Ideal Power Q2 2026 net loss $3.4M; cash $41.3M after $27.7M offering

Ideal Power Inc.

Net loss $3.4M in Q2 2026 vs $3.0M in Q2 2025; H1 2026 loss $7.0M vs $5.7M.
Cash and equivalents $41.3M at June 30, 2026; raised $27.7M net in registered direct offering.
Operating expenses $3.6M in Q2 2026 vs $3.1M, driven by stock comp, personnel, patent impairment.
Long-term supply agreement with high-volume Asia wafer foundry; functional B-TRAN first silicon achieved.
Advancing SSCB projects: Asia customer prototypes shipping this month; Stellantis second shipment delivered.

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