US Market News
3 weeks ago
Ideal Power Announces Closing of $30.0 Million Registered Direct Offering of Common StockMay 18, 2026 4:05 PM
PR Newswire (US) AUSTIN, Texas, May 18, 2026 /PRNewswire/ --Β Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced the closing of its previously announced registered direct offering pursuant to a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 5,291,005 shares of common stock (or common stock equivalents) priced at the market under Nasdaq rules. The gross proceeds to the Company were approximately $30 million, before deducting offering expenses. The Company intends to use the net proceeds from the offering to advance commercialization of B-TRAN®, including customer design-ins, custom development programs, initial production ramp with strategic partners, and general corporate and working capital purposes.Titan Partners, a division of American Capital Partners, acted as the sole placement agent for the offering.The offering was made pursuant to a shelf registration statement on Form S-3 (No. 333-292492) (including a base prospectus) previously filed with the Securities and Exchange Commission ("SEC") on December 30, 2025, and declared effective by the SEC on January 9, 2026. The common stock (or common stock equivalents) was offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective Registration Statement. A prospectus supplement and accompanying prospectus relating to, and describing the terms of, the offering were filed with the SEC and are available for free on the SEC's website at www.sec.gov. Electronic copies of the prospectus supplement and accompanying prospectus may also be obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.About Ideal Power Inc.Ideal Power (Nasdaq: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.Safe Harbor StatementAll statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the financing and the intended use of proceeds. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations Contact: Jeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917 View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-announces-closing-of-30-0-million-registered-direct-offering-of-common-stock-302775165.htmlSOURCE IDEAL POWER INC. Original: Ideal Power Announces Closing of $30.0 Million Registered Direct Offering of Common Stock
US Market News
4 weeks ago
Ideal Power Announces $30.0 Million Registered Direct Offering of Common StockMay 14, 2026 11:40 PM
PR Newswire (US) AUSTIN, Texas, May 14, 2026 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced that it has entered into a definitive agreements with certain institutional investors for the purchase and sale of an aggregate of 5,291,005 shares of common stock (or common stock equivalents) priced at the market under Nasdaq rules. The offering is expected to result in gross proceeds of approximately $30 million, before deducting offering expenses. The closing of the offering is expected to occur on or about May 18, 2026, subject to the satisfaction of customary closing conditions.The Company intends to use the net proceeds from these financings to advance commercialization of B-TRAN®, including customer design-ins, custom development programs, initial production ramp with strategic partners, and general corporate and working capital purposes."This financing strengthens our balance sheet at a pivotal moment for Ideal Power," said David Somo, President and Chief Executive Officer of Ideal Power. "With the accelerating demand for data centers and power, hyperscalers have focused on more efficient power architectures. This financing allows us to be well-positioned to ramp the commercialization of our B-TRAN® technology, advance customer engagements, and capitalize on the significant opportunities emerging across industrial markets."Titan Partners, a division of American Capital Partners, is acting as the sole placement agent for the financing.The offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-292492) (including a base prospectus) previously filed with the U.S. Securities and Exchange Commission (the "SEC") on December 30, 2025, and declared effective on January 9, 2026. The common stock (or common stock equivalents) is being offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective Registration Statement. A prospectus supplement and accompanying prospectus relating to, and describing the terms of, the offering will be filed with the SEC and will be available for free on the SEC's website at www.sec.gov. Electronic copies of the prospectus supplement and accompanying prospectus may also be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.About Ideal Power Inc.Ideal Power (Nasdaq: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.Safe Harbor StatementAll statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the timing and completion of the registered direct offering, the satisfaction of customary closing conditions related to the registered direct offering, and the intended use of proceeds therefrom. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations Contact:Β Jeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917 View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-announces-30-0-million-registered-direct-offering-of-common-stock-302773208.htmlSOURCE IDEAL POWER INC. Original: Ideal Power Announces $30.0 Million Registered Direct Offering of Common Stock
US Market News
4 weeks ago
Ideal Power Reports First Quarter 2026 Financial ResultsMay 14, 2026 9:20 AM
