Ideal Power Inc. (NASDAQ: IPWR) released its financial results for the three months and full year ended December 31, 2024, in a press release issued on February 27, 2025. The announcement was filed with the U.S. Securities and Exchange Commission on the same day via the Company’s Form 8-K current report.
According to the filing, the press release—attached as Exhibit 99.1—contains detailed information on the Company’s performance over the stated periods. It also includes various forward-looking statements along with cautionary remarks regarding factors that could lead to actual results materially differing from those anticipated.
The filing emphasizes that the information included in the press release is furnished for informational purposes only and is not considered filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in any subsequent filings under applicable securities laws.
Timothy Burns, Chief Financial Officer of Ideal Power Inc., signed the filing on February 27, 2025. Further details on the financial performance and operational highlights are available in the Company’s full press release.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Ideal Power’s 8K filing here.
About Ideal Power
Ideal Power Inc focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It also offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets.
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