secwatch.observer — SEC 8-K summary
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Issuer:     Ideal Power Inc. (IPWR)
CIK:        0001507957
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001104659-22-118555
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ideal Power Q3 2022 net loss $1.7M; cash $18.5M; new automaker product development deal
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- Net loss of $1.7M vs $1.2M in Q3 2021; operating expenses $1.8M.
- Cash and equivalents $18.5M; no long-term debt at Sept 30, 2022.
- Entered product development agreement with top 10 global automaker for custom B-TRAN module for EV inverters.
- Shipped additional B-TRAN devices to DTI for NAVSEA MVDC circuit breaker demo.
- Packaging design of multi-die power module nearing completion by year-end; 71 issued patents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507957/000110465922118555/0001104659-22-118555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507957/000110465922118555/tm2230206d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-118555

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