K $12.70K $5.049K $0.00 $40.00K $20.00K $40.00K $30.00K $30.00K $5.489M $1.609M -$240.0K
YoY Change 159.14% 1109.43% 151.55% -100.0% 100.0% -50.0% 33.33% 0.0% -99.45% 241.13% -770.38%
% of Operating Profit
Other Income/Expense, Net $153.6K $0.00 -$3.720M
YoY Change -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$9.954M -$7.189M -$4.770M -$7.790M -$3.120M -$4.270M -$10.44M -$10.98M -$10.44M -$6.900M -$9.550M -$4.650M -$1.750M
YoY Change 38.46% 50.71% -38.76% 149.68% -26.93% -59.1% -4.92% 5.17% 51.3% -27.75% 105.38% 165.71%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$9.954M -$7.189M -$4.770M -$7.794M -$3.930M -$7.905M -$10.44M -$10.98M -$10.44M -$6.900M -$9.552M -$4.647M -$1.750M
YoY Change 38.46% 50.71% -38.79% 98.32% -50.28% -24.25% -4.97% 5.18% 51.31% -27.76% 105.54% 165.56%
Net Earnings / Revenue -5005.29% -3536.85% -827.6% -1820.46% -674.21% -245.09% -384.61% -504.73% -412.39% -203.49%
Basic Earnings Per Share -$1.61 -$1.17 -$0.80 -$2.20
Diluted Earnings Per Share -$1.61 -$1.17 -$0.80 -$2.20 -$2.382M -$5.643M -$7.909M -$11.56M -$12.28M -$9.857M -$47.75M -$13.29M -$5.303M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $8.475M $16.35M $23.17M $3.180M $3.060M $3.260M $10.02M $4.200M $15.02M $7.910M $14.14M $1.970M $120.0K
YoY Change -48.15% -29.45% 628.62% 3.92% -6.13% -67.47% 138.57% -72.04% 89.89% -44.06% 617.77% 1541.67%
Cash & Equivalents $8.475M $16.35M $23.17M $3.160M $3.060M $3.260M $10.02M $4.200M $15.02M $7.910M $14.14M $1.970M $100.0K
Short-Term Investments $0.00 $20.00K
Other Short-Term Assets $482.9K $491.4K $43.90K $100.0K $250.0K $1.430M $280.0K $310.0K $300.0K $270.0K $230.0K $30.00K $0.00
YoY Change -1.73% 1019.29% -56.1% -60.0% -82.52% 410.71% -9.68% 3.33% 11.11% 17.39% 666.67%
Inventory $81.45K $250.0K $1.250M $650.0K $250.0K $520.0K $220.0K $130.0K
Prepaid Expenses
Receivables $70.00K $65.94K $233.3K $170.0K $0.00 $220.0K $380.0K $870.0K $450.0K $250.0K $490.0K $100.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $9.109M $16.90M $23.45M $3.450M $3.310M $4.690M $10.78M $6.140M $16.84M $8.870M $15.14M $2.700M $350.0K
YoY Change -46.11% -27.91% 579.63% 4.23% -29.42% -56.49% 75.57% -63.54% 89.85% -41.41% 460.74% 671.43%
Property, Plant & Equipment $545.8K $448.8K $363.3K $120.0K $310.0K $60.00K $670.0K $940.0K $930.0K $370.0K $90.00K $30.00K $70.00K
YoY Change 21.61% 23.53% 202.78% -61.29% 416.67% -91.04% -28.72% 1.08% 151.35% 311.11% 200.0% -57.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.03K $11.19K $11.19K $20.00K $20.00K $40.00K $20.00K $20.00K $20.00K
YoY Change 16.44% 0.0% 0.0% -50.0% 100.0% 0.0% 0.0%
Total Long-Term Assets $3.139M $2.496M $2.430M $1.680M $1.960M $1.480M $2.790M $2.860M $2.410M $1.410M $700.0K $510.0K $230.0K
YoY Change 25.73% 2.73% 44.65% -14.29% 32.43% -46.95% -2.45% 18.67% 70.92% 101.43% 37.25% 121.74%
Total Assets $12.25M $19.40M $25.88M $5.130M $5.270M $6.170M $13.57M $9.000M $19.25M $10.28M $15.84M $3.210M $580.0K
YoY Change
Accounts Payable $405.1K $130.5K $130.5K $100.0K $180.0K $90.00K $450.0K $350.0K $1.340M $440.0K $540.0K $680.0K $250.0K
YoY Change 210.42% 0.0% 30.5% -44.44% 100.0% -80.0% 28.57% -73.88% 204.55% -18.52% -20.59% 172.0%
Accrued Expenses $525.8K $318.8K $412.4K $560.0K $450.0K $170.0K $1.080M $1.150M $1.240M $770.0K $460.0K $180.0K $150.0K
YoY Change 64.92% -22.69% -26.36% 24.44% 164.71% -84.26% -6.09% -7.26% 61.04% 67.39% 155.56% 20.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00K
YoY Change -100.0%
Long-Term Debt Due $0.00 $1.310M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $930.9K $449.3K $542.9K $660.0K $690.0K $1.140M $1.530M $1.500M $2.580M $1.210M $1.000M $2.180M $420.0K
YoY Change 107.18% -17.23% -17.75% -4.35% -39.47% -25.49% 2.0% -41.86% 113.22% 21.0% -54.13% 419.05%
Long-Term Debt $0.00 $0.00 $90.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.130M $1.340M
YoY Change -100.0% -100.0% -15.67%
Other Long-Term Liabilities $1.257M $1.041M $1.185M $550.0K $690.0K $430.0K $460.0K $270.0K
YoY Change 20.74% -12.09% 115.4% -20.29% 60.47% -6.52% 70.37%
Total Long-Term Liabilities $1.257M $1.041M $1.185M $640.0K $690.0K $430.0K $460.0K $270.0K $0.00 $0.00 $0.00 $1.130M $1.340M
YoY Change 20.74% -12.09% 85.11% -7.25% 60.47% -6.52% 70.37% -100.0% -15.67%
Total Liabilities $2.188M $1.491M $1.728M $1.300M $1.380M $1.570M $1.990M $1.760M $2.580M $1.210M $1.000M $3.310M $1.750M
YoY Change 46.8% -13.71% 32.89% -5.8% -12.1% -21.11% 13.07% -31.78% 113.22% 21.0% -69.79% 89.14%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 6.191M 6.158M 5.938M 3.539M
Diluted Shares Outstanding 6.158M 5.938M 3.539M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $54.59 Million

About Ideal Power Inc.

Ideal Power, Inc. engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. The company is headquartered in Austin, Texas and currently employs 11 full-time employees. The company went IPO on 2013-11-22. The bidirectional semiconductor power switch ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, uninterrupted power supply (UPS)/data center, solid-state circuit breaker and other industrial and military applications. B-TRAN is a double-sided bidirectional alternative circuit (AC) switch that delivers performance improvements over conventional power semiconductors. The firm's B-TRAN modules reduce conduction and switching losses, complexity of thermal management and operating costs in medium voltage AC power switching and control circuitry. The Company’s second commercial product, the SymCool IQ Intelligent Power Module (IPM) adds an integrated intelligent driver optimized for bidirectional operation.

Industry: Semiconductors & Related Devices Peers: Hyperscale Data, Inc. Eos Energy Enterprises, Inc. Energous Corp OZOP ENERGY SOLUTIONS, INC. ORION ENERGY SYSTEMS, INC. Romeo Power, Inc. SOLAR INTEGRATED ROOFING CORP. ULTRALIFE CORP WESTWATER RESOURCES, INC.