IDEAL POWER INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8K | $0 | $0 | $24.5K | $1.3K | $12.0K | $5.4K | $554 |
| Cost of Revenue | $4.0K | $0 | $0 | $26.1K | $3.5K | $30.9K | $5.9K | $1.5K |
| Gross Profit | $1.8K | $0 | $0 | $-1.6K | $-2.2K | $-18.9K | $-518 | $-957 |
| Gross Margin | 30.9% | — | — | -6.6% | -172.7% | -157.1% | -9.6% | -172.7% |
| Operating Expenses | ||||||||
| Research & Development | $1.4M | $2.0M | $786.0K | $1.8M | $1.9M | $1.6M | $1.6M | $1.7M |
| SG&A Expense | $1.7M | $1.2M | $1.0M | $958.9K | $897.2K | $899.8K | $913.5K | $894.0K |
| Operating Income | $-3.6M | $-3.7M | $-1.9M | $-3.0M | $-3.1M | $-2.8M | $-2.8M | $-2.9M |
| Operating Margin | -62,468.1% | — | — | -12,353.0% | -246,313.2% | -23,534.4% | -51,009.2% | -523,399.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-3.4M | $-3.6M | $-1.9M | $-2.9M | $-3.0M | $-2.7M | $-2.6M | $-2.7M |
| Net Margin | -58,843.6% | — | — | -12,027.2% | -238,177.6% | -22,519.6% | -47,998.8% | -485,622.4% |
| EPS (Basic) | $-0.20 | $-0.33 | $-0.21 | $-0.32 | $-0.33 | $-0.30 | $-0.27 | $-0.31 |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 16.9M | 11.2M | 9.1M | 9.2M | 9.1M | 9.1M | 8.2M | 8.8M |
| Shares Outstanding (Diluted) | 16.9M | 11.2M | 9.1M | 9.2M | 9.1M | 9.1M | 8.2M | 8.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |