2.34
+13.59%
Close of 9 Nov 2026, in USD
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About Ideal Power
From its filings with the US Securities and Exchange Commission
Ideal Power is based in Austin, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker IPWR. The SEC classifies its business as semiconductors & related devices. In the fiscal year to 31 December 2025, it reported revenue of $37,728 and a net loss of $10.6m. At that date it held total assets of $10.0m and shareholders' equity of $7.9m.
We are solely focused on the further development and commercialization of our Bidirectional bipolar junction TRANsistor (“B-TRAN®”) solid-state switch technology.
To date, operations have been funded primarily through the sale of common stock and pre-funded warrants and we have generated $3.7 million in grant revenue for bidirectional power switch development. We may pursue additional research and development grants, if and when available, to further develop and/or improve our technology.
We are in the process of commercializing our B-TRAN® technology and have launched our first two commercial products, the discrete B-TRAN® and the SymCool® Power Module. We generated $37,728 and $86,032, respectively, in commercial revenue in the years ended December 31, 2025 and 2024.
Effective November 2, 2025, R. Daniel Brdar, the then President and Chief Executive Officer and member of the Board of Directors of the Company (the “Board”), retired from all positions with us. Effective November 3, 2025, the Board appointed David Somo as the President and Chief Executive Officer and as a member of the Board.
Quoted from its 10-K, filed 27 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 22 Nov 2013
- Employees
- 17
- Website
- idealpower.com ↗
- Head office
- 5508 HIGHWAY 290 WEST, AUSTIN, TX, 78735
- Incorporated in
- DE
- Classification
- Semiconductors & Related Devices
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Michael TurmelleIndependent Chairman of the Board$190,000
- Mr. R. Daniel BrdarPresident, Chief Executive Officer, Director, since 2014$1.2m
- Mr. Timothy BurnsChief Financial Officer, Treasurer, Secretary$669,293
- Mr. Drue FreemanIndependent Director$120,000
- Mr. Gregory KnightIndependent Director$120,000
- Mr. Ted LessterIndependent Director$120,000
- Mr. Jeff ChristensenInvestor Relations, since 2023
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ideal Power Inc has a strong team of experienced engineers and researchers who are dedicated to developing innovative energy storage and power conversion solutions. Their expertise and technical knowledge enable them to deliver cutting-edge products that meet the evolving needs of the industry.
- The company has a robust intellectual property portfolio, consisting of numerous patents and trade secrets. This provides Ideal Power with a competitive advantage and helps protect their innovations from being replicated by competitors.
- The rising demand for renewable energy sources, such as solar and wind power, presents a significant market opportunity for Ideal Power. Their power conversion systems are well-positioned to integrate with these renewable sources, facilitating efficient energy conversion and storage.
- Additionally, the increasing adoption of electric vehicles and the need for advanced energy storage solutions in various industries create a favorable market environment for Ideal Power to expand their customer base and generate sustainable revenue growth.
Weaknesses
- Ideal Power faces certain challenges related to their relatively small market share compared to established competitors. It may pose limitations in terms of brand recognition and customer trust, which could affect their ability to penetrate new markets and attract larger customers.
- Moreover, the high initial costs associated with installing power conversion systems can be a barrier for some potential customers, potentially limiting Ideal Power's adoption rate in certain regions or industries.
Opportunities
- Ideal Power can explore strategic partnerships and collaborations with other companies in the renewable energy sector. Such alliances can help broaden their product offerings, expand their geographic presence, and enhance their market reach.
- The growing emphasis on environmental sustainability and the shift towards clean energy sources provide Ideal Power with an opportunity to position themselves as a leading provider of energy-efficient and eco-friendly solutions, attracting environmentally conscious customers and gaining a competitive edge in the marketplace.
Threats
- The power electronics industry is characterized by rapid technological advancements and intense competition. Ideal Power faces the ongoing risk of new entrants with disruptive technologies that could challenge their market position and erode their market share.
- Additionally, fluctuations in government policies, subsidies, and regulations regarding renewable energy and energy storage systems can impact the demand for Ideal Power's products. Changes in these factors may create uncertainties and potential obstacles for the company's growth trajectory.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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