2016 Q1 Form 10-K Financial Statement

#000114420416091533 Filed on March 30, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2014 Q4 2014
Revenue $496.6K $500.0K $1.794M
YoY Change -58.54% 100.0% -5.2%
Cost Of Revenue $494.8K $610.0K $2.189M
YoY Change -51.47% 1.67% 1.96%
Gross Profit $1.890K -$110.0K -$395.0K
YoY Change -98.94% -68.57% 55.18%
Gross Profit Margin 0.38% -22.0% -22.02%
Selling, General & Admin $1.333M $1.130M $4.193M
YoY Change -3.68% 36.14% 61.49%
% of Gross Profit 70521.75%
Research & Development $1.480M $770.0K $2.340M
YoY Change 49.16% 97.44% 93.04%
% of Gross Profit 78306.08%
Depreciation & Amortization $87.00K $30.00K $67.79K
YoY Change 165.22% 200.0% 128.17%
% of Gross Profit 4603.12%
Operating Expenses $2.813M $1.900M $6.533M
YoY Change 18.39% 54.47% 71.53%
Operating Profit -$2.811M -$2.010M -$6.928M
YoY Change 27.92% 27.22% 70.51%
Interest Expense $10.00K $10.00K $30.00K
YoY Change -100.5% -99.45%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.800M -$2.000M -$6.900M
YoY Change 27.85% -43.98% -27.75%
Income Tax
% Of Pretax Income
Net Earnings -$2.802M -$2.000M -$6.900M
YoY Change 27.79% -43.98% -27.76%
Net Earnings / Revenue -564.26% -400.0% -384.61%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.947M -$2.857M -$9.857M
COMMON SHARES
Basic Shares Outstanding 9.558M shares 7.048M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.28M $7.910M $7.910M
YoY Change 99.03% -44.06% -44.06%
Cash & Equivalents $12.28M $7.912M $7.910M
Short-Term Investments
Other Short-Term Assets $290.0K $100.6K $270.0K
YoY Change 11.54% 315.2% 17.39%
Inventory $720.0K $251.3K $250.0K
Prepaid Expenses
Receivables $450.0K $446.5K $450.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $13.74M $8.873M $8.870M
YoY Change 83.18% -41.39% -41.41%
LONG-TERM ASSETS
Property, Plant & Equipment $950.0K $374.4K $370.0K
YoY Change 91.35% 336.75% 311.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $20.00K $17.92K $20.00K
YoY Change 11.61%
Total Long-Term Assets $2.760M $1.405M $1.410M
YoY Change 79.44% 102.3% 101.43%
TOTAL ASSETS
Total Short-Term Assets $13.74M $8.873M $8.870M
Total Long-Term Assets $2.760M $1.405M $1.410M
Total Assets $16.50M $10.28M $10.28M
YoY Change 82.54% -35.09% -35.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $760.0K $441.6K $440.0K
YoY Change 10.56% -18.09% -18.52%
Accrued Expenses $1.190M $773.1K $770.0K
YoY Change 16.98% 67.63% 67.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.951M $1.215M $1.210M
YoY Change 14.45% 21.43% 21.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $260.0K
YoY Change
Total Long-Term Liabilities $263.6K $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.951M $1.215M $1.210M
Total Long-Term Liabilities $263.6K $0.00 $0.00
Total Liabilities $2.210M $1.210M $1.210M
YoY Change 30.03% 20.96% 21.0%
SHAREHOLDERS EQUITY
Retained Earnings -$23.65M
YoY Change 41.19%
Common Stock $7.048K
YoY Change 1.67%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.657K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $14.29M $9.064M $9.060M
YoY Change
Total Liabilities & Shareholders Equity $16.50M $10.28M $10.28M
YoY Change 82.54% -35.09% -35.1%

Cashflow Statement

Concept 2016 Q1 2014 Q4 2014
OPERATING ACTIVITIES
Net Income -$2.802M -$2.000M -$6.900M
YoY Change 27.79% -43.98% -27.76%
Depreciation, Depletion And Amortization $87.00K $30.00K $67.79K
YoY Change 165.22% 200.0% 128.17%
Cash From Operating Activities -$2.576M -$1.650M -$5.470M
YoY Change 62.0% 48.65% 68.83%
INVESTING ACTIVITIES
Capital Expenditures $100.4K -$170.0K $342.2K
YoY Change -33.23% 240.0% 333.55%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$203.5K -$170.0K -$760.0K
YoY Change -15.21% 240.0% 245.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $35.54K 0.000 0.000
YoY Change -55.58% -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -$2.576M -1.650M -5.470M
Cash From Investing Activities -$203.5K -170.0K -760.0K
Cash From Financing Activities $35.54K 0.000 0.000
Net Change In Cash -$2.744M -1.820M -6.230M
YoY Change 56.79% -113.13% -151.19%
FREE CASH FLOW
Cash From Operating Activities -$2.576M -$1.650M -$5.470M
Capital Expenditures $100.4K -$170.0K $342.2K
Free Cash Flow -$2.676M -$1.480M -$5.812M
YoY Change 53.78% 39.62% 75.12%

