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Ideal Power Inc
5508 Highway 290 West, Suite 120
Phone: (512) 264-1542p:512 264-1542 AUSTIN, TX  78735  United States Ticker: IPWRIPWR
Business Summary
Ideal Power, Inc. is focused on the development and commercialization of its Bidirectional, bipolar junction TRANsistor (B-TRAN) solid-state switch technology. The Company is engaged in the development of its bidirectional power switches, creating energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, uninterruptible power supply (UPS)/ data center, solid-state circuit breaker and other industrial and military applications. B-TRAN is a double-sided bidirectional alternative circuit (AC) switch that delivers performance improvements over conventional power semiconductors. The Company's B-TRAN modules reduce conduction and switching losses, complexity of thermal management and operating costs in medium voltage AC power switching and control circuitry.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
3699 Electrical machinery, equipment, and supplies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Michael C.Turmelle 64 1/1/2021 12/18/2017
President, Chief Executive Officer, Director R. DanielBrdar 63 4/8/2020 1/8/2014
Chief Financial Officer, Treasurer, Secretary Timothy W.Burns 48 11/1/2013 10/21/2013
3 additional Officers and Directors records available in full report.

General Information
Number of Employees: 11 (As of 2/28/2024)
Outstanding Shares: 7,371,699 (As of 3/28/2024)
Shareholders: 22
Stock Exchange: NASD
Federal Tax Id: 141999058
Fax Number: (845) 818-3588


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Thursday, April 18, 2024