Drue Freeman
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.
Highest-materiality recent filing
Ideal Power Q2 2026 net loss $3.4M; cash $41.3M after $27.7M offering
Net loss $3.4M in Q2 2026 vs $3.0M in Q2 2025; H1 2026 loss $7.0M vs $5.7M.
Ideal Power raises $30M in registered direct offering of common stock and pre-funded warrants
Gross proceeds ~$30M from sale of 5.29M shares (common stock or equivalents) to institutional investors.
Ideal Power Q1 net loss widens to $3.6M; advances B-TRAN projects with Asia customer and Stellantis
Net loss for Q1 2026 was $3.6M vs $2.7M in Q1 2025; operating expenses rose to $3.7M on higher stock-based comp.
Ideal Power closes $14M financing of common stock and pre-funded warrants
Gross proceeds of $14M: $12.3M from public offering of 4.46M shares/warrants, $1.7M from private placement of 631k pre-funded warrants.
Ideal Power Q3 net loss $2.9M; secures Stellantis purchase order for EV B-TRAN devices
Net loss $2.9M in Q3 2025 vs $2.7M in Q3 2024; cash used $2.7M, cash balance $8.4M, no debt.
Ideal Power appoints David Somo as President and CEO, succeeding Dan Brdar
Dan Brdar retired as President, CEO, and director effective Nov 2, 2025; transition services agreement for 12 months.
Ideal Power Q2 net loss $3.0M, cash $11.1M; Stellantis order, 5th auto supplier
Net loss $3.0M in Q2 2025 vs $2.7M in Q2 2024; operating expenses $3.1M.
Ideal Power Q1 net loss $2.7M, cash $13.7M; secures B-TRAN order from Forbes Global 500 firm
Net loss $2.7M vs $2.5M in Q1 2024; cash used in operations $2.1M.
Ideal Power reports Q4 net loss $2.6M; first SSCB design win targets H2 2025 revenue
First design win for solid-state circuit breakers with large Asian OEM; revenue opportunity several hundred thousand $ in first year, >$1M in second year.
Ideal Power Q1 2024: first commercial revenue of $78,739; net loss $2.5M; SymCool shipments begin
Commercial revenue $78,739 vs $0 in Q1 2023; net loss $2.5M flat YoY.
Ideal Power closes $15M public offering of 2M shares/pre-funded warrants at $7.50
Net proceeds ~$13.6M after underwriting discounts and commissions; offering closed March 28, 2024.
Ideal Power reports Q4 commercial revenue of $61K; net loss $2.4M; Stellantis Phase II completed
Q4 2023 commercial revenue $61,483 vs $0 YoY; full-year commercial revenue $161,483 vs $0.
Ideal Power Q3 net loss $2.7M, advances B-TRAN program with automaker Phase II
Net loss of $2.7M in Q3 2023 vs $1.7M in Q3 2022; operating expenses rose to $2.8M from $1.8M.
Ideal Power Q2 net loss $2.3M; achieves B-TRAN production milestone with high-volume fab
Net loss of $2.3M vs $1.7M in Q2 2022; operating expenses $2.4M up from $1.7M.
Ideal Power Q1 net loss widens to $2.5M; launches SymCool Power Module
Net loss of $2.5M vs $1.9M in Q1 2022; operating expenses $2.6M.
Ideal Power reports Q4 net loss $1.4M, cash $23.2M; adds test program participants
Net loss Q4 2021 $1.4M vs $1.1M in Q4 2020; full year 2021 net loss $4.8M vs $7.8M in 2020.
Ideal Power appoints Drue Freeman and Greg Knight to board, expanding to five members
Board expands from three to five members, with four independent directors, effective April 4, 2022.
Passing of director David B. Eisenhaure left Audit Committee with only two independent directors, violating Nasdaq Listing Rule 5605(c)(2)(A).
Ideal Power announces passing of Chairman David B. Eisenhaure
David B. Eisenhaure, Chairman of the Board, passed away unexpectedly on October 21, 2021.
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.
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.
On October 21, 2021, Ideal Power Inc. (“Ideal Power”) announced that David B. Eisenhaure, Chairman of the Board of Directors, passed away unexpectedly.
Max materiality 0.75 · Median 0.60 · Most common event earnings