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Ideal Power Inc. (IPWR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Products         4.3
Total revenues   [+]7.30.60.40.00.00.01.64.3
            Revenue growth   [+]1173.9%34.6%   -100.0%-61.8%137.4%
Cost of goods sold  7.30.60.40.00.00.01.93.9
Gross profit  0.00.00.00.00.00.0-0.30.4
            Gross margin  0.0%0.0%0.0%   -19.1%9.1%
Selling, general and administrative   [+]4.02.92.32.13.43.55.55.3
Research and development  3.41.91.71.10.90.75.25.5
EBITDA   [+]-7.2-4.7-3.9-3.0-4.2-4.1-10.6-10.2
            EBITDA margin  -97.5%-813.9%-921.6%   -651.5%-240.4%
Depreciation  0.20.00.00.00.10.10.30.2
EBITA  -7.3-4.7-4.0-3.0-4.2-4.2-11.0-10.5
            EBITA margin  -100.0%-818.3%-927.3%   -672.5%-245.8%
Amortization of intangibles   0.10.10.10.10.10.1 
EBIT   [+]-7.3-4.8-4.1-3.1-4.3-4.2-11.0-10.5
            EBIT margin  -100.0%-841.3%-950.2%   -676.4%-245.8%
Interest income, net   [+]0.20.00.00.00.00.00.00.0
Other income (expense), net   0.1-3.7 0.1   
Pre-tax income  -7.2-4.8-7.8-3.1-4.3-4.2-11.0-10.4
Income taxes  0.00.00.00.83.66.20.00.0
            Tax rate  0.0%0.0%0.0%   0.0%0.0%
Earnings from continuing ops  -7.2-4.8-7.8-3.1-4.3-4.2-11.0-10.4
Earnings from discontinued ops     0.0    
Net income  -7.2-4.8-7.8-3.9-7.9-10.4-11.0-10.4
            Net margin  -97.9%-827.6%-1820.5%   -674.2%-245.1%
   
Basic EPS   [+]($1.17)($0.80)($2.20)($1.89)($3.05)($0.32)($1.15)($1.23)
Diluted EPS   [+]($1.17)($0.80)($2.20)($1.89)($3.05)($0.32)($1.15)($1.23)
   
Shares outstanding (basic)   [+]6.25.93.51.71.413.29.58.5
Shares outstanding (diluted)   [+]6.25.93.51.71.413.29.58.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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