OverviewSuggest Edit

Ideal Power is a company that invents and commercializes the technology for electronic power converters. It sells products to systems integrators for integration into their system that enable end-users to manage their electricity consumption by integrating renewable energy sources and form their own microgrid. The company's products use multiple insulated gate bipolar transistors, which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC.
TypePublic
Founded2007
HQAustin, US
Websiteidealpower.com
Employee Ratings2.4

Latest Updates

Employees (est.) (Feb 2020)5(-28%)
Revenue (FY, 2019)$0
Share Price (Sept 2020)$6.1 (-3%)
Cybersecurity ratingBMore

Key People/Management at Ideal Power

Lon E. Bell

Lon E. Bell

Chairman
Tim Burns

Tim Burns

Chief Financial Officer
R. Daniel Brdar

R. Daniel Brdar

President, Chief Executive Officer and Director
David Eisenhaure

David Eisenhaure

Independent Director
Michael Turmelle

Michael Turmelle

Independent Director
Ted Lesster

Ted Lesster

Independent Director
Show more

Ideal Power Office Locations

Ideal Power has an office in Austin
Austin, US (HQ)
4120 Freidrich Ln #100
Show all (1)

Ideal Power Financials and Metrics

Ideal Power Revenue

USD

Revenue (Q2, 2020)

6.5k

Net income (Q2, 2020)

(833.3k)

EBIT (Q2, 2020)

(832.2k)

Market capitalization (29-Sept-2020)

17.7m

Closing stock price (29-Sept-2020)

6.1

Cash (30-Jun-2020)

1.8m

EV

16.2m
Ideal Power's current market capitalization is $17.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.6m1.2m

Revenue growth, %

(26%)(100%)

Cost of goods sold

1.9m2.2m

Gross profit

(311.0k)(1.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

275.7k253.4k444.6k181.5k619.9k342.7k6.5k

Cost of goods sold

710.9k764.6k418.5k335.0k584.8k552.1k6.5k

Gross profit

(435.3k)(511.2k)26.1k(153.5k)35.1k(209.5k)

Gross profit Margin, %

(158%)(202%)6%(85%)6%(61%)
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

4.2m10.0m3.3m3.1m

Accounts Receivable

378.7k221.1k

Prepaid Expenses

248.1k

Inventories

1.2m251.4k
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

15.4m13.3m11.7m8.2m7.0m5.5m2.2m1.4m769.8k2.2m1.8m

Accounts Receivable

565.5k205.6k387.1k152.7k170.8k279.3k

Prepaid Expenses

253.9k223.8k

Inventories

851.9k366.5k327.5k227.0k239.4k131.8k
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(11.0m)(10.4m)(4.3m)

Depreciation and Amortization

406.6k451.5k137.5k110.5k

Inventories

(680.0k)233.0k

Accounts Payable

(992.1k)102.7k(118.6k)88.8k
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(3.1m)(6.3m)(8.5m)(2.1m)(3.8m)(6.0m)(693.7k)(1.6m)(2.3m)(1.8m)

Depreciation and Amortization

113.1k224.9k339.5k113.8k216.9k297.0k27.6k56.5k82.9k28.1k57.2k

Inventories

44.5k166.5k214.5k25.2k6.5k52.1k

Accounts Payable

16.6k(133.8k)(59.7k)(149.7k)68.3k287.6k36.3k2.8k1.3k(44.0k)(135.6k)
USDFY, 2016

Revenue/Employee

58.2k

Financial Leverage

1.2 x
Show all financial metrics

Ideal Power Operating Metrics

FY, 2016FY, 2017FY, 2018

Patent Applications

100 60 30

Patents (Foreign)

11 12 9

Patents (US)

50 66 32
Show all operating metrics

Ideal Power Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Ideal Power Online and Social Media Presence

Embed Graph

Ideal Power News and Updates

Ideal Power To Present at the LD Micro 500 Virtual Conference

AUSTIN, Texas, Aug. 19, 2020 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, today announced that management is scheduled to participate in the LD Micro 500 Virtual…

Ideal Power Signs $1.2 Million Contract to Partner with Diversified Technologies on Demonstration of B-TRAN™ Enabled High Efficiency Direct Current Circuit Breaker

AUSTIN, Texas, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ: IPWR) (the “Company”), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, was awarded a $1.2 million contract by Diversified Technologies, Inc. (…

Ideal Power Enters into Early Warrant Exercise Transaction

AUSTIN, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) -- 2020, Ideal Power Inc. (Nasdaq: IPWR) (the “Company” or “Ideal Power”) entered into an early warrant exercise transaction with certain of the Company’s Series A warrant holders through a letter agreement between the Company and such Series A warrant…

Ideal Power to Host Business Update Conference Call on Tuesday, April 14, 2020 at 4:30 p.m. Eastern Time

AUSTIN, Texas, April 13, 2020 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, will host a business update conference call on Tuesday, April 14, 2020 at 4:30 p.m. Ea…

Ideal Power to Host Fourth Quarter and Full Year 2019 Results Conference Call on Wednesday, March 11, 2020 at 4:30 p.m. Eastern Time

AUSTIN, Texas, March 03, 2020 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, will hold a conference call on Wednesday, March 11, 2020 at 4:30 p.m. Eastern Time to …

Ideal Power to Present at the 12th Annual LD Micro Main Event on December 11, 2019

AUSTIN, Texas, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, has been invited to present at the 12th Annual LD Micro Main Event being held on Decemb…
Show more

Ideal Power Blogs

Ideal Power Frequently Asked Questions

  • When was Ideal Power founded?

    Ideal Power was founded in 2007.

  • Who are Ideal Power key executives?

    Ideal Power's key executives are Lon E. Bell, Tim Burns and R. Daniel Brdar.

  • How many employees does Ideal Power have?

    Ideal Power has 5 employees.

  • Who are Ideal Power competitors?

    Competitors of Ideal Power include Toshiba, ON Semiconductor and Texas Instruments.

  • Where is Ideal Power headquarters?

    Ideal Power headquarters is located at 4120 Freidrich Ln #100, Austin.

  • Where are Ideal Power offices?

    Ideal Power has an office in Austin.

  • How many offices does Ideal Power have?

    Ideal Power has 1 office.