Ideal Power Inc. (IPWR) quarterly balance sheet — complete assets, liabilities & equity history
Ideal Power Inc. (IPWR) balance sheet — 15-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 41.6M | 16.8M | 6.54M | 8.67M | 11.42M | 14.11M | 16.3M | 19.02M | 20.46M | 20.76M | 9.11M | 11.24M | 13.43M | 15.02M | 16.9M | 18.95M | 20.43M | 22.11M | 23.45M | 24.85M |
| Cash & Short-Term Investments | 41.29M | 16.41M | 6.13M | 8.39M | 11.11M | 13.7M | 15.84M | 18.66M | 20.06M | 20.24M | 8.47M | 10.76M | 12.68M | 14.52M | 16.35M | 18.45M | 20.02M | 21.73M | 23.17M | 24.49M |
| Cash Only | 41.29M | 16.41M | 6.13M | 8.39M | 11.11M | 13.7M | 15.84M | 18.66M | 20.06M | 20.24M | 8.47M | 10.76M | 12.68M | 14.52M | 16.35M | 18.45M | 20.02M | 21.73M | 23.17M | 24.49M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 29.8K | 24K | 24K | 31.5K | 8.18K | 8.54K | 692 | 1.33K | 1.33K | 140K | 70K | 100K | 203.32K | 66.6K | 65.94K | 49.33K | 147.16K | 262.14K | 233.26K | 262.53K |
| Days Sales Outstanding | 422.05 | - | - | 74.64 | 596.32 | 34.59 | 17.16 | 220.62 | 4.83K | 121.35 | 127.19 | 8.96K | 90.86 | 8.98K | 319.25 | 846.7 | 365.32 | 178.33 | 177.34 | 150.09 |
| Inventory | 62.42K | 41.63K | 9.7K | 65.09K | 77.39K | 89.34K | 96.41K | 60.13K | 79.66K | 109.36K | 81.45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 1.18K | 19.76 | 29.33 | 251.4 | 2.18K | 270.83 | 1.22K | 4.26K | 492.19 | 126.75 | 161.41 | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 323.78K | 57.26K | 184.23K | 0 | 313.03K | 77.81K | 303.92K | 317.19K | 0 | 131.97K | 0 | 0 | 0 | 109.69K | 0 | 0 | 0 | 17.22K | 0 |
| Total Non-Current Assets | 3.45M | 3.66M | 3.51M | 3.55M | 3.52M | 3.49M | 3.53M | 3.58M | 2.96M | 3.13M | 3.14M | 3.12M | 3.05M | 2.5M | 2.5M | 2.46M | 2.38M | 2.4M | 2.43M | 2.43M |
| Property, Plant & Equipment | 798.8K | 855.66K | 774.11K | 828.26K | 823.78K | 852.2K | 898.73K | 951.15K | 351.53K | 520.61K | 545.79K | 545.84K | 499.24K | 463.67K | 448.82K | 414.86K | 331.65K | 352.7K | 363.33K | 383.97K |
| Fixed Asset Turnover | 0.01x | - | - | 0.03x | 0.00x | 0.01x | 0.01x | 0.00x | 0.00x | 0.15x | 0.11x | 0.00x | 0.28x | 0.00x | 0.04x | 0.03x | 0.15x | 0.35x | 0.34x | 0.31x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.57M | 2.74M | 2.69M | 2.68M | 2.68M | 2.62M | 2.61M | 2.61M | 2.59M | 2.6M | 2.58M | 2.56M | 2.54M | 2.02M | 2.04M | 2.03M | 2.04M | 2.04M | 2.06M | 2.04M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 82.43K | 58.95K | 44.46K | 44.46K | 17.79K | 18.57K | 19.35K | 20.13K | 18.73K | 12.76K | 13.03K | 13.31K | 11.19K | 11.19K | 11.19K | 11.19K | 11.19K | 11.19K | 11.19K | 11.19K |
| Total Assets | 45.05M | 20.46M | 10.05M | 12.23M | 14.95M | 17.59M | 19.83M | 22.6M | 23.42M | 23.89M | 12.25M | 14.36M | 16.48M | 17.52M | 19.4M | 21.41M | 22.81M | 24.51M | 25.88M | 27.28M |
| Asset Turnover | 0.00x | - | - | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Asset Growth % | 201.36% | 16.27% | -49.33% | -45.91% | -36.17% | -26.36% | 61.88% | 57.4% | 42.14% | 36.36% | -36.86% | -32.92% | -27.76% | -28.51% | -25.03% | -21.54% | -19.79% | -15.97% | 404.22% | 379.7% |
| Total Current Liabilities | 1.49M | 1.5M | 973.16K | 888.52K | 904.27K | 696.2K | 560.81K | 906.64K | 879.82K | 958.69K | 930.89K | 823.74K | 794.25K | 501.31K | 449.32K | 656.52K | 578.48K | 756.08K | 542.87K | 740.53K |
| Accounts Payable | 437.1K | 757.55K | 408.4K | 229.2K | 152.72K | 155.71K | 104.12K | 76.05K | 230.63K | 382.01K | 405.1K | 63.95K | 112.01K | 68.81K | 130.5K | 19.84K | 17.76K | 380.03K | 130.5K | 57.35K |
