Ideal Power Inc.
Description
Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It also offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. Ideal Power Inc. was incorporated in 2007 and is headquartered in Austin, Texas.
About
CEO
Mr. R. Daniel Brdar
Employees
11
Instrument type
Common Stock
Sector
Industrials
Industry
Electrical Equipment & Parts
MIC code
XNCM
Address
5508 Highway 290 West, Austin, TX 78735, United States
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 12, 2025 | — | — | — | — |
| Aug 12, 2025 | — | — | — | — |
| May 13, 2025 | — | — | — | — |
| Feb 26, 2025 | — | — | — | — |
| Feb 29, 2024 | -0.42 | -0.39 | 0.03 | -7.14% |
Earnings estimate
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Next Year
(Dec 2025)
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|---|---|---|---|---|
| Number of analysts | — | — | — | 0 |
| Average estimate | — | — | — | 0.00 |
| Low estimate | — | — | — | 0.00 |
| High estimate | — | — | — | 0.00 |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
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Next qtr.
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Current year
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Next year (Dec 2025)
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Next 5 years (per annum)
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Past 5 years (per annum)
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Income statement
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Fiscal date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total reported revenue | 203,269 | 576,399 | 428,129 | — | — |
| Cost of revenue | 203,269 | 576,399 | 428,129 | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | 3.37M | 1.93M | 1.72M | 1.05M | 871,742 |
| Selling general and admin | 3.98M | 2.92M | 2.35M | 2.07M | 3.44M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -7.34M | -4.85M | -4.07M | -3.12M | -4.31M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | 12,701 | 5,049 | 4,267 | — |
| Other income expense | — | 91,407 | -3.72M | — | — |
| Pretax income | -7.19M | -4.77M | -7.79M | -3.12M | -4.27M |
| Tax provision | — | — | — | — | — |
| Net income | -7.19M | -4.77M | -7.79M | -3.93M | -7.90M |
| Basic EPS | -1.17 | -0.80 | -2.20 | -2.38 | -5.64 |
| Diluted EPS | -1.17 | -0.80 | -2.20 | -2.38 | -5.64 |
| Basic average shares | 6.16M | 5.94M | 3.54M | 1.65M | 1.40M |
| Diluted average shares | 6.16M | 5.94M | 3.54M | 1.65M | 1.40M |
| EBITDA | -7.10M | -4.78M | -3.95M | -3.00M | -4.17M |
| Net income from continuing op. | -7.19M | -4.77M | -7.79M | -3.12M | -4.27M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Fiscal date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 19.40M | 25.88M | 5.13M | 5.27M | 6.17M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 16.35M | 23.17M | 3.16M | 3.06M | 3.26M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 65,936 | 233,262 | 170,287 | — | — |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | 452,817 | 26,681 | 118,883 | 239,490 | 264,378 |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | 1.10M |
| Hedging assets | — | — | — | — | — |
| Other current assets | 38,548 | 17,219 | 118,883 | 8,658 | 69,499 |
| Non current assets | |||||
| Properties | — | — | — | 260,310 | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 332,224 | 156,695 | 135,076 | 204,439 | 199,543 |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -142,366 | -110,782 | -123,041 | -182,227 | -323,457 |
| Goodwill | 2.04M | 2.06M | 1.57M | 1.63M | 1.40M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 2.04M | 2.06M | 1.57M | 1.63M | 1.40M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 11,189 | 11,189 | — | 17,920 | 17,920 |
| Total liabilities | 1.49M | 1.73M | 1.30M | 1.38M | 1.57M |
| Current liabilities | |||||
| Accounts payable | 130,503 | 130,500 | 101,984 | 182,956 | 94,203 |
| Accrued expenses | 183,957 | 130,551 | 283,931 | 222,316 | 118,946 |
| Short term debt | 64,597 | 58,864 | 82,055 | 183,119 | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | 75,200 | — | 54,160 | 4,987 |
| Pensions | 70,261 | 147,756 | 191,556 | 42,659 | 43,822 |
| Other current liabilities | — | — | — | — | 877,755 |
| Non current liabilities | |||||
| Long term debt | 202,987 | 267,584 | 91,407 | 82,055 | — |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 838,458 | 917,100 | 552,031 | 609,242 | 428,163 |
| Shareholders equity | |||||
| Common stock | 5,926 | 5,894 | 3,266 | 2,101 | 1,404 |
| Retained earnings | -87.10M | -79.91M | -75.14M | -67.34M | -63.41M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 17.91M | 24.15M | 3.83M | 3.89M | 4.60M |
| Additional paid in capital | 105.01M | 104.06M | 78.97M | 71.24M | 68.02M |
