Ideal Power Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	16.41	6.13	15.84	8.47	16.35	23.17
Cash & Short-Term Investments	16.41	6.13	15.84	8.47	16.35	23.17
Cash Growth	19.81%	-61.31%	86.94%	-48.15%	-29.45%	633.87%
Accounts Receivable	0.02	0.02	0	0.07	0.07	0.23
Inventory	0.04	0.01	0.1	0.08	-	-
Other Current Assets	0.32	0.38	0.36	0.48	0.49	0.04
Total Current Assets	16.8	6.54	16.3	9.11	16.9	23.45
Net Property, Plant & Equipment	0.86	0.77	0.9	0.55	0.45	0.36
Other Intangible Assets	2.74	2.69	2.61	2.58	2.04	2.06
Other Long-Term Assets	0.06	0.04	0.02	0.01	0.01	0.01
Total Assets	20.46	10.05	19.83	12.25	19.4	25.88
Accounts Payable	0.76	0.41	0.1	0.41	0.13	0.13
Accrued Expenses	0.64	0.47	0.37	0.46	0.25	0.35
Current Portion of Leases	0.1	0.09	0.08	0.07	0.06	0.06
Total Current Liabilities	1.5	0.97	0.56	0.93	0.45	0.54
Long-Term Leases	0.28	0.31	0.4	0.13	0.2	0.27
Other Long-Term Liabilities	0.87	0.89	1.01	1.13	0.84	0.92
Total Long-Term Liabilities	1.15	1.2	1.41	1.26	1.04	1.18
Total Liabilities	2.65	2.17	1.97	2.19	1.49	1.73
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Treasury Stock	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Additional Paid-in Capital	139.49	125.93	125.33	107.12	105.01	104.06
Retained Earnings	-121.68	-118.05	-107.47	-97.05	-87.1	-79.91
Shareholders' Equity	17.81	7.88	17.86	10.06	17.91	24.15
Total Liabilities & Equity	20.46	10.05	19.83	12.25	19.4	25.88
Total Debt	0.38	0.4	0.49	0.2	0.27	0.33
Net Cash (Debt)	16.03	5.73	15.36	8.27	16.08	22.84
Net Cash Growth	179.96%	-62.71%	85.65%	-48.55%	-29.62%	665.59%
Net Cash Per Share	1.66	0.63	1.88	1.34	2.61	3.85
Book Value	17.81	7.88	17.86	10.06	17.91	24.15
Book Value Per Share	1.85	0.86	2.19	1.62	2.91	4.07
Tangible Book Value	15.06	5.19	15.24	7.48	15.87	22.09
Tangible Book Value Per Share	1.56	0.57	1.87	1.21	2.58	3.72

SEC Filings: 10-K · 10-Q