---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-005997"
form_type: "8-K"
ticker: "IPWR"
cik: "0001507957"
company_name: "Ideal Power Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:33:45.064253+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ideal Power reports Q4 commercial revenue of $61K; net loss $2.4M; Stellantis Phase II completed

## Summary
- Q4 2023 commercial revenue $61,483 vs $0 YoY; full-year commercial revenue $161,483 vs $0.
- Q4 2023 net loss $2.4M vs $1.9M YoY; full-year net loss $10.0M vs $7.2M.
- Cash and equivalents $8.5M at Dec 31, 2023; no long-term debt outstanding.
- Completed Phase II development with Stellantis ahead of schedule; commenced SymCool power module shipments.
- 82 issued B-TRAN patents (36 outside US) and 39 pending; second wafer fab qualification nearing completion.

## SEC filing metadata
- accession: 0001437749-24-005997
- form_type: 8-K
- ticker: IPWR
- cik: 0001507957
- company_name: Ideal Power Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507957/000143774924005997/0001437749-24-005997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507957/000143774924005997/ipwr20240227_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-005997
- JSON: https://secwatch.observer/filing/0001437749-24-005997.json
- Plain text: https://secwatch.observer/filing/0001437749-24-005997.txt

## Key facts
- Earnings Releases
  Ideal Power Inc. reported financial results for the three months and full year ended December 31, 2023.
  - Period: the three months and full year ended December 31, 2023
  - Result: reported results
  source text: On February 29, 2024, Ideal Power Inc. (the "Company") issued a press release announcing its financial results for the three months and full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507957/000143774924005997/0001437749-24-005997-index.htm

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