Ideal Power
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ideal Power's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $198,871. Profit margin reached -5005%. Total operating expenses were $10,390,346.
Profit Margin
| 2014 | 1.79M | -6.90M | -384.61% |
|---|---|---|---|
| 2015 | 4.25M | -10.44M | -245.09% |
| 2016 | 1.62M | -10.98M | -674.21% |
| 2017 | 1.21M | -10.33M | -852.54% |
| 2018 | 0 | -7.90M | |
| 2019 | 0 | -3.93M | |
| 2020 | 428.12K | -7.79M | -1821.63% |
| 2021 | 576.39K | -4.78M | -829.8% |
| 2022 | 203.26K | -6.88M | -3385.73% |
| 2023 | 198.87K | -9.95M | -5005.26% |
IPWR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 198.87K | 203.26K | 576.39K | 428.12K | 0 | 0 | 1.21M | 1.62M | 4.25M | 1.79M |
Cost of revenue | 160.61K | 203.26K | 576.39K | 428.12K | 110.46K | 0 | 2.24M | 1.93M | 3.87M | 2.27M |
Gross profit | 38.25K | 0 | 0 | 0 | -110.46K | 0 | -1.02M | -310.97K | 387.23K | -476.75K |
Operating exp. | ||||||||||
Research and development | 5.74M | 3.36M | 1.92M | 1.72M | 1.05M | 871.74K | 4.18M | 5.22M | 5.52M | 2.25M |
Selling and marketing | 1.11M | 852.33K | 512.80K | 40K | 0 | 0 | 1.44M | 1.73M | 1.64M | 1.19M |
Total operating expenses | 10.39M | 7.34M | 4.84M | 4.06M | 3.11M | 4.31M | 9.32M | 10.70M | 10.85M | 6.45M |
Operating income | -10.35M | -7.34M | -4.84M | -4.06M | -3.11M | -4.31M | -10.35M | -11.01M | -10.47M | -6.92M |
Other income (expenses), net | 398.06K | 153.60K | 78.70K | -3.72M | -4.26K | 40.02K | -6.20M | 36.04K | 31.47K | 27.71K |
Income before tax | -9.95M | -7.18M | -4.77M | -7.79M | -3.11M | -4.27M | -10.33M | -10.98M | -10.44M | -6.90M |
Income tax expense | 0 | -307.21K | 12.70K | 5.04K | 812.39K | 3.59M | -17.58K | -36.04K | -31.47K | -27.71K |
Net income | -9.95M | -6.88M | -4.78M | -7.79M | -3.93M | -7.90M | -10.33M | -10.98M | -10.44M | -6.90M |
Earnings per share | ||||||||||
Basic EPS | -1.61 | -1.12 | -0.81 | -2.2 | -2.38 | -5.65 | -7.82 | -11.5 | -12.29 | -9.83 |
Diluted EPS | -1.61 | -1.12 | -0.81 | -2.2 | -2.38 | -5.64 | -7.82 | -11.5 | -12.29 | -9.83 |
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