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]

AUSTIN, Texas, May 1, 2025 /PRNewswire/ -- 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, today announced that management will hold a conference call on Thursday, May 15, 2025 at 10:00 AM Eastern Time to discuss its results for the first quarter ended March 31, 2025. A press release detailing these results will be issued prior to the call.Idea ...

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 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

AUSTIN, Texas, April 1, 2025 /PRNewswire/ -- 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, today announced all deliverables related to our first design win for solid-state circuit breakers (SSCBs) were successfully completed three months ahead of schedule. In connection with our design win announced in December 2024, the Company entered into ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001‑36216 IDEAL POWER INC. (Exact name of registrant as specified in its charter) DELAWARE 14‑1999058 (State or other jurisdiction of incorporation or organization) For the transition period from t ...

Core Insights - Ideal Power Inc is progressing ahead of schedule in its joint development program for solid-state circuit breakers, attributed to effective collaboration and integration processes [1][2] Group 1: Product Development and Market Strategy - The B-TRAN based solution is designed to fit seamlessly within existing circuit breaker designs, expediting the customer's time to market for their initial product [2] - Prototypes of the circuit breaker are expected to be completed and shipped by late March or early April, with commercial sales anticipated to begin in 2025 [2][8] - The customer initially sought a higher-performing alternative to their existing circuit breaker, which was not meeting performance expectations [3] Group 2: Competitive Advantage and Technology Differentiation - Ideal Power's technology offers a more efficient and cost-effective solution compared to silicon carbide-based devices, addressing critical issues like cost and conduction losses [4] - The company's solid-state circuit breaker technology is over 100 times faster than conventional electromechanical breakers, making it suitable for applications requiring rapid response [14] - The B-TRAN technology is designed to minimize conduction losses, which is essential for continuously conducting devices like circuit breakers [13][14] Group 3: Financial Outlook and Revenue Potential - The first design win for the solid-state circuit breaker could generate over $1 million in revenue in its second year, with expectations for scaling B-TRAN adoption across other customers [11] - Ideal Power has a serviceable addressable market opportunity of $1 billion in solid-state switchgear and $1.4 billion in energy and power [13] - The company has $15.8 million in cash and no long-term debt, allowing for strategic investments to support the transition from development to revenue generation starting in 2025 [15]

Investment Focus - The company focuses on growth markets, particularly in AI and biotech, while also exploring undervalued stocks with significant potential [1] - The investment strategy includes a diverse portfolio ranging from megacap to microcap stocks, primarily in the U.S. market, with occasional interest in European and Canadian stocks [1] Investment Strategy - The investment style is inspired by Warren Buffett but is applied to riskier investments, indicating a willingness to engage in more volatile sectors [1] - The portfolio includes sectors such as semiconductor, mining, shipping, and dividends, highlighting a broad investment approach [1] Professional Background - The company is led by a deputy director general in a prominent European sector organization, bringing over twenty years of experience in Brussels, which is central to European institutions [1] - The individual has a Master's Degree in Law, suggesting a strong analytical background that may benefit investment decision-making [1]