secwatch.observer — SEC 8-K summary
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Issuer:     Ideal Power Inc. (IPWR)
CIK:        0001507957
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001104659-22-061301
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ideal Power Q1 2022 net loss $1.9M vs $0.9M; progresses B-TRAN commercialization
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- Net loss of $1.9M in Q1 2022 vs $0.9M in Q1 2021; operating expenses $1.9M (up from $0.9M).
- Grant revenue $125K vs $242K year-over-year; cash and equivalents $21.7M, no long-term debt.
- Added participants to B-TRAN test program: Fortune 1000 semiconductor firm, EV manufacturer, aerospace/defense integrator.
- Qualified second domestic fab partner; began qualification of non-domestic fab for high-volume production.
- Completed SBIR Phase I with DTI; submitted Phase II proposal for 13.8 kV AC solid-state circuit breaker.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507957/000110465922061301/0001104659-22-061301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507957/000110465922061301/tm2214993d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-061301

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