$IPWR
Ideal Power Inc.

2014 Q2 Form 10-Q Financial Statement

#000114420414030509 Filed on May 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $560.5K $291.1K $380.1K
YoY Change -13.8% -23.42% 192.41%
Cost Of Revenue $570.3K $397.2K $429.3K
YoY Change -17.4% -7.47% 376.99%
Gross Profit -$9.808K -$106.1K -$49.15K
YoY Change -75.61% 115.92% -222.88%
Gross Profit Margin -1.75% -36.46% -12.93%
Selling, General & Admin $979.8K $1.013M $460.0K
YoY Change 83.62% 120.26% 53.33%
% of Gross Profit
Research & Development $645.3K $310.0K $234.4K
YoY Change 95.43% 32.28% -33.04%
% of Gross Profit
Depreciation & Amortization $10.00K $9.084K $5.578K
YoY Change 62.85% -44.22%
% of Gross Profit
Operating Expenses $1.625M $1.323M $691.9K
YoY Change 88.13% 91.17% 6.45%
Operating Profit -$1.635M -$1.429M -$741.1K
YoY Change 80.85% 92.81% 21.49%
Interest Expense $10.00K $10.00K -$1.080M
YoY Change -100.93% -100.93% 980.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.630M -$1.420M -$1.820M
YoY Change -18.09% -21.98% 156.34%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.628M -$1.421M -$1.825M
YoY Change -18.11% -22.13% 156.97%
Net Earnings / Revenue -290.36% -488.07% -479.96%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.329M -$2.029M -$5.200M
COMMON SHARES
Basic Shares Outstanding 7.011M shares 7.011M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.15M $12.44M $1.220M
YoY Change 2913.51% 919.67%
Cash & Equivalents $11.15M $12.44M $1.216M
Short-Term Investments
Other Short-Term Assets $170.0K $230.0K $40.00K
YoY Change 13.33% 475.0%
Inventory $250.0K $507.6K $210.0K
Prepaid Expenses
Receivables $410.0K $340.4K $300.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $11.97M $13.52M $1.770M
YoY Change 767.39% 663.99%
LONG-TERM ASSETS
Property, Plant & Equipment $310.0K $117.0K $30.00K
YoY Change 933.33% 290.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $40.00K $35.84K
YoY Change
Total Long-Term Assets $1.200M $896.5K $560.0K
YoY Change 93.55% 60.08%
TOTAL ASSETS
Total Short-Term Assets $11.97M $13.52M $1.770M
Total Long-Term Assets $1.200M $896.5K $560.0K
Total Assets $13.17M $14.42M $2.330M
YoY Change 558.5% 518.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $340.0K $322.2K $400.0K
YoY Change -63.83% -19.45%
Accrued Expenses $590.0K $460.2K $210.0K
YoY Change 126.92% 119.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $2.350M
YoY Change -100.0%
Total Short-Term Liabilities $930.0K $782.4K $3.040M
YoY Change -79.91% -74.26%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.150M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $1.150M
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $930.0K $782.4K $3.040M
Total Long-Term Liabilities $0.00 $0.00 $1.150M
Total Liabilities $930.0K $780.0K $4.200M
YoY Change -83.97% -81.43%
SHAREHOLDERS EQUITY
Retained Earnings -$18.17M
YoY Change
Common Stock $7.011K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.657K
YoY Change
Treasury Stock Shares
Shareholders Equity $12.24M $13.64M -$1.870M
YoY Change
Total Liabilities & Shareholders Equity $13.17M $14.42M $2.330M
YoY Change 558.5% 518.85%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$1.628M -$1.421M -$1.825M
YoY Change -18.11% -22.13% 156.97%
Depreciation, Depletion And Amortization $10.00K $9.084K $5.578K
YoY Change 62.85% -44.22%
Cash From Operating Activities -$980.0K -$1.520M -$720.0K
YoY Change 30.67% 111.11% 166.67%
INVESTING ACTIVITIES
Capital Expenditures -$310.0K $37.26K $4.304K
YoY Change 342.86% 765.68% -107.17%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$310.0K -$180.0K -$60.00K
YoY Change 342.86% 200.0% 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 20.00K
YoY Change -100.0% -100.0% -92.0%
NET CHANGE
Cash From Operating Activities -980.0K -1.520M -720.0K
Cash From Investing Activities -310.0K -180.0K -60.00K
Cash From Financing Activities 0.000 0.000 20.00K
Net Change In Cash -1.290M -1.700M -760.0K
YoY Change 53.57% 123.68% 850.0%
FREE CASH FLOW
Cash From Operating Activities -$980.0K -$1.520M -$720.0K
Capital Expenditures -$310.0K $37.26K $4.304K
Free Cash Flow -$670.0K -$1.557M -$724.3K
YoY Change -1.47% 115.0% 244.91%

Facts In Submission

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2014
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Q1
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IPWR
CY2014Q2 dei Entity Common Stock Shares Outstanding
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CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Ideal Power Inc.
CY2014Q1 dei Entity Central Index Key
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0001507957
CY2014Q1 dei Current Fiscal Year End Date
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CY2014Q1 dei Entity Filer Category
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Smaller Reporting Company
CY2014Q1 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
159941 USD
CY2014Q1 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
163489 USD
CY2014Q1 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
68736 USD
CY2014Q1 ipwr Contractual Obligation If Contract Terminated
ContractualObligationIfContractTerminated
50578 USD

Files In Submission

Name View Source Status
0001144204-14-030509-index-headers.html Edgar Link pending
0001144204-14-030509-index.html Edgar Link pending
0001144204-14-030509.txt Edgar Link pending
0001144204-14-030509-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ipwr-20140331.xml Edgar Link completed
ipwr-20140331.xsd Edgar Link pending
ipwr-20140331_cal.xml Edgar Link unprocessable
ipwr-20140331_def.xml Edgar Link unprocessable
ipwr-20140331_lab.xml Edgar Link unprocessable
ipwr-20140331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
v377817_10q.htm Edgar Link pending
v377817_ex31-1.htm Edgar Link pending
v377817_ex31-2.htm Edgar Link pending
v377817_ex32-1.htm Edgar Link pending