IPWR
Income statement / Annual
Last year (2023), Ideal Power Inc.'s total revenue was $198,871.00,
a decrease of 2.16% from the previous year.
In 2023, Ideal Power Inc.'s net income was -$9.95 M.
See Ideal Power Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$198,871.00
|
$203,269.00
|
$576,399.00
|
$428,129.00
|
$0.00
|
$0.00
|
$1.21 M
|
$1.63 M
|
$4.26 M
|
$1.79 M
|
| Cost of Revenue |
$160,613.00 |
$203,269.00 |
$576,399.00 |
$428,129.00 |
$110,463.00 |
$137,509.00 |
$2.24 M |
$1.94 M |
$3.87 M |
$2.27 M |
| Gross Profit |
$38,258.00 |
$0.00 |
$0.00 |
$0.00 |
-$110,463.00 |
-$137,509.00 |
-$1.03 M |
-$310,972.00 |
$387,237.00 |
-$476,756.00 |
| Gross Profit Ratio |
0.19 |
0 |
0 |
0 |
0 |
0 |
-0.85 |
-0.19 |
0.09 |
-0.27 |
| Research and Development
Expenses |
$5.74 M
|
$3.37 M
|
$1.93 M
|
$1.72 M
|
$1.05 M
|
$871,742.00
|
$4.18 M
|
$5.22 M
|
$5.52 M
|
$2.26 M
|
| General & Administrative
Expenses |
$3.53 M
|
$3.12 M
|
$2.41 M
|
$2.35 M
|
$2.07 M
|
$3.44 M
|
$3.69 M
|
$3.74 M
|
$3.69 M
|
$2.99 M
|
| Selling & Marketing
Expenses |
$1.11 M
|
$852,331.00
|
$512,807.00
|
$40,000.00
|
$0.00
|
$0.00
|
$1.45 M
|
$1.74 M
|
$1.64 M
|
$1.20 M
|
| Selling, General &
Administrative Expenses |
$4.65 M
|
$3.98 M
|
$2.92 M
|
$2.35 M
|
$2.07 M
|
$3.44 M
|
$5.14 M
|
$5.48 M
|
$5.34 M
|
$4.19 M
|
| Other Expenses |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$10.39 M |
$7.34 M |
$4.85 M |
$4.07 M |
$3.12 M |
$4.31 M |
$9.32 M |
$10.71 M |
$10.86 M |
$6.45 M |
| Cost And Expenses |
$10.55 M |
$7.55 M |
$5.43 M |
$4.50 M |
$3.12 M |
$4.31 M |
$11.56 M |
$12.65 M |
$14.73 M |
$8.72 M |
| Interest Income |
$398,068.00 |
$153,609.00 |
$12,701.00 |
$5,049.00 |
$4,267.00 |
$0.00 |
$17,588.00 |
$36,046.00 |
$31,472.00 |
$0.00 |
| Interest Expense |
$0.00 |
$153,609.00 |
$12,701.00 |
$5,049.00 |
-$4,267.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$271,746.00
|
$187,077.00
|
$157,564.00
|
$122,152.00
|
$110,463.00
|
$137,509.00
|
$154,763.00
|
$406,639.00
|
$232,852.00
|
$67,793.00
|
| EBITDA |
-$10.08 M
|
-$7.16 M
|
-$4.69 M
|
-$7.67 M
|
-$3.00 M
|
-$4.13 M
|
-$4.06 M
|
-$10.57 M
|
-$10.24 M
|
-$6.86 M
|
| EBITDA Ratio |
-50.69 |
-35.2 |
-8.14 |
-9.22 |
0 |
0 |
-8.17 |
-6.51 |
-2.4 |
-3.82 |
| Operating Income Ratio
|
-52.05
|
-36.12
|
-8.41
|
-9.5
|
0
|
0
|
-8.54
|
-6.76
|
-2.46
|
-3.86
|
| Total Other
Income/Expenses Net |
$398,068.00
|
$153,609.00
|
$78,706.00
|
-$3.73 M
|
-$4,267.00
|
$40,021.00
|
-$6.21 M
|
$36,046.00
|
$31,472.00
|
$27,715.00
|
| Income Before Tax |
-$9.95 M |
-$7.19 M |
-$4.77 M |
-$7.79 M |
-$3.12 M |
-$4.27 M |
-$10.34 M |
-$10.98 M |
-$10.44 M |
-$6.90 M |
| Income Before Tax Ratio
|
-50.05
|
-35.37
|
-8.28
|
-18.2
|
0
|
0
|
-8.53
|
-6.74
|
-2.45
|
-3.85
|
| Income Tax Expense |
$0.00 |
-$307,218.00 |
$12,701.00 |
$5,049.00 |
$812,399.00 |
$3.59 M |
-$17,588.00 |
-$36,046.00 |
-$31,472.00 |
-$27,715.00 |
| Net Income |
-$9.95 M |
-$6.88 M |
-$4.78 M |
-$7.80 M |
-$3.93 M |
-$7.90 M |
-$10.34 M |
-$10.98 M |
-$10.44 M |
-$6.90 M |
| Net Income Ratio |
-50.05 |
-33.86 |
-8.3 |
-18.22 |
0 |
0 |
-8.53 |
-6.74 |
-2.45 |
-3.85 |
| EPS |
-1.61 |
-1.12 |
-0.81 |
-2.2 |
-2.38 |
-5.65 |
-7.82 |
-11.5 |
-12.29 |
-9.83 |
| EPS Diluted |
-1.61 |
-1.12 |
-0.81 |
-2.2 |
-2.38 |
-5.64 |
-7.82 |
-11.5 |
-12.29 |
-9.83 |
| Weighted Average Shares
Out |
$6.19 M
|
$6.16 M
|
$5.94 M
|
$3.54 M
|
$1.65 M
|
$1.40 M
|
$1.32 M
|
$954,838.00
|
$849,573.00
|
$701,687.00
|
| Weighted Average Shares
Out Diluted |
$6.19 M
|
$6.16 M
|
$5.94 M
|
$3.54 M
|
$1.65 M
|
$1.40 M
|
$1.32 M
|
$954,838.00
|
$849,573.00
|
$701,687.00
|
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