Ideal Power Q2 net loss $3.0M, cash $11.1M; Stellantis order, 5th auto supplier

Ideal Power Inc.

Net loss $3.0M in Q2 2025 vs $2.7M in Q2 2024; operating expenses $3.1M.
Cash and equivalents $11.1M at June 30, 2025; no long-term debt.
Stellantis internally approved purchase order for custom B-TRAN devices for multiple EV apps.
Collaborating with 4th and 5th global Tier 1 auto suppliers; shipped SSCB reference designs.
First design win customer nearing SSCB prototype completion; product launch expected later in 2025.

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