PR Newswire (US) AUSTIN, Texas, May 14, 2026 /PRNewswire/ -- Ideal Power Inc.Β (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch, reports results for its first quarter ended March 31, 2026."We had a strong start to the year as we initiated two additional projects with our lead Asia customer, signed a letter of intent with an industry partner to co-develop a B-TRAN®-enabled prototype for evaluation by a U.S. hyperscaler supporting the new NVIDIA Rubin Ultra 800V DC AI data center power distribution architecture, advanced Stellantis deliverables on schedule, and engaged on new opportunities with several multinational customers," said David Somo, President and Chief Executive Officer of Ideal Power. "The industry's transition toward next generation, high-voltage DC power architectures is real and in its early stages, creating what we believe will be a significant demand for advanced solid-state power solutions, and B-TRAN® is uniquely positioned to address these emerging opportunities. Our focus remains on converting our expanding sales funnel into production orders, revenue growth and long-term shareholder value creation."Key First Quarter and Recent HighlightsExecution of our B-TRAN® commercial strategy continues, including:Advanced our lead Asia customer project for low current solid-state circuit breaker ("SSCB") prototype units expected to be available for 800V AI data center and energy grid customers in Q4 2026. In addition, initiated two new projects with this customer: one project for a medium current SSCB designed for 800V AI DC data centers and energy storage applications, and the second project for a low current SSCB in smart industrial buildings.Delivered initial next generation B-TRAN® custom-packaged samples and development kits for evaluation to Stellantis for EV applications. We are on track to complete the deliverables under our existing purchase order by mid-2026.Signed a letter of intent with an industry partner to co-develop a B-TRAN®-enabled intelligent SSCB prototype for evaluation by a U.S. hyperscaler in its development environment for the NVIDIA Rubin Ultra 800V DC AI data center power distribution system, with prototype delivery targeted for the end of Q4 2026.Engaged two new Asia-based global suppliers of power solutions for the potential development of B-TRAN®-enabled SSCBs for use in solid-state transformers ("SSTs") targeting 800V DC AI data centers, energy storage systems, EV charging, and energy grid.Engaged several multinational customers for the potential development of B-TRAN®-based SSCBs across 800V AI data centers, industrial building applications, and the renewable energy grid.B-TRAN® Patent Estate: Currently at 103 issued B-TRAN® patents with 50 of those issued outside of the United States. Current geographic coverage includes North America, China, Taiwan, Japan, South Korea, India, and Europe.First Quarter 2026 Financial ResultsCash used in operating and investing activities in the first quarter of 2026 was $2.3 million compared to $2.1 million in the first quarter of 2025.Cash and cash equivalents totaled $16.4 million at March 31, 2026.No long-term debt was outstanding at March 31, 2026.Operating expenses in the first quarter of 2026 were $3.7 million compared to $2.8 million in the first quarter of 2025 driven primarily by higher stock-based compensation expense and personnel costs. Stock-based compensation expense increased in the first quarter of 2026 due to equity award modifications under the transition services agreement with our former CEO and inducement grants to our incoming CEO in the fourth quarter of 2025.Net loss in the first quarter of 2026 was $3.6 million compared to $2.7 million in the first quarter of 2025.Strategic PrioritiesThe Company has set the following strategic priorities:Continue adding new opportunities to the sales funnel.Drive initial revenue ramp by converting sales opportunities in the funnel to design-ins and custom development agreements.Secure production order(s) with our lead Asia customer for its first solid-state circuit breaker products and continue to expand solutions to address additional markets and applications.Complete remaining deliverables under the Stellantis purchase order and continue to advance opportunities for EV contactors and battery disconnect units with global automakers.Continue to explore strategic investment opportunities with global market leaders.Conference Call and Webcast: First Quarter 2026The Company will hold a conference call on Thursday, May 14, 2026 at 10:00 AM Eastern Time to discuss its results and host a question-and-answer session. Analysts and investors may pose questions for management during the live conference call.Interested persons may access the live conference call by dialing 888-506-0062 (U.S./Canada callers) or 973-528-0011 (international callers), using passcode 526807. It is recommended that participants call or log in 10 minutes ahead of the scheduled start time to ensure proper connection. An operator will register your name and organization. An audio replay will be available one hour after the live call until Midnight on May 28, 2026 by dialing 877-481-4010 using passcode 53961.The live webcast and interactive Q&A will be accessible on the Company's Investor Relations website under the Events tab HERE. The webcast will be archived on the Company's website for future viewing.About Ideal Power Inc.Ideal Power (Nasdaq: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure. For more information, visit the Company's website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.Safe Harbor StatementAll statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding current and future projects with our lead Asia customer, the letter of intent with an industry partner to co-develop a B-TRAN®-enabled SSCB prototype for a leading U.S. hyperscaler, B-TRAN® being uniquely positioned to address emerging opportunities in high-voltage DC power architectures, the potential development of B-TRAN®-enabled SSCBs and/or SSTs for use in various applications, the anticipated timing of deliverables under the purchase order from Stellantis, and our expected success in converting our expanding sales funnel into production orders, revenue growth and long-term shareholder value creation. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations ContactJeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917Β IDEAL POWER INC.Balance Sheets(unaudited)
March 31,
2026
December 31,
2025ASSETS
Current assets:
Cash and cash equivalents$16,410,749$6,129,049Accounts receivable, net
24,000
24,000Inventory
41,625
9,700Prepayments and other current assets
323,776
377,901Total current assets
16,800,150
6,540,650
Property and equipment, net
480,919
376,717Intangible assets, net
2,742,940
2,687,466Right of use asset
374,741
397,397Other assets
58,952
44,459Total assets$20,457,702$10,046,689
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable$757,554$408,398Accrued expensesΒ
643,421
471,329Current portion of lease liability
96,284
93,435Total current liabilities
1,497,259
973,162
Long-term lease liability
284,844
309,900Other long-term liabilities
868,049
886,538Total liabilities
2,650,152
2,169,600
Stockholders' equity:
Common stock
12,114
8,539Additional paid-in capital
139,485,834
125,927,443Treasury stockΒ
(13,210)
(13,210)Accumulated deficit
(121,677,188)
(118,045,683)Total stockholders' equity
17,807,550
7,877,089Β Total liabilities and stockholders' equity$20,457,702$10,046,689
Β IDEAL POWER INC.Statements of Operations(unaudited)
Quarter Ended March 31,
2026
2025
Commercial revenue$-$12,003Cost of commercial revenue
-
30,862Gross profit (loss)
-
(18,859)
Operating expenses:
Research and development
2,032,313
1,567,992General and administrative
1,220,011
899,821Sales and marketing
439,698
338,160Total operating expenses
3,692,022
2,805,973
Loss from operations
(3,692,022)
(2,824,832)
Interest income, net
60,517
121,808
Net loss$(3,631,505)$(2,703,024)
Net loss per share β basic and fully diluted$(0.33)$(0.30)
Weighted average number of shares
outstanding β basic and fully diluted
11,158,550
9,101,851
Β IDEAL POWER INC.Statements of Cash Flows(unaudited)
Quarter Ended March 31,
2026
2025Cash flows from operating activities:
Net Loss$(3,631,505)
(2,703,024)Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
94,211
90,476Amortization of right of use asset
22,656
20,876Write-off of property and equipment
79
1,201Stock-based compensation
991,440
384,595Decrease (increase) in operating assets:
Accounts receivable
-
(7,843)Inventory
(31,925)
7,069Prepaid expenses and other current assets
39,632
44,405Increase (decrease) in operating liabilities:
Accounts payable
349,156
51,590Accrued expenses and other liabilities
153,603
63,499Lease liability
(22,207)
(19,618)Net cash used in operating activities
(2,034,860)
(2,066,774)
Cash flows from investing activities:
Purchase of property and equipment
(142,092)
(11,324)Acquisition of intangible assets
(111,874)
(58,554)Net cash used in investing activities
(253,966)
(69,878)
Cash flows from financing activities:
Net proceeds from issuance of common stock and pre-funded warrants
12,574,677
-Payment of taxes related to restricted stock unit vesting
(4,151)
(9,346)Net cash provided by (used in) financing activities
12,570,526
(9,346)
Net Increase (decrease) in cash and cash equivalents
10,281,700
(2,145,998)Cash and cash equivalents at beginning of period
6,129,049
15,842,850Cash and cash equivalents at end of the period$16,410,749$13,696,852Β View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-reports-first-quarter-2026-financial-results-302771691.htmlSOURCE IDEAL POWER INC. Original: Ideal Power Reports First Quarter 2026 Financial Results
US Market News
3 months ago
Ideal Power Reports Fourth Quarter and Full Year 2025 Financial ResultsMarch 10, 2026 9:20 AM
PR Newswire (US)
AUSTIN, Texas, March 10, 2026 /PRNewswire/ --Β Ideal Power Inc.Β (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch, reports results for its fourth quarter and full year ended December 31, 2025."We're excited to have signed two new customer agreements for the development of B-TRAN®-enabled solutions addressing focus applications that span solid-state circuit protection for data centers, renewable energy and energy storage systems, grid, electric vehicles and charging infrastructure," said David Somo, President and Chief Executive Officer of Ideal Power. "We detailed the Company's strategy, commercial opportunities, priorities and expectations on our recent Business Update Webcast Call. It's a plan designed to accelerate commercialization and deliver increased value to our shareholders and our customers. Now that we have set out a clear path, our focus is on disciplined execution."Key Fourth Quarter and Recent HighlightsExecution to our B-TRAN® commercial roadmap continues, including:Appointed David Somo