secwatch / observer

Ideal Power Inc. — fact timeline

Source-grounded facts extracted from Ideal Power Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

IPWR Ideal Power Inc. JSON
Shareholder Votes

Ideal Power Inc. shareholders approved Approval of the Amended and Restated Ideal Power Inc. 2013 Equity Incentive Plan at the 2026-06-03 meeting.

“Proposal 4 — Approval of the Amended and Restated Ideal Power Inc. 2013 Equity Incentive Plan. For Against Abstain Broker Non-Votes 3,624,425 601,975 64,187 2,720,323”
Shareholder Votes

Ideal Power Inc. shareholders approved Non-binding, advisory approval of the compensation of the Company’s named executive officers at the 2026-06-03 meeting.

“Proposal 3 — Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Votes 3,588,466 625,041 77,080 2,720,323”
Shareholder Votes

Ideal Power Inc. shareholders approved Ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm at the 2026-06-03 meeting.

“Proposal 2 — Ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. For Against Abstain 6,988,321 14,395 8,194”
Shareholder Votes

Ideal Power Inc. shareholders approved Election of five directors to serve until the 2027 annual meeting at the 2026-06-03 meeting.

“Proposal 1 — Election of five directors to serve until the 2027 annual meeting of stockholders and until their respective successors are elected and qualified. Nominee: For Withheld Broker Non-Votes David Somo 4,273,623 16,964 2,720,323 Drue Freeman 4,139,174 151,413 2,720,323 Gregory Knight 4,251,652 38,935 2,720,323 Ted Lesster 4,239,049 51,538 2,720,323 Michael C. Turmelle 4,239,230 51,357 2,720,323”
Material Agreements

Ideal Power Inc. entered into Securities Purchase Agreement with certain investors valued at approximately $30.0 million (effective 2026-05-14).

“On May 14, 2026, Ideal Power Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Securities Purchase Agreement ”) with certain investors (the “ Investors ”), relating to the offering of 3,220,961 shares of the Company’s common stock, par value $0.001 per share (“ Common Stock ”), and pre-funded warrants (the “ Pre-Funded Warrants ”) to purchase up to 2,070,044 shares of Common Stock (the “ Offering ”).”
Earnings Releases

Ideal Power Inc. reported first quarter ended March 31, 2026 results: net income Net loss in the first quarter of 2026 was $3.6 million.

“Ideal Power Reports First Quarter 2026 Financial Results”
Earnings Releases

Ideal Power Inc. reported the year ended December 31, 2025 results: net income $10.6 million.

“Net loss in the full year 2025 was $10.6 million compared to $10.4 million in the full year 2024.”
Earnings Releases

Ideal Power Inc. reported the fourth quarter ended December 31, 2025 results: net income $1.9 million.

“Net loss in the fourth quarter of 2025 was $1.9 million compared to $2.6 million in the fourth quarter of 2024.”
Equity Issuances

Ideal Power Inc. issued Pre-Funded Warrants to purchase 631,332 shares of Common Stock of warrant to certain investors for gross proceeds of approximately $1.7 million.

“of the Securities Act and Rule 506 of Regulation D promulgated thereunder. The gross proceeds to the Company from the Concurrent Placement are expected to be approximately $1.7 million. The Offering and the Concurrent Placement closed on February 25, 2026. The foregoing descriptions of the Underwriting Agreement, the Pre-Funded Warrants and the Securities”
Material Agreements

Ideal Power Inc. entered into Securities Purchase Agreement with certain investors valued at approximately $1.7 million (effective 2026-02-23).

“On February 23, 2026, the Company entered into a securities purchase agreement (the “ Securities Purchase Agreement ”) with certain investors (the “ Investors ”), pursuant to which the Company agreed to issue and sell to the Investors Pre-Funded Warrants to purchase 631,332 shares of Common Stock at an exercise price of $0.001 per share in a concurrent private placement (the “ Concurrent Placement ”).”
Material Agreements

Ideal Power Inc. entered into Underwriting Agreement with Titan Partners Group LLC, a division of American Capital Partners, LLC, as representative of the underwriters named therein valued at approximately $12.3 million (effective 2026-02-23).

“On February 23, 2026, Ideal Power Inc. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with Titan Partners Group LLC, a division of American Capital Partners, LLC, as representative of the underwriters named therein (the “ Underwriter ”), relating to the underwritten public offering of 3,505,855 shares of the Company’s common stock, par value $0.001 per share (“ Common Stock ”), and pre-funded warrants (the “ Pre-Funded Warrants ”) to purchase up to 952,881 shares of Common Stock (the “ Offering ”).”
Earnings Releases

Ideal Power Inc. reported first quarter ended March 31, 2024 results: net income Net loss in the first quarter of 2024 was $2.5 million compared to $2.5 million in the first quarter of 2023..

