IDEAL POWER INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $37.7K | $86.0K | $198.9K | $203.3K | $576.4K | $428.1K | $0 |
| Cost of Revenue | — | $60.4K | $93.4K | $160.6K | $203.3K | $576.4K | $428.1K | $0 |
| Gross Profit | — | $-22.7K | $-7.4K | $38.3K | $0 | $0 | $0 | $0 |
| Gross Margin | — | -60.1% | -8.6% | 19.2% | 0.0% | 0.0% | 0.0% | — |
| Operating Expenses | ||||||||
| Research & Development | — | $6.0M | $6.2M | $5.7M | $3.4M | $1.9M | $1.7M | $1.1M |
| SG&A Expense | — | $3.8M | $3.6M | $3.5M | $3.1M | $2.4M | $2.3M | $2.1M |
| Operating Income | — | $-10.9M | $-11.1M | $-10.4M | $-7.3M | $-4.8M | $-4.1M | $-3.1M |
| Operating Margin | — | -28,979.0% | -12,868.7% | -5,205.4% | -3,612.4% | -841.3% | -950.2% | — |
| Interest Expense | — | — | — | — | — | $12.7K | $5.0K | $4.3K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | $1.3K | $0 | — | — | — | — | — |
| Net Income | — | $-10.6M | $-10.4M | $-10.0M | $-7.2M | $-4.8M | $-7.8M | $-3.9M |
| Net Margin | — | -28,038.6% | -12,109.2% | -5,005.3% | -3,536.9% | -827.6% | -1,820.5% | — |
| EPS (Basic) | — | $-1.16 | $-1.28 | $-1.61 | $-1.17 | $-0.80 | $-2.20 | $-2.38 |
| EPS (Diluted) | — | — | — | — | $-1.17 | $-0.80 | $-2.20 | $-2.38 |
| Shares Outstanding (Basic) | 12.1M | 9.1M | 8.2M | 6.2M | 6.2M | 5.9M | 3.5M | 2.1M |
| Shares Outstanding (Diluted) | 12.1M | 9.1M | 8.2M | 6.2M | 6.2M | 5.9M | 3.5M | 2.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |