Ideal Pwr Inc SEC Filings

Ideal Power Inc. (IPWR) reported Q3 2025 results with revenue of $24,450 and a net loss of $2,940,650. Year to date, revenue totaled $37,728 and the net loss was $8,680,439. Cash and cash equivalents were $8,394,113 at September 30, 2025.

The company continues to commercialize its B-TRAN technology, noting Q3 revenue primarily from completing the first deliverable under a Stellantis purchase order. Management disclosed that the current cash balance and ongoing negative operating cash flow raise substantial doubt about the company’s ability to continue as a going concern for twelve months after issuance of the report.

Operating expenses were led by research and development at $1,793,162 in the quarter. Shares outstanding were 8,511,403 as of November 11, 2025. The company highlighted progress on its first SSCB design win and ongoing customer engagements, while emphasizing its dependence on additional capital to fund operations.

Ideal Power Inc. furnished an 8-K to announce its financial results for the three months ended September 30, 2025, and to share access details for its investor discussion. The company will host a conference call on November 13, 2025 at 10:00 a.m. Eastern time. U.S. participants may dial 1-888-506-0062 using passcode 264361, and a webcast/replay is available at https://www.webcaster5.com/Webcast/Page/2987/53161.

The press release is furnished as Exhibit 99.1 and, along with Item 2.02 information, is not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference into other filings.

Ideal Power (IPWR) reported an insider equity grant. The company’s President and CEO, who also serves as a Director, received 247,438 restricted stock units (RSUs)November 3, 2025. Each RSU represents the right to receive one share of common stock.

The RSUs vest in three equal annual installments beginning on November 3, 2026. Following the grant, the reporting person beneficially owned 247,438 shares directly, reflecting the awarded RSUs. The reported acquisition price was $0, consistent with RSU grants.

Ideal Power Inc. (IPWR)Director and President & CEO. The filing states that no securities are beneficially owned.

The date of event is 11/03/2025, and the form was filed by one reporting person. The signature was provided by an attorney-in-fact.

Ideal Power Inc. (IPWR) filed a Form S-8 to register 494,876 shares of common stock for issuance under a Restricted Stock Units Agreement and a Performance Stock Units Agreement granted or to be granted to David Somo. The awards were approved as a material inducement to employment in reliance on Nasdaq Listing Rule 5635(c)(4).

The inducement RSU and PSU grants are subject to vesting and forfeiture provisions described in the agreements. They were granted outside the company’s equity incentive plan but remain subject to its applicable terms. The filing incorporates by reference the company’s Exchange Act reports and includes customary Delaware law indemnification disclosures and exhibits such as the legal opinion, consents, and the forms of the inducement award agreements.

Ideal Power (IPWR) announced a leadership transition. R. Daniel Brdar notified the company of his retirement from all roles effective November 2, 2025, and will provide transition services for 12 months under a Transition Agreement with accelerated and continued vesting of certain prior equity awards during the transition period.

David Somo was appointed President, CEO, and director effective November 3, 2025. His Employment Agreement provides a $425,000 annual base salary and eligibility for a discretionary bonus targeting 100% of base salary. As an inducement, he will receive (1) restricted stock units equal to 2.5% of Fully Diluted Common Stock, vesting in three equal annual installments starting November 3, 2026, and (2) performance RSUs equal to 2.5% of Fully Diluted Common Stock, vesting upon achievement of specified milestones. The agreement includes up to $50,000 in relocation reimbursement and severance protections, including 12 months’ salary, potential bonus payments, COBRA for 12 months, and full vesting upon a Change in Control.

Ideal Power Inc. reported limited product revenue as it continues commercializing its B-TRAN technology. Revenue was $1,275 for Q2 2025 and $13,278 for the six months ended June 30, 2025, while cost of revenue produced a negative gross margin at low volumes.

The company recorded a net loss of $3,036,765 for Q2 2025 (net loss per share $0.33) and $5,739,789 for the six months ended June 30, 2025. Cash and cash equivalents were $11.1 million at June 30, 2025; management states this cash is sufficient for at least the next twelve months. Key operational items include launch of two commercial products (SymCool Power Module and SymCool IQ IPM), completion of deliverables for a SSCB design win in Q1 2025, increased R&D spend, and no outstanding debt.

Ideal Power Inc. disclosed that it has issued a press release reporting its financial results for the three months ended June 30, 2025, and that the release includes forward-looking statements with customary cautionary language. The company provided an investor conference call to discuss the results, scheduled for 10:00 a.m. Eastern time on Thursday, August 14, 2025, with a U.S. dial-in (1-888-506-0062) and passcode 422159 and a webcast and replay available at the provided link.

The filing clarifies that the information in Item 2.02 and Exhibit 99.1 is furnished, not "filed," under the Exchange Act and will not be incorporated by reference into other Securities Act or Exchange Act filings. No financial figures or performance metrics are included in this 8-K text.

Ideal Power CFO Timothy Burns reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 20, 2025. The filing details the withholding of 5,639 shares of common stock at a price of $4.22 per share to cover tax obligations related to the vesting of a restricted stock unit award.

Key details:

• Transaction Code: F (Payment of exercise price or tax liability using portion of securities received)
• No actual sale of securities occurred in the market
• Following the transaction, Burns maintains direct beneficial ownership of 94,353 shares
• The transaction was purely administrative for tax withholding purposes

This routine transaction indicates continued equity-based compensation for the CFO, with shares being withheld for tax purposes rather than an open market sale.