“Commercial revenue increased to $78,739 in the first quarter of 2024 from $0 in the first quarter of 2023.”
Material Agreements

Ideal Power Inc. entered into Underwriting Agreement with Titan Partners Group LLC, a division of American Capital Partners valued at approximately $13.6 million (effective 2024-03-25).

“On March 25, 2024, Ideal Power Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Titan Partners Group LLC, a division of American Capital Partners, as representative of the underwriters named therein (the “Underwriter”), relating to the underwritten public offering of 1,366,668 shares of the Company’s common stock”
Earnings Releases

Ideal Power Inc. reported financial results for the three months and full year ended December 31, 2023.

“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.”
Earnings Releases

Ideal Power Inc. reported financial results for third quarter ended September 30, 2023.

“On November 14, 2023, Ideal Power Inc. (the “Company”) issued a press release announcing its financial results for its third quarter ended September 30, 2023.”
Earnings Releases

Ideal Power Inc. reported financial results for second quarter ended June 30, 2023.

“On August 10, 2023, Ideal Power Inc. (the "Company") issued a press release announcing its financial results for its second quarter ended June 30, 2023.”
Shareholder Votes

Ideal Power Inc. shareholders approved Approval of the Amended & Restated Ideal Power Inc. 2013 Equity Incentive Plan. at the 2023-06-15 meeting.

“Proposal 4 — Approval of the Amended & Restated Ideal Power Inc. 2013 Equity Incentive Plan.”
Shareholder Votes

Ideal Power Inc. shareholders approved Approval, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. at the 2023-06-15 meeting.

“Proposal 3 — Approval, on a non-binding, advisory basis, the compensation of the Company’s named executive officers.”
Shareholder Votes

Ideal Power Inc. shareholders approved Ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-15 meeting.

“Proposal 2 — Ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Shareholder Votes

Ideal Power Inc. shareholders approved Election of five directors to serve until the 2024 annual meeting of stockholders and until their respective successors are elected and qualified. at the 2023-06-15 meeting.

“Proposal 1 — Election of five directors to serve until the 2024 annual meeting of stockholders and until their respective successors are elected and qualified.”
Earnings Releases

Ideal Power Inc. reported first quarter ended March 31, 2023 results: revenue $664, net income $2.5 million.

“B-TRANTM patents. Current geographic coverage includes North America, China, Japan, South Korea, India and Europe. First Quarter 2023 Financial Results · Grant revenue was $664 in the first quarter of 2023 compared to $125,008 in the first quarter of 2022. · Operating expenses in the first quarter of 2023 were $2.6 million compared to $1.9 million in the”
Earnings Releases

Ideal Power Inc. reported fourth quarter and full year ended December 31, 2022 results: net income Net loss in the fourth quarter of 2022 was $1.9 million compared to $1.4 million in the fourth quarter of 2021. Net loss.

“On March 2, 2023, Ideal Power Inc. (the "Company") issued a press release announcing its financial results for the three months and full year ended December 31, 2022.”
Earnings Releases

Ideal Power Inc. reported for the three months ended September 30, 2022 results: revenue $10,675, net income $1.7 million.

“in a common module. Current geographic coverage includes North America, China, Japan, South Korea, India and Europe. Third Quarter 2022 Financial Results · Grant revenue was $10,675 in the third quarter of 2022 compared to $121,028 in the third quarter of 2021. · Operating expenses in the third quarter of 2022 were $1.8 million compared to $1.2 million in the”

Greg Knight was appointed as Director at Ideal Power Inc..

“On March 10, 2022, the Board of Directors (the “Board”) of Ideal Power Inc. (the “Company”) appointed Drue Freeman and Greg Knight to the Board, effective April 4, 2022.”

Drue Freeman was appointed as Director at Ideal Power Inc..

“On March 10, 2022, the Board of Directors (the “Board”) of Ideal Power Inc. (the “Company”) appointed Drue Freeman and Greg Knight to the Board, effective April 4, 2022.”

David B. Eisenhaure departed as Chairman of the Board of Directors at Ideal Power Inc..

“On October 21, 2021, Ideal Power Inc. (“Ideal Power”) announced that David B. Eisenhaure, Chairman of the Board of Directors, passed away unexpectedly.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.