Ideal Power Inc. (IPWR), a developer and provider of the patented B-TRAN bidirectional semiconductor power switch, Thursday reported its financial results for the second quarter of fiscal 2025.
The company reported a net loss of $3.04 million or $0.33 loss per share, an increase from $2.6 millions or $0.31 loss per share during the same period last year.
Operating expenses rose to $3.1 million in the second quarter of 2025, up from $2.9 million last year, primarily due to increased research and development spending.
IPWR currently trades at $5.2 or 33.44% higher on the NasdaqCM.
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