---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-008110"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:35:32.713737+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iPower Q1 revenue down 28% to $19M; net loss widens to $2M

## Summary
- Revenue $19.0M, down from $26.5M YoY; gross margin improved 30 bps to 44.7%.
- Net loss $2.0M ($0.06 loss per share) vs $1.3M loss ($0.04 loss) in prior year.
- Total debt reduced 45% to $3.5M; cash fell to $2.6M from $7.4M at June 30.
- Operating expenses down 14% to $11.2M; includes $1.8M inventory and credit loss reserves.
- Expanded sales channels (AliExpress, TikTok Shop, Temu) and launched SaaS platform for supply chain.

## SEC filing metadata
- accession: 0001683168-24-008110
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1830072/000168316824008110/0001683168-24-008110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316824008110/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-008110
- JSON: https://secwatch.observer/filing/0001683168-24-008110.json
- Plain text: https://secwatch.observer/filing/0001683168-24-008110.txt

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