| Days Payables Outstanding | 13.56K | 448.95 | 250.08 | 673.91 | 4.04K | 378.85 | 1.4K | 9.34K | 1.6K | 522.84 | 464.76 | 2.9K | 74.3 | 13.51K | 416.42 | 162.05 | 355.05 | 183.78 | 67.19 | 82.27 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 181.99K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 269.62K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 147.76K | 0 |
| Current Ratio | 27.86x | 11.22x | 6.72x | 9.76x | 12.63x | 20.26x | 29.06x | 20.98x | 23.26x | 21.65x | 9.79x | 13.65x | 16.91x | 29.97x | 37.62x | 28.86x | 35.32x | 29.24x | 43.19x | 33.56x |
| Quick Ratio | 27.82x | 11.19x | 6.71x | 9.69x | 12.55x | 20.14x | 28.89x | 20.91x | 23.17x | 21.54x | 9.70x | 13.65x | 16.91x | 29.97x | 37.62x | 28.86x | 35.32x | 29.24x | 43.19x | 33.56x |
| Cash Conversion Cycle | -11.96K | - | - | -347.86 | -1.26K | -73.43 | -166.29 | -4.86K | 3.73K | -274.74 | -176.16 | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.08M | 1.15M | 1.2M | 1.26M | 1.31M | 1.37M | 1.41M | 1.47M | 1.07M | 1.22M | 1.26M | 1.32M | 1.35M | 1.03M | 1.04M | 1.1M | 1.11M | 1.17M | 1.18M | 1.24M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 259.25K | 284.84K | 309.9K | 334.43K | 358.45K | 381.13K | 403.33K | 425.08K | 0 | 113.74K | 132.3K | 150.59K | 168.6K | 186.01K | 202.99K | 219.72K | 236.19K | 252.09K | 267.58K | 282.85K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 824.56K | 868.05K | 886.54K | 929.25K | 946.96K | 989.67K | 1.01M | 1.05M | 1.07M | 1.11M | 1.13M | 1.17M | 1.18M | 843.36K | 838.46K | 883.12K | 877.78K | 922.44K | 917.1K | 959.41K |
| Total Liabilities | 2.58M | 2.65M | 2.17M | 2.15M | 2.21M | 2.07M | 1.97M | 2.38M | 1.95M | 2.18M | 2.19M | 2.14M | 2.14M | 1.53M | 1.49M | 1.76M | 1.69M | 1.93M | 1.73M | 1.98M |
| Total Debt | 358.45K | 381.13K | 403.33K | 425.08K | 446.36K | 466.4K | 486.02K | 505.22K | 0 | 186.01K | 202.99K | 219.72K | 236.19K | 252.09K | 267.58K | 282.85K | 297.88K | 312.36K | 326.45K | 340.33K |
| Net Debt | -40.94M | -16.03M | -5.73M | -7.97M | -10.66M | -13.23M | -15.36M | -18.15M | -20.06M | -20.05M | -8.27M | -10.54M | -12.45M | -14.27M | -16.08M | -18.17M | -19.72M | -21.41M | -22.84M | -24.15M |
| Debt / Equity | 0.01x | 0.02x | 0.05x | 0.04x | 0.04x | 0.03x | 0.03x | 0.02x | - | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -511.55x | -242.82x | -246.14x |
| Total Equity | 42.47M | 17.81M | 7.88M | 10.07M | 12.74M | 15.53M | 17.86M | 20.22M | 21.47M | 21.71M | 10.06M | 12.22M | 14.33M | 15.99M | 17.91M | 19.65M | 21.12M | 22.58M | 24.15M | 25.3M |
| Equity Growth % | 233.41% | 14.68% | -55.88% | -50.18% | -40.68% | -28.48% | 77.49% | 65.48% | 49.81% | 35.77% | -43.83% | -37.81% | -32.12% | -29.17% | -25.84% | -22.35% | -20.15% | -18.02% | 530.68% | 473.94% |
| Book Value per Share | 2.51 | 1.60 | 0.86 | 1.10 | 1.40 | 1.71 | 1.97 | 2.31 | 2.52 | 3.44 | 1.62 | 1.97 | 2.32 | 2.59 | 2.91 | 3.19 | 3.43 | 3.67 | 3.93 | 4.13 |
| Total Shareholders' Equity | 42.47M | 17.81M | 7.88M | 10.07M | 12.74M | 15.53M | 17.86M | 20.22M | 21.47M | 21.71M | 10.06M | 12.22M | 14.33M | 15.99M | 17.91M | 19.65M | 21.12M | 22.58M | 24.15M | 25.3M |
| Common Stock | 16.42K | 12.11K | 8.54K | 8.51K | 8.5K | 8.35K | 8.34K | 8.14K | 7.7K | 7.38K | 6K | 5.95K | 5.94K | 5.93K | 5.93K | 5.91K | 5.91K | 5.91K | 5.89K | 5.87K |
| Retained Earnings | -125.09M | -121.68M | -118.05M | -116.15M | -113.21M | -110.17M | -107.47M | -104.87M | -102.18M | -99.52M | -97.05M | -94.64M | -91.9M | -89.62M | -87.1M | -85.2M | -83.5M | -81.81M | -79.91M | -78.49M |
| Treasury Stock | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K | -13.21K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |