IPWR Q3 2023 Earnings — Ideal Power Inc. Revenue & Financial Results | Market Cap Arena

IPWRIdeal Power Inc.

$30M

Q3 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1,557-85.4% YoY

Gross Profit

-$1,230-79.0% margin

Operating Income

-$3M-182386.4% margin

Net Income

-$3M-176010.3% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

-98.8%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$626,002

Balance Sheet

Total Assets

$14M

Total Liabilities

$2M

Stockholders' Equity

$12M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1,557	$10,675	-85.4%
Gross Profit	-$1,230	$0	—
Operating Income	-$3M	-$2M	-61.7%
Net Income	-$3M	-$2M	-60.8%

Revenue Segments

Development Revenue

$2,787100%