Ideal Power Inc. (IPWR)

Ideal Power Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	0.28	0.2	0.2	0.58	0.43	0
Revenue Growth (YoY)	250.90%	-2.16%	-64.73%	34.63%	-	-
Cost of Revenue	0.23	0.16	0.2	0.58	0.43	0
Gross Profit	0.05	0.04	0	0	0	0
Selling, General & Admin	4.62	4.65	3.98	2.92	2.35	2.07
Research & Development	5.67	5.74	3.37	1.93	1.72	1.05
Operating Expenses	10.29	10.39	7.34	4.85	4.07	3.12
Operating Income	-10.24	-10.35	-7.34	-4.85	-4.07	-3.12
Interest Expense / Income	0	0	0	-0.01	0.01	0
Other Expense / Income	-0.34	-0.4	-0.15	-0.07	3.72	0.81
Pretax Income	-9.9	-9.95	-7.19	-4.77	-7.79	-3.93
Net Income	-9.9	-9.95	-7.19	-4.77	-7.79	-3.93
Shares Outstanding (Basic)	6	6	6	6	4	2
Shares Outstanding (Diluted)	6	6	6	6	4	2
Shares Change	2.29%	0.53%	3.71%	67.76%	113.98%	18.02%
EPS (Basic)	-1.59	-1.61	-1.17	-0.80	-2.20	-2.38
EPS (Diluted)	-1.59	-1.61	-1.17	-0.80	-2.20	-2.38
Free Cash Flow	-7.48	-7.37	-6.57	-4.33	-3.03	-2.53
Free Cash Flow Per Share	-1.18	-1.19	-1.07	-0.73	-0.86	-1.53
Gross Margin	17.27%	19.24%	-	-	-	-
Operating Margin	-3697.62%	-5205.43%	-3612.43%	-841.25%	-950.18%	-
Profit Margin	-3573.14%	-5005.26%	-3536.86%	-827.60%	-1820.46%	-
Free Cash Flow Margin	-2699.66%	-3707.13%	-3230.48%	-750.37%	-708.42%	-
EBITDA	-9.52	-9.62	-6.94	-4.63	-7.67	-3.81
EBITDA Margin	-3436.66%	-4837.37%	-3416.07%	-802.47%	-1790.74%	-
Depreciation & Amortization	0.38	0.33	0.25	0.16	0.12	0.11
EBIT	-9.9	-9.95	-7.19	-4.78	-7.79	-3.92
EBIT Margin	-3573.14%	-5005.26%	-3536.86%	-829.80%	-1819.28%	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).