as Chief Executive Officer, President and board director. Mr. Somo has a proven track record of driving revenue growth with extensive experience in worldwide sales, marketing, business development, corporate strategy, M&A, and product development, with full business P&L responsibility.Announced multi-year strategic cooperation agreement with Lazzen for the design, development, and worldwide sales of B-TRAN®-enabled circuit protection solutions including solid-state circuit breakers (SSCBs), battery disconnect units, and electric vehicle (EV) contactors. Lazzen's first B-TRAN®-enabled SSCB is expected to target AI data center customers.Signed Letter of Intent with a power module maker in Asia to manufacture and offer B-TRAN®-based power modules for sale to their customers.Engaged with Stellantis on potential development program for EV contactors. Expect remaining deliverables under existing purchase order from Stellantis for custom development and packaged B-TRAN® devices targeting EV applications to be completed by mid-2026.B-TRAN® Patent Estate: Currently at 100 issued B-TRAN® patents with 48 of those issued outside of the United States and 78 pending B-TRAN® patents. Current geographic coverage includes North America, China, Taiwan, Japan, South Korea, India, and Europe.Financial HighlightsRaised $12.6 million in estimated net proceeds from a public offering and concurrent private placement closed on February 25, 2026. The financing was led by the Company's largest existing institutional shareholders, with participation from Ideal Power insiders, including our Chief Executive Officer, David Somo.Cash and cash equivalents totaled $6.1 million at December 31, 2025.Cash used in operating and investing activities in the fourth quarter of 2025 was $2.2 million compared to $2.6 million in the fourth quarter of 2024.Cash used in operating and investing activities in the full year 2025 was $9.6 million compared to $9.2 million in the full year 2024.No long-term debt was outstanding at December 31, 2025.Operating expenses in the fourth quarter of 2025 were $1.9 million compared to $2.8 million in the fourth quarter of 2024 driven primarily by lower stock-based compensation expense and personnel costs.Operating expenses in the full year 2025 were $10.9 million compared to $11.1 million in the full year 2024 driven primarily by lower stock-based compensation expense, largely offset by higher semiconductor foundry costs.Net loss in the fourth quarter of 2025 was $1.9 million compared to $2.6 million in the fourth quarter of 2024. Net loss in the full year 2025 was $10.6 million compared to $10.4 million in the full year 2024.Strategic PrioritiesThe Company has set the following strategic priorities:Continue adding new opportunities to the sales funnel.Drive initial revenue ramp by converting sales opportunities in the funnel to design-ins and custom development agreements.Secure production order(s) with Lazzen for first solid-state circuit breaker products and expand solutions to address additional markets and applications.Complete remaining deliverables under Stellantis purchase order and continue to advance opportunities for EV contactors and battery disconnect units with global automakers.Continue to explore strategic investment opportunities with global market leaders.Conference Call and Webcast: Fourth Quarter and Full Year 2025The Company will hold a conference call on Tuesday, March 10, 2026 at 10:00 AM Eastern Time to discuss its results and host a question-and-answer session. Analysts and investors may pose questions for management during the live conference call.Interested persons may access the live conference call by dialing 877-545-0523 (U.S./Canada callers) or 973-528-0016 (international callers), using passcode 969034. It is recommended that participants call or log in 10 minutes ahead of the scheduled start time to ensure proper connection. An operator will register your name and organization. An audio replay will be available one hour after the live call until Midnight on March 24, 2026 by dialing 877-481-4010 using passcode 53712.The live webcast and interactive Q&A will be accessible on the Company's Investor Relations website under the Events tab HERE. The webcast will be archived on the Company's website for future viewing.Ideal Power Business Update: Recent Conference Call and WebcastManagement hosted a Business Update Webcast Call on February 26, 2026 which detailed the Company's strategy, commercial opportunities, priorities and expectations. The webcast with interactive Q&A is available for viewing on the Company's Investor Relations website HERE.About Ideal Power Inc.Ideal Power (Nasdaq: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure. For more information, visit the Company's website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.Safe Harbor StatementAll statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the strategic cooperation agreement with the Lazzen for the design, development, and worldwide sales of B-TRAN®-enabled circuit protection solutions, the expectation that Lazzen's first SSCB product featuring B-TRAN® will target AI data center customers, the potential development program for EV contactors with Stellantis, and the anticipated timing of deliverables under the purchase order from Stellantis. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations ContactJeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917Β IDEAL POWER INC.
