Strategic victories and financial challenges

Appearance date: May 15, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• Ideal Power INC (NASDAQ: IPWR) Prototypes Prototype Circuit switch three months before the schedule, which indicates strong project management and execution functions.

• The company secured an order from a third Forbes Global 500 Power Management Market Leader and expanded its customer base and potential sources of income.

• Ideal Power Inc (Nasdaq: IPWR) has a sales representative with Queensland Semiconductor Technologies, which improves its market range in Europe and Asia.

• The company is involved with several large global customers, which can lead to considerable design gains and sales growth.

• Ideal Power INC (NASDAQ: IPWR) maintains a clean capital structure without debt and offers financial stability and flexibility for future investments.

• The company's money burning is expected to increase in 2025, whereby a cash burning of the year is expected to exceed $ 10 million.

• The operating costs have increased compared to the previous year, which could affect profitability if they are not carefully managed.

• The sales cycle for Ideal Power Inc (Nasdaq: IPWR) products can be lengthy, especially among large companies, which may be delayed.

• The company recorded a net loss of $ 2.7 million in the first quarter of 2025, which indicates the ongoing financial challenges.

• There is uncertainty about the time of revenue from new programs, since the order procedure can be bureaucratic and time -consuming among large partners such as Stellantis.

Q: Can you talk about the COM, the advanced technology order and about the corresponding income? A: Unidientified_4 (CFO): We have just started sending the order and it is partially fulfilled. Some programs were in the second quarter and are expected more in the second quarter and the second quarter. This order could lead to a design victory later a year that creates options for us through our sales partners.

Q: What is the schedule for the ordering process with Stellantis and what happens after the conclusion? A: Unidientified_3 (CEO): The process should take several weeks because Stellantis prioritizes this program. After completion, we work with a company with controls for the contractor, including design, tests and shipping devices for laboratory tests. The program could be published in a phase due to its priority.

Q: What is the endgame for the possibilities of ideal power with Stellantis? A: Unidientified_3 (CEO): We put semiconductors for contractors and drive trains, not the entire systems. Stellantis aims to create a platform for multiple models and brands that enable our victories to span various vehicles and markets.