IPWR Q1 2023 Earnings — Ideal Power Inc. Revenue & Financial Results | Market Cap Arena

IPWRIdeal Power Inc.

$30M

Q1 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$664-99.5% YoY

Gross Profit

$00.0% margin

Operating Income

-$3M-397483.0% margin

Net Income

-$3M-380720.6% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

-96.0%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$609,926

Balance Sheet

Total Assets

$18M

Total Liabilities

$2M

Stockholders' Equity

$16M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$664	$125,008	-99.5%
Gross Profit	$0	$0	—
Operating Income	-$3M	-$2M	-38.8%
Net Income	-$3M	-$2M	-32.7%