Balance Sheets
(unaudited)
December 31,
2025
December 31,
2024ASSETS
Current assets:
Cash and cash equivalents$6,129,049$15,842,850Accounts receivable, net
24,000
692Inventory
9,700
96,406Prepayments and other current assets
377,901
356,658Total current assets
6,540,650
16,296,606
Property and equipment, net
376,717
415,232Intangible assets, net
2,687,466
2,611,998Right of use asset
397,397
483,497Other assets
44,459
19,351Total assets$10,046,689$19,826,684
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable$408,398$104,117Accrued expensesΒ
471,329
374,012Current portion of lease liability
93,435
82,681Total current liabilities
973,162
560,810
Long-term lease liability
309,900
403,335Other long-term liabilities
886,538
1,007,375Total liabilities
2,169,600
1,971,520
Stockholders' equity:
Common stock
8,539
8,337Additional paid-in capital
125,927,443
125,327,300Treasury stockΒ
(13,210)
(13,210)Accumulated deficit
(118,045,683)
(107,467,263)Total stockholders' equity
7,877,089
17,855,164Total liabilities and stockholders' equity$10,046,689$19,826,684Β IDEAL POWER INC.
Statements of Operations
(unaudited)
Quarter Ended
Β December 31,
Year Ended
Β December 31,
2025
2024
2025
2024
Revenue$-$5,408
$37,728$86,032Cost of revenue
-
5,926
60,408
93,409Gross loss
-
(518)
(22,680)
(7,377)
Operating expenses:
Research and development
786,038
1,593,515
6,047,211
6,207,218General and administrative
1,010,792
913,495
3,766,790
3,608,536Sales and marketing
150,717
251,052
1,096,508
1,248,044Total operating expenses
1,947,547
2,758,062
10,910,509
11,063,798
Loss from operations
(1,947,547)
(2,758,580)
(10,933,189)
(11,071,175)
Interest income, net
49,566
162,806
354,769
653,362
Net loss$(1,897,981)$(2,595,774)
$(10,578,420)$(10,417,813)
Net loss per share β basic and fully diluted$(0.21)$(0.29)
$(1.16)$(1.28)
Weighted average number of shares
outstanding β basic and fully diluted
9,169,248
9,043,901
9,135,261
8,165,485Β IDEAL POWER INC.
Statements of Cash Flows
(unaudited)
Year Ended December 31,
2025
2024Cash flows from operating activities:
Net Loss$(10,578,420)$(10,417,813)Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
371,419
341,045Amortization of right of use asset
86,100
75,476Write-off of inventory
35,987
-Write-off of capitalized patents
34,363
62,073Write-off of property and equipment
6,759
15,371Gain on lease termination
-
(15,319)Stock-based compensation
729,173
1,596,254Decrease (increase) in operating assets:
Accounts receivable
(23,308)
69,308Inventory
50,719
(14,956)Prepaid expenses and other current assets
(46,351)
119,915Increase (decrease) in operating liabilities:
Accounts payable
304,281
(300,981)Accrued expenses and other liabilities
(23,520)
(198,898)Lease liability
(82,681)
(74,055)Net cash used in operating activities
(9,135,479)
(8,742,580)
Cash flows from investing activities:
Purchase of property and equipment
(119,481)
(197,266)Acquisition of intangible assets
(330,013)
(309,162)Net cash used in investing activities
(449,494)
(506,428)
Cash flows from financing activities:
Net proceeds from issuance of common stock and pre-funded warrants
-
15,724,818Exercise of options and warrants
110
1,120,514Payment of taxes upon vesting of restricted stock units
(128,938)
(228,309)Net cash provided by (used in) financing activities
(128,828)
16,617,023
Net Increase (decrease) in cash and cash equivalents
(9,713,801)
7,368,015Cash and cash equivalents at beginning of year
15,842,850
8,474,835Cash and cash equivalents at end of year$6,129,049$15,842,850
View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-reports-fourth-quarter-and-full-year-2025-financial-results-302708751.htmlSOURCE IDEAL POWER INC.
