IPWR Q2 2024 Earnings — Ideal Power Inc. Revenue & Financial Results | Market Cap Arena

IPWRIdeal Power Inc.

$30M

Q2 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1,331-99.0% YoY

Gross Profit

-$16,143-1212.8% margin

Operating Income

-$3M-216830.4% margin

Net Income

-$3M-200004.9% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

-98.3%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$364,581

Balance Sheet

Total Assets

$23M

Total Liabilities

$2M

Stockholders' Equity

$21M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1,331	$135,167	-99.0%
Gross Profit	-$16,143	$24,430	-166.1%
Operating Income	-$3M	-$2M	-20.8%
Net Income	-$3M	-$2M	-16.8%

Revenue Segments

Development Revenue

$17,474100%