| Treasury stock | 13,210 | 13,210 | 13,210 | 13,210 | 13,210 |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Net Income | -7.19M | -4.77M | -7.79M | -3.12M | -4.27M | -4.21M | -10.98M | -10.44M | -6.90M | -9.55M | -4.65M | -1.75M |
| Depreciation | 245,529 | 157,564 | 122,152 | 110,463 | 137,509 | 154,763 | 406,639 | 232,852 | 67,793 | 29,711 | 52,139 | 40,859 |
| Deferred Taxes | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | 975,801 | 352,313 | 868,648 | 184,339 | 730,802 | 988,886 | 1.52M | 1.38M | 944,102 | 458,983 | 64,596 | 54,639 |
| Other Non-Cash Items | 100,100 | 207,980 | 50,000 | — | — | — | — | 84,900 | 180,183 | 5.79M | 2.39M | 295,824 |
| Accounts Receivable | 167,326 | -62,975 | -170,287 | — | 5,618 | -5,618 | 408,841 | -523,697 | -218,890 | 233,268 | -382,314 | -103,360 |
| Accounts Payable | 3 | 28,516 | -80,972 | 88,753 | -118,621 | 57,100 | -992,061 | 897,192 | -97,509 | -145,413 | 435,892 | 101,077 |
| Other Assets & Liabilities | — | — | — | — | — | 232,999 | -679,993 | -412,698 | 205,468 | -325,441 | -87,849 | -130,018 |
| Operating Cash Flow | -5.70M | -4.09M | -7.00M | -2.74M | -3.52M | -2.78M | -10.32M | -8.78M | -5.82M | -3.51M | -2.18M | -1.49M |
| Investing Activities | ||||||||||||
| Capital Expenditures | -182,651 | -44,267 | -13,940 | -4,253 | -1,088 | -64,747 | -391,088 | -791,605 | -342,247 | -78,941 | -5,961 | -74,381 |
| Net Intangibles | -130,089 | -192,668 | -53,220 | -99,845 | -133,061 | -171,330 | -359,904 | -630,136 | -418,255 | -142,708 | -323,074 | -56,430 |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -182,651 | -44,267 | -13,940 | -4,253 | -1,088 | -64,747 | -391,088 | -791,605 | -342,247 | -78,941 | 14,039 | -94,381 |
| Financing Activities | ||||||||||||
| Long-Term Debt Issuance | — | — | 91,407 | — | — | — | — | — | — | 611,256 | 4.32M | 1.16M |
| Long-Term Debt Payments | — | — | — | — | — | — | — | — | — | — | -20,000 | — |
| Other Financing Charges | -127,872 | — | — | — | -5,721 | -1,574 | -3,258 | — | — | — | — | — |
| Financing Cash Flow | -127,872 | 21.20M | 91,407 | 3.10M | -5,721 | 13.66M | -3,258 | 15.92M | — | 15.63M | 4.33M | 1.36M |
| Other Cash Details | ||||||||||||
| End Cash Position | 16.35M | 23.17M | 3.16M | 3.06M | 3.26M | 10.02M | 4.20M | 15.02M | 7.91M | 14.14M | 1.97M | 100,675 |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | 212 | 4,152 |
| Free Cash Flow | -6.70M | -4.52M | -3.09M | -3.32M | -6.68M | -3.19M | -10.85M | -9.47M | -6.23M | -3.46M | -2.50M | -1.49M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 231,309 | 1.63M | 2.84% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 78,055 | 550,678 | 0.96% |
| Fidelity Extended Market Index Fund | Nov 30, 2024 | 39,192 | 276,499 | 0.48% |
| iShares Micro Cap ETF | Nov 30, 2024 | 16,848 | 118,862 | 0.21% |
| Fidelity Total Market Index Fund | Nov 30, 2024 | 13,274 | 93,648 | 0.16% |
| Fidelity Series Total Market Index Fund | Nov 30, 2024 | 9,288 | 65,526 | 0.11% |
| Fidelity NASDAQ Composite Index Fund | Nov 30, 2024 | 6,424 | 45,321 | 0.08% |
| Vanguard Institutional Index-Inst Total Stock Market Ind | Sep 30, 2024 | 6,716 | 47,381 | 0.08% |
| Vanguard Balanced Index Fund | Sep 30, 2024 | 5,004 | 35,303 | 0.06% |
| Schwab Capital Trust-Total Stock Market Index Fund | Oct 31, 2024 | 3,471 | 24,487 | 0.04% |
Article
Ideal Power's penetration in target markets expected to drive initial sales ramp in second half of 2025
Ideal Power Inc (NASDAQ:IPWR) is penetrating the $2.4 billion solid-state switchgear and energy and power markets, expecting that this will drive an initial sales ramp in the second half of 2025 and support long-term profitability growth. Additionally, this strategy does encompass various other markets, such as the $3.6 billion automotive market, which provides further opportunities for expansion.
Jan 22, 2025
Article
Ideal Power Announces Plans for Upcoming Investor Conferences
Emerging Growth Virtual Conference on January 16, 2025 Planet MicroCap Showcase in Las Vegas on April 23 and 24, 2025 AUSTIN, Texas , Jan. 14, 2025 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced management's plans for participation in upcoming investor conferences. Emerging Growth Virtual Conference on January 16, 2025 Ideal Power plans to present at the Emerging Growth Virtual Conference on January 16 at 2:20 PM ET.
Jan 14, 2025
Article
Ideal Power secures first design win for B-TRAN-powered solid-state circuit breakers
Ideal Power Inc (NASDAQ:IPWR) announced on Monday its first design win for solid-state circuit breakers (SSCBs) through a partnership with one of Asia's largest circuit protection equipment manufacturers, The agreement includes joint development of a SSCB product incorporating Ideal Power's B-TRAN devices, according to a statement from the company. Design, prototyping, and testing is expected to be completed by the second quarter of 2025, with commercial sales to follow later that year.
Dec 16, 2024
