Ideal Power Inc.
IPWR · Semiconductors & Related Devices · 12.2M shares · +68%/yr ↑ dilution · EDGAR filings ↗
Reference price $7.60 · est. market cap ~$92M — last insider purchase, 2026-05-26 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D44gen composite 7pct→44; net margin <-100%; net + operating loss
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Cash burnNegative free cash flow (-9.3M)
- Chronic dilutionShare count +68%/yr over 1y (dilution, book value/share -56%)
- Net lossNet loss (net margin -28038.6%)
- Insider buyingInsider buying — 2 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$289,900, last 6mo) Form 4 ↗
- Revenue declineRevenue -100.0% YoY
- Notable holderHeld by 2 notable fund(s): GOLDMAN SACHS GROUP INC, STATE STREET CORP (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: GOLDMAN SACHS GROUP INC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
-60.1%
Operating margin
-28979.0%
Net margin
-28038.6%
Return on equity
-134.3%
Return on assets
-105.3%
ROIC
-109.6%
Revenue growth (QoQ)
-100.0%
Current ratio
6.7×
Free cash flow
-$9M
EBITDA
-$11M
Tangible book value
$5M
Cash & investments
$6M
Cash runway
3q
Stock comp / revenue
1932.7%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| R. Daniel Brdar | President and CEO | $678K FY2025 |
| SOMO DAVID M | President and CEO | — |
| Timothy Burns | CFO | $495K FY2025 |
| Drue Freeman | Director | $120K FY2025 |
| Gregory Knight | Director | $120K FY2025 |
| Lesster Laban E | Director | — |
| Michael C. Turmelle | Director | $190K FY2025 |
| Ted Lesster | Director | $120K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-26 | TURMELLE MICHAEL C | Buy | 5.2K | $7.60 |
| 2026-05-18 | SOMO DAVID M | Grant | 62K | $5.77 |
| 2026-05-18 | SOMO DAVID M | Tax withheld | 24K | $5.77 |
| 2026-02-25 | SOMO DAVID M | Buy | 91K | $2.75 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-04 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-18 | Material agreementOtherExhibits | filing ↗ |
| 2026-05-14 | ResultsExhibits | filing ↗ |
| 2026-03-10 | ResultsExhibits | filing ↗ |
| 2026-02-25 | Material agreement3.02OtherExhibits | filing ↗ |
| 2025-11-13 | ResultsExhibits | filing ↗ |
| 2025-11-03 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-08-14 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-06-03 | 0001437749-26-019559 ↗ |
| 8-K | 2026-05-18 | 2026-05-14 | 0001437749-26-017643 ↗ |
| 10-Q | 2026-05-15 | 2026-03-31 | 0001437749-26-017430 ↗ |
| 8-K | 2026-05-14 | 2026-05-14 | 0001437749-26-016899 ↗ |
| DEF 14A | 2026-04-27 | 2026-06-03 | 0001437749-26-013466 ↗ |
| 10-K | 2026-03-27 | 2025-12-31 | 0001437749-26-009995 ↗ |
| 8-K | 2026-03-10 | 2026-03-10 | 0001437749-26-007446 ↗ |
| 8-K | 2026-02-25 | 2026-02-23 | 0001437749-26-005668 ↗ |
| 10-Q | 2025-11-13 | 2025-09-30 | 0001437749-25-034655 ↗ |
| 8-K | 2025-11-13 | 2025-11-13 | 0001437749-25-034653 ↗ |
| 8-K | 2025-11-03 | 2025-10-31 | 0001437749-25-032666 ↗ |
| 10-Q | 2025-08-14 | 2025-06-30 | 0001437749-25-026716 ↗ |