Ideal Power Inc. (IPWR)

Ideal Power Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.11	15.84	8.47	16.35	23.17	3.16
Cash & Short-Term Investments	11.11	15.84	8.47	16.35	23.17	3.16
Cash Growth	-44.65%	86.94%	-48.15%	-29.45%	633.87%	3.01%
Accounts Receivable	0.01	0	0.07	0.07	0.23	0.17
Receivables	0.01	0	0.07	0.07	0.23	0.17
Inventory	0.08	0.1	0.08	-	-	-
Prepaid Expenses	0.23	0.18	0.35	0.38	0.02	0.12
Other Current Assets	-	0.18	0.13	0.11	0.02	-
Total Current Assets	11.42	16.3	9.11	16.9	23.45	3.45
Property, Plant & Equipment	0.82	0.9	0.55	0.45	0.36	0.12
Other Intangible Assets	2.68	2.61	2.58	2.04	2.06	1.57
Other Long-Term Assets	0.02	0.02	0.01	0.01	0.01	-
Total Assets	14.95	19.83	12.25	19.4	25.88	5.13
Accounts Payable	0.15	0.1	0.41	0.13	0.13	0.1
Accrued Expenses	0.66	0.37	0.46	0.25	0.28	0.48
Current Portion of Leases	0.09	0.08	0.07	0.06	0.06	0.08
Current Income Taxes Payable	-	-	-	-	0.08	-
Total Current Liabilities	0.9	0.56	0.93	0.45	0.54	0.66
Long-Term Debt	-	-	-	-	-	0.09
Long-Term Leases	0.36	0.4	0.13	0.2	0.27	-
Other Long-Term Liabilities	0.95	1.01	1.13	0.84	0.92	0.55
Total Liabilities	2.21	1.97	2.19	1.49	1.73	1.3
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	125.95	125.33	107.12	105.01	104.06	78.97
Retained Earnings	-113.21	-107.47	-97.05	-87.1	-79.91	-75.14
Treasury Stock	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Total Common Equity	12.74	17.86	10.06	17.91	24.15	3.83
Shareholders' Equity	12.74	17.86	10.06	17.91	24.15	3.83
Total Liabilities & Equity	14.95	19.83	12.25	19.4	25.88	5.13
Total Debt	0.45	0.49	0.2	0.27	0.33	0.17
Net Cash (Debt)	10.66	15.36	8.27	16.08	22.84	2.98
Net Cash Growth	-46.88%	85.65%	-48.55%	-29.62%	665.59%	6.57%
Net Cash Per Share	1.18	1.88	1.34	2.61	3.85	0.84
Filing Date Shares Outstanding	8.5	8.34	7.37	5.92	5.9	5.87
Total Common Shares Outstanding	8.5	8.34	6	5.92	5.89	3.26
Working Capital	10.52	15.74	8.18	16.45	22.9	2.79
Book Value Per Share	1.50	2.14	1.68	3.02	4.10	1.17
Tangible Book Value	10.06	15.24	7.48	15.87	22.09	2.26
Tangible Book Value Per Share	1.18	1.83	1.25	2.68	3.75	0.69
Buildings	-	0.02	0.01	0.01	0.01	0.03
Machinery	-	0.56	0.42	0.33	0.16	0.14

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q