Ideal Power Reports Third Quarter 2021 Financial Results
AUSTIN, Texas, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Ideal Power or the Company) (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN bidirectional power switches, reported results for its third quarter ended September 30, 2021.
- AUSTIN, Texas, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Ideal Power or the Company) (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN bidirectional power switches, reported results for its third quarter ended September 30, 2021.
- Grant revenue was $121,028 in the third quarter of 2021 compared to $147,787 in the third quarter of 2020.
- Ideal Power had no long-term debt outstanding at September 30, 2021.
- Ideal Power President and CEO Dan Brdar and CFO Tim Burns will host a conference call today, followed by a question-and-answer period.