secwatch.observer — SEC 8-K summary
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Issuer:     Ideal Power Inc. (IPWR)
CIK:        0001507957
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001104659-21-136940
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ideal Power reports Q3 net loss $1.2M; adds major firms to B-TRAN test program
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- Net loss of $1.2M (vs $4.9M which included $3.7M one-time charge); cash $24.5M, no debt.
- Grant revenue $121k in Q3 vs $148k in Q3 2020; nine-month grant revenue up to $448k.
- Added test/evaluation participants: top 10 global automaker, Forbes 500 power mgmt leader, top 10 solar converter, EV charging co.
- Partnered with DTI under DOE SBIR for B-TRAN AC solid state circuit breaker; final NAVSEA wafer run.
- Targeting commercialization of B-TRAN in second half of 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507957/000110465921136940/0001104659-21-136940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507957/000110465921136940/tm2132295d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-136940

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer