IPWR Q3 2024 Earnings — Ideal Power Inc. Revenue & Financial Results | Market Cap Arena

IPWRIdeal Power Inc.

$30M

Q3 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$554-64.4% YoY

Gross Profit

-$957-172.7% margin

Operating Income

-$3M-523399.1% margin

Net Income

-$3M-485622.4% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

-58.4%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$418,208

Balance Sheet

Total Assets

$23M

Total Liabilities

$2M

Stockholders' Equity

$20M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$554	$1,557	-64.4%
Gross Profit	-$957	-$1,230	+22.2%
Operating Income	-$3M	-$3M	-2.1%
Net Income	-$3M	-$3M	+1.8%

Revenue Segments

Development Revenue

$1,511100%