Original: Ideal Power Reports Fourth Quarter and Full Year 2025 Financial Results
US Market News
3 months ago
Ideal Power Announces Closing of $14 Million Financing of Common StockFebruary 25, 2026 4:19 PM
PR Newswire (US)
The financing was led by the company's largest existing institutional shareholders, with participation from Ideal Power insiders, including its CEOAUSTIN, Texas, Feb. 25, 2026 /PRNewswire/ -- Ideal Power Inc. (Nasdaq:IPWR) ("Ideal Power," the "Company," "we," or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced it has closed its previously announced underwritten public offering of 4,458,736 shares of common stock (or pre-funded warrants in lieu thereof) and the concurrent private placement of pre-funded warrants to purchase up to 631,332 shares of common stock. Total gross proceeds from the financings are approximately $14.0 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company. The public offering included participation from existing institutional shareholders and Company insiders, including our Chief Executive Officer.The Company intends to use the net proceeds from these financings to advance commercialization of B-TRAN®, including customer design-ins, custom development programs, and initial production ramp with strategic partners, and for general corporate and working capital purposes.Titan Partners, a division of American Capital Partners, acted as the sole bookrunner for the financing. WestPark Capital, Inc. served as a financial advisor to the Company.The public offering was made pursuant to an effective shelf registration statement on Form S-3 (No. 333-292492) (including a base prospectus) previously filed with the U.S. Securities and Exchange Commission (the "SEC") on December 30, 2025, and declared effective on January 9, 2026. The public offering was made only by means of a preliminary prospectus supplement and a final prospectus supplement and the accompanying base prospectus that form a part of the registration statement. These documents, including the preliminary prospectus supplement relating to the offering, are available for free on the SEC's website atΒ www.sec.gov. Copies of the final prospectus supplement and the accompanying base prospectus relating to the offering may be accessed for free on the SEC's website atΒ www.sec.govΒ or obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone atΒ (929) 833-1246Β or by email atΒ prospectus@titanpartnersgrp.com.The securities issued in the Private Placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The CompanyΒ has agreed to file a resale registration statement with the SEC for purposes of registering the resale of the shares of common stock underlying the pre-funded warrants issued in connection with the Private Placement.This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.About Ideal Power Inc.
Ideal Power (NASDAQ: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the financings and the intended use of proceeds. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the SEC. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligationΒ to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations Contact:Β Jeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917
View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-announces-closing-of-14-million-financing-of-common-stock-302697576.htmlSOURCE IDEAL POWER INC.
