IPWR: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, IPWR has $20,457,702 in assets. $2,650,152 in debts. $16,410,749 in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and cash equivalents	16,410,749	8,394,113	11,105,553
Accounts receivable, net	24,000	31,500	8,175
Inventory	41,625	65,087	77,387
Prepayments and other current assets	323,776	184,228	233,528
Total current assets	16,800,150	8,674,928	11,424,643
Property and equipment, net	480,919	408,675	382,451
Intangible assets, net	2,742,940	2,678,387	2,681,808
Right of use asset	374,741	419,589	441,325
Other assets	58,952	44,459	17,789
Total assets	20,457,702	12,226,038	14,948,016

Accounts payable	757,554	229,199	152,715
Accrued expenses	643,421	568,675	663,642
Current portion of lease liability	96,284	90,646	87,915
Total current liabilities	1,497,259	888,520	904,272
Long-term lease liability	284,844	334,430	358,446
Other long-term liabilities	868,049	929,247	946,957
Total liabilities	2,650,152	2,152,197	2,209,675
Common stock, 0.001 par value 50,000,000 shares authorized 8,538,708 shares issued and 8,537,387 shares outstanding at december 31, 2025 and 8,336,812 shares issued and 8,335,491 shares outstanding at december 31, 2024	12,114	8,513	8,499
Additional paid-in capital	139,485,834	126,226,240	125,950,104
Treasury stock, at cost 1,321 shares at december 31, 2025 and 2024, respectively	13,210	13,210	13,210
Accumulated deficit	-121,677,188	-116,147,702	-113,207,052
Total stockholders equity	17,807,550	10,073,841	12,738,341
Total liabilities and stockholders equity	20,457,702	12,226,038	14,948,016

Unit: Dollar. Numbers labeled with * are estimated quarterly values.