<a href="https://laohu8.com/S/IPWR">Ideal Power Inc</a>. Reports Widened Net Loss of $5.74M for H1 2025; EPS at $(0.63) as Commercial Revenue Falls to $13,278
Ideal Power Inc. has reported its financial results for the second quarter and the first half of 2025. For the quarter ended June 30, 2025, the company recorded commercial revenue of $1,275, down slightly from $1,331 in the same quarter of the previous year. For the first six months of 2025, commercial revenue decreased significantly to $13,278 from $80,070 in the same period in 2024. The company reported a net loss of $3.037 million for the quarter, compared to a net loss of $2.662 million in the second quarter of 2024. In the first half of 2025, the net loss totaled $5.740 million, up from a loss of $5.132 million in the first six months of 2024. Ideal Power Inc. reported cash and cash equivalents of $11.106 million at the end of the second quarter, a decrease from $20.065 million at the same time last year. The decrease in cash was partly due to cash flows used in operating activities, which included a net loss and adjustments such as stock-based compensation and changes in operating assets. The company did not provide specific guidance or outlook in the report.
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