Ideal Power Inc

Company Snapshot
5508 Highway 290 West
Austin, TX 78735
United States
Sector: Industrials
Industry: Electrical Equipment & Parts
Full Time Employees: 11
https://www.idealpower.com
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Company Financials

2021
2022
2023
Gross Profit
$0
$0
$38,258
Operating Income
-$4,848,975
-$7,342,959
-$10,352,088
Net Income
-$4,770,269
-$7,189,350
-$9,954,020
2021
Gross Profit
$0
Operating Income
-$4,848,975
Net Income
-$4,770,269
2022
Gross Profit
$0
Operating Income
-$7,342,959
Net Income
-$7,189,350
2023
Gross Profit
$38,258
Operating Income
-$10,352,088
Net Income
-$9,954,020
The above data on Ideal Power Inc came from annual proxy statements to the SEC. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov
Top Executives
Total Cash info
Equity info
Other info
Total Compensation
Top Executives
Total Compensation
R. Brdar
Director, President and Chief Executive Officer
$602,140
$0
$25,559
$627,699
R. Brdar
$627,699
Director, President and Chief Executive Officer
Timothy Burns
Chief Financial Officer, Chief Accounting Officer, Secretary and Treasurer
$381,478
$0
$18,856
$400,334
Timothy Burns
$400,334
Chief Financial Officer, Chief Accounting Officer, Secretary and Treasurer
Michael Turmelle
Chairman of the Board
$70,000
$120,000
$0
$190,000
Michael Turmelle
$190,000
Chairman of the Board
Ted Lesster
Independent Director
$60,000
$60,000
$0
$120,000
Ted Lesster
$120,000
Independent Director
Drue Freeman
Independent Director
$60,000
$60,000
$0
$120,000
Drue Freeman
$120,000
Independent Director
Ideal Power Inc listed the above executives on its annual proxy statement to the SEC for the fiscal year of 2023. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov

The sum of all cash payments made to an individual for services during a given year. It is comprised of yearly Base Pay and Bonuses

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The value of stock and option awards plus long term incentives granted.

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This covers all compensation that don't fit in any of these other standard categories

To view more detailed proxy data including previous years contact our sales team.

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