Core Insights - Ideal Power Inc. has announced a partnership with Kaimei Electronic Corp. to distribute its B-TRAN® technology across Asia, leveraging Kaimei's established customer base and market presence [1][2][3] Company Overview - Ideal Power is a developer of the patented B-TRAN® bidirectional semiconductor power switch, which offers significant efficiency improvements for various applications including electric vehicles, renewable energy, and energy storage [5] - The B-TRAN® technology is designed to reduce conduction and switching losses, simplify thermal management, and lower operating costs in AC power switching [5] Partnership Details - The partnership with Kaimei will allow Ideal Power to utilize Kaimei's extensive sales expertise and customer network, targeting shared markets such as industrial, automotive, renewable energy, and EV charging [2][3] - Kaimei has a strong track record, operating in 60 countries and providing high value-added electronic components [2][6] Market Context - Asia is identified as the largest market for power electronics, with companies in the region typically adopting new technologies more rapidly than those in Europe and the U.S. [3] - The collaboration aims to drive revenue growth and secure additional design wins for Ideal Power's B-TRAN® technology [3][4] Business Model - The distribution agreement aligns with Ideal Power's asset-light business model, allowing the company to focus on technology improvements and commercialization while maintaining working capital efficiency [4]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Financial Data and Key Metrics Changes - The first quarter cash burn was $2.1 million, up from $2 million in the first quarter of 2024, but down from $2.6 million in the fourth quarter of 2024 [28] - Cash and cash equivalents totaled $13.7 million as of March 31, 2025, with no debt and a clean capital structure [29] - The net loss for the first quarter of 2025 was $2.7 million compared to $2.5 million in the first quarter of 2024 [31] Business Line Data and Key Metrics Changes - The company completed solid state circuit breaker prototypes three months ahead of schedule, with initial testing completed successfully [5][12] - An order was secured from a third Forbes Global 500 power management market leader for solid state circuit breakers, indicating growing interest in the technology [6] - The company expects initial revenue ramp from solid state circuit breaker customers to start in the second half of 2025 [8] Market Data and Key Metrics Changes - There is a growing need for grid infrastructure upgrades globally, particularly in the US and EU, to handle distributed energy loads, creating significant opportunities for solid state circuit protection [9][10] - The market for solid state circuit breakers is driven by the rapid growth in renewables and energy storage, with a projected investment of over $2 trillion needed in Europe over the next 25 years [9] Company Strategy and Development Direction - The company is focused on leveraging its technology for solid state circuit breakers and EV contactors, with expectations for significant design wins in the near future [26] - The partnership with Stellantis is seen as a high priority, with expectations for rapid progress in the purchase order process [21][36] - The company is also expanding its reach into key markets in Europe and Asia through partnerships, such as with Queensland Semiconductor Technologies [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's position in the market, highlighting the competitive advantages of their technology over silicon carbide devices [16][66] - The company anticipates that the completion of auto certification will enhance its credibility and appeal to industrial customers [70][76] - Management expects to see modest volume in commercial revenue from product sales in the second quarter of 2025, with a revenue ramp starting in the second half of 2025 [30] Other Important Information - The company has 94 issued B TRAN patents, with 45 outside the US, and a pending patent list of 70 [25] - The first engineering run of the next generation B TRAN die was successfully completed, which is expected to double the available capacity from wafer fabrication partners [24] Q&A Session Summary Question: Can you talk about the CCORM advanced technology bullet point? - The order has been partially fulfilled, and shipments have started in Q1, creating opportunities for future design wins [33][34] Question: What does the purchase order process with Stellantis entail? - The process is expected to be relatively short, taking several weeks due to the high priority of the program [36] Question: What is the expected value of Ideal Power technology in electric vehicles? - The estimated value is roughly $1,100 per vehicle, with EV contactors alone valued at $200 to $300 per vehicle [66] Question: What will it take for the company to reach cash flow breakeven? - A few key design wins could lead to significant annual revenue, potentially millions or even exceeding $10 million [59] Question: How long is the sales cycle for your products? - The typical sales cycle is about twelve months for industrial customers, but it can vary widely [60][63] Question: What impact will auto certification have on customers outside the auto industry? - It will positively impact industrial customers, as products that have undergone auto certification are seen as more robust [76]

