$IPWR
Ideal Power Inc.

2016 Q4 Form 10-Q Financial Statement

#000114420416134310 Filed on November 14, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q1
Revenue $370.0K $496.6K
YoY Change -61.86% -58.54%
Cost Of Revenue $410.0K $494.8K
YoY Change -56.84% -51.47%
Gross Profit -$40.00K $1.890K
YoY Change -500.0% -98.94%
Gross Profit Margin -10.81% 0.38%
Selling, General & Admin $1.450M $1.333M
YoY Change 7.41% -3.68%
% of Gross Profit 70521.75%
Research & Development $1.310M $1.480M
YoY Change -23.39% 49.16%
% of Gross Profit 78306.08%
Depreciation & Amortization $120.0K $87.00K
YoY Change 33.33% 165.22%
% of Gross Profit 4603.12%
Operating Expenses $2.760M $2.813M
YoY Change -9.8% 18.39%
Operating Profit -$2.800M -$2.811M
YoY Change -8.2% 27.92%
Interest Expense $10.00K $10.00K
YoY Change 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.790M -$2.800M
YoY Change -8.22% 27.85%
Income Tax
% Of Pretax Income
Net Earnings -$2.790M -$2.802M
YoY Change -8.22% 27.79%
Net Earnings / Revenue -754.05% -564.26%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.906M -$2.947M
COMMON SHARES
Basic Shares Outstanding 9.558M shares 9.558M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.200M $12.28M
YoY Change -72.04% 99.03%
Cash & Equivalents $4.205M $12.28M
Short-Term Investments
Other Short-Term Assets $71.75K $290.0K
YoY Change 5.51% 11.54%
Inventory $1.245M $720.0K
Prepaid Expenses
Receivables $378.7K $450.0K
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.141M $13.74M
YoY Change -63.53% 83.18%
LONG-TERM ASSETS
Property, Plant & Equipment $936.5K $950.0K
YoY Change 1.14% 91.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.92K $20.00K
YoY Change 0.0% 11.61%
Total Long-Term Assets $2.860M $2.760M
YoY Change 18.64% 79.44%
TOTAL ASSETS
Total Short-Term Assets $6.141M $13.74M
Total Long-Term Assets $2.860M $2.760M
Total Assets $9.001M $16.50M
YoY Change -53.24% 82.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $346.8K $760.0K
YoY Change -74.1% 10.56%
Accrued Expenses $1.149M $1.190M
YoY Change -7.34% 16.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.496M $1.951M
YoY Change -42.0% 14.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $265.4K $260.0K
YoY Change
Total Long-Term Liabilities $265.4K $263.6K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.496M $1.951M
Total Long-Term Liabilities $265.4K $263.6K
Total Liabilities $1.761M $2.210M
YoY Change -31.7% 30.03%
SHAREHOLDERS EQUITY
Retained Earnings -$45.07M
YoY Change 32.21%
Common Stock $9.561K
YoY Change 0.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.915K
YoY Change 122.62%
Treasury Stock Shares 1.683K shares
Shareholders Equity $7.240M $14.29M
YoY Change
Total Liabilities & Shareholders Equity $9.001M $16.50M
YoY Change -53.24% 82.54%

Cashflow Statement

Concept 2016 Q4 2016 Q1
OPERATING ACTIVITIES
Net Income -$2.790M -$2.802M
YoY Change -8.22% 27.79%
Depreciation, Depletion And Amortization $120.0K $87.00K
YoY Change 33.33% 165.22%
Cash From Operating Activities -$2.480M -$2.576M
YoY Change 5.53% 62.0%
INVESTING ACTIVITIES
Capital Expenditures -$120.0K $100.4K
YoY Change -68.42% -33.23%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$120.0K -$203.5K
YoY Change -68.42% -15.21%
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 -10.00K $35.54K
YoY Change -102.38% -55.58%
NET CHANGE
Cash From Operating Activities -2.480M -$2.576M
Cash From Investing Activities -120.0K -$203.5K
Cash From Financing Activities -10.00K $35.54K
Net Change In Cash -2.610M -$2.744M
YoY Change 12.99% 56.79%
FREE CASH FLOW
Cash From Operating Activities -$2.480M -$2.576M
Capital Expenditures -$120.0K $100.4K
Free Cash Flow -$2.360M -$2.676M
YoY Change 19.8% 53.78%

Facts In Submission

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dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
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dei Document Period End Date
DocumentPeriodEndDate
2016-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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dei Entity Registrant Name
EntityRegistrantName
Ideal Power Inc.
dei Entity Central Index Key
EntityCentralIndexKey
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dei Current Fiscal Year End Date
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dei Entity Filer Category
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dei Trading Symbol
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IPWR
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dei Entity Incorporation State Country Name
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CY2016Q3 ipwr Working Capital
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