Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-8

(Form Type)

 

Ideal Power Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Security
Type

 

Security Class Title

 

Fee Calculation
Rule

 

Amount
Registered(1)

   

Proposed
Maximum

Offering
Price Per Unit(2)

   

Maximum
Aggregate

Offering
Price

   

Fee Rate

 

Amount of
Registration

Fee

 

Equity

 

Common Stock, $0.001 par value

 

Rule 457(c)

and Rule 457(h)

 

400,000

   

$

8.195

   

$

3,278,000

   

0.00014760

 

$

483.84

 

Total Offering Amounts

   

$

3,278,000

       

$

483.84

 

Total Fee Offsets

               

$

0

 

Net Fee Due

               

$

483.84

 

 

(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also covers any additional shares of the registrant’s common stock that may become issuable under the Ideal Power Inc. Amended & Restated 2013 Equity Incentive Plan as a result of any future stock splits, stock dividends or similar adjustments of the registrant’s outstanding common stock.

 

(2) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act. The proposed maximum offering price per share is estimated based on the average of the high ($8.89) and low ($7.50) sales prices for the registrant’s common stock as reported by the Nasdaq Capital Market on March 26, 2024.