Financial Data and Key Metrics Changes - The first quarter cash burn was $2.1 million, up from $2 million in Q1 2024, but down from $2.6 million in Q4 2024, and below the guidance of $2.2 million to $2.4 million [29][30] - Cash and cash equivalents totaled $13.7 million as of March 31, 2025, with no debt and a clean capital structure [30][32] - The net loss for Q1 2025 was $2.7 million compared to $2.5 million in Q1 2024 [32] Business Line Data and Key Metrics Changes - The company completed solid state circuit breaker prototypes three months ahead of schedule, with initial testing completed successfully [5][13] - An order was secured from a third Forbes Global 500 power management market leader for solid state circuit breakers, indicating strong interest in the technology [6] - The company expects initial revenue ramp from solid state circuit breaker customers starting in the second half of 2025 [9] Market Data and Key Metrics Changes - There is a growing demand for solid state circuit protection due to the rapid growth in distributed energy sources like renewables and batteries [10][11] - The European Union estimates a need for over $2 trillion in grid investments over the next 25 years, creating significant opportunities for solid state circuit protection technologies [10] - The company is engaged with multiple large global customers, indicating a robust pipeline for future design wins [16] Company Strategy and Development Direction - The company is focused on expanding its technology for solid state circuit breakers and EV contactors, with a strong emphasis on partnerships with major automotive manufacturers like Stellantis [20][21] - The asset-light business model is emphasized as a competitive advantage, allowing the company to leverage existing investments in wafer fabrication and packaging [24][55] - The company is actively pursuing design wins with large customers, which could lead to significant revenue opportunities [62] Management's Comments on Operating Environment and Future Outlook - Management highlighted the urgency for grid infrastructure upgrades to handle distributed loads, which is driving interest in their technology [10][11] - The company expects to see modest volume in commercial revenue from product sales in Q2 2025, with a revenue ramp starting in the second half of 2025 [30] - Management expressed optimism about the potential for significant commercial announcements and design wins in the near future [67] Other Important Information - The company has 94 issued B TRAN patents, with 45 outside the United States, and a pending patent list of 70 [26] - The first engineering run of the next generation B TRAN die was successfully completed, which is expected to double the available capacity from wafer fabrication partners [26] Q&A Session Summary Question: Can you talk about the CCORM advanced technology bullet point? - The order has started shipping and is partially fulfilled, creating opportunities for future design wins [36] Question: What does the PO process at Stellantis mean in terms of time? - The process is expected to take several weeks, as it is a high priority program for Stellantis [40] Question: What is the end game for opportunities with Stellantis? - The company will provide semiconductors for multiple vehicles across Stellantis brands, leveraging a platform approach [46] Question: What is the expected value of ideal power technology in electric vehicles? - The estimated value is roughly $1,100 per vehicle, with significant opportunities in various applications [69] Question: When will auto certification be completed? - Targeting completion by the end of 2025, with the process progressing well [71] Question: What impact will auto qualification have on customers outside the auto industry? - It will positively impact industrial customers, as products with auto certification will be seen as more robust [80]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing technologies to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Revenue Performance - Revenue for the three months ended March 31, 2025, was $12,003, a decrease of 84.7% compared to $78,739 for the same period in 2024[53][61] Cost and Expenses - Cost of revenue for the three months ended March 31, 2025, was $30,862, down 55.1% from $68,498 in the same period in 2024[62] - Research and development expenses increased by $201,099, or 15%, to $1,567,992 for the three months ended March 31, 2025, compared to $1,366,893 in 2024[63] - General and administrative expenses rose by $46,133, or 5%, to $899,821 for the three months ended March 31, 2025, from $853,688 in 2024[64] - Sales and marketing expenses increased by $21,549, or 7%, to $338,160 for the three months ended March 31, 2025, compared to $316,611 in 2024[65] Operational Loss - Loss from operations for the three months ended March 31, 2025, was $2,824,832, a 12% increase from the loss of $2,526,951 in 2024[66] - Net loss for the three months ended March 31, 2025, was $2,703,024, a 9% increase from the net loss of $2,469,626 in 2024[67] Financial Position - Cash and cash equivalents at March 31, 2025, were $13.7 million, with net working capital of $13.4 million[68] Cash Flow - Operating activities resulted in cash outflows of $2,066,774 for the three months ended March 31, 2025, compared to $1,875,295 in 2024[70][71] Interest Income - Net interest income for the three months ended March 31, 2025, was $121,808, compared to $57,325 in the same period in 2024[67]

