Ideal Power Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 0.078739 million compared to USD 0.000664 million a year ago. Revenue was USD 0.078739 million compared to USD 0.000664 million a year ago.

Net loss was USD 2.47 million compared to USD 2.53 million a year ago. Basic loss per share from continuing operations was USD 0.39 compared to USD 0.41 a year ago.