Ideal Power Q3 net loss $2.9M; secures Stellantis purchase order for EV B-TRAN devices

Ideal Power Inc.

Net loss $2.9M in Q3 2025 vs $2.7M in Q3 2024; cash used $2.7M, cash balance $8.4M, no debt.
Secured purchase order from Stellantis for custom B-TRAN devices targeting EV applications; first of five deliverables completed.
First design win customer completed SSCB prototype testing; working on final product design for AI data centers.
Increased discrete B-TRAN power rating by 50%; sampling underway. Patent estate at 97 issued, 73 pending.
Engaged with sixth global automaker; third-party reliability testing ongoing with no failures to date.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.