Ideal Power Inc. focuses on the development and commercialization of its B-TRAN technology. It develops Bi-directional bi-polar junction TRANsistor solid state switch technology. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. Ideal Power Inc. was incorporated in 2007 and is headquartered in Austin, Texas.
According to Ideal Power Inc.'s latest financial reports the company's current revenue (TTM) is $198.87 K. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2023 | $198.87 K | $38.26 K | $-10,080,342 | $-9,954,020 | $-9,954,020 |
2022 | $203.27 K | $ | $-7,155,882 | $-7,189,350 | $-6,882,132 |
2021 | $576.4 K | $ | $-4,691,411 | $-4,770,269 | $-4,782,970 |
2020 | $428.13 K | $ | $-7,666,696 | $-7,793,897 | $-7,798,946 |
2019 | $ | $-110,463 | $-3,004,800 | $-3,119,530 | $-3,931,929 |
2018 | $ | $-137,509 | $-4,134,094 | $-4,271,603 | $-7,904,989 |
2017 | $1.21 M | $-1,029,412 | $-4,055,299 | $-10,335,098 | $-10,335,098 |
2016 | $1.63 M | $-310,972 | $-10,574,452 | $-10,981,091 | $-10,981,091 |
2015 | $4.26 M | $387.24 K | $-10,239,263 | $-10,440,643 | $-10,440,643 |
2014 | $1.79 M | $-476,756 | $-6,860,141 | $-6,900,219 | $-6,900,219 |
2013 | $1.89 M | $-254,549 | $-4,033,464 | $-9,551,698 | $-9,551,698 |
2012 | $1.13 M | $169.27 K | $-2,986,168 | $-4,647,219 | $-4,647,219 |
2011 | $860.77 K | $103.38 K | $-1,471,823 | $-1,750,939 | $-1,750,939 |