$IPWR
Ideal Power Inc.

2016 Q1 Form 10-Q Financial Statement

#000114420416101817 Filed on May 13, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $496.6K $1.198M
YoY Change -58.54% 311.55%
Cost Of Revenue $494.8K $1.020M
YoY Change -51.47% 156.66%
Gross Profit $1.890K $178.5K
YoY Change -98.94% -268.18%
Gross Profit Margin 0.38% 14.9%
Selling, General & Admin $1.333M $1.384M
YoY Change -3.68% 36.57%
% of Gross Profit 70521.75% 775.24%
Research & Development $1.480M $992.2K
YoY Change 49.16% 220.07%
% of Gross Profit 78306.08% 555.9%
Depreciation & Amortization $87.00K $32.80K
YoY Change 165.22% 261.11%
% of Gross Profit 4603.12% 18.38%
Operating Expenses $2.813M $2.376M
YoY Change 18.39% 79.62%
Operating Profit -$2.811M -$2.197M
YoY Change 27.92% 53.79%
Interest Expense $10.00K $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.800M -$2.190M
YoY Change 27.85% 54.23%
Income Tax
% Of Pretax Income
Net Earnings -$2.802M -$2.193M
YoY Change 27.79% 54.36%
Net Earnings / Revenue -564.26% -183.06%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.947M -$3.085M
COMMON SHARES
Basic Shares Outstanding 9.558M shares 7.066M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.28M $6.170M
YoY Change 99.03% -50.4%
Cash & Equivalents $12.28M $6.169M
Short-Term Investments
Other Short-Term Assets $290.0K $260.0K
YoY Change 11.54% 13.04%
Inventory $720.0K $234.0K
Prepaid Expenses
Receivables $450.0K $833.5K
Other Receivables $0.00 $0.00
Total Short-Term Assets $13.74M $7.501M
YoY Change 83.18% -44.53%
LONG-TERM ASSETS
Property, Plant & Equipment $950.0K $496.5K
YoY Change 91.35% 324.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $20.00K $17.92K
YoY Change 11.61% -50.0%
Total Long-Term Assets $2.760M $1.538M
YoY Change 79.44% 71.58%
TOTAL ASSETS
Total Short-Term Assets $13.74M $7.501M
Total Long-Term Assets $2.760M $1.538M
Total Assets $16.50M $9.039M
YoY Change 82.54% -37.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $760.0K $687.4K
YoY Change 10.56% 113.35%
Accrued Expenses $1.190M $1.017M
YoY Change 16.98% 121.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.951M $1.705M
YoY Change 14.45% 117.87%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $260.0K
YoY Change
Total Long-Term Liabilities $263.6K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.951M $1.705M
Total Long-Term Liabilities $263.6K $0.00
Total Liabilities $2.210M $1.700M
YoY Change 30.03% 117.95%
SHAREHOLDERS EQUITY
Retained Earnings -$25.85M
YoY Change 42.22%
Common Stock $7.066K
YoY Change 0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.657K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $14.29M $7.334M
YoY Change
Total Liabilities & Shareholders Equity $16.50M $9.039M
YoY Change 82.54% -37.31%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$2.802M -$2.193M
YoY Change 27.79% 54.36%
Depreciation, Depletion And Amortization $87.00K $32.80K
YoY Change 165.22% 261.11%
Cash From Operating Activities -$2.576M -$1.590M
YoY Change 62.0% 4.61%
INVESTING ACTIVITIES
Capital Expenditures $100.4K $150.3K
YoY Change -33.23% 303.51%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$203.5K -$240.0K
YoY Change -15.21% 33.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $35.54K 80.00K
YoY Change -55.58%
NET CHANGE
Cash From Operating Activities -$2.576M -1.590M
Cash From Investing Activities -$203.5K -240.0K
Cash From Financing Activities $35.54K 80.00K
Net Change In Cash -$2.744M -1.750M
YoY Change 56.79% 2.94%
FREE CASH FLOW
Cash From Operating Activities -$2.576M -$1.590M
Capital Expenditures $100.4K $150.3K
Free Cash Flow -$2.676M -$1.740M
YoY Change 53.78% 11.76%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2016Q1 dei Entity Incorporation Date Of Incorporation
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CY2016Q1 ipwr Trade Receivables Current
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CY2016Q1 us-gaap Other Receivables
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CY2016Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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Files In Submission

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0001144204-16-101817-index-headers.html Edgar Link pending
0001144204-16-101817-index.html Edgar Link pending
0001144204-16-101817.txt Edgar Link pending
0001144204-16-101817-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ipwr-20160331.xml Edgar Link completed
ipwr-20160331.xsd Edgar Link pending
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ipwr-20160331_def.xml Edgar Link unprocessable
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