Every 10-Q that Ideal Power Inc. (IPWR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IPWR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IPWR filings page.
Ideal Power Inc. is an early-stage power semiconductor company focused on commercializing its B-TRAN® solid-state switch technology, with first products (discrete B-TRAN® and SymCool® Power Module) launched and initial prototype sales under evaluation by customers, including shipments under a purchase order from Stellantis.
For the six months ended June 30, 2026, the company generated $5,800 in revenue and recorded a net loss of $7,044,431, 23% higher than a year earlier, driven mainly by increased general and administrative and sales and marketing expenses and a $215,133 non-cash patent impairment. Liquidity improved substantially following February and May equity offerings, which provided $12.6 million and $27.7 million in net proceeds, respectively, lifting cash and cash equivalents to $41.3 million and total assets to $45.0 million at June 30, 2026, with no debt and working capital of $40.1 million. Management expects modestly higher operating cash outflows in the remainder of 2026 as commercialization efforts, customer engagements, and a strategic cooperation agreement around solid-state circuit breakers and EV applications progress.
Ideal Power Inc. reports Q1 2026 results showing wider losses as it invests heavily to commercialize its B-TRAN® power-switch technology. The company generated no revenue in the quarter, compared with $12,003 a year earlier, while operating expenses rose across research and development, general and administrative, and sales and marketing.
Net loss increased to $3.63 million from $2.70 million, driven mainly by higher stock-based compensation, semiconductor fabrication, testing, and personnel costs. Despite ongoing losses, liquidity strengthened: cash and equivalents were $16.4 million at March 31, 2026, boosted by an underwritten stock and pre-funded warrant offering that raised estimated net proceeds of $12.6 million.
Subsequent to quarter-end, Ideal Power entered a registered direct offering expected to add a further $27.7 million in net proceeds. The company highlights progress in commercializing its discrete B-TRAN® and SymCool® power module, a multi-year strategic cooperation for solid-state circuit breakers and EV contactors, and ongoing development work with Stellantis on EV applications, while acknowledging a continued need for external funding until revenues scale.
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. 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.