Original: Ideal Power Announces Closing of $14 Million Financing of Common Stock
US Market News
4 months ago
Ideal Power Announces Pricing of $14 Million Financing of Common StockFebruary 23, 2026 11:42 PM
PR Newswire (US)
The financing was led by the company's largest existing institutional shareholders, with participation from Ideal Power insiders, including its CEOAUSTIN, Texas, Feb. 23, 2026 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch , today announced the pricing of its underwritten public offering of 4,458,736 shares of common stock (or pre-funded warrants in lieu thereof) for gross proceeds of approximately $12.3 million (the "Public Offering"). Concurrent with the Public Offering, the Company also priced a private placement of pre-funded warrants to purchase up to 631,332 shares of common stock for gross proceeds of approximately $1.7 million (the "Private Placement"). Total gross proceeds from the financings are expected to be an aggregate of approximately $14.0 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company. The financings are expected to close on February 25, 2026, subject to customary closing conditions. The Public Offering includes participation from existing institutional shareholders and Company insiders, including our Chief Executive Officer.The Company intends to use the net proceeds from these financings to advance commercialization of B-TRAN®, including customer design-ins, custom development programs, and initial production ramp with strategic partners, and for general corporate and working capital purposes.Titan Partners, a division of American Capital Partners, is acting as the sole bookrunner for the financing.The Public Offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-292492) (including a base prospectus) previously filed with the U.S. Securities and Exchange Commission (the "SEC") on December 30, 2025, and declared effective on January 9, 2026. The Public Offering is being made only by means of a preliminary prospectus supplement and a final prospectus supplement and the accompanying base prospectus that form a part of the registration statement. Before investing, prospective investors should read the preliminary prospectus supplement, the accompanying base prospectus and the documents incorporated by reference therein for more complete information about the Company and the offering. These documents, including the preliminary prospectus supplement relating to the offering, are available for free on the SEC's website atΒ www.sec.gov. Copies of the final prospectus supplement, when available, and the accompanying base prospectus relating to the offering may be accessed for free on the SEC's website atΒ www.sec.govΒ or obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone atΒ (929) 833-1246Β or by email atΒ prospectus@titanpartnersgrp.com.The securities issued in the Private Placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The CompanyΒ has agreed to file a resale registration statement with the SEC for purposes of registering the resale of the shares of common stock underlying the pre-funded warrants issued in connection with the Private Placement.This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.About Ideal Power Inc.Ideal Power (NASDAQ: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.Safe Harbor StatementAll statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the financings and the intended use of proceeds. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the SEC. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligationΒ to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations Contact: Jeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917
View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-announces-pricing-of-14-million-financing-of-common-stock-302695319.htmlSOURCE IDEAL POWER INC.
Original: Ideal Power Announces Pricing of $14 Million Financing of Common Stock
US Market News
4 months ago
Ideal Power Announces Proposed Public Offering of Common StockFebruary 23, 2026 4:08 PM
PR Newswire (US)
AUSTIN, Texas, Feb. 23, 2026 /PRNewswire/ -- Ideal Power Inc.Β (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our") today announced that it has commenced an underwritten public offering for the sale of its common stock. In connection with the offering, Ideal Power expects to grant the underwriter a 30-day option to purchase additional common stock in an amount up to 15% of the shares of common stock offered in the offering, to cover over-allotments, if any. Ideal Power intends to use the net proceeds from this offering to advance commercialization of B-TRAN®, including customer design-ins, custom development programs, and initial production ramp with strategic partners, and general corporate and working capital purposes. The offering is subject to market conditions and other factors, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All shares of common stock to be sold in the proposed offering will be sold by Ideal Power.Titan Partners, a division of American Capital Partners, is acting as the sole bookrunner for the proposed offering.This offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-292492) (including a base prospectus) previously filed with the U.S. Securities and Exchange Commission (the "SEC") on December 30, 2025, and declared effective on January 9, 2026. The shares of common stock may be offered only by means of a prospectus supplement and the accompanying base prospectus that form a part of the registration statement. A preliminary prospectus supplement and the accompanying base prospectus relating to and describing the terms of the proposed offering have been filed with the SEC. Before investing, prospective investors should read the preliminary prospectus supplement, the accompanying base prospectus and the documents incorporated by reference therein for more complete information about the Company and the offering. These documents, including the preliminary prospectus supplement relating to the offering, are available for free on the SEC's website at www.sec.gov. Copies of the final prospectus supplement, when available, and the accompanying base prospectus relating to the offering may be accessed for free on the SEC's website at www.sec.gov or obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246Β or by email at prospectus@titanpartnersgrp.com.This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.About Ideal Power Inc.Ideal Power (NASDAQ: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure.ContactsFor investor inquiries:
Jeff Christensen
Darrow Associates Investor Relations
jchristensen @mmartati-6917Β Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the proposed public offering of common stock and expected use of proceeds. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the SEC. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligationΒ to, update or revise forward-looking statements, except as required by applicable law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ideal-power-announces-proposed-public-offering-of-common-stock-302694971.htmlSOURCE IDEAL POWER INC.
Original: Ideal Power Announces Proposed Public Offering of Common Stock