---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-031788"
form_type: "8-K"
ticker: "IPWR"
cik: "0001507957"
company_name: "Ideal Power Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:28:50.167626+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ideal Power Q3 net loss $2.7M, advances B-TRAN program with automaker Phase II

## Summary
- Net loss of $2.7M in Q3 2023 vs $1.7M in Q3 2022; operating expenses rose to $2.8M from $1.8M.
- Cash and equivalents $10.8M at Sept 30, 2023; no long-term debt outstanding.
- Advanced into Phase II of development program with top 10 global automaker; 3 of 5 deliverables complete.
- Launched SymCool IQ intelligent power module; patent estate at 77 issued (33 outside US) and 36 pending.
- Completed shipments to all large test/evaluation participants; added European power conversion supplier.

## SEC filing metadata
- accession: 0001437749-23-031788
- form_type: 8-K
- ticker: IPWR
- cik: 0001507957
- company_name: Ideal Power Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507957/000143774923031788/0001437749-23-031788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507957/000143774923031788/ipwr20231110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-031788
- JSON: https://secwatch.observer/filing/0001437749-23-031788.json
- Plain text: https://secwatch.observer/filing/0001437749-23-031788.txt

## Key facts
- Earnings Releases
  Ideal Power Inc. reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: On November 14, 2023, Ideal Power Inc. (the “Company”) issued a press release announcing its financial results for its third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507957/000143774923031788/0001437749-23-031788-index.htm

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