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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 18.1pt; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Concentration of Credit Risk</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash with a major financial institution located in the United States. Balances are insured by the Federal Deposit Insurance Corporation up to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font>. The Company maintains balances in excess of federally insured limits. The Company has not experienced losses in such accounts and believes it is not exposed to significant credit risk regarding its cash and cash equivalents.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company encounters a certain amount of risk as a result of a concentration of revenue from a few significant customers. Credit is extended to customers based on an evaluation of their financial condition. In limited instances, the Company may require an upfront deposit and, in most cases, the Company does charge interest on past due amounts. The Company performs ongoing credit evaluations of its customers and records an allowance for potential bad debts based on available information.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company had revenue from four customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 66</font>% of net revenue for the year ended December 31, 2015, and from a government entity and three customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 76</font>% of net revenue for the year ended December 31, 2014. The Company had an accounts receivable balance from three customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 66</font>% of trade receivables at December 31, 2015, and three customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 92</font>% of trade receivables at December 31, 2014.</font></div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Reclassifications</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Certain items in prior financial statements have been reclassified to conform to current year presentation. These changes did not impact total revenue, loss from operations or net loss.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
14834948 USD
CY2014 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
50004 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
130179 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4966 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
944102 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
84900 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
653828 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1384763 USD
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9549544 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7048235 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7048235 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9549544 shares
CY2015 ipwr Research And Development Expense Including Grants
ResearchAndDevelopmentExpenseIncludingGrants
643421 USD
CY2015Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
888019 USD
CY2014Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
471296 USD
CY2014Q4 us-gaap Inventory Gross
InventoryGross
292041 USD
CY2015Q4 us-gaap Inventory Gross
InventoryGross
652283 USD
CY2015Q4 us-gaap Prepaid Insurance
PrepaidInsurance
168481 USD
CY2014Q4 us-gaap Prepaid Insurance
PrepaidInsurance
158400 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
68000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
100648 USD
CY2015Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
59874 USD
CY2014Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
4557 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1234678 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
494659 USD
CY2015 dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
Delaware
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1524663 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1040219 USD
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
113078 USD
CY2015 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
235377 USD
CY2014 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
76671 USD
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20445 USD
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
46385 USD
CY2015 us-gaap Restricted Stock Expense
RestrictedStockExpense
7284 USD
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1136000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2015Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
75000 USD
CY2014Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
13000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
199000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
151000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
274000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
164000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
0 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8029000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4886000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
18000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
18000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
122000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
49000 USD
CY2015Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
73000 USD
CY2014Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
44000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
12000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
54000 USD
CY2015Q4 ipwr Deferred Tax Liabilities Options And Warrants
DeferredTaxLiabilitiesOptionsAndWarrants
46000 USD
CY2014Q4 ipwr Deferred Tax Liabilities Options And Warrants
DeferredTaxLiabilitiesOptionsAndWarrants
0 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
511000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
191000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
8147000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
4804000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
0 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
-0.34 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
-0.34 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.02 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.05 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.33 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.29 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.01 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0 pure
CY2015 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
the Company has federal net operating loss carryforwards of approximately $23 million which will begin to expire in 2031
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
15924405 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
199546 USD
CY2015 us-gaap Property Plant And Equipment Depreciation Methods
PropertyPlantAndEquipmentDepreciationMethods
straight-line method
CY2015 ipwr Licensing Agreements Expiration Date
LicensingAgreementsExpirationDate
February 7, 2033
CY2015 ipwr Number Of Warrants Issued To Purchase Common Stock
NumberOfWarrantsIssuedToPurchaseCommonStock
265484 shares
CY2015 ipwr Value Of Warrants Issued To Purchase Common Stock
ValueOfWarrantsIssuedToPurchaseCommonStock
653828 USD
CY2015Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
58000000 USD
CY2015 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1325739 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 ipwr Shares Authorized Value
SharesAuthorizedValue
75000000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
24775 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15145 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
548000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
330000 USD

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