Earnings Call Summary | Ideal Power(IPWR.US) Q1 2024 Earnings Conference
Earnings Call Summary | Ideal Power(IPWR.US) Q1 2024 Earnings Conference
The following is a summary of the Ideal Power Inc. (IPWR) Q1 2024 Earnings Call Transcript:
以下是理想動力公司（IPWR）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Ideal Power Inc. reported Q1 2024 commercial revenue of $79,000.
Operating expenses were $2.5 million, down from $2.6 million in Q1 2023.
The net loss in Q1 2024 stood at $2.5 million, consistent with Q1 2023.
Cash and cash equivalents for the company were $20.2 million at the end of March 2024.
After a public offering in late March, the total net proceeds were $15.7 million.
The company reported 9,899,133 fully diluted shares at the end of March 2024 with an addition of 300,000 shares in April 2024.
Ideal Power Inc.報告稱，2024年第一季度商業收入爲79,000美元。
運營支出爲250萬美元，低於2023年第一季度的260萬美元。
2024年第一季度的淨虧損爲250萬美元，與2023年第一季度持平。
截至2024年3月底，該公司的現金及現金等價物爲2,020萬美元。
在3月下旬進行公開募股後，淨收益總額爲1,570萬美元。
該公司報告稱，截至2024年3月底，已全面攤薄後的9,899,133股股票，2024年4月增加了30萬股。
Business Progress:
業務進展：
Ideal Power Inc. fulfilled initial customer orders for its SymCool Power Module and added Richardson Electronics as the first distributor.
The company finalized an agreement with another distributor with a stronghold in Asia.
The successful completion of Phase II of the development program with Stellantis was accomplished early, with an expanded roster of test and evaluation program participants in place.
Project aims include converting large OEMs into design wins and/or custom development agreements, selling SymCool Power modules to new and existing customers, and securing Phase III with Stellantis.
Ideal Power is expecting product design wins later this year for roll-outs either late this year or early next year with two S&P 500 companies.
Ideal Power Inc. 完成了其SymCool功率模塊的初始客戶訂單，並將理查森電子列爲第一家分銷商。
該公司與另一家在亞洲擁有據點的分銷商敲定了協議。
Stellantis開發計劃的第二階段成功完成了早期的完成，測試和評估計劃參與者的陣容也有所擴大。
項目目標包括將大型原始設備製造商轉化爲設計中標和/或定製開發協議，向新老客戶銷售SymCool Power模塊，以及與Stellantis合作確保第三階段的安全。
Ideal Power預計，兩家標準普爾500指數公司的產品設計將在今年晚些時候或明年初推出。
More details: Ideal Power IR
更多詳情： 理想功率紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。