secwatch.observer — SEC 8-K summary
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Issuer:     Ideal Power Inc. (IPWR)
CIK:        0001507957
Form:       8-K
Filed at:   2022-03-17T23:59:59+00:00
Accession:  0001104659-22-035020
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ideal Power reports Q4 net loss $1.4M, cash $23.2M; adds test program participants
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- Net loss Q4 2021 $1.4M vs $1.1M in Q4 2020; full year 2021 net loss $4.8M vs $7.8M in 2020.
- Cash and equivalents $23.2M at Dec 31, 2021; no long-term debt.
- Added participants to B-TRAN test program: a leading commercial EV manufacturer and a Forbes 2021 Global 500 power management firm.
- Delivered Phase I commitments under DOE SBIR grant for 13.8 kV AC SSCB; plans Phase II grant application with DTI.
- Appointed two new independent directors with semiconductor and target market experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507957/000110465922035020/0001104659-22-035020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507957/000110465922035020/tm229120d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-035020

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