- Ideal Power press release ( NASDAQ: IPWR ): Q3 GAAP EPS of -$0.28 beats by $0.01 .
- Revenue of $0.01M (-91.7% Y/Y) misses by $0.19M .
- Operating expenses in the third quarter of 2022 were $1.8 million compared to $1.2 million in the third quarter of 2021.
- Net loss in the third quarter of 2022 was $1.7 million compared to $1.2 million in the third quarter of 2021.
- Cash used in operating and investing activities in third quarter 2022 was $1.6 million compared to $1.7 million in the second quarter of 2022 and $1.2 million in third quarter 2021.
- Cash and cash equivalents totaled $18.5 million at September 30, 2022.
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Ideal Power GAAP EPS of -$0.28 beats by $0.01, revenue of $0.01M misses by $0.19M