IPWR Q1 2024 Earnings — Ideal Power Inc. Revenue & Financial Results | Market Cap Arena

IPWRIdeal Power Inc.

$30M

Q1 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$78,739+11758.3% YoY

Gross Profit

$10,24113.0% margin

Operating Income

-$3M-3209.3% margin

Net Income

-$2M-3136.5% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

+28.1%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$381,019

Balance Sheet

Total Assets

$24M

Total Liabilities

$2M

Stockholders' Equity

$22M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78,739	$664	+11758.3%
Gross Profit	$10,241	$0	—
Operating Income	-$3M	-$3M	+4.3%
Net Income	-$2M	-$3M	+2.3%

Revenue Segments

Development Revenue

$78,739100%