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Ideal Power Inc. (IPWR) Q1 2026 Earnings Call Transcript
2026-05-15 · via All Articles on Seeking Alpha

Ideal Power Inc. (IPWR) Q1 2026 Earnings Call May 14, 2026 10:00 AM EDT

Company Participants

David Somo - CEO, President & Director
Timothy Burns - CFO, Secretary & Treasurer

Conference Call Participants

Jeff Christensen

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Ideal Power First Quarter 2026 Results Conference Call. [Operator Instructions] As a reminder, this event is being recorded.

And I would now like to turn the conference over to Mr. Jeff Christensen. Please go ahead, sir.

Jeff Christensen

Thank you, and good morning, everyone. Thank you for joining Ideal Power's First Quarter 2026 Results Conference Call. On the call with me are David Somo, President and Chief Executive Officer; and Tim Burns, Chief Financial Officer. Ideal Power's first quarter 2026 financial results press release is available on the company's website at idealpower.com.

Before we begin, I'd like to remind everyone that statements made on the call and webcast, including those regarding future financial results and the company's prospects are forward-looking and may be subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the call. Please refer to the company's SEC filings for a list of the associated risks. We would also refer you to the company's website for supporting company information.

Now I'll turn the call over to Ideal Power's President and Chief Executive Officer. David?

David Somo
CEO, President & Director

Thank you, Jeff. I appreciate everyone joining us today. I'll provide an update on our commercial progress since the start of the first quarter. Afterwards, I'll turn things over to Tim to discuss our financial results. We look forward to your questions after our remarks.

First, our lead Asia customer project for low current solid-state circuit breakers, or SSCBs, continues to advance