---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-027919"
form_type: "8-K"
ticker: "IPWR"
cik: "0001507957"
company_name: "Ideal Power Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T14:59:14.344472+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ideal Power Q4 net loss $1.9M; launches SymCool Power Module, signs automaker deal

## Summary
- Net loss Q4 2022 $1.9M vs $1.4M Q4 2021; full year net loss $7.2M vs $4.8M.
- Cash and equivalents $16.3M at Dec 31, 2022; no long-term debt outstanding.
- Launched first commercial product SymCool Power Module in Jan 2023; first sales expected later 2023.
- Entered product development agreement with top 10 global automaker for EV drivetrain inverters.
- B-TRAN patent estate: 72 issued patents (31 outside US), 24 pending.

## SEC filing metadata
- accession: 0001104659-23-027919
- form_type: 8-K
- ticker: IPWR
- cik: 0001507957
- company_name: Ideal Power Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507957/000110465923027919/0001104659-23-027919-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507957/000110465923027919/tm238279d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-027919
- JSON: https://secwatch.observer/filing/0001104659-23-027919.json
- Plain text: https://secwatch.observer/filing/0001104659-23-027919.txt

## Key facts
- Earnings Releases
  Ideal Power Inc. reported fourth quarter and full year ended December 31, 2022 results: net income Net loss in the fourth quarter of 2022 was $1.9 million compared to $1.4 million in the fourth quarter of 2021. Net loss.
  - Period: fourth quarter and full year ended December 31, 2022
  - Net income: Net loss in the fourth quarter of 2022 was $1.9 million compared to $1.4 million in the fourth quarter of 2021. Net loss
  - Result: reported results
  source text: On March 2, 2023, Ideal Power Inc. (the "Company") issued a press release announcing its financial results for the three months and full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507957/000110465923027919/0001104659-23-027919-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.