IPWR: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, IPWR has $12,226,038 in assets. $2,152,197 in debts. $8,394,113 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	8,394,113	11,105,553
Accounts receivable, net	31,500	8,175
Inventory	65,087	77,387
Prepayments and other current assets	184,228	233,528
Total current assets	8,674,928	11,424,643
Property and equipment, net	408,675	382,451
Intangible assets, net	2,678,387	2,681,808
Right of use asset	419,589	441,325
Other assets	44,459	17,789
Total assets	12,226,038	14,948,016

Accounts payable	229,199	152,715
Accrued expenses	568,675	663,642
Current portion of lease liability	90,646	87,915
Total current liabilities	888,520	904,272
Long-term lease liability	334,430	358,446
Other long-term liabilities	929,247	946,957
Total liabilities	2,152,197	2,209,675
Common stock, 0.001 par value 50,000,000 shares authorized 8,512,724 shares issued and 8,511,403 shares outstanding at september 30, 2025 and 8,336,812 shares issued and 8,335,491 shares outstanding at december 31, 2024	8,513	8,499
Additional paid-in capital	126,226,240	125,950,104
Treasury stock, at cost, 1,321 shares at september 30, 2025 and december 31, 2024	13,210	13,210
Accumulated deficit	-116,147,702	-113,207,052
Total stockholders equity	10,073,841	12,738,341
Total liabilities and stockholders equity	12,226,038	14,948,016

Unit: Dollar