Exhibit 99.1 Ideal Power Reports First Quarter 2025 Financial Results AUSTIN, TX – May 15, 2025 -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, reports results for its first quarter ended March 31, 2025. "We had a strong start to the year as we completed SSCB prototypes related to our first design win three months ahead of schedule. We expec ...

Core Insights - Ideal Power Inc. reported strong progress in its first quarter of 2025, completing solid-state circuit breaker (SSCB) prototypes ahead of schedule and anticipating initial sales ramp in the second half of the year [2][4] - The company secured an order from a third Forbes Global 500 power management leader for B-TRAN® technology, indicating growing interest in its products [2][4] - Financial results showed a decrease in commercial revenue and an increase in net loss compared to the previous year, highlighting ongoing challenges despite operational advancements [4][12] Financial Performance - Commercial revenue for Q1 2025 was $12,003, a significant decrease from $78,739 in Q1 2024 [12] - Operating expenses rose to $2.8 million in Q1 2025 from $2.5 million in Q1 2024, primarily due to increased research and development spending [4][12] - The net loss for Q1 2025 was $2.7 million, compared to a net loss of $2.5 million in Q1 2024 [4][12] Operational Highlights - The company completed SSCB prototypes related to its first design win three months ahead of schedule [4] - A potential new EV contactor program with Stellantis is progressing through internal approval [4] - Ideal Power's patent estate includes 94 issued B-TRAN® patents, with 45 issued outside the U.S. and 70 pending [4] Market Position and Strategy - Ideal Power is focused on expanding its reach in key markets through partnerships, including a sales representative partnership with Queensland Semiconductor Technologies [4] - The company expects minimal impact from recently enacted tariffs, as power semiconductors are exempt from most tariffs currently in effect [2][4] - The company aims to start its initial sales ramp in the second half of 2025, targeting industrial markets, particularly the SSCB market [2][4]

Core Viewpoint - Ideal Power Inc. is set to hold a conference call on May 15, 2025, to discuss its first-quarter results for the period ending March 31, 2025, with a press release to be issued prior to the call [1]. Group 1: Conference Call Details - The conference call will be hosted by Ideal Power President and CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session for analysts and investors [2]. - Interested participants can access the live conference call by dialing specific numbers for U.S./Canada and international callers, with a recommendation to connect 10 minutes early [3]. - An audio replay of the call will be available for a limited time after the live event [3]. Group 2: Company Overview - Ideal Power is recognized for its patented B-TRAN® bidirectional semiconductor power switch, which offers efficient and eco-friendly energy control solutions across various applications, including electric vehicles and renewable energy [5]. - The B-TRAN® technology provides significant performance enhancements over traditional power semiconductors, reducing conduction and switching losses, as well as operational costs [5].

Ideal Power Inc (NASDAQ:IPWR), a company known for its innovative B-TRAN technology, continues to make big strides with the recent completion of prototypes of a solid-state circuit breaker (SSCB) product for an OEM customer. In a recent discussion with Tim Burns, the company's CFO, he outlined the rapid development of these prototypes, which were designed in collaboration with a key OEM customer and are expected to accelerate market adoption of B-TRAN enabled SSCBs. Burns also shared insights into Ideal Pow ...