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Ideal Power Inc. (IPWR) company profile

IPWRNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026Score 9/30
$2.19−0.08 (-3.52%)

Close on Nov 12, 2026Market cap $35.99MP/E –Yield –

About Ideal Power

Semiconductors & Related Devices, SIC 3674

Ideal Power Inc. develops and commercializes semiconductor power switch technology based on its proprietary Bidirectional bipolar junction TRANsistor (B-TRAN®) architecture. The company focuses on solid-state power switches that enable bidirectional electrical flow with low conduction losses. Its primary commercial offerings include the discrete B-TRAN® device and the multi-die SymCool® Power Module. Ideal Power markets its products and collaborates with partners across applications such as solid-state circuit protection, electric vehicle contactors, and automotive drivetrain inverters.

The company operates utilizing qualified third-party semiconductor foundries to fabricate silicon wafers using conventional manufacturing equipment and processes. Its corporate operations and principal executive offices are located in Austin, Texas. Ideal Power collaborates with global automakers, circuit protection equipment manufacturers, and distribution partners across North America, Europe, and Asia.

Summary of the business section of Ideal Power's latest annual report, written by StockData.

Company profile

Company

Legal name
Ideal Power Inc.
Founded
2007
Headquarters
Austin, TX
Address
5508 Highway 290 West, Suite 120 78735
Phone
(512) 264-1542
Employees
17, Dec 31, 2025
Industry
Semiconductors & Related Devices
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
BPM LLP, San Jose, California

Stock & identifiers

Ticker
IPWR
Exchange
Nasdaq
IPO date
Nov 25, 2013
Shares outstanding
16M, Aug 11, 2026
Public float
$37.50M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
1-for-10 reverse, Aug 20, 2019
SEC CIK
1507957
CUSIP
451622203
ISIN
US4516222035
FIGI
BBG004YSSTM4
Share class FIGI
BBG004YSSTN3
LEI
529900GSUN7DW3QD5F50
EIN
14-1999058

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
David M. SomoPresident and CEO, Director380,927
Daniel BrdarPresident and CEO, Director174,652
Timothy BurnsCFO114,699
Michael C. TurmelleDirector83,582
Laban E. LessterDirector42,166
Gregory C. KnightDirector39,166
Drue FreemanDirector39,166

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
David Somo
$2.16M$1.42M$494.79K$29–
FY2025
RDaniel Brdar
$678.22K-$132.79K$494.79K$29–
FY2024
David Somo
$0$0$669.29K$71–
FY2024
RDaniel Brdar
$1.18M$1.09M$669.29K$71–
FY2023
David Somo
$0$0$400.33K$73–
FY2023
RDaniel Brdar
$627.70K$92.16K$400.33K$73–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOtherTotalvs. prior year
David Somo
President and Chief Executive Officer
$57.21K–$2.08M$19.82K$2.16M–
Timothy Burns
Chief Financial Officer and Secretary
$282.58K$11.77K$174.57K$25.87K$494.79K-26%
R. Daniel Brdar
Former President and Chief Executive Officer
$306.52K–$337.71K$33.99K$678.22K-43%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Nov 25, 2013
Offer price
$5.00
Securities offered
3,000,000
Gross proceeds
$15.00M
Exchange
Nasdaq
First trading day
Nov 22, 2013
First-day close
$5.35+7.0%
Lock-up ends (est.)
May 21, 2014

“Per Share Total Public offering price $ 5.00 $ 15,000,000.00 Underwriting discounts and commissions $ 0.4625 $ 1,387,500.00 Proceeds to us (before expenses) (1) $ 4.5375 $ 13,612,500.00 (1) See “Underwriting” for a description of compensation payable to the underwriter.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“As of February 28, 2026, we had 17 full-time employees.”

Corporate history

Events identified from SEC filings

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