Ideal Power Inc
NASDAQ:IPWR
Income Statement
Earnings Waterfall
Ideal Power Inc
Revenue
|
198.9k
USD
|
Cost of Revenue
|
-160.6k
USD
|
Gross Profit
|
38.3k
USD
|
Operating Expenses
|
-10.4m
USD
|
Operating Income
|
-10.4m
USD
|
Other Expenses
|
398.1k
USD
|
Net Income
|
-10m
USD
|
Income Statement
Ideal Power Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2
N/A
|
2
-5%
|
2
-5%
|
2
-10%
|
2
+16%
|
3
+51%
|
3
+24%
|
4
+14%
|
4
+12%
|
4
-16%
|
3
-25%
|
2
-17%
|
2
-27%
|
1
-13%
|
1
-5%
|
1
N/A
|
1
-10%
|
1
-23%
|
1
-27%
|
1
-15%
|
0
N/A
|
0
N/A
|
0
N/A
|
(0)
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+1 500%
|
0
+169%
|
1
+56%
|
1
+10%
|
1
-4%
|
1
-18%
|
0
-21%
|
0
-7%
|
0
-26%
|
0
-38%
|
0
-60%
|
0
+113%
|
0
-5%
|
0
+23%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Gross Profit |
(0)
N/A
|
(1)
-13%
|
(1)
-4%
|
(1)
-21%
|
(0)
+38%
|
(0)
+73%
|
0
N/A
|
0
+189%
|
0
+50%
|
0
-49%
|
0
-60%
|
(0)
N/A
|
(0)
-15%
|
(1)
-145%
|
(1)
-70%
|
(1)
+26%
|
(1)
-7%
|
(1)
+43%
|
(0)
+86%
|
(0)
-300%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
-6%
|
0
+104%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(8)
|
(6)
|
(6)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
|
Selling, General & Administrative |
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
|
Research & Development |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
|
Operating Income |
(4)
N/A
|
(5)
-17%
|
(5)
-15%
|
(6)
-19%
|
(7)
-7%
|
(8)
-11%
|
(8)
-9%
|
(9)
-13%
|
(10)
-11%
|
(11)
-6%
|
(11)
-2%
|
(11)
N/A
|
(11)
+2%
|
(11)
-2%
|
(12)
-7%
|
(11)
+6%
|
(10)
+8%
|
(8)
+20%
|
(6)
+25%
|
(6)
0%
|
(4)
+32%
|
(4)
+6%
|
(4)
+5%
|
(2)
+40%
|
(3)
-36%
|
(3)
-8%
|
(3)
+3%
|
(4)
-14%
|
(4)
-9%
|
(4)
+0%
|
(4)
-11%
|
(4)
+1%
|
(5)
-9%
|
(6)
-18%
|
(6)
-9%
|
(7)
-8%
|
(7)
-8%
|
(8)
-10%
|
(9)
-9%
|
(10)
-12%
|
(10)
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(4)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(10)
N/A
|
(9)
+4%
|
(9)
+4%
|
(8)
+4%
|
(7)
+19%
|
(8)
-11%
|
(8)
-9%
|
(9)
-13%
|
(10)
-11%
|
(11)
-6%
|
(11)
-2%
|
(11)
N/A
|
(11)
+2%
|
(11)
-2%
|
(12)
-7%
|
(11)
+6%
|
(10)
+8%
|
(8)
+20%
|
(6)
+25%
|
(6)
0%
|
(4)
+32%
|
(4)
+7%
|
(4)
+5%
|
(2)
+40%
|
(3)
-37%
|
(3)
-7%
|
(3)
+2%
|
(7)
-128%
|
(8)
-5%
|
(8)
+0%
|
(8)
-5%
|
(4)
+45%
|
(5)
-6%
|
(6)
-21%
|
(6)
-9%
|
(7)
-7%
|
(7)
-7%
|
(8)
-9%
|
(8)
-8%
|
(9)
-12%
|
(10)
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(10)
|
(9)
|
(9)
|
(8)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(10)
|
(8)
|
(6)
|
(6)
|
(4)
|
(4)
|
(4)
|
(2)
|
(3)
|
(3)
|
(3)
|
(7)
|
(8)
|
(8)
|
(8)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
|
Net Income (Common) |
(10)
N/A
|
(9)
+4%
|
(9)
+4%
|
(8)
+4%
|
(7)
+19%
|
(8)
-11%
|
(8)
-9%
|
(9)
-13%
|
(10)
-11%
|
(11)
-6%
|
(11)
-2%
|
(11)
N/A
|
(11)
+2%
|
(11)
-2%
|
(12)
-7%
|
(11)
+6%
|
(10)
+8%
|
(9)
+10%
|
(8)
+16%
|
(8)
0%
|
(8)
+1%
|
(7)
+13%
|
(6)
+7%
|
(5)
+22%
|
(4)
+21%
|
(4)
+3%
|
(3)
+11%
|
(7)
-120%
|
(8)
-4%
|
(8)
+0%
|
(8)
-5%
|
(4)
+45%
|
(5)
-6%
|
(6)
-21%
|
(6)
-9%
|
(7)
-7%
|
(7)
-7%
|
(8)
-9%
|
(8)
-8%
|
(9)
-12%
|
(10)
-5%
|
|
EPS (Diluted) |
-47.7
N/A
|
-13.05
+73%
|
-12.54
+4%
|
-12.1
+4%
|
-9.85
+19%
|
-10.8
-10%
|
-10.28
+5%
|
-10
+3%
|
-12.29
-23%
|
-11.63
+5%
|
-11.82
-2%
|
-11.82
N/A
|
-11.55
+2%
|
-10.32
+11%
|
-8.56
+17%
|
-8.06
+6%
|
-7.89
+2%
|
-6.73
+15%
|
-5.67
+16%
|
-5.69
0%
|
-5.64
+1%
|
-4.81
+15%
|
-4.36
+9%
|
-3.38
+22%
|
-2.38
+30%
|
-1.81
+24%
|
-1.44
+20%
|
-1.95
-35%
|
-2.2
-13%
|
-1.45
+34%
|
-1.38
+5%
|
-0.73
+47%
|
-0.8
-10%
|
-0.94
-18%
|
-1.01
-7%
|
-1.09
-8%
|
-1.17
-7%
|
-1.27
-9%
|
-1.37
-8%
|
-1.53
-12%
|